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795 Center Rd - Frank and Annette Fleck LP Development Land
11 Acres of Industrial Land Offered at $1,950,000 in Frankfort, IL 60423
Investment Highlights
- Clean land for Development
- Mixed-use possibilities - light industrial, business, commercial, retail
- SEE THE DRONE VIDEO
- Corner of Laraway and Center Roads
- Gateway to Village of Frankfort, Illinois - WILL COUNTY
Executive Summary
Site is zoned Estate Residential ":ER"); however Village of Frankfort will consider a zoning change in line with Business Park and Light Industrial plans.
Future possible building sizes ranging from 2,000 - 50,000 SF. Video gaming and retail liquor sale prohibited (restaurant liquor sales allowed).
Financial Summary (Actual - 2021) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$1,729
|
$157.18
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,729
|
$157.18
|
Financial Summary (Actual - 2021)
| Taxes | |
|---|---|
| Annual | $1,729 |
| Annual Per AC | $157.18 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $1,729 |
| Annual Per AC | $157.18 |
Property Facts
1 Lot Available
Lot
| Price | $1,950,000 | Lot Size | 11.00 AC |
| Price Per AC | $177,273 |
| Price | $1,950,000 |
| Price Per AC | $177,273 |
| Lot Size | 11.00 AC |
Land Area: ±11 AC Not divisible for sale Vehicles per day: 3,650 on Center Rd. & 9,150 Laraway Rd. Zoning: Estate residential-rezoning for industrial and business will match surrounding zoning and uses. Land is currently farmed and taxed accordingly
Description
FUTURE DEVELOPMENT SITE Corner of Center and Laraway Roads in Frankfort, IL Main southern access point to accessing downtown Frankfort Mixed uses include; retail, restaurant, office, and industrial Future possible building sizes ranging from 2,000 - 50,000 SF + Highly desirable local demographics Video gaming and retail liquor sale prohibited (restaurant liquor sales allowed) Future Laraway Road widening project.
zoning
| Zoning Code | ER (Estate Residential - Rezoning required for commercial or industrial uses) |
| ER (Estate Residential - Rezoning required for commercial or industrial uses) |
Presented by
795 Center Rd - Frank and Annette Fleck LP Development Land
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