19653 S Edinburgh Lane

19653 S Edinburgh Lane, Frankfort, IL 60423

  • For Sale $1,600,000
  • Property Type Multi-Family
  • Property Size 8,244 SF
  • Units 6
  • Lot Size 0.62 Acre
  • Additional Rent Contact for pricing
  • Year Built 2011
  • Date Updated Jan 8, 2025
Frankfort, IL is located approximately 37 miles southwest of downtown Chicago, offering convenient access via I-80, U.S. Route 45, and a nearby Metra stop in neighboring Mokena, which provides a direct rail connection to downtown Chicago. The village’s downtown area features a variety of local shops, restaurants, and essential services, making it a central hub for residents. The Frankfort Park District manages several parks and recreational facilities, including Main Park and the Old Plank Road Trail, offering walking paths, sports fields, and a range of community programs. The village is served by Summit Hill School District 161 and Lincoln-Way Community High School District 210, both of which provide comprehensive academic and extracurricular programs. For higher education, nearby institutions such as Joliet Junior College and Governors State University offer additional learning opportunities.Essex Realty Group, Inc. is pleased to exclusively market for sale 19653 S Edinburgh Lane, Frankfort, IL. This six-unit (6) apartment building, built in 2011, is located in the desirable suburb of Frankfort, Illinois in Will County. The property features a unit mix of six (6) 2Bd/2Ba apartments, each with condo-quality finishes throughout. Every unit is equipped with in-unit washers and dryers, individual hot water tanks, and furnaces. Additional amenities include a passenger elevator, one garage and one surface parking spot for each unit, private storage units, and a recreational room in the basement area offering tenants modern, low-maintenance living. 19653 S Edinburgh offers a potential buyer a true turn-key investment with immediate cash flow. Additionally, there is significant upside potential through market rent adjustments, which could increase monthly rental income by nearly 15%. Situated near major transportation routes and the amenities of Frankfort, 19653 S Edinburgh Lane offers investors a stable asset with substantial growth potential.
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Highlights

  • Modern Building: Built In 2011 With Condo-Quality Finishes Throughout All Six (6) 2Bd/2Ba Units
  • Tenant Amenities: Elevator, In-Unit Laundry, Garage Parking, Individual Utilities, and Private Storage For Each Unit
  • Turn-Key Investment: 100% Occupied With No Needed Capital Expenditures, Offering Immediate Cash Flow
  • Strong Rental Market: Steady Rent Growth, Growing Rental Demand, And Low Vacancy Rates
  • Below Market Rents: Opportunity To Increase Monthly Income By Up To 15% By Raising Rents To Market Levels

Contacts

broker

Essex Realty Group

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent
  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Frankfort, IL
  • Neighborhood Frankfort Square
  • Zip Code 60423
  • Market Chicago

Points of Interest

  • Tinley Park

    3.07 miles

  • Mokena

    4.87 miles

  • 211th Street (Lincoln Highway)

    5.20 miles

  • Flossmoor

    5.94 miles

  • University Park

    6.17 miles

  • Homewood

    6.77 miles

  • 153rd Street (Orland Park)

    6.80 miles

  • Calumet

    7.29 miles

  • Midlothian

    7.70 miles

  • 143rd Street (Orland Park)

    7.72 miles

  • Speedway

    0.11 miles

  • Gas n Wash

    0.34 miles

  • Gas N' Wash

    2.19 miles

  • Mobil

    3.03 miles

  • BP

    3.07 miles

  • Shell

    3.13 miles

  • Tesla Supercharger

    5.20 miles

  • Southland College Prep Parking Lot

    4.74 miles

  • George W. Dunne National Driving Range

    4.76 miles

  • Matteson Metra Station Lot #1

    5.19 miles

  • Matteson Metra Station Lot #2

    5.31 miles

  • Strip Mall Parking Lot

    5.83 miles

  • Catalina Grove Family Picnic Area

    5.92 miles

  • Petro Truck Stops - Extended Parking

    7.47 miles

  • Hap Bruno Field

    7.97 miles

  • Pace Homewood Park & Ride

    8.45 miles

  • Pace Harvey Park & Ride

    9.44 miles

  • Woodsprings Suites

    1.44 miles

  • EVEN Hotels

    1.54 miles

  • Fairfield Inn & Suites

    1.59 miles

  • Hampton Inn & Suites

    1.63 miles

  • Wingate

    1.67 miles

  • Sleep Inn

    1.68 miles

  • Comfort Inn & Suites

    1.68 miles

  • La Quinta Inn

    1.73 miles

  • Holiday Inn

    1.75 miles

  • Super 8 Mokena

    2.99 miles

  • DeBo's Dogs

    0.25 miles

  • TGI Fridays

    0.86 miles

  • Panera Bread

    0.86 miles

  • Subway

    0.91 miles

  • Arby's

    0.94 miles

  • Taco Bell

    0.96 miles

  • Cracker Barrel

    1.53 miles

  • Burger King

    1.79 miles

  • Wendy's

    1.79 miles

  • Hamada of Japan

    1.80 miles

  • Lincoln-Way North High School

    0.39 miles

  • Frankfort Square School

    0.70 miles

  • Summit Hill Junior High School

    1.23 miles

  • Hilda Walker Middle School

    1.26 miles

  • Hilda Walker Intermediate School

    1.33 miles

  • Elementary School District 159 Administrative Center

    1.37 miles

  • DeVry University Tiney Park Campus

    1.44 miles

  • Marya Yates Elementary School

    1.59 miles

  • Gloria Dei Evangelical Lutheran School

    1.83 miles

  • Dr. Julian Rogus School

    1.94 miles

  • Triple R Child Care

    2.92 miles

  • Children of America

    5.48 miles

  • Mary Sears Children's Academy

    5.78 miles

  • The Goddard School

    5.93 miles

Frequently Asked Questions

How much does 19653 S Edinburgh Lane cost?

The space currently listed for sale at 19653 S Edinburgh Lane asks for $1,600,000.

What is the total square footage of 19653 S Edinburgh Lane?

19653 S Edinburgh Lane totals 8,244 square feet.

When was this property built?

19653 S Edinburgh Lane was built in 2011.

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Contact Listing Broker
broker

Essex Realty Group