Graefen Development

Home developer in Frankfort, IL 60423

About this company

Graefen Development is listed as a home developer at 22774 Citation Rd in Frankfort, Illinois, in Will County. It is one of 30 general contractors in ZIP 60423.

Other construction companies nearby

Performance Mechanical Contractors9228 Corsair Rd, Frankfort
0.3 mi(815) 806-2992
Architectural Sealants Inc9232 Gulfstream Rd, Frankfort
0.3 mi(815) 464-5280
Advantage Industrial Systems9320 W Corsair Rd, Frankfort
0.4 mi(815) 469-6565
Fuller Ultra Violet9416 Gulfstream Rd, Frankfort
0.5 mi(815) 469-3301
All Sealants9445 Corsair Rd Unit 1, Frankfort
0.5 mi(815) 534-5806

Housing market around ZIP 60423

Figures describe the local area, not this company.

Typical home value$501,000+3.6% past year · +62% in 10 years
12-month value outlook+2.9%
Days to sale agreement14Chicago metro · 12 a year ago
New homes permitted, 20251,993Will County
Listings with a price cut27.5%Chicago metro
Sale price vs list100.5%Chicago metro
New construction sales546Chicago metro, Aug · −2% from last year

Source: Zillow (home values, rent, outlook and metro sales), data through Sep 2026. Permits: U.S. Census Bureau.

Typical home value, last 10 years

$350K$400K$450K$500K201620182020202220242026$502K

Source: Zillow Home Value Index, Sep 2026.

Local building angle: Will County permitted 1,993 new homes in 2025, including 180 apartment units. 36% of the homes in this ZIP were built since 2000.
Local figures are estimates from public records and Zillow housing data, updated regularly.