20224 S Frankfort Square Rd, Frankfort, IL 60423

TRANSPORTATION & CONNECTIVITY

20224 S Frankfort Square Road benefits from strong regional connectivity through multiple transportation modes. The property is minutes from LaGrange Road (IL-45) and has convenient access to Interstates 80 and 57, ensuring efficient commutes throughout Chicago’s south suburbs and direct routes into the city. Commuter rail services are available via nearby Metra Rock Island District stations in Tinley Park, Mokena, and New Lenox, providing direct service to downtown Chicago. While fixed bus routes are limited, Pace Suburban Bus offers regional service, and both Frankfort Township Dial-A-Ride and Will-Ride provide on-demand local transportation options, enhancing mobility for nondrivers. The property also benefits from walkability and bicycle access through the Old Plank Road Trail, a 22-mile regional path linking neighborhoods and green spaces. Air travel is readily accessible, with Chicago Midway International Airport approximately 27 miles away and O’Hare International Airport about 51 miles away, supporting both domestic and international travel needs. This combination of roadway, rail, transit, pedestrian, and air access ensures excellent connectivity for residents and visitors alike.

AREA AMENITIES & DEMAND DRIVERS

Frankfort boasts a diverse restaurant scene with popular local spots such as Francesca's Fortunato, known for Italian cuisine and a wine bar; Fat Rosie's Taco & Tequila Bar, offering festive Mexican fare; and Cultivate Community Table, famous for fresh, from-scratch farm-to-table fare served all day from breakfast to dinner. Other notable eateries include Dancing Marlin (American and seafood in an interactive dining experience), Ambrosino's Italian Market & Deli (homemade Italian specialties), The Wine Thief Bistro (casual wine and elevated culinary offerings), and Old Plank Pizza Co., famed for inventive pizzas and a family-friendly atmosphere. For quick bites, Great American Bagel and Chipotle Mexican Grill are also popular choices.

Historic Downtown Frankfort serves as the retail hub with upscale, eclectic specialty boutiques offering unique selections and personal services. Retail options extend into nearby suburban areas supporting the local convenience and lifestyle demands. Notably, Kohl's department store is a key retail anchor near the area.

Frankfort features a range of attractions for residents and visitors including the KidsWork Children's Museum, Commissioners Park, Crisis Escape Rooms, CMP Tactical Laser Tag, and Emagine movie theater offering a comprehensive entertainment mix. Outdoor spaces like Butternut Creek Woods Park and Indian Boundary Park provide natural recreation options. Seasonal community events and concerts at Breidert Green Park amplify the area's lively community atmosphere.

COMMUNITY ATMOSPHERE

The Property is in a residential development in Frankfort Square Community Park that offers numerous muti-family residences that foster a community feel. The Property is just 1.1 miles from Lincoln Way North High School, creating demand for young families desiring a suburban feel with ample amenities nearby.

SEPARATELY METERED UTILITIES

The Property is separately metered for all utilities, including electric powered hot water, heat, separately metered electricity, and city water and sewer. Tenants pay for these utilities directly.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 45,500 people live within 3 miles of the Property with an average household income of $152,828. Over 131,400 people reside within 5 miles of the Property with an average household income of $144,751.

QUALITY OF LIFE AMENITIES

Frankfort hosts a dynamic calendar of community events that foster strong local engagement and cultural vibrancy. Key recurring events include the Frankfort Country Market (April to October), Art on the Green, Cruisin' Frankfort classic car nights, Fall Fest during Labor Day weekend which attracts over 250,000 visitors annually with its nationally recognized arts and crafts fair, and fourth of July fireworks. Seasonal events like the Bubbly & Chocolate Walk and Midnight Madness holiday shopping event bring residents together for socializing and supporting local businesses. Concerts on the Green provide regular Sunday evening live music in summer months, supporting a lively community culture. The Frankfort Community Showcase and Golf Outing provide family-friendly and networking opportunities for locals.

The area supports active lifestyles with multiple parks such as Commissioners Park and Butternut Creek Woods Park that offer walking trails and natural spaces. Popular activities include fishing derbies and tactical laser tag facilities. Local sports events and youth leagues also contribute to the active community scene.

Historic Downtown Frankfort is a retail hub featuring boutique shops and specialty stores, complemented by larger retailers like Kohl's nearby. Community events frequently incorporate local shopping and dining promotions, boosting the retail scene and offering diverse shopping options from artisan crafts to everyday goods.