9815 Laraway Road
Frankfort, IL 60423

Status: Active
Land
0 beds
0 baths
0 sq.ft
Listing Price: $849,900

About this home

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

Property details

Property / Lot Details
Acreage 21
Other Structures Bldg/s No House
Building(s) on Land Yes
CurrentUse Agricultural
Lot Dimensions 651X1264
Farm Yes
FrontageLength 651
Farms Type Grain, Hobby, Mixed, Nursery, Other
FrontageType Frontage Road
Lot Size 10.0-24.99 Acres
Ownership Fee Simple
Property Type Land
School / Neighborhood, Utilities, Financing, Location Details
Area Major Frankfort
Zoning Type AGRIC
Corporate Limits Frankfort
Directions Laraway and Center Road, West 1/2 mile to just west of the Com Ed wires, on the south side of the street.
Elementary Sch Dist 157C
High Sch Dist 157C
Jr High/Middle Dist 157C
Township Frankfort
Interior Features
Basement Bathrooms No
Utilities Electric to Site, Septic-Private, Well Private
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
MRD Virtual Tour None

Financials

Investment Profile Farm

Tax/Assessments/Liens

PIN 1909332000320000
Special Assessments N
Taxes $5,532
Tax Year 2022
$849,900 Listing Price:
MLS # 12102577
Investment Profile Farm
Listing Market Time 154 days
Basement
List Date 07/05/2024
Year Built
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...