Active
914,760 Lot Size21 Acres
9815 W Laraway Rd, Frankfort, IL 60423
Est: $5,107/moGet pre-approved
LandProperty Type
21 acresLot Size

Description

21 acres of prime Frankfort farmland with excellent potential. 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, with significant upside for future development. ComEd easement...21 acres of prime Frankfort farmland with excellent potential. 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, with significant upside for future development. ComEd easement separates the back 11.25 acres; the property remains accessible. This prime location provides easy access to I-57, LaGrange Road, and I-355, making it a strategic investment opportunity

Listing Agent

  1. Charles Groebe

    Charles Groebe

    Listing Agent

    Coldwell Banker Realty

    P: (708) 205-8703

808 days on Market
Last updated: 09/01/2026 11:48 AM • Source: MRED as distributed by MLS GRID, MLS#: 12102577

Location

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$5,107 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,646

Property Taxes

$461

HOA Dues

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Property Information for 9815 West Laraway Road

Property Details
  • Taxes: $5,532 / year
  • MLS Type: Land
  • County: Will County
  • Area: Frankfort
  • Township: Frankfort
  • Ownership: Fee Simple
  • Num Of Parking Spaces: 0.0
  • Zoning: AGRIC
Building Information
  • Lot Size: 21.00 AC
General Information
School Information
  • Elementary School District: 157C
  • High School District: 157C
  • Middle Or Junior School District: 157C
Location and General Information
  • Frontage Length: 651
  • Frontage Type: Frontage Road
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: Yes
Utilities / Equipment
  • Sewer: Septic Tank
  • Water: Well
  • Utilities: Electric to Site
Property/Lot Information
  • Lot Size: 10.0-24.99 Acres
  • Lot Dimensions: 651X1264
  • Buildings on Land: Yes
  • Other Structures: Bldg/s No House
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Possible Use: Commercial, Industrial
  • Public Document Count: 2
  • Document Date: 2025-04-10T14:16:56
  • Photos Count: 14
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Agricultural
  • Farms Type: Grain,Hobby,Mixed,Nursery,Other
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 9815 West Laraway Road

DateEvent & SourcePriceAppreciation
Aug 19, 2026

Price Change

MRED #12102577

$899,000
Aug 19, 2026

Listed (Active)

MRED #12102577

$849,900
Feb 24, 2026

Contingent

MRED #12102577

DateEvent & SourcePrice
08/19/2026

Price Change

MRED #12102577

$899,000
08/19/2026

Listed (Active)

MRED #12102577

$849,900
02/24/2026

Contingent

MRED #12102577

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 9815 West Laraway Road

Taxable ValueLand$23,022Additions$69,034Total$92,056
Tax Record2025$6,665 ($555 / month)
Home Facts
Total Finished SqFt2,560 SqFtAbove Grade Finished SqFt2,560 SqFtStories1Lot Size874,685 SqFtStyleMiscellaneous AgriculturalYear Built2003Year Renovated2003CountyWILLAPN19-09-33-200-032

Schools near 9815 West Laraway Road

This home is within Frankfort Central Consolidated School District 157c.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Grand Prairie Elementary School
PublicPK to 2

Chelsea Elementary School
Public3 to 5

Hickory Creek Middle School
Public6 to 8

Lincoln-Way East High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Acres

9815 West Laraway Road is a 21 ac of land for sale in Frankfort, IL 60423. This property was listed for sale on July 5, 2024 by Coldwell Banker Realty, it's currently listed at $899,000. This listing's school districts are Frankfort Central Consolidated School District 157c, Lincoln Way Chsd 210 School District. Nearby schools include Grand Prairie Elementary School, Chelsea Elementary School and Hickory Creek Middle School. 9815 West Laraway Road is a 0-bed, 0-bath 21 ac of land on a 914,760 sq. ft. / 21 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/01/2026 11:48 AM. 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.