34 AC Frankfort Square Development Site

Status:Active
County:Will
Township:Frankfort
Address:SW Corner of S Harlem Ave & St Francis Rd Frankfort IL 60423
Gross Land Area:33.89
 Hectare Conversion
Property Type:Vacant Farmland
Possible Uses:Commercial Development
Total Investment:$2,351,250.00
 Monetary Conversion
Unit Price:$55,000/AC for 29 Acre Parcel & $3.50/SF for 5 Acre Corner Parcel
Productivity Index (PI):105.9
Buildings:No Buildings
Zoning:A-1, Agriculture


For more information contact:

Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com

Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.

 

** For Sale **

34 AC Frankfort Square Development Site
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Property Overview

34 acres at the signalized corner of S. Harlem Avenue and St. Francis Rd in Frankfort, IL. The site has several potential uses. 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 Details

 

General Information

Listing Name: 34 AC 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.
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
Market Type: Suburban
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
Road Type: Asphalt/Blacktop
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.
 

Land Related

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.
Flood Plain or Wetlands: Yes, the site does have a wetland area.
Topography: Level land, topographical map is included with this marketing material.
Available Utilities: Utilities are available from the village of Frankfort.
 

Financials

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: 29 Acres Parcel: $1,595,000 or $55,000 per acre
5 Acre Corner Parcel: $762,300 or $3.50 per square foot

Total 34 Acre Investment Amount: $2,351,250.00
 

Location

Address: S. Harlem Avenue, Frankfort, IL 60423
County: Will County



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.

Mark Goodwin Illinois Land Broker
For more information about property for sale in Frankfort, Illinois (Frankfort Township, Will County) contact:

Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com

Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.