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Economic Development


summary_graphicDiscover Frankfort - Will County's Premier Community

Frankfort is an exceptional blend of high-quality lifestyle and small-town charm nestled in one of the most rapidly growing counties in the country. Our affluent population is attracted to the high quality lifestyle, distinctive executive housing and award-winning education system.

Quality - Opportunity - Lifestyle

Historic preservation and carefully planned new development is top priority for the Village of Frankfort. Our reputation for excellent commercial, industrial and residential development continues to attract prime commercial retailers, popular restaurants, and boutiques, including these industry leaders: Kohls - Home Depot -Bed Bath & Beyond -Office Depot -Staples -Mariano's Fresh Market -Francesca's Fortunato - Buffalo Wild Wings - Starbucks -Panera Bread -Emagine Entertainment, and more.

National and regional industrial companies make their home in Frankfort, including: Borg-Warner -Pactiv -Therafin Corporation -Adhesive Systems (Royal Adhesives) - Anderson Fittings -a member of the Marmon Group - Swanson Tool

Frankfort offers its "Target Industry & Industrial Incentive Program (T3IP)" to encourage new construction, business attraction and expansion activity within its industrial districts.


Strategically Located, Accessible & Low Taxes

  • 37 miles southwest of Chicago at US Rt. 45 & Rt. 30, just three miles south of I-80 and six miles west of I-57
  • I-355 easily connects Frankfort to Chicago's west and northwest suburbs.
  • I-294 easily connects Frankfort to Chicago's north and inner ring suburbs.
  • I-57 offers a fast and direct route into the heart of downtown Chicago.
  • Metra commuter train service is available at several nearby stations on the Rock Island and Metra Electric lines.
  • O-Hare and Midway are a close commute from Frankfort.
  • The proposed South Suburban Airport is just 3-miles from Frankfort's up and coming industrial parks near I-57.
  • Low Will County Taxes - One of the lowest tax levies in Will County