9815 W Laraway Rd Frankfort, IL 60423
Estimated payment $4,989/month
Highlights
- 21 Acre Lot
- Chelsea Intermediate School Rated A
- Farm
About This Lot
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
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,532
Lot Details
- 21 Acre Lot
- Lot Dimensions are 651x1264
- Property is zoned AGRIC
Farming
- Farm
Utilities
- Well
- Septic Tank
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,380 | $85,956 | $21,196 | $64,760 |
| 2023 | $6,380 | $76,692 | $18,855 | $57,837 |
| 2022 | $6,073 | $69,661 | $16,981 | $52,680 |
| 2021 | $5,201 | $64,849 | $15,565 | $49,284 |
| 2020 | $5,041 | $62,550 | $14,655 | $47,895 |
| 2019 | $4,849 | $60,438 | $13,825 | $46,613 |
| 2018 | $4,743 | $58,303 | $13,030 | $45,273 |
| 2017 | $4,722 | $56,559 | $12,343 | $44,216 |
| 2016 | $4,597 | $54,297 | $11,597 | $42,700 |
| 2015 | $4,452 | $52,086 | $10,890 | $41,196 |
| 2014 | $4,452 | $51,474 | $10,564 | $40,910 |
| 2013 | $4,452 | $51,989 | $10,549 | $41,440 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/05/2024 07/05/24 | For Sale | $849,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | $365,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $57,696 | Unknown | |
| Previous Owner | $645,000 | Purchase Money Mortgage | |
| Previous Owner | $645,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12102577
APN: 19-09-33-200-032
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
- 138 Pacific St
- 267 Center Rd
- 21709 Cappel Ln
- 10214 Frankfort Main
- 10238 Frankfort Main
- 832 Ironwood Lot 3 Dr
- Vacant W Lincoln Hwy
- 236 Sherlock St
- Lot 3 Town Center Dr
- 0000 W Laraway Rd
- 10785 Ashford Ave
- 9417 W Steger Rd
- 9748 Folkers Dr
- 14 Old Frankfort Way
- 21938 Princeton Cir
- 9742 Folkers Dr
- 9736 Folkers Dr
- 9724 Folkers Dr
- 10721 W Gateway Dr
- 9772 Folkers Dr
- 516 Lincoln Ln Unit 1N
- 611 Cottonwood Rd
- 21341 Windy Hill Dr Unit 1
- 9266 Maura Ct
- 21391 Longview Dr
- 23852 S Scheer Rd
- 11028 Front St Unit 4
- 7757 W Briar Ct
- 20132 S Kingston Ct
- 7724 W Douglas Ct Unit 1-3
- 11620 Blackhawk Ct Unit 2A
- 7810 Brookside Glen Dr
- 8022 Bradley Dr
- 718 Lake Rd Unit 1
- 6213 Beaver Dam Rd Unit ID1285022P
- 623 Quail Run Rd Unit ID1285027P
- 3 Apollo Ct
- 19 Apollo Ct
- 17964 Upland Dr
- 17739 Peacock Ln