5.44 acre property with lots of trees! Pole building behind the home is NOW included when property is subdivided!! Pond behind home is not on this property. Ranch home with basement. EXTRA LARGE outbuilding - coach house too! Perfect for someone looking to run a business or in need of extra storage space. This home does need TLC and is price appropriately. To be sold AS IS. Property is occupied and all appointments MUST be scheduled and approved with listing office. Property was recently divided from larger parcel. New PIN # has not been dedicated to property yet. Taxes are estimated but not guaranteed to be near $9000 per year. Sale needs to be Contingent on Will County approval of subdividing this parcel from larger parcel. Excellent location across from Stone Creek Subdivision. Horses may be allowed - Check with Will County land use to confirm. This home is located in 157C Frankfort Grade School & Lincoln-Way East HS. See additional information for survey. SOLD AS IS
Single-familyProperty Type
5.44 acresLot Size
$222Est. Price/Sq.Ft.
6 spacesParking
Listed by Robert Kroll• Century 21 Kroll Realty
Listed by Teresa Kroll
Bought with Michele Kosel• Coldwell Banker Real Estate Group
29 acres of trees & gently rolling landscape directly across the street from Stone Creek. Currently the home, 2 apartments, garages and outbuilding are being rented for $66,000 annually. A great opportunity for future development that gives you income while you wait. Has been platted for a 74 unit townhome development or as a retirement community(both options very agreeable to Frankfort). There's a one acre pond on site
Public Records
Dec 23, 2003
Sold
$700,000
$250/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$11,302 (+5.7%)
$64,353 + $91,871
$156,224
2023
$10,698 (+8.3%)
$57,473 + $82,050
$139,523
2022
$9,881 (+6.2%)
$52,348 + $74,734
$127,082
2021
$9,308 (+2.5%)
$48,974 + $69,917
$118,891
2020
$9,077 (+3.3%)
$47,594 + $67,947
$115,541
2019
$8,783 (+1.8%)
$46,320 + $66,128
$112,448
2018
$8,631
$44,988 + $64,227
$109,215
Tax history for 22712 S 88th Ave
Year
Property tax
Land + Additions
Assessment*
2024
$11,302 (+5.7%)
$64,353 + $91,871
$156,224
2023
$10,698 (+8.3%)
$57,473 + $82,050
$139,523
2022
$9,881 (+6.2%)
$52,348 + $74,734
$127,082
2021
$9,308 (+2.5%)
$48,974 + $69,917
$118,891
2020
$9,077 (+3.3%)
$47,594 + $67,947
$115,541
2019
$8,783 (+1.8%)
$46,320 + $66,128
$112,448
2018
$8,631
$44,988 + $64,227
$109,215
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
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Baths
—
Stories
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Lot width
—
Lot depth
—
Lot size
5.42 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Will County
APN
1909344000300000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
E-1
Residential Rural Estate District
E-1 and E-2 districts are primarily intended to: Help preserve the rural and open space character of areas that are not prime agricultural lands and not suitable for urban or suburban development because of location, topography, soil characteristics, the lack of urban services or other natural or man-made factors; Accommodate very large-lot, rural and estate-type residential use; Help conserve sensitive natural resources; and Allow farming and the keeping of horses and domestic farm animals as an accessory use to the primary residential use of the property.; Conservation design subdivisions are allowed and encouraged for new residential developments in E-1 and E-2 districts.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Garden center
Housing-Group
Housing-Single unit
Educational/school
Fire house
Police station
Communications tower
Park & open space
Property details
Parking
Parking Information
# of Cars: 6
# of Garage Spaces: 6
Garage Parking
Garage Door Opener(s), Garage Transmitter(s)
Attached Garage, Detached Garage
Garage On-Site
Owned Garage
Asphalt Driveway
Interior
Bedroom Information
# of Bedrooms: 4
# of Bedrooms (Above Grade): 4
Master Bedroom Information
Size: 17X13
On Main Level
Carpet Flooring
Bedroom #2 Information
Size: 10X17
On Main Level
Carpet Flooring
Bedroom #3 Information
Size: 11X12
On Main Level
Carpet Flooring
Bedroom #4 Information
Size: 10X11
On Main Level
Carpet Flooring
Bathroom Information
# of Baths (Full): 3
# of Baths (1/2): 2
Master Bath
Separate Shower, Double Sink
Bathroom(s) in Basement
Living Room Information
Size: 17X26
On Main Level
Hardwood Flooring
Family Room Information
Size: 12X20
On Main Level
Ceramic/Porcelain Tile Flooring
Dining Room Information
Separate Dining Room, L-shaped
Size: 12X12
On Main Level
Ceramic/Porcelain Tile Flooring
Kitchen Information
Size: 8X17
Eating Area (Breakfast Bar), Galley, Pantry (Closet)