Sprawling PUD or Commercial Usage Opportunity in Frankfort

22660 S Harlem Ave, Frankfort, IL 60423

  • For Sale $3,500,000
  • Property Type Other
  • Lot Size 22 Acre
  • Year Built 1992
  • Date Updated Aug 10, 2025
Remarkable 22-Acre Multi-Use Estate in Frankfort – Endless Possibilities for Development and Business Ventures Presenting a rare opportunity to acquire a sprawling 22-acre multi-use property in the heart of Frankfort. Perfectly located just minutes from retail, dining, major highways, and top-rated schools, this estate offers unmatched versatility and potential for a range of commercial endeavors. This exceptional property features four buildings, including a luxury 9-bedroom, 6.5-bath residence, a fully-equipped guest house, a large storage/animal boarding facility, and a state-of-the-art gymnasium. Whether you are seeking a corporate retreat, event space, wellness center, or a unique business headquarters, this property can accommodate it all. Key Property Highlights: Main Residence: A grand two-story structure offering 9 bedrooms, 6.5 bathrooms, and premium finishes, including Brazilian cherry hardwood floors, a gourmet chef's kitchen, and a first-floor office. The open-concept family room boasts 24-foot vaulted ceilings, floor-to-ceiling windows, and a striking two-way fireplace that seamlessly integrates indoor and outdoor spaces. Guest House: A detached, studio-style guest home with 1.5 bathrooms, an 18-foot custom bar, and private deck access with sweeping views of a tranquil 3-acre stocked pond. Ideal for business guests, team meetings, or special events. Gymnasium: A fully ADA-compliant 11,000 sq. ft. facility with sport court flooring for basketball, volleyball, and pickleball, as well as a lofted fitness area, dance studio, and radiant heated floors. This space is primed for conversion into a large event venue or fitness center, with wiring and plumbing already in place for a fire protection system. Commercial Features: Includes a cedar-lined luxury dog house, perfect for a pet-focused business, featuring heated floors, camera system, dog bays, and a separate dog run. Additional space offers a large storage building/animal boarding facility. Zoning & Development Potential: Zoned R2, with an approved PUD (Planned Unit Development) permit, offering extensive development opportunities such as a corporate campus, wedding venue, retreat center, wellness facility, equestrian estate, or potential residential development. The property also includes four subdividable lots, providing even greater flexibility for future expansion or integration with neighboring properties. The seamless integration of luxury, functionality, and growth potential makes this estate an unparalleled investment opportunity. From corporate headquarters to event space, a school or retreat center, this unique property is ideal for a wide range of commercial ventures.
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Attachments

Highlights

  • Age: 31-40 Years Old
  • Amenities: Caretaker House
  • Amenities: Recreational Area
  • Amenities: Yoga Space
  • Appliances: Dishwasher
  • Appliances: Double Oven
  • Appliances: Dryer
  • Appliances: Garbage Disposal
  • Appliances: Microwave
  • Appliances: Range / Oven
  • Appliances: Refrigerator
  • Appliances: Trash Compactor
  • Appliances: Washer
  • Area Amenities: Area Fishing
  • Area Amenities: Area Hiking
  • Basement: Finished
  • Bath Features: Jacuzzi Tub
  • Bath Features: Jetted Tub
  • Bath Features: Stall Shower
  • Bath Features: Stall Shower and Tub

Contacts

broker

Coldwell Banker Commercial Real Estate Group

Location

Getting Around

  • Walk Score ®

    1/100 Car-Dependent
  • Bike Score ®

    24/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Frankfort, IL
  • Zip Code 60423
  • Market Chicago

Points of Interest

  • University Park

    3.82 miles

  • 211th Street (Lincoln Highway)

    5.25 miles

  • Mokena

    6.08 miles

  • Tinley Park

    6.76 miles

  • Flossmoor

    7.40 miles

  • Homewood

    8.67 miles

  • New Lenox

    9.16 miles

  • Calumet

    9.38 miles

  • 153rd Street (Orland Park)

    9.99 miles

  • Speedway

    1.94 miles

  • Walmart

    2.20 miles

  • Marathon

    2.64 miles

  • BP

    3.49 miles

  • Thorntons

    3.83 miles

  • Pilot

    4.00 miles

  • Gas n Wash

    4.04 miles

  • Tesla Supercharger

    8.25 miles

  • Southland College Prep Parking Lot

    3.34 miles

  • Petro Truck Stops - Extended Parking

    4.01 miles

  • Matteson Metra Station Lot #1

    4.84 miles

  • Matteson Metra Station Lot #2

    4.96 miles

  • Hap Bruno Field

    8.14 miles

  • Strip Mall Parking Lot

    8.24 miles

  • George W. Dunne National Driving Range

    8.32 miles

  • Catalina Grove Family Picnic Area

    9.62 miles

  • U-Pull-It Salvage Yard

    9.80 miles

  • Comfort Inn

    3.17 miles

  • Holiday Inn Matteson

    3.30 miles

  • Travelodge Matteson

    3.39 miles

  • Quality Inn & Suites Matteson

    3.48 miles

  • Hampton Inn & Suites Chicago Southland-Matteson

    3.50 miles

  • Terrace Monee Inn Motel

    3.81 miles

  • Red Roof Inn & Suites Monee

    4.13 miles

  • Quality Inn Monee

    4.16 miles

  • Super 8 by Wyndham Monee

    4.20 miles

  • Woodsprings Suites

    5.13 miles

  • McDonald's

    1.87 miles

  • Domino's

    3.17 miles

  • Fat Rosie's Taco and Tequila Bar

    3.32 miles

  • Olive Garden

    3.43 miles

  • DeBo's Dogs

    3.47 miles

  • Long John Silver's

    3.53 miles

  • Panera Bread

    3.55 miles

  • Potbelly

    3.56 miles

  • Chipotle

    3.59 miles

  • Five Guys

    3.61 miles

  • Chelsea Intermediate School

    1.04 miles

  • Ann Rutledge School

    2.02 miles

  • Summit Hill Junior High School

    2.48 miles

  • Neil Armstrong Elementary School

    2.84 miles

  • Rich South High School

    2.94 miles

  • Immanuel School

    3.08 miles

  • Sieden Prairie Elementary School

    3.28 miles

  • Frankfort School

    3.29 miles

  • Frankfort Square School

    3.30 miles

  • Marya Yates Elementary School

    3.31 miles

  • Triple R Child Care

    4.55 miles

  • The Goddard School

    6.91 miles

  • Mary Sears Children's Academy

    8.57 miles

  • Children of America

    8.77 miles

Frequently Asked Questions

How much does Sprawling PUD or Commercial Usage Opportunity in Frankfort cost?

The space currently listed for sale at Sprawling PUD or Commercial Usage Opportunity in Frankfort asks for $3,500,000.

When was this property built?

Sprawling PUD or Commercial Usage Opportunity in Frankfort was built in 1992.

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Contact Listing Broker
broker

Coldwell Banker Commercial Real Estate Group

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