20535 S. Lagrange Rd., Frankfort, IL, 60423 - Available for Sale

Retail For Sale

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Vineyard's Of Frankfort

20535 S. Lagrange Rd., Frankfort, IL 60423


28,433 SF | Retail

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Vineyards of Frankfort - 8.95% cap

Retail Property For Sale - In Contract

Gross Leasable Area:
28,433 SF
Property Type:
Property Sub-type:
Strip Center
Additional Sub-types:
Street Retail
Property Use Type:
Commission Split:
Cap Rate:
No. Stories:
Year Built:
Listing ID
Last Updated
25 days ago

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  • 93% Occupancy
  • Stable Tenant Base
  • 2014 Projected NOI - $331,100 (in place)
  • 8.95% Cap Rate on in-place income


Matrix Realty Group is proud to offer The vineyards. Heavy traffic on LaGrange Ave. Dunkin Donuts on outlot provides excellent exposure (not included in sale)! First Merit Bank and Abri Credit Union are among some of the great tenants(pizza, salon, bar/restaurant, dance studio, liquor store, etc.! Stabilized property! Many long term tenants in place since original construction! Just reduced.

- 93% Occupancy
- Dunkin Donuts on out lot provides great traffic
- First Merit Bank and Abri Credit Union as anchors
- Property is in excellent condition
- Low Will County taxes ($2.66/sf)
- CAM at only $2.16/sf
- Room to increase net rents
- 8.95% Cap rate on

- Four way access onto La Grange Rd.
- Exit back onto LaGrange south at lighted intersection
- Heavy traffic on La Grange Rd.
- Major Retailers in area include: Mariano's (New development), Jewel, Dominicks, Home Depot, Auto Zone, Steak n Shake, Walt' s, Buffalo Wild Wings, Walgreens
- Dunkin Donuts on outlot not included

Financial Summary

  • Actual
  • 2014
  • $468,975
  • $137,860
  • $331,115

Map of 20535 S. Lagrange Rd., Frankfort, IL 60423 (Will County)

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Joshua Budny

Specializing in office, retail, industrial, apartments and land sales. Also tenant representation - helping tenants lease commercial space.

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Vineyard's Of Frankfort
  • Retail
  • $3,699,000
  • 28,433 SF