9815 W Laraway Road, Frankfort, IL 60423 | MLS #12021377 | Berkshire Hathaway HomeServices Chicago

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Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12021377MLS Provider

9815 W Laraway RoadFrankfort, IL 60423

Commercial · 2,500 Sq. ft. | 20.09 Acres
$849,900 Active

9815 W Laraway Road Overview

Time on Site:
815 days
Visits:
4

21 acres of prime Frankfort farmland improved with access to Laraway Road near Center Road. 2,500 sf warehouse with 2 large overhead doors and ample parking around the building. Front acreage improved with 2 outbuildings and raised land for immediate use. The warehouse is heated, it has 2 handicapped bathrooms and heated floors. This is the perfect investment for a small business with great future up-side development of the 21 acres to the rear. Com Ed easement separates back 11.25 acres but it is accessible over the easement. Additionally, the adjacent farm is available for sale, see MLS number 11982008 which would add 35 acres on Laraway frontage and 20 acres South of the ComEd easement. This is a great location near I-57, LaGrange Road and access West to I-355.

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9815 W Laraway Road Facts & Features

  • Type Commercial
  • Sq. ft. 2,500
  • Price/Sq.ft. $340
  • Lot 20.09 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 5532

Building Information

  • Year Built: 2003

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Frankfort
  • Township: Frankfort

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $5,532.00
  • Tax Year: 2022

General Information

  • Parcel Number: 1909332000320000
  • Property Sub Type: Garage
  • Property Type: Commercial Sale
  • Zoning: INDUS

Interior

Building Interior

  • Building Area Total: 2500

General Information

  • Cooling: None
  • Electric: Service - 101 to 200 Amps
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 2500
  • Stories: 1

Unit Information

  • Unit SqFt.: 2500

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Acres: 20.09
  • Lot Size Dimensions: 651X1264
  • Lot Size Square Feet: 908226

9815 W Laraway Road Neighborhood

Community

60423 (FRANKFORT) Demographics

43
Median Age
859
Population Density (per sq. mile)
54%
College Educated
$118,856
Estimated Median Income
9,728
Estimated Total Home Owners
750
Estimated Total Renters
93% / 7%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

9815 W Laraway Road Monthly Cost

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Mike Mabry
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

9815 W Laraway Road Market Data

Based on the last 30 days in this zip code

$654,282
Average List Price
$236
Average Price per Square Foot
44
Properties Sold
51
Average Days on Market
114
Properties for Sale
Calculations provided by Reliance Network

9815 W Laraway Road History

Date Event Value Agent
1/15/2025Source: MRED Status Change
Active
1/9/2025Source: MRED Status Change
Re-activated
12/7/2024Source: MRED Status Change
Contingent
7/10/2024Source: MRED Status Change
Active
7/5/2024Source: MRED Status Change
Re-activated
6/1/2024Source: MRED Status Change
Contingent
4/10/2024Source: MRED Status Change
Active
4/5/2024Source: MRED Added to Database
April 05, 2024