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$849,900
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Property Description
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
Full Property Details
Full Property Details for 9815 Laraway Rd
General
- Price: $849,900
- Taxes: $5,532 (2022)
- Status: Active
- Type: Farm
- Source: MRED
- MLS ID: 12102577
- Updated: 1/14/2026
- Added to Site: 564 day(s) ago
Location
- Area: Frankfort
- County: Will
- Township: Frankfort
- Driving Directions: Laraway and Center Road, West 1/2 mile to just west of the Com Ed wires, on the south side of the street.
School Information
- School District: 157C
- Elem School District: 157C
- Midd School District: 157C
- High School District: 157C
Utilities
- Sewer: Septic Tank
- Water: Well
- Onsite: Electricity to Site
Structural Information
- Square Feet: 21
- Current Bldg. Use: Agricultural
Additional Structures
- Other Structures: Bldg/s No House
Lot Features
- Lot Size (Acres): 21
- Lot Size Range: 10.0 to 24.99 Acres
- Lot Dimensions: 651 x 1264
- Frontage: Frontage Road
- Frontage Feet: 651
- Street/Road Desc.: Asphalt
- Land Use: Yes
- Potential Use: Commercial, Industrial
- Zoning: AGRIC
Farm Information
- Farm: Yes
Financial Considerations
- Tax Amount: $5,532
- Tax Year: 2022
- Pays Sewer: Septic Tank
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1909332000320000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 9815 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 | 1.4 mi |
Chelsea Elementary School 22265 South 80th Avenue, Frankfort, IL 60423 | 3-5 | 2.4 mi |
Hickory Creek Middle School 22150 South Owens Road, Frankfort, IL 60423 | 6-8 | 2.4 mi |
Lincoln-Way East High School 201 Colorado Avenue, Frankfort, IL 60423 | 9-12 | 2 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 9815 Laraway Rd
Date
Details
Price
Change
Source
7/05/2024
Listed
$849,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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This property is listed by Chuck Groebe from our Gold Coast Office.Want to learn more about 9815 Laraway Road? Do you have questions about finding other Farm real estate for sale in Frankfort? You can browse all Frankfort real estate or contact a Coldwell Banker agent to request more information.


