Listing provided courtesy of Village Realty, Inc.MREDas Distributed by MLSGrid- MLS# 12639090
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Request Info11240 W Laraway RoadFrankfort, IL 60423
Commercial · 4,800 Sq. ft.$3,950,000
Active
11240 W Laraway Road Overview
- Time on Site:
- 55 days
- Visits:
- 0
Exceptional opportunity to lease a 4,800 SF turn-key medical/wellness building completed in 2024. Currently operating as a premier med-spa, this free-standing property features a sophisticated build-out ideal for medical, dental, or aesthetic practices. Property Highlights: Move-In Ready: Modern 1-story layout with specialized zones for clinical and wellness services. Located near the Wolf Rd & Laraway Rd intersection in Frankfort. OM available upon request. High-End Infrastructure: Equipped with 120V/220V power, central air, and a versatile heating system including forced air, gas, and steam. Safety & Standards: Fully sprinklered facility with B2 Commercial zoning. Patient Amenities: Includes luxury locker rooms, showers, and a professional reception area. Parking & Access: Expansive lot with 24 parking spaces and high-visibility frontage on Laraway Rd.
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11240 W Laraway Road Facts & Features
- Type Commercial
- Sq. ft. 4,800
- Price/Sq.ft. $823
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Net
- Net Operating Income: 0
Building Information
- Year Built: 2024
Business Information
- Current Use: Medical/Dental
Location/Region
- County Or Parish: Will
- MLS Area Major: Frankfort
- Township: Frankfort
Rent/Lease Information
- Tenant Pays: Electricity, Heat, Scavenger, Sewer, All Utilities
Tax Information
- Tax Annual Amount: $19,435.00
- Tax Year: 2024
General Information
- Parcel Number: 1909304010630000
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 4800
General Information
- Cooling: Central Air
- Electric: Power - 120V, 220 Volts
- Leasable Area: 4800
- Stories: 1
Unit Information
- Unit SqFt.: 4800
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: County Road
- Lot Size Dimensions: 152x203x54x41x76x259
- Lot Size Square Feet: 35719
General Information
- Number Of Units Total: 1
11240 W Laraway Road Neighborhood
Community
60423 (Frankfort) Demographics
43
Median Age
859
Population Density (per sq. mile)
54%
College Educated
$118,856
Estimated Median Income
9,728
Estimated Total Home Owners
750
Estimated Total Renters
93% / 7%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.11240 W Laraway Road Monthly Cost
11240 W Laraway Road Market Data
Based on the last 30 days in this zip code
$654,282
Average List Price
$236
Average Price per Square Foot
44
Properties Sold
51
Average Days on Market
114
Properties for Sale
11240 W Laraway Road History
| Date | Value | Agent |
|---|---|---|
| 5/10/2026Source: MRED | Active |
|
| 5/5/2026Source: MRED | May 05, 2026 |