OPPORTUNITY IS KNOCKING! This 4-bedroom, 2 full bath home with an attached 2-car garage offers incredible potential and is priced accordingly for buyers ready to bring their decorating ideas and build instant equity! Conveniently located near schools, parks, shopping, restaurants, and I-355, this home offers a functional layout with great living space throughout. The upper level features a nicely sized kitchen with custom breakfast bar, ceramic backsplash, laminate flooring, ceiling fans, and a formal dining area open to the kitchen. Atrium doors lead to a spacious deck - perfect for relaxing or entertaining. You'll also find a large living room, 3 decent-sized bedrooms, and a full bath on the main level. The lower level offers excellent potential for related living or in-law quarters with a spacious family room, 4th bedroom, full bath, and a small kitchen complete with refrigerator and stove. The laundry area was originally located in the lower level and could easily be converted back if desired. This home is giving buyers the opportunity to make it their own. No HOA! Great location, tons of potential, and priced to sell - don't miss your chance to turn this into something special and gain instant equity!
Single-familyProperty Type
1973Year Built
$170Price/Sq.Ft.
2 car garageParking
Listed by Debra Brisolara• Re/Max Ultimate Professionals
Bought with Salma Torres• @properties Christie's International Real Estate
Est. $2,522 per month, based on comparable rentals
Sale and tax history for 551 Falconridge Way
Sale History
Tax History
Date
Event
Price
MRED as Distributed by MLS Grid #12652437
Jun 16, 2026
Sold (MLS) (Closed)
$332,000
$170/sq ft
Public Records
Jul 9, 2015
Sold
$125,000
$64/sq ft
MRED as Distributed by MLS Grid #08795775
Apr 28, 2015
Sold (MLS) (Closed Sale)
$125,000
$64/sq ft
Apr 22, 2015
Pending
—
Feb 4, 2015
Contingent
—
Jan 28, 2015
Relisted (Reactivated)
—
Jan 20, 2015
Contingent
—
Jan 13, 2015
Price Changed
$128,500
$66/sq ft
Dec 31, 2014
Price Changed
$138,500
$71/sq ft
Dec 2, 2014
Listed (New)
$147,500
$76/sq ft
+15
4 BR on high fenced lot close to school/park w/potential in-law qtrs. in LL;rear Southern expo.DR open to kitchen w/custom brkfast bar,ceramic bksplsh, atrium dr to deck; Laminate flrs, ceiling fans, Private LL w/FR, 4th BR(needs new flooring & some TLC ),full bath;Laundry rm is currently small kit.w/sink,stove,hookups 4 W/D;Laundry currently in garage.Close 2 I-355 & Promenade Mall.SS w/1 lender, experienced SS atty
MRED as Distributed by MLS Grid #06680499
Mar 21, 2008
Listing Removed
—
Sep 21, 2007
Listed
*
MRED as Distributed by MLS Grid #06554227
Aug 16, 2007
Listing Removed
—
Jun 16, 2007
Listed
*
MRED as Distributed by MLS Grid #06280538
Jun 14, 2007
Listing Removed
—
Sep 15, 2006
Listed
*
Public Records
Jan 26, 2005
Sold
$216,000
$111/sq ft
Public Records
Jul 5, 1988
Sold
$143,000
$73/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$7,829 (+6.9%)
$17,221 + $66,247
$83,468
2023
$7,321 (+6.9%)
$15,526 + $59,725
$75,251
2022
$6,845 (+5.6%)
$15,526 + $59,725
$75,251
2021
$6,480 (+3.2%)
$14,517 + $55,844
$70,361
2020
$6,276 (+3.4%)
$14,040 + $54,008
$68,048
2019
$6,067 (+8.9%)
$13,371 + $51,436
$64,807
2018
$5,570 (+5.2%)
$12,302 + $47,323
$59,625
2017
$5,295 (+4.7%)
$11,661 + $44,856
$56,517
2015
$5,057 (+5.3%)
$11,100 + $42,700
$53,800
2013
$4,803 (−7.4%)
$10,400 + $40,200
$50,600
2012
$5,184 (+2.1%)
$12,000 + $46,400
$58,400
2011
$5,079 (+2.6%)
$13,300 + $51,600
$64,900
2010
$4,953 (−6.0%)
$14,300 + $55,500
$69,800
2008
$5,269 (+6.2%)
$15,900 + $61,700
$77,600
2007
$4,962
$15,900 + $61,700
$77,600
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
8,190 Sq. Ft.
Year renovated
—
Sq. Ft.
1,950
Year built
1973
Style
Single Family Residential
County
Will County
APN
1202121060270000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 31, 2026.
Property details
Parking
Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking Features: Asphalt, Garage Door Opener, Garage Owned, Attached, Garage