Sprawling PUD or Commercial Usage Opportunity in Frankfort

$3,500,000

22660 S Harlem Ave Frankfort, IL 60423

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About this listing

DESCRIPTION

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.

  • Lot Area

    22 acres

  • Year Built

    1992

  • Zoning

    R2, PUD

  • MLS ID

    12426561


Details

  • • Lot Dimension: Irregular
  • • Tax Roll Number: 190936204042
  • • Annual Tax: $ 31755.0
  • • Max Contiguous Area: 8989.0
  • • Age: 31-40 Years Old
  • • Amenities: Yoga Space
  • • Appliances: Washer
  • • Area Amenities: Area Hiking
  • • Basement: Finished
  • • Bath Features: Tub and Shower
  • • Body Of Water: Pond
  • • Community Type: Gated
  • • Exterior: Storage Shed
  • • Exterior Description: Cedar Siding
  • • Fireplace Count: 1 Fireplace
  • • Garage Count: 5 + Car Garage
  • • Garage Description: Attached Garage
  • • General: Workshop
  • • Lot Description: Possible Subdivision
  • • Lot Size: 20-50 Acres
  • • Pre Wiring: Security System
  • • Property Description: Community Living
  • • Rooms: Media Room / Home Theater
  • • Sewer: Septic
  • • Special Market: Vacation / Second Home
  • • Water: Well

Map

SPACES

Guest House

SQFT: 1,409

Lease Type:

Sublease: No

Lease Rate:$0/yr

Available: Immediately

Gymnasium

SQFT: 11,000

Lease Type:

Sublease: No

Lease Rate:$0/yr

Available: Immediately

Single Family Home

SQFT: 8,989

Lease Type:

Sublease: No

Lease Rate:$0/yr

Available: Immediately




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