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  • $849,900

    9815 W Laraway Rd, Frankfort, IL 60423

    --beds
    --baths
    21Acres
    Unimproved Land, Farm
    Built in ----
    21 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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
    569 days
    |
    419
    |
    19
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 14, 2026 at 12:01am

    Listing courtesy of:

    Charles Groebe 312-981-5500,

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12102577MLS Logo

    Facts & features

    Property

    Features
    • Frontage length: 651
    Lot
    • Size: 21 Acres
    • Dimensions: 651X1264
    Details
    • Additional structures: Bldg/s No House
    • Parcel number: 1909332000320000
    • Zoning: AGRIC
    • Special conditions: None

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electric to Site

    Community & HOA

    Location
    • Region: Frankfort

    Financial & listing details

    • Annual tax amount: $5,532
    • Date on market: 7/5/2024
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    7/5/2024Listed for sale$849,900
    Source: MRED as distributed by MLS GRID #12102577 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 60423

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 157C

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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