30 ACRES FOR INDUSTRIAL IN FRANKFORT

Vacant Land for Sale
Catylist Listing ID: 30052251
Property Subtypes: Industrial, Office
Gross Land Area: 30 Acres
Sale Price: $690,000
Unit Price: $23,000 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/3/2020

Overview / Comments

PHASE 2 OF AN INDUSTRIAL PARK IN FRANKFORT WHICH CONSISTS OF 30 ACRES IS BEING SOLD BE DEVELOPER. EACH LOT IS A MINIMUM 1 ACRE AND ALLOWS FOR A 15,000 SF TO 17,000 SF BUILDING. OUTDOOR STORAGE IS ALLOWED AS WELL IF NEEDED. SALE COMES WITH ALL OF THE APPROVED ENGINEERING DRAWINGS FOR PHASE 2, ARMY CORE OF ENGINEER SIGN OF LETTER AND RECORDED COVENANTS. DEVELOPER HAS PAID ALL RECAPTURE FEES SO NO MONEY IS DUE TO THE VILLAGE. GREAT INVESTMENT AND OPPORTUNITY.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Will
Zoning: I-1
Property Visibility: Excellent
Largest Nearby Street: CENTER RD
Feet of Frontage: 1,341
Highway Access: EASY ACCESS TO MAJOR HIGHWAYS
Lot Frontage: 1341
Lot Depth: 900
Zoning Description: ZONING ALLOWS FOR LIGHT INDUSTRIAL. USES INCLUDED DISTRIBUTION, WAREHOUSING, STORAGE, LIGHT MANUFACTURING AND OFFICE.
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 735 24,252 76,093
Median Age: 45.69 41.87 39.39
Households: 266 8,097 25,714

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