$80,000
SOLD SEP 25, 2025
0 Acre
-- Price per Acre
0 Sq Ft Lot

Recently Sold

16% Below List Price

44 Days on Market

About This Lot

As of September 2025

Rare opportunity in a prime location! This flag lot features 17 feet of ingress on Pacific Street, situated between two existing homes. Just moments from charming and highly desirable downtown Frankfort. Offering a total of 0.84 acres, this property is zoned R-2, providing great potential for residential development. Don't miss your chance to build in one of the most sought-after areas in the southwest suburbs!

Last Agent to Sell the Property

Nick Oosting

Listing Leaders Northwest License #475178844 Listed on: 07/23/2025

Listing Leaders Northwest

Last Buyer's Agent

John Groebe

Coldwell Banker Realty License #471012579

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,942

Lot Details

  • Lot Dimensions are 17x126x73x306x162x206x72x125

Property Details

Property Type

Land

Est. Annual Taxes

$2,942

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Gravel
  • General Information: School Bus Service
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street, Paved
  • Waterfront: No

Utilities

  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
  • Water Source: Municipal Water

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 17X126X73X306X162X206X72X125
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Land Description: Flag Lot

Rental Info

  • Board Number: 21
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 2941.98
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2006
Sold by
Bormet Marvin E and Bormet Willa L
Bought by
Bormet Marvin E and Bormet Willa L
Current Estimated Value
$543,667
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2025 09/25/25 Sold $80,000 -15.8% --
09/05/2025 09/05/25 Pending -- -- --
08/29/2025 08/29/25 For Sale $95,000 0.0% --
08/02/2025 08/02/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $95,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,193 $124,030 $15,559 $108,471
2023 $9,193 $110,771 $13,896 $96,875
2022 $8,684 $100,894 $12,657 $88,237
2021 $7,586 $94,390 $11,841 $82,549
2020 $7,394 $91,730 $11,507 $80,223
2019 $7,153 $89,275 $11,199 $78,076
2018 $7,022 $86,708 $10,877 $75,831
2017 $7,014 $84,684 $10,623 $74,061
2016 $6,845 $81,781 $10,259 $71,522
2015 $6,669 $78,901 $9,898 $69,003
2014 $6,669 $78,352 $9,829 $68,523
2013 $6,669 $79,367 $9,956 $69,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12427988

Midwest Real Estate Data (MRED)

APN: 19-09-28-228-008