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$849,900
Est. payment /mo
21 Acres Lot
UPDATED:
08/28/2024 08:02 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12102577
Annual Tax Amount $5,532
Tax Year 2022
Lot Size 21.000 Acres
Lot Dimensions 651X1264
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
Location
State IL
County Will
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Septic-Private, Well Private
Waterfront false
View Y/N true
Schools
School District 157C, 157C, 157C
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Charles Groebe • Coldwell Banker Realty