Log In/Sign Up
Your email has been sent.
Condos At South Frankfort 20224 S Frankfort Square Rd 3 Unit Apartment Building $555,000 ($185,000/Unit) 6.81% Cap Rate Frankfort, IL 60423



INVESTMENT HIGHLIGHTS
- Transportation & Connectivity
- Community Atmosphere
- Strong Rental Demographics & Demand
- Area Amenities & Demand Drivers
- Separately Metered Utilities
- Quality of Life Amenities
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 20224 S Frankfort Square Road in Frankfort, IL (the “Property”). The three-story building contains three (3) 2-Bedroom/1-Bathroom units with 2,625 square feet of gross living area. The Property is situated upon a 0.49-acre parcel with ample lawn space, as well as ample parking with three (3) off-street spaces available to the rear. 20224 S Frankfort Square Road presents an attractive multifamily investment opportunity in the desirable suburb of Frankfort, Illinois. The property is situated within the Frankfort Square community of Will County, a well-established residential area with strong demand for rental housing, quality schools, and convenient access to Chicago’s south suburban employment centers. Located minutes from Interstate 80, Interstate 57, and LaGrange Road (Route 45), the property offers excellent regional connectivity. Tenants benefit from proximity to local retail, dining, parks, and community amenities, as well as access to the Metra commuter rail network for direct service into downtown Chicago. The Frankfort Square area is also recognized for its reputable school system, further enhancing tenant appeal and long-term retention.
PROPERTY FACTS
| Price | $555,000 | Building Class | B |
| Price Per Unit | $185,000 | Lot Size | 0.49 AC |
| Sale Type | Investment | Building Size | 2,625 SF |
| Cap Rate | 6.81% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1985 |
| Property Subtype | Apartment |
| Price | $555,000 |
| Price Per Unit | $185,000 |
| Sale Type | Investment |
| Cap Rate | 6.81% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 2,625 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1985 |
1 1
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Condos At South Frankfort | 20224 S Frankfort Square Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
