Position your business at one of Frankfort's most strategic crossroads., 19.08 acres plus an additional 9.18 acres of Com-Ed easement. This expansive vacant lot offers unparalleled visibility and accessibility at the signaled intersection of Laraway and Center. Surrounded by thriving residential communities and positioned along a major east-west corridor. This property is perfectly suited for retail, professional offices, or medical facilities. Frankfort is consistently ranked as one of the best places to live in Illinois. This site benefits from the area's high median household income and growing population of young professionals and families. Don't miss the chance to anchor your project in this prestigious south suburban community.
Pending
Price cut: $471.5K (5/22)
$1,021,482
0 W Laraway Rd, Frankfort, IL 60423
--beds
--baths
5.74Acres
Unimproved Land, Farm
Built in ----
5.74 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Expansive vacant lot
- 215 days |
- 9 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Rosemary Gillece 708-363-9346,
Network Property Managment LLC
Source: MRED as distributed by MLS GRID,MLS#: 12522327
Facts & features
Property
Features
- Frontage length: 500
Lot
- Size: 5.74 Acres
- Dimensions: 500X500
Details
- Parcel number: 1909284000230000
- Special conditions: None
Utilities & green energy
- Utilities for property: None
Community & HOA
Location
- Region: Frankfort
Financial & listing details
- Annual tax amount: $530
- Date on market: 11/21/2025
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$2,076/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Contingent | $550,000-46.2% |
Source:  MRED as distributed by MLS GRID #12594898 Report a problem | ||
| 5/14/2026 | Pending sale | $1,021,482+85.7% |
Source: MRED as distributed by MLS GRID #12522327 Report a problem | ||
| 5/14/2026 | Contingent | $550,000 |
Source: MRED as distributed by MLS GRID #12594898 Report a problem | ||
| 3/17/2026 | Price change | $550,000-46.2% |
Source: MRED as distributed by MLS GRID #12594898 Report a problem | ||
| 11/21/2025 | Listed for sale | $1,021,482+220.2% |
Source: MRED as distributed by MLS GRID #12522327 Report a problem | ||
| 11/12/2025 | Contingent | $319,000-46.4% |
Source: MRED as distributed by MLS GRID #12214380 Report a problem | ||
| 10/31/2025 | Price change | $595,000+86.5% |
Source: MRED as distributed by MLS GRID #11877470 Report a problem | ||
| 11/20/2024 | Price change | $319,000-46.4% |
Source: MRED as distributed by MLS GRID #12214380 Report a problem | ||
| 9/19/2024 | Price change | $595,000+86.5% |
Source: MRED as distributed by MLS GRID #11877470 Report a problem | ||
| 10/15/2023 | Price change | $319,000-46.4% |
Source: MRED as distributed by MLS GRID #11909148 Report a problem | ||
| 9/5/2023 | Price change | $595,000+20.2% |
Source: MRED as distributed by MLS GRID #11877470 Report a problem | ||
| 12/16/2022 | Price change | $495,000+55.2% |
Source: Realty Executives Broker of Record #11198187 Report a problem | ||
| 12/14/2022 | Price change | $319,000-35.6% |
Source: MRED as distributed by MLS GRID #11687961 Report a problem | ||
| 5/2/2022 | Price change | $495,000-28.3% |
Source: Realty Executives Broker of Record #11198187 Report a problem | ||
| 12/9/2021 | Price change | $690,000+116.3% |
Source: MRED as distributed by MLS GRID #11284036 Report a problem | ||
| 10/13/2021 | Price change | $319,000-35.6% |
Source: MRED as distributed by MLS GRID #10916543 Report a problem | ||
| 8/23/2021 | Price change | $495,000+25.3% |
Source: MRED as distributed by MLS GRID #11198187 Report a problem | ||
| 6/29/2021 | Listed for sale | $395,000 |
Source: MRED as distributed by MLS GRID #10606696 Report a problem | ||
| 2/18/2021 | Pending sale | $395,000 |
Source: MRED as distributed by MLS GRID #10606696 Report a problem | ||
| 1/5/2021 | Price change | $395,000-26% |
Source: MRED as distributed by MLS GRID #10606696 Report a problem | ||
| 8/22/2020 | Listed for sale | $534,000 |
Source: Oak Leaf Realty #10399683 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 60423
Nearby schools
GreatSchools rating
- 9/10Chelsea Elementary SchoolGrades: 3-5Distance: 0.6 mi
- 10/10Hickory Creek Middle SchoolGrades: 6-8Distance: 5.3 mi
- 8/10Lincoln-Way East High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- District: 157C
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Will County
- Frankfort
- 60423
- 0 W Laraway Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Frankfort Topics
