Frankfort, IL Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

23 Listings

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$5,500,000
Fairway Lakes Estates | 60-Lot Subdivision
NWC S. 88th Avenue & W. Bruns Road, Frankfort, IL
Property Type
VacantLand
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$775.00 - $895.00/MO
20635 Abbey Woods Court North
20635 Abbey Woods Court North, Frankfort, IL
Space Type
Office
3 spaces

225 - 275 SF
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Price on request
20090-21000 S LaGrange Road
20090-21000 S LaGrange Road, Mokena, Frankfort, IL
Space Type
Retail
1 space

3,100 SF
1 of 2

2 of 2
Price on request
Prairie Crossings Shopping Center
11043 - 11185 W. Lincoln Highway, Frankfort, IL
Space Type
Retail
5 spaces

734 - 35,216 SF
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Flexible rental for
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properties, long-term value
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1 of 1
Price on request
Frankfort Crossing
21164 S La Grange Road, Frankfort, IL
Space Type
Retail
4 spaces

1,200 - 1,600 SF
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$875,000
Vans Dr. & US 45 | ±10 AC Land Zoned I-2 in Will County for Sale
Vans Dr. & US 45, Frankfort, IL
Property Type
VacantLand
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Price on request
10211 W Lincoln Hwy
10211 W Lincoln Hwy, Frankfort, IL
Property Type
Retail
Built in 1999

8,000 SF
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From $389/month

HQ
HQ - Frankfort - Lincoln Highway
7777 West Lincoln Highway 1st Floor, Frankfort, IL
Space Type
Private Offices
Space for 1 to 15 people
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$775.00/MO
Brookside Commons
10171 West Lincoln Hwy, Frankfort, IL
Space Type
Office
1 space

275 SF
Price on request
10043 Lincoln Highway
10043 W Lincoln Hwy, Frankfort, IL
Space Type
Office
2 spaces

6,790 - 8,853 SF
Subject To Offer
East Side of LaGrange Road/820 feet South of Stuenkel Road
East Side of LaGrange Road/820 feet South of Stuenkel Road, Frankfort, IL
Property Type
VacantLand
Price on request
20601 LaGrange Road
20601 LaGrange Road, Frankfort, IL
Space Type
Retail
1 space

12,000 SF
$2,076,400
Warehouse Building
9325 Gulfstream Dr, Frankfort, IL
Property Type
Industrial
Built in 1988

14,320 SF
$725,000
3.93 Acre Industrial Site
300 E Laraway Road, Frankfort, IL
Property Type
VacantLand
$23.00/SF/YR
The Vineyards
20491-20535 LaGrange Road, Frankfort, IL
Space Type
Retail
2 spaces

1,200 - 1,800 SF
Price on request
Frankfort Plaza
63 Bankview Drive, Frankfort, IL
Space Type
Retail
1 space

1,500 SF
Price on request

The Vault
The Vault - 28 West Nebraska Street
28 West Nebraska Street, Frankfort, IL
Space Type
Meeting Rooms
Price on request
Aldi Excess Property
Route 30 & Harlem Avenue, Frankfort Square, Frankfort, IL
Property Type
VacantLand
4 Acre
$2,500,000
9325 Corsair Road
9325 CORSAIR RD, Frankfort, IL
Property Type
Industrial
Built in 1997

22,052 SF
$2,998,050
W Dralle Rd - Commerce Center
W Dralle Rd - Commerce Center, Monee, University Park, IL
Property Type
VacantLand
Call For Info
NEC Laraway & Wolf Rd
NEC Laraway & Wolf Rd, Frankfort, IL
Property Type
VacantLand
$14.00/SF/MO
20550 S. Lagrange Rd
20550 South La Grange Road, Frankfort, IL
Space Type
Office
1 space

3,000 SF
$799,000
300 E. Laraway Road
300 E. Laraway Road, Frankfort, IL
Property Type
VacantLand

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The Frankfort, IL Commercial Real Estate Market at a Glance

The commercial real estate market in Frankfort, IL includes commercial property of all types. To put it in numbers, there are 128,303 square feet of commercial space in 22 commercial properties across the city. If you are not familiar with commercial real estate in Frankfort, IL, below are a few essential aspects to consider in order to better understand the local market.

Commercial Space for Rent Opportunities in Frankfort, IL

You can search 26 commercial real estate space listing(s) currently available for rent in Frankfort, IL, which represents a total of 128,303 square feet. Leasing opportunities here include 11 office listing(s), and more. Use the search filters at the top of the page and the interactive map to see location-specific advantages when looking for your next commercial space for lease in Frankfort, IL. You can conveniently reach out for more in-depth information using the contact form available on each listing.

Frankfort, IL Commercial Real Estate Listings for Rent

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 6 258,262 N/A

Retail 7 199,268 N/A

Industrial 2 36,372 N/A

Looking to lease a particular type of commercial property? Visit our dedicated pages for office space for rent, retail spaces for lease, or warehouses for rent to view current listings and access more in-depth market stats.

What to Consider When Renting Commercial Real Estate in Frankfort, IL

If you are somewhat new to this process, a good place to start would be our quick guide to the differences between commercial property types, and some essential terms to know. Once you get the general idea of what a certain kind of space can offer you, it is essential to clarify what to prioritize among your business needs relating to the workspace you need to occupy and the location where you need it to be.

Not all decision factors can be clear-cut search filters and property categories, so the next step after doing a listing search for the type of property you need should be to reach out to the real estate brokers, as they are best positioned to fill in the blanks and help you secure the best commercial space lease for your needs.

Commercial Real Estate for Sale in Frankfort, IL

Those who are better served by owning instead of renting commercial property can also find options for sale here. Investment opportunities currently listed on the local market add up to a total of 10 commercial property for sale listing(s).

If your investment strategy is focused on warehousing, logistics, or similar property types, you’ll find 2 industrial real estate for sale listing(s) currently marketed in Frankfort.

Interested in retail property investment? The local market currently offers 1 retail space for sale listing(s), complete with essential listing details, property data, and broker contact information.

Frankfort, IL Commercial Real Estate Listings for Sale

Property type No. of Listings Total Sq. Ft.

Retail 1 199,268

Industrial 2 36,372

Other 7 174,240

Shopping for a certain type of commercial property? Visit our dedicated pages for office property for sale, retail space for sale, or industrial real estate for sale to see what local investment opportunities are currently listed.

Buying Commercial Property in Frankfort, IL

When acquiring commercial property, you are likely to take into consideration some of the same factors that go into choosing a space to rent: location, size, configuration, the condition of the property, and costs. However, some aspects might be more relevant to consider when looking to buy property, such as: the zoning and what property improvements or transformations it allows; how flexible the property is in terms of repositioning or adaptive reuse improvements (some configurations lend themselves to transformation more easily than others); and what equity potential the investment might have.

Additionally, it is highly recommended that you enlist the expertise of professionals who are knowledgeable not only in the complexities of property acquisitions, but also in the untapped investment potential in their local markets.

Where You Are Most Likely to Find Commercial Space in Frankfort, IL

The best areas of the market may vary depending on the type of commercial real estate you are interested in, either for rent or for sale. For instance, while office properties and retail space are often located relatively close to each other, some industrial real estate tends to be zoned separately.

Find Commercial Real Estate Near Me

Whether you are looking to rent or to buy, you can easily find the right commercial space in your preferred location, with PropertyShark. Our interactive map navigation modes include the possibility to bring up listings in the area of your current map view, as well as the option to draw a polygon to determine an exact search area, and a radius tool with which you can search for listings around a particular point of interest. Reach out to property representatives to schedule a tour or request more information, using the quick contact tool available with each listing search result.