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11240 W Laraway Rd 4,800 SF 4-Star Retail Building Frankfort, IL 60423 $3,950,000 ($822.92/SF)
Investment Highlights
- Completed in 2024, offering a newly constructed turnkey medical facility.
- Located near Wolf Rd and Laraway Rd with signage visibility on a high-traffic corridor.
- Fully sprinklered with B2 Commercial zoning for medical and wellness operations.
- Premium build-out includes clinical suites, locker rooms, and reception space.
- Equipped with 120V/220V power, central air, and multiple heating options.
- On-site lot provides 24 parking spaces for patient and staff convenience.
Executive Summary
This recently constructed 4,800 square foot medical and wellness facility offers buyers a modern healthcare environment with ready-to-use infrastructure. Delivered in 2024 and situated on a 0.82-acre parcel, this free-standing property is designed for maximum operational efficiency and adaptable practice use. Its high-end construction includes a fully sprinklered interior, B2 Commercial zoning, 120V/220V power connectivity, and a robust HVAC and heating system for year-round comfort.
Healthcare operators will appreciate the turnkey build-out featuring specialized clinical zones, luxury locker rooms with showers, and an inviting reception area. Located near the intersection of Wolf Road and Laraway Road, the property benefits from exceptional visibility and high vehicle exposure on a growing commercial corridor. With 24 dedicated parking spaces, this asset ensures convenience for patients and staff alike. Positioned within Will County’s expanding market, this acquisition represents a long-term investment opportunity for medical providers, aesthetic professionals, or investors seeking a stable income asset supported by strong regional demand.
Healthcare operators will appreciate the turnkey build-out featuring specialized clinical zones, luxury locker rooms with showers, and an inviting reception area. Located near the intersection of Wolf Road and Laraway Road, the property benefits from exceptional visibility and high vehicle exposure on a growing commercial corridor. With 24 dedicated parking spaces, this asset ensures convenience for patients and staff alike. Positioned within Will County’s expanding market, this acquisition represents a long-term investment opportunity for medical providers, aesthetic professionals, or investors seeking a stable income asset supported by strong regional demand.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,800 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$3,950,000
Price Per SF
$822.92
Building Height
1 Story
Building FAR
0.13
Lot Size
0.85 AC
Zoning
B2
Frontage
166’ on Cedarwood Court
Amenities
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,800 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 4,800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
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1st Floor
| Size | 4,800 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Somewhat walkable
30/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 19-09-30-401-063 | Improvements Assessment | $0 |
| Land Assessment | $33,333 | Total Assessment | $33,333 |
Property Taxes
Parcel Number
19-09-30-401-063
Land Assessment
$33,333
Improvements Assessment
$0
Total Assessment
$33,333
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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11240 W Laraway Rd
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