Fantastic oversized (just under an acre!) Lot In fabulous downtown Frankfort! Bring your own builder and build your dream home or renovate the current home on this fabulous site. Steps from everything downtown including Old Plank Trail! Excellent school districts 157c and 210! There is a home on the site but needs a complete renovation or is a tear down. Broker has fabulous house plan for the property for serious buyers. Property is sold as is.
Single-familyProperty Type
1910Year Built
0.87 acresLot Size
$211Est. Price/Sq.Ft.
Listed by James Murphy• Murphy Real Estate Group
Bought with James Murphy• Murphy Real Estate Group
Source:MRED as Distributed by MLS Grid #10884699
Redfin Estimate
$330,068
$71K since sold in July 2022$5,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 18.9% lower than the average sale price ($407K) of 5 comparable homes.
Fantastic oversized (just under an acre!) Lot In fabulous downtown Frankfort! Bring your own builder and build your dream home or renovate the current home on this fabulous site. Steps from everything downtown including Old Plank Trail! Excellent school districts 157c and 210! There is a home on the site but needs a complete renovation or is a tear down. Broker has fabulous house plan for the property for serious buyers. Property is sold as is.
Public Records
Jan 3, 2019
Sold
$265,000
$169/sq ft
MRED as Distributed by MLS Grid #08992398
Oct 15, 2015
Sold (MLS) (Closed Sale)
$199,900
$127/sq ft
Aug 9, 2015
Pending
—
Jul 25, 2015
Pending (Contingent (Do Not Show))
—
Jul 24, 2015
Listed (New)
$199,900
$127/sq ft
Unbelievable! Come Quick! Almost an Acre in Downtown Frankfort! This longtime family home and part of Frankfort history is for sale. Sitting proudly for over a 100 years this home is one of a kind. House, garage and shed being sold "as is" For the right investor this home could be a keeper. Value is based on the land. At 100 X 376 this lot is perfect for a tear down and rebuild. It is within steps to all that downtown has to offer.
Year
Property tax
Land + Additions
Assessment*
2024
$16,890 (+160.8%)
$33,452 + $164,077
$197,529
2023
$6,476 (+150.5%)
$30,469
2022
$2,586 (+33.9%)
$30,469
2021
$1,931 (−72.1%)
$28,505
2020
$6,914 (+4.9%)
$27,702 + $57,279
$84,981
2019
$6,589 (+1.9%)
$26,961 + $55,746
$82,707
2018
$6,467 (+0.1%)
$26,186 + $54,143
$80,329
2017
$6,459 (+83.2%)
$25,575 + $52,879
$78,454
2015
$3,526 (+3.1%)
$24,698 + $51,066
$75,764
2013
$3,419 (+2.8%)
$23,969 + $49,560
$73,529
2012
$3,325 (−42.5%)
$25,231 + $52,168
$77,399
2011
$5,779 (+1.2%)
$26,559 + $54,914
$81,473
2010
$5,709 (−2.5%)
$27,522 + $56,906
$84,428
2008
$5,855 (+110.2%)
$42,641 + $48,608
$91,249
2007
$2,786
$25,903 + $37,509
$63,412
Tax history for 240 Center Rd
Year
Property tax
Land + Additions
Assessment*
2024
$16,890 (+160.8%)
$33,452 + $164,077
$197,529
2023
$6,476 (+150.5%)
$30,469
2022
$2,586 (+33.9%)
$30,469
2021
$1,931 (−72.1%)
$28,505
2020
$6,914 (+4.9%)
$27,702 + $57,279
$84,981
2019
$6,589 (+1.9%)
$26,961 + $55,746
$82,707
2018
$6,467 (+0.1%)
$26,186 + $54,143
$80,329
2017
$6,459 (+83.2%)
$25,575 + $52,879
$78,454
2015
$3,526 (+3.1%)
$24,698 + $51,066
$75,764
2013
$3,419 (+2.8%)
$23,969 + $49,560
$73,529
2012
$3,325 (−42.5%)
$25,231 + $52,168
$77,399
2011
$5,779 (+1.2%)
$26,559 + $54,914
$81,473
2010
$5,709 (−2.5%)
$27,522 + $56,906
$84,428
2008
$5,855 (+110.2%)
$42,641 + $48,608
$91,249
2007
$2,786
$25,903 + $37,509
$63,412
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
Fireplace Information
Has Fireplace
Exterior
Exterior Information
Building Style Type: Old
Property Information
Subdivision Name: PROPRIETORS SUB
Living Sq. Ft: 1,568
Building Sq. Ft: 1,568
Legal Description: LOT 3 IN PROPRIETORS SUB, SUB OF PRT OF THE NE FRACT'L 1/4 OF SEC 28, N & S OF THE INDIAN BOUNDARY LINE, T35N-R12E.
Lot Information
# of Buildings: 1
Land Sq. Ft: 37,897
Legal Lot Number: 3
Municipality Name: FRANKFORT TWP
Acres: 0.87
County Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2024
Tax District County: FRANKFORT TWP
Public facts
Beds: —
Baths: 1.5
Sq. Ft.: 1,568
Stories: —
Lot Size: 0.87 acres
Style: Single Family Residential
Year Built: 1910
Year Renovated: —
County: Will County
APN: 1909282270130000
Home facts updated by county records on Jul 2, 2026
Around this home
Schools
Grand Prairie Elementary School
Public PreK-2 • Assigned • 1.3mi
Hickory Creek Middle School
Public 6-8 • Assigned • 2.7mi
10/10
Lincoln-Way East High School
Public 9-12 • Assigned • 1.3mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Frankfort, IL • 60423
Average low and high temperatures (°F)
29
15
39
22
55
34
62
43
69
49
80
62
85
68
82
63
79
58
68
47
50
36
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$314,000 – $380,000
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