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Active
    • Price cut: $471.5K (3/17)
    $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
    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.
    139 days
    |
    55
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 21, 2026 at 12:01am

    Listing courtesy of:

    Rosemary Gillece 708-363-9346,

    Network Property Managment LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12522327MLS Logo

      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

        Not available

        Price history

        Price history
        DateEventPrice
        3/17/2026Price change$550,000-46.2%
        Source: MRED as distributed by MLS GRID #12594898 Report a problem
        11/21/2025Listed for sale$1,021,482+220.2%
        Source: MRED as distributed by MLS GRID #12522327 Report a problem
        11/12/2025Contingent$319,000-46.4%
        Source: MRED as distributed by MLS GRID #12214380 Report a problem
        10/31/2025Price change$595,000+86.5%
        Source: MRED as distributed by MLS GRID #11877470 Report a problem
        11/20/2024Price change$319,000-46.4%
        Source: MRED as distributed by MLS GRID #12214380 Report a problem
        9/19/2024Price change$595,000+86.5%
        Source: MRED as distributed by MLS GRID #11877470 Report a problem
        10/15/2023Price change$319,000-46.4%
        Source: MRED as distributed by MLS GRID #11909148 Report a problem
        9/5/2023Price change$595,000+20.2%
        Source: MRED as distributed by MLS GRID #11877470 Report a problem
        12/16/2022Price change$495,000+55.2%
        Source: Realty Executives Broker of Record #11198187 Report a problem
        12/14/2022Price change$319,000-35.6%
        Source: MRED as distributed by MLS GRID #11687961 Report a problem
        5/2/2022Price change$495,000-28.3%
        Source: Realty Executives Broker of Record #11198187 Report a problem
        12/9/2021Price change$690,000+116.3%
        Source: MRED as distributed by MLS GRID #11284036 Report a problem
        10/13/2021Price change$319,000-35.6%
        Source: MRED as distributed by MLS GRID #10916543 Report a problem
        8/23/2021Price change$495,000+25.3%
        Source: MRED as distributed by MLS GRID #11198187 Report a problem
        6/29/2021Listed for sale$395,000
        Source: MRED as distributed by MLS GRID #10606696 Report a problem
        2/18/2021Pending sale$395,000
        Source: MRED as distributed by MLS GRID #10606696 Report a problem
        1/5/2021Price change$395,000-26%
        Source: MRED as distributed by MLS GRID #10606696 Report a problem
        8/22/2020Listed for sale$534,000
        Source: Oak Leaf Realty #10399683 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment
        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

        Getting around

        4 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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