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- LoopNet Team
10850 W Laraway Rd
Frankfort, IL 60423
Heritage Plaza, Frankfort Illinois · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- 47,000+/- sq. ft. space currently being utilized as a sports arena and just over 11,000 sq. ft. is being utilized for store front rentals.
- There are also just over 200 lighted parking spaces within the asphalt paved lot, plenty of additional area for expansion of the current building or t
- Ceiling height of arena is 33 ft. tall
PROPERTY FACTS
- Retail
- Sports & Entertainment Baseball Field
- Sports & Entertainment Golf Course Driving Range
- Sports & Entertainment SkatingRink
AMENITIES
- Food Court
- Air Conditioning
ABOUT 10850 W LARAWAY RD , FRANKFORT, IL 60423
Why build when you can own this amazing commercial site! An indoor Sports Complex with Mixed Use Retail spaces located in Prime Development area of Frankfort Illinois. Currently, this site includes a 60,000 sq. ft building setting upon 14.6 Acres. All Zoned B2. A great investment opportunity to any savvy business entrepreneur. The Building features 47,000+/- sq. ft. space currently being utilized as a sports arena and just over 11,000 sq. ft. is being utilized for store front rentals. Ceiling height of arena is 33 ft. tall. There are also just over 200 lighted parking spaces within the asphalt paved lot, plenty of additional area for expansion of the current building or to refurbish into an end users ultimate location for their business to thrive. Great location for clean warehousing distribution, schools, medical facility, fitness center, indoor venues of any type, and so much more. Located on Laraway Avenue and Highway 45. Village of Frankfort municipality and services located just 37 miles of Southwest of Chicago, Illinois, just three miles south of I-80, and 6 miles West of I-57. O-hare and Midway airport are a close commute from this location. This building was built in 1994 and has unlimited possibilities for continuing as a entertaining or recreational location due to the proximity of the large growing population. Nearby public transportation includes the commuter rail, located in Mokena and/or New Lenox. Certainly a great area to put your upcoming business or to construct a new one. Plenty of land. Please do not disturb the tenants. See village of Frankfort for all permits.
PROPERTY TAXES
| Parcel Number | 19-09-29-300-011 | Improvements Assessment | $561,960 |
| Land Assessment | $208,848 | Total Assessment | $770,808 |
PROPERTY TAXES
Listing ID: 26271096
Date on Market: 7/27/2022
Last Updated:
Address: 10850 W Laraway Rd, Frankfort, IL 60423
The Retail Property at 10850 W Laraway Rd, Frankfort, IL 60423 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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