Exceptional opportunity to lease a 4,800 SF turn-key medical/wellness building completed in 2024. Currently operating as a premier med-spa, this free-standing property features a sophisticated build-out ideal for medical, dental, or aesthetic practices. Property Highlights: Move-In Ready: Modern 1-story layout with specialized zones for clinical and wellness services. Located near the Wolf Rd & Laraway Rd intersection in Frankfort. OM available upon request. High-End Infrastructure: Equipped with 120V/220V power, central air, and a versatile heating system including forced air, gas, and steam. Safety & Standards: Fully sprinklered facility with B2 Commercial zoning. Patient Amenities: Includes luxury locker rooms, showers, and a professional reception area. Parking & Access: Expansive lot with 24 parking spaces and high-visibility frontage on Laraway Rd.
Details
MLS #
12639090
Listing Type
For Sale
Style
Retail/stores
Sub-Type
Resale
Status
Active
Year
2024
Days On Site
141
Listing Provided By
Village Realty, Inc. | Michael Glenn
Features
SQ Feet
4,800
Story(s)
1
Units
1
Zoning
COMMR
Acreage
0.71
Interior
Cooling
Central Air
Utilities
Electric
Power - 120V, 220 Volts
Taxes
Tax Year
2024
Tax Annual Amount
19435
Area Information
State
IL
County
Will
City
Frankfort
Zip Code
60423
Area
Frankfort
Listing VS Median (in 60423)
Price: $3,950,000
low | high
Med: $642,500
100% of Average
sqft: 4,800
low | high
Med: 3,089
85.65625% of Average
$ / sqft: $823
low | high
Med: $213
100% of Average
On site: 141
low | high
Med: 135
100% of Average
Sourced by Back At You
Market Activity 60423
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 7
Avg $ Per SqFt: $271.19
Min Sale Price: $175,000
Max Sale Price: $1,490,000
Med Sale Price: $393,500
Date: Jul 2026
Sales: 26
Avg $ Per SqFt: $201.21
Min Sale Price: $169,500
Max Sale Price: $899,999
Med Sale Price: $449,500
Date: Jun 2026
Sales: 32
Avg $ Per SqFt: $221.84
Min Sale Price: $164,900
Max Sale Price: $780,000
Med Sale Price: $437,500
Date: May 2026
Sales: 31
Avg $ Per SqFt: $220.55
Min Sale Price: $128,800
Max Sale Price: $1,285,000
Med Sale Price: $500,000
Date: Apr 2026
Sales: 42
Avg $ Per SqFt: $207.87
Min Sale Price: $127,000
Max Sale Price: $1,275,000
Med Sale Price: $507,500
Date: Mar 2026
Sales: 43
Avg $ Per SqFt: $218.56
Min Sale Price: $48,000
Max Sale Price: $1,180,000
Med Sale Price: $530,000
Date: Feb 2026
Sales: 30
Avg $ Per SqFt: $229.34
Min Sale Price: $129,900
Max Sale Price: $1,159,000
Med Sale Price: $477,500
Date: Jan 2026
Sales: 26
Avg $ Per SqFt: $215.53
Min Sale Price: $83,000
Max Sale Price: $925,000
Med Sale Price: $379,500
Date: Dec 2025
Sales: 10
Avg $ Per SqFt: $211.35
Min Sale Price: $108,000
Max Sale Price: $785,000
Med Sale Price: $404,500
Date: Nov 2025
Sales: 33
Avg $ Per SqFt: $204.02
Min Sale Price: $10,000
Max Sale Price: $1,100,000
Med Sale Price: $425,000
Date: Oct 2025
Sales: 44
Avg $ Per SqFt: $210.32
Min Sale Price: $119,000
Max Sale Price: $950,000
Med Sale Price: $457,500
Date: Sep 2025
Sales: 34
Avg $ Per SqFt: $201.91
Min Sale Price: $68,000
Max Sale Price: $1,175,000
Med Sale Price: $458,000
Sourced by Back At You
Aug 2026
Sales:
7
Avg $ Per SqFt:
$271.19
Min Sale Price:
$175,000
Max Sale Price:
$1,490,000
Med Sale Price:
$393,500
Jul 2026
Sales:
26
Avg $ Per SqFt:
$201.21
Min Sale Price:
$169,500
Max Sale Price:
$899,999
Med Sale Price:
$449,500
Jun 2026
Sales:
32
Avg $ Per SqFt:
$221.84
Min Sale Price:
$164,900
Max Sale Price:
$780,000
Med Sale Price:
$437,500
May 2026
Sales:
31
Avg $ Per SqFt:
$220.55
Min Sale Price:
$128,800
Max Sale Price:
$1,285,000
Med Sale Price:
$500,000
Apr 2026
Sales:
42
Avg $ Per SqFt:
$207.87
Min Sale Price:
$127,000
Max Sale Price:
$1,275,000
Med Sale Price:
$507,500
Mar 2026
Sales:
43
Avg $ Per SqFt:
$218.56
Min Sale Price:
$48,000
Max Sale Price:
$1,180,000
Med Sale Price:
$530,000
Feb 2026
Sales:
30
Avg $ Per SqFt:
$229.34
Min Sale Price:
$129,900
Max Sale Price:
$1,159,000
Med Sale Price:
$477,500
Jan 2026
Sales:
26
Avg $ Per SqFt:
$215.53
Min Sale Price:
$83,000
Max Sale Price:
$925,000
Med Sale Price:
$379,500
Dec 2025
Sales:
10
Avg $ Per SqFt:
$211.35
Min Sale Price:
$108,000
Max Sale Price:
$785,000
Med Sale Price:
$404,500
Nov 2025
Sales:
33
Avg $ Per SqFt:
$204.02
Min Sale Price:
$10,000
Max Sale Price:
$1,100,000
Med Sale Price:
$425,000
Oct 2025
Sales:
44
Avg $ Per SqFt:
$210.32
Min Sale Price:
$119,000
Max Sale Price:
$950,000
Med Sale Price:
$457,500
Sep 2025
Sales:
34
Avg $ Per SqFt:
$201.91
Min Sale Price:
$68,000
Max Sale Price:
$1,175,000
Med Sale Price:
$458,000
MLS Number: 12639090
Michael Glenn – (708) 263-5869
Village Realty, Inc. – (708) 478-1212 – mike@mikeglennhomes.com
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The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12639090
Michael Glenn – (708) 263-5869
Village Realty, Inc. – (708) 478-1212 – mike@mikeglennhomes.com
