29 Acre Frankfort Square Development Site
|Address:||SW Corner of S. Harlem Ave & St. Francis Rd Frankfort IL 60423|
|Gross Land Area:||29 Total Acres|
|Property Type:||Commercial Vacant Land|
|Possible Uses:||Commercial or Residential Development|
|Unit Price:||$1.50 per Square Foot|
|Productivity Index (PI):||104.0|
|Buildings:||No Buildings on this Parcel|
|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 Overview29 acres at the signalized corner of S. Harlem Avenue and St. Francis Rd in Frankfort, IL. The site has several potential uses. There are at total of 34 acres this intersecton. Owners will split the parcel as a five or ten acre commercial corner with the balance as potential residential or multi-family 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:||29 Acre Frankfort Square Development Site|
|Tax ID Number/APN:||19-09-13-400-015-0000|
|Possible Uses:||Currently zoned Agriculture. The parcel is at a very busy signalized intersection. 5 acres have been split off the original 34 acres for commercial development which leaves 29 acres for residential development at this location.|
|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.|
|Lot Frontage (Feet):||1448 feet of frontage on S. Harlem Avenue.
877 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:||This 29 acre parcel is available for $1.50/SF for an investment of $1,894,860.00
An additional 5 Acre Commercial corner is available for$3.50/SF for an investment of $762,300.00
Total investment for all 33.89 acres $2,650,067.00
|Address:||S. Harlem Ave
Frankfort, IL 60423
|County:||Will County Illinois|
MARK GOODWIN PROFESSIONAL BIOGRAPHY
It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Kendall County, Grundy County, Kane County, LaSalle County, Kankakee County, Livingston County, Ford County,Bureau, Henry County, Kane County, Dekalb County, Lake County, Iroquois County, Vermilion County, Kankakee County, and Cook County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?
Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.