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$2,600,000
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Property Description
Discover a PRIME opportunity to own a versatile commercial property featuring both office and warehouse space, ideally located just minutes from downtown Frankfort. Zoned I-1 (Limited Industrial), this expansive property spans approximately 5 acres and offers a total of 15,396 SF. The 5-acre parcel offers significant room for future expansion - allowing businesses to scale operations, increase production or add new facilities without needing to relocate. Upon entering the property, you'll be welcomed by a prominent marquee for signage and a gated entrance, ensuring both visibility and secure, convenient access. The office building boasts a thoughtfully designed layout, ideal for a variety of businesses. It includes around 6,000 SF of functional office space, featuring a welcoming reception & waiting area, over 10 private offices, a breakroom, an IT room, ample storage, 1 large conference room, and two spacious rooms suitable for cubicles or additional storage. Additionally, there is also a clean, unfinished basement that provides extra storage space and houses the building's mechanical systems. The warehouse, encompassing approximately 9,000 SF, is well-equipped with 6 ceiling heaters and six drive-in doors (14'x14', 2 - 14'x16',16'x14',14'x12',12'x12') a break area, private restroom, and 220 V electricity (1,200 Amps) making it adaptable for a range of industrial and commercial uses. This property is a rare find, offering both functionality and an excellent location!
Full Property Details
Full Property Details for 21730 S La Grange Rd
General
- Sold For: $2,600,000
- Taxes: $23,520 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12122477
- Added to Site: 544 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored, Fire Extinguisher(s), Smoke or Fire Protectors
Location
- Area: Frankfort
- County: Will
- Driving Directions: Route 45 South to property on west side
- Location Details: Southwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units, Central Building Heat
Structural Information
- Drive-In Doors: 5
- Stories/Levels: 1
- Square Feet: 15,396
- Current Bldg. Use: Commercial, Industrial
- Year Built: 1963
- Built Before 1978: Yes
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 217,800
- Lot Dimensions: 379 x 806 x 292 x 553
- Frontage: Public Road
- Potential Use: Commercial
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $23,520
- Security Deposit: Alarm Monitored, Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1963
- Tax Amount: $23,520
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 1909281010040000
Listed and Sold by Olivieri Real Estate LLC
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Schools
Schools serving 21730 S La Grange 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 | 0.4 mi |
Chelsea Elementary School 22265 South 80th Avenue, Frankfort, IL 60423 | 3-5 | 3.1 mi |
Hickory Creek Middle School 22150 South Owens Road, Frankfort, IL 60423 | 6-8 | 1.8 mi |
Lincoln-Way East High School 201 Colorado Avenue, Frankfort, IL 60423 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21730 S La Grange Rd
Date
Details
Price
Change
Source
3/29/2025
Sold
$2,600,000
-18.75%
MLS
7/26/2024
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
21730 S La Grange Road, Frankfort, IL 60423 (MLS# 12122477) is a Commercial property that was sold at $2,600,000 on March 29, 2025. Want to learn more about 21730 S La Grange Road? Do you have questions about finding other Commercial real estate for sale in Frankfort? You can browse all Frankfort real estate or contact a Coldwell Banker agent to request more information.

