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9815 Laraway Road, Frankfort, IL 60423

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For Sale
Sale Pending

$849,900

21 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Farm/Ranch
    Property type

  • $40,471.43
    Price per square foot

Explore this Property

21 acres of prime Frankfort farmland with excellent potential for future industrial zoning. This property, located near the intersection of Laraway Road and Center Road, features a 2,500 sq. ft. heated warehouse equipped with two large overhead doors, ample parking, and two handicapped-accessible bathrooms with heated floors. The front acreage includes two outbuildings and elevated land, ready for immediate use. The property's layout is ideal for small businesses, offering great investment potential with significant upside for future development on the 21 acres towards the rear. Although a ComEd easement separates the back 11.25 acres, it remains accessible. The adjacent farm (MLS number 11982008) is also available for sale, offering an extra 35 acres along Laraway frontage and 20 acres south of the ComEd easement. This prime location provides easy access to I-57, LaGrange Road, and I-355, making it a strategic investment opportunity
MLS# 12102577

Courtesy Of Coldwell Banker Gold Coast

(312) 981-5500

Property Features

  • Lot Size
    2-5 Acres, 21 Acres
  • Style
    Not Applicable

Map and Directions

Directions to 9815 Laraway Road, Frankfort, IL 60423

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(708) 361-0800
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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