5 Ac Frankfort Square Commercial Development Site
|Address:||SW Corner of S. Harlem Ave & St. Francis Rd Frankfort IL 60423|
|Gross Land Area:||5 total acres|
|Property Type:||Commercial Vacant Land|
|Possible Uses:||Commercial or Residential Development|
|Unit Price:||$3.50/SF for 5 acre commercial corner|
|Utilities:||Utilities are near the site and provided by the Village of Frankfort|
|Zoning:||Currently zoned Agriculture with potential for Residential & Commercial Development|
For more information contact:
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.
** For Sale **
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Property Overview5 acre commercial parcel at the signalized corner of S. Harlem Avenue and St. Francis Rd in Frankfort, IL. The site has several potential uses. Owners split off this five acre commercial corner with the balance (29 acres) as potential residential use. Utilities are available from the Village of Frankfort. Will County has the zoning authority for this parcel. Very good traffic counts (with 2019 counts at 16,200 cars per day on Harlem plus 6200 cars per day on St. Francis Rd.) and excellent exposure for any type of development. 2.1 miles south I-80.
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|Listing Name:||5 Ac Frankfort Square Commercial Development Site|
|Tax ID Number/APN:||19-09-13-400-015|
|Possible Uses:||Currently zoned Agriculture. The parcel is at a very busy signalized intersection. This 5 acre parcel is ideal for commercial development.|
|Zoning:||Currently zoned A-1 Agriculture by Will County.|
Area & Location
|School District:||Summit Hill School District 161
Lincoln-Way Community High School District 210
|Location Description:||Southwest corner of S. Harlem Avenue and St. Francis Road. Will County side of Harlem (County line between Cook & Will) Near Tinley Park, Frankfort, and Orland Park.|
|Site Description:||Level farmland at signalized corner.|
|Side of Street:||Southwest corner of S. Harlem and St. Francis Rd.|
|Highway Access:||2.5 miles east to I-57
2.1 miles north to I-80
|Property Visibility:||Excellent exposure to large traffic counts. According to the 2017 Illinois Department of Transportation figures:
S. Harlem Ave 16,200 VPD
St Francis Rd. 6250 VPD
|Largest Nearby Street:||Two expressways are within 2.5 miles of this site. S. Harlem Ave frontage.|
|Transportation:||4 miles north to the 80th Avenue Metra Station in Tinley Park. Midway airport is 28 miles north via I-57.|
|Lot Frontage (Feet):||454 feet of frontage on S. Harlem Avenue.
491 feet of frontage on St. Francis Rd.
|Buildings:||No Buildings on this parcel.|
|Zoning Description:||Currently zoned A-1 Agriculture. Zoning change is required by the County of Will.|
|Topography:||Level land, topographical map is included with this marketing material.|
|Available Utilities:||Utilities are available from the village of Frankfort.|
|Finance Data Year:||2018 taxes paid in 2019|
|Real Estate Taxes:||The total tax bill for the 33.89 acres is $459.22|
|Investment Amount:||5 Acre Commercial corner $3.50/SF for an investment of $762,300.00
An additional 29 acres are available for $1.50/SF for an investment of $1,894,860.00
Total investment for 33.89 acres $2,650,067.00
|Address:||S. Harlem Ave
Frankfort, IL 60423
|County:||Will County Illinois|
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