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$50,000 Just Listed
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Property Description
Build your dream home on this prime 0.78 acre residential lot in the heart of Frankfort. Offering approximately 33,977 square feet of opportunity, this vacant parcel provides the space and flexibility to design a custom home. Located along Lincoln Highway, this property offers convenient access to shopping, dining, Lincoln Way schools, and major roadways while still providing the privacy and space buyers are looking for. Nearby utilities make this an ideal site for your future build. Whether you are a homeowner ready to create your forever home or a builder looking for your next project, this opportunity delivers location and potential. Enjoy everything Frankfort has to offer including downtown Frankfort with its charming boutiques, restaurants, and seasonal events. Spend weekends exploring the trails at Old Plank Road Trail or attending the popular Frankfort Fall Festival. Convenient access to Interstate 80 and Interstate 57 makes commuting simple. Land in this location rarely becomes available. Secure your slice of Frankfort and start planning today!
Full Property Details
Full Property Details for Lot 230 W Lincoln Hwy
General
- Price: $50,000
- Taxes: $2,826 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12579173
- Updated: 3/3/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: None
Additional Information
- Other Features: Interstate Access
Location
- Area: Frankfort
- County: Will
- Township: Frankfort
- Driving Directions: On SW corner of Lincoln Hwy and S River Rd.
School Information
- School District: 161
- Elem School District: 161
- Midd School District: 161
- High School District: 210
- Elementary School: Dr Julian Rogus School
- Middle School: Summit Hill Junior High School
- High School: Lincoln-Way East High School
- Private School: Lincoln-Way East High School
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Structural Information
- Basement Desc.: None
- Square Feet: 0.78
- Current Bldg. Use: Single Family
Lot Features
- Lot Size (Acres): 0.78
- Lot Size (Sq. Ft.): 33,977
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 33977
- Frontage: City Street
- Frontage Feet: 90
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $2,826
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1909234000050000
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Price & Sales History for Lot 230 W Lincoln Hwy
Date
Details
Price
Change
Source
3/02/2026
Listed
$50,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Lot 230 W Lincoln Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$924
-8%
$10,577
—
2023
$1,006
1%
$10,577
—
2022
$1,000
-2%
$10,577
—
2020
$1,022
—
$10,577
—
2019
$1,017
1%
$10,577
—
2018
$1,011
—
$10,577
—
2017
$1,015
-1%
$10,577
—
2016
$1,021
-2%
$10,577
—
2015
$1,037
1%
$10,577
—
2014
$1,030
4%
$10,577
—
2013
$988
6%
$10,577
—
2012
$928
—
$10,577
—
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 Lot 230 W Lincoln Hwy
Lot 230 W Lincoln Highway, Frankfort, IL 60423 (MLS# 12579173) is a Lots/Land property with a lot size of 0.78 acres. Lot 230 W Lincoln Highway is currently listed for $50,000 and was received on March 02, 2026. Want to learn more about Lot 230 W Lincoln Highway? 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.

