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19915 S La Grange Rd

7,200 SF Retail Building Frankfort, IL 60423 $2,790,000 ($388/SF)

Investment Highlights

  • Signalized corner off of La Grangeand La Porte Road
  • Favorable low Will County taxes
  • Strong visibility with fantastic signage options
  • Highly accessible with two available entrances

Executive Summary

Introducing, a RARE opportunity to acquire a 7,200 SF commercial building with approximately 1 Acre of PRIME Frankfort property! Strategically located on a signalized corner off LaGrange & Laporte Road about 1 mile from I-80 interchange. Featuring an expansive showroom with radiant heated floors, a 4,200 SF warehouse/service area with 3 overhead doors, and original C4 zoning with allowances to do C3,C2, and C1 without a special use permit for perpetuity. This caters perfectly to investors or businesses seeking adaptable space. With two convenient entrances, a fully curbed, paved, and well-lit parking lot with over 100 parking spaces, this property is designed for seamless operation and accessibility.
Advantageously positioned on a signalized corner, with many well-known retail establishments nearby, this property offers unmatched visibility, and fantastic signage options! This location also benefits from a substantial flow of passing traffic, ensuring exceptional exposure and customer attraction. Its flexible zoning allows for a variety of commercial uses, ideal for leasing to multiple tenants or establishing a flagship business location. Also available for lease $30/SF NNN call for more information.
Take advantage of this exceptional opportunity to acquire a versatile commercial asset with several zoning options and establish a strategic presence in the vibrant Frankfort business community.

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
7,200 SF
Building Class
C
Year Built
1993
Price
$2,790,000
Price Per SF
$388
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Land Acres
1.00 AC
Zoning
C-4 - C4 (no special use permit required, or C1,C2,C3 per annexation agreement which goes with property for perpetuity )
Parking
150 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
150 FT on La Grange Road

Amenities

  • Corner Lot
  • Signalized Intersection
  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 7,200 SF
  • Retail
  • -
  • 90 Days

PRIME 7,200 SF Frankfort property now available to lease! Strategically located on a signalized corner off LaGrange & Laporte Road about 1 mile from I-80 interchange. Featuring an expansive showroom with radiant heated floors, 2 private offices, a 4,200 SF warehouse/service area with 3 overhead doors, and original C4 zoning with allowances to do C3, C2, and C1 without a special use permit for perpetuity. This caters perfectly to investors or businesses seeking adaptable space. With two convenient entrances, a fully curbed, paved, and well-lit parking lot with over 100 parking spaces, this property is designed for seamless operation and accessibility. Also available for sale $2,790,000....or Ground lease options! Lease rate $30/sf + NNN

Space Size Space Use Position Available
1st Floor 7,200 SF Retail - 90 Days

1st Floor

Size
7,200 SF
Space Use
Retail
Position
-
Available
90 Days

1st Floor

Size 7,200 SF
Space Use Retail
Position -
Available 90 Days

PRIME 7,200 SF Frankfort property now available to lease! Strategically located on a signalized corner off LaGrange & Laporte Road about 1 mile from I-80 interchange. Featuring an expansive showroom with radiant heated floors, 2 private offices, a 4,200 SF warehouse/service area with 3 overhead doors, and original C4 zoning with allowances to do C3, C2, and C1 without a special use permit for perpetuity. This caters perfectly to investors or businesses seeking adaptable space. With two convenient entrances, a fully curbed, paved, and well-lit parking lot with over 100 parking spaces, this property is designed for seamless operation and accessibility. Also available for sale $2,790,000....or Ground lease options! Lease rate $30/sf + NNN

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 09-15-100-008
  • 09-15-100-007
Land Assessment
$159,506
Improvements Assessment
$77,674
Total Assessment
$237,180
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 32556400

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 19915 S La Grange Rd, Frankfort, IL 60423

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