Frankfort, Illinois — top rental deal at 7.1% ROI

We analyze 50 active listings in Frankfort and surface the strongest rental-return candidates below, each with its cap rate, cash flow, and estimated rent.

50 Active listings whole market
4.85% Median ROI investment-grade deals
7.2% Median cap rate investment-grade deals
$3150-4000 Typical rent investment-grade deals
96.0% Rentable share whole market
Top ROI

429 Elm Street Frankfort IL 60423

October 21st, 2026

  • 4 Beds
  • 2.1 Baths
  • 2736 Sq Ft
ROI 7.1%
Cap Rate 7.76%
Cash Flow $709
Est. Rent: $4000
Listing Price $479,000
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20247 E Lismore Circle Frankfort IL 60423

August 22nd, 2026

  • 4 Beds
  • 2.1 Baths
  • 2458 Sq Ft
ROI 5.69%
Cap Rate 7.41%
Cash Flow $386
Est. Rent: $3150-4000
Listing Price $325,000
View Details

19825 S Farmington Lane Frankfort IL 60423

October 16th, 2026

  • 4 Beds
  • 2.1 Baths
  • 1900 Sq Ft
ROI 4.85%
Cap Rate 7.2%
Cash Flow $379
Est. Rent: $3150-4000
Listing Price $374,995
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1000 Prestwick Drive Frankfort IL 60423

August 6th, 2026

  • 2 Beds
  • 1 Baths
  • 1300 Sq Ft
ROI 3.47%
Cap Rate 6.85%
Cash Flow $217
Est. Rent: $2300
Listing Price $300,000
View Details

20209 S Graceland Lane Frankfort IL 60423 Unit 20209

August 21st, 2026

  • 2 Beds
  • 1 Baths
  • 1056 Sq Ft
ROI 1.89%
Cap Rate 6.46%
Cash Flow $91
Est. Rent: $1900-2000
Listing Price $229,000
View Details
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity℠ Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Panda Nook Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the MLS GRID for MRED as of 11/6/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

©2026 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data is refreshed every 15 minutes. Listing last updated 8:45 PM CT on 11/6/2026.