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$500,000
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Property Description
Wonderful opportunity to own 4.10 acres of prime land adjacent to the Patriot Center in Frankfort. Location is key, and these 4 plus acres are set right off of Lagrange Road in the booming town of Frankfort. All business owners are welcome.
Full Property Details
Full Property Details for 10850 W Laraway Rd
General
- Price: $500,000
- Taxes: $11,468 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12399531
- Updated: 6/29/2025
- Added to Site: 288 day(s) ago
Location
- Area: Frankfort
- County: Will
- Township: Frankfort
- Driving Directions: south on wolf road to Lagrange. Left (East) on Lagrange Road
School Information
- School District: 157C
- Elem School District: 157C
- Midd School District: 157C
- High School District: 210
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Structural Information
- Square Feet: 4.1
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 4.1
- Lot Size Range: 4.0 to 4.99 Acres
- Lot Dimensions: 4.1 ACRES
- Frontage: City Street
- Frontage Feet: 4.1
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $11,468
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1909294020070000
Listed by Village Realty, Inc.
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Schools
Schools serving 10850 W Laraway Rd
School Districts:Frankfort Community Consolidated School District 157c, Lincoln Way Community High School District 210
| Name | Grades | Distance |
|---|---|---|
Grand Prairie Elementary School, Frankfort, IL 10480 Nebraska Street, Frankfort, IL 60423 | PK-2 | 1 mi |
Chelsea Elementary School 22265 South 80th Avenue, Frankfort, IL 60423 | 3-5 | 3.7 mi |
Hickory Creek Middle School 22150 South Owens Road, Frankfort, IL 60423 | 6-8 | 1 mi |
Lincoln-Way East High School 201 Colorado Avenue, Frankfort, IL 60423 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10850 W Laraway Rd
Date
Details
Price
Change
Source
6/23/2025
Listed
$500,000
-85.71%
MLS
5/23/2023
Sold
$3,500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10850 W Laraway Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$61,071
-6%
$770,808
—
2023
$65,136
—
$770,808
—
2022
$65,416
-2%
$770,808
—
2020
$66,479
—
$770,808
—
2019
$66,208
-1%
$770,808
—
2018
$67,066
-2%
$770,808
—
2017
$68,711
-1%
$770,808
—
2016
$69,622
-2%
$770,808
—
2015
$71,261
—
$770,808
—
2014
$71,046
-13%
$770,808
-15%
2013
$81,658
6%
$910,839
—
2012
$77,361
—
$910,839
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10850 W Laraway Rd
10850 W Laraway Road, Frankfort, IL 60423 (MLS# 12399531) is a Lots/Land property with a lot size of 4.1 acres. 10850 W Laraway Road is currently listed for $500,000 and was received on June 23, 2025. Want to learn more about 10850 W Laraway Road? Do you have questions about finding other Lots/Land real estate for sale in Frankfort? You can browse all Frankfort real estate or contact a Coldwell Banker agent to request more information.

