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Listing provided courtesy of Goodwin & Associates Real Estate LLCMREDas Distributed by MLSGrid- MLS# 12457682MLS Provider

Frankfort, IL 60423

Single Family
$1,546,350 Active

Overview

Time on Site:
304 days
Visits:
4

The property offers approximately 23.5 acres of currently vacant land located just west of the Route 30/W Lincoln Highway and S Harlem Avenue intersection. This parcel is prime for residential or commercial development with the great location, visibility, and a traffic count of 20,400 VPD. The site is surrounded by single family housing developments and mixed commercial use. Land in Frankfort, IL, is perfect for development because the town is growing rapidly, with a strong sense of community and excellent schools. Its strategic location near major highways provides easy access to Chicago and surrounding areas, making it attractive for both residential and commercial projects. The area's blend of small-town charm and modern amenities creates a high demand for new developments, ensuring strong investment potential.

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Facts & Features

  • Type Single Family

Details

General

School Information

  • School District: 210

Business Information

  • Current Use: Agricultural

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Frankfort
  • Township: Frankfort

Tax Information

  • Tax Annual Amount: $600.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1909242000040000
  • Property Type: Farm
  • Special Listing Conditions: None
  • Zoning: AGRIC

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 823
  • Frontage Type: City Street
  • Lot Size Dimensions: 823 x 1200
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Unknown (verify)

Neighborhood

Community

60423 (FRANKFORT) Demographics

43
Median Age
859
Population Density (per sq. mile)
54%
College Educated
$118,856
Estimated Median Income
9,728
Estimated Total Home Owners
750
Estimated Total Renters
93% / 7%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$654,282
Average List Price
$236
Average Price per Square Foot
44
Properties Sold
51
Average Days on Market
114
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
9/3/2025Source: MRED Status Change
Active
8/29/2025Source: MRED Added to Database
August 29, 2025