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Executive Summary

Welcome to 219 N. White Street in the Highly Sought After *Historical District* of Frankfort, IL - Which is Steps Away from Old Plank Trail, Breidert Green Park, Prairie Park, Shopping, Restaurants, Farmers Market & Entertainment - Putting Premium Foot Traffic Right at Your Doorstep! (Located Approximately 40 Miles Southwest of Chicago!) This Magnificent Mixed Use Architectural Beauty w/Curb Appeal Galore is Approximately 15 Years Young & Featuring 25 Parking Stalls, a Professional Leased Office of 3,406sf on the Main Level (2 Separate Condo PIN#'s) & 3qty - Luxury Residential Condos Overhead (Currently Leased, But Could be Individually Sold Off - 3 PINs) Ranging from 959sf - 1,254sf
with Balconies Overlooking White Street PLUS 1 Car Deeded Garages w/Keypad/8' Doors & 1 Assigned Parking Spot! The Ground Floor Condos Features 4 Entrances/Exits, 10' Ceilings Throughout, a Remodeled Reception Area, 9 Private Offices w/AMAZING Views Via the Oversized Colonial Grated Windows, Abundant of an Open - Yet Semi-Private Workstation Deskspace/Work Areas, High Tech Conference Room w/Double Doors, Multiple Directions of Windows with this Full Kitchen/Employee Lounge Area, a Computer Server Room/Storage Area, Two Private Bathrooms & is Currently Leased to a National Insurance Brokerage! The Leased Residential Condos Feature Two End Units with Multiple Directions of Windows, Sliders to the Balconies (Middle Unit has a Door) + Fireplaces! All Three Residential Units Have 10'Ceilings, Hardwood Floors, White Trim Packages, Crown Molding, Solid Panel Doors, Chef's Kitchens w/Granite, Breakfast Bars, Stainless Steel Appliances, Ceramic Tiled Showers, Separate Laundry & No Pets Policy! On the Residential Side, These Condos Fall into the Highly Rated Frankfort SD 157c & HS District 210 (Lincoln-Way East) Boundaries. Both the Commercial & Residential Condo Units Have Their Own Utilities, the Entire Building has Fire Sprinkler System & New Roof in 2025 w/Oversized Gutters that are Tied in Underground! The Lawn has an Irrigation System! Easy Ingress/Egress to the Parking Lot - Featuring an Electric Car Charging Station, a Communal Waste Enclosure, a Private Rear Yard Area & an Exterior Employee Outdoor Break Area! This Gem Boasts a VERY Strong Cap Rate and a Zero Vacancy History! Don't Miss Adding this Excellent 'One of a Kind' Investment Opportunity with Solid Cash Flow, to Your Portfolio!

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,410 SF
Building Class
B
Year Built
2010
Price
$1,950,000
Price Per SF
$231.87
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,205 SF
Building FAR
0.32
Lot Size
0.60 AC
Zoning
B1 - Neighborhood Business
Parking
15 Spaces (1.76 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
19-09-22-308-014
Land Assessment
$1
Improvements Assessment
$0
Total Assessment
$1
  • Listing ID: 40587087

  • Date on Market: 5/19/2026

  • Last Updated:

  • Address: 219 White St, Frankfort, IL 60423

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