$160,000
SOLD MAR 31, 2025

20224 S Frankfort Square Rd Unit L Frankfort, IL 60423

Frankfort Square Neighborhood
2 Beds
1 Bath
877 Sq Ft
$155/mo HOA Fee

Recently Sold

$182 Per Sq Ft

7% Above List Price

4 Days on Market

Highlights

  • Living Room
  • Resident Manager or Management On Site
  • Storage Room
  • Summit Hill Junior High School Rated A-
  • Laundry Room
  • 5-minute walk to Frankfort Square Community Park

About This Home

As of March 2025

Move in ready 2b/1b condo in a great location! Live in the Summit Hill and Lincoln-Way East School Districts and enjoy parks, walking trails, and community amenities all within walking distance. This top floor, updated unit offers an eat in kitchen and in-unit laundry. There's nothing to do but move in and enjoy, the unit is updated with LVP flooring in the living space, carpet in the bedrooms, updated kitchen and appliances, newer windows and sliding door to balcony. Low taxes and Low HOA costs. Pets and rentals are allowed. MULTIPLE OFFERS RECEIVED, H&B DUE 2/20 BY 7PM.

Last Agent to Sell the Property

Susan Romano

Berkshire Hathaway HomeServices Chicago License #475156661 Listed on: 02/17/2025

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Kimberly Cardilli

Redfin Corporation License #475194916

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,535

Year Built

  • Built in 1985

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 877 Sq Ft Home
  • 3-Story Property
  • Replacement Windows
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Summit Hill Junior High School
  • Lincoln-Way East High School

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger, snow removal
  • 12 Units
  • Bay Properties Association, Phone Number (708) 974-4900
  • Property managed by Bay Properties

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Coin Laundry
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,535

Year Built

Built in 1985

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit, Replacement Windows
  • LivingArea: 877
  • Room Type: Storage
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 877
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 877
  • Total Sq Ft: 877
  • Main Level Sq Ft: 877
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 150000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Electric, Baseboard
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 155
  • Association Amenities: Coin Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Bay Properties
  • Management Contact Name: Bay Properties
  • Management Phone: 708-974-4900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • High School: Lincoln-Way East High School
  • Middle/Junior School: Summit Hill Junior High School
  • Middle/Junior School District: 161

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2535.24
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Mar 6, 2025
Sold by
Casey Anne F and Casey Matthew C
Bought by
Demiri Valbona
Seller's Agent
Susan Romano
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Kimberly Cardilli
Redfin Corporation
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Total Days on Market
4
Views
77
Current Estimated Value
$159,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$200
Avg. Annual Appreciation
-0.39%
Original Mortgage
$128,000
Outstanding Balance
$127,884
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$31,916

Purchase Details

Closed on
Nov 2, 2022
Sold by
Burcenski-Champoux Cheryl
Bought by
Casey Matthew C and Griffiths Anne F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2021
Closed on
Jul 27, 2021
Sold by
Kain Brandon M and Lutwyche Laura L
Bought by
Burcenski Champoux Cheyrl
Seller's Agent
Jeff Abbott
@properties Christie's International Real Estate
Buyer's Agent
Judy Howard
CRIS Realty
List Price
$109,900
Sold Price
$110,000
Premium/Discount to List
$100
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
Oct 2, 2006
Sold by
Pehr Matthew E
Bought by
Kain Brandon M and Lutwche Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 2, 2005
Sold by
Galloway Rita
Bought by
Pehr Matthew E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 14, 2001
Sold by
Pellegrini Brenda A
Bought by
Calloway Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1997
Sold by
Krzeminski Mark and Krzeminski Kimberly A
Bought by
Pellegrini Brenda A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Warranty Deed $160,000 Fidelity National Title
Warranty Deed $140,000 Citywide Title
Warranty Deed $110,000 Chicago Title
Warranty Deed $106,000 Stewart Title Company
Warranty Deed $83,000 Chicago Title Insurance Comp
Warranty Deed $76,500 --
Warranty Deed $67,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,000 New Conventional
Previous Owner $133,000 New Conventional
Previous Owner $33,000 Unknown
Previous Owner $86,000 Unknown
Previous Owner $74,800 Purchase Money Mortgage
Previous Owner $66,400 Fannie Mae Freddie Mac
Previous Owner $55,000 Purchase Money Mortgage
Closed $6,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $160,000 +6.7% $182 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $150,000 +36.4% $171 / Sq Ft
08/04/2021 08/04/21 Sold $110,000 +0.1% $125 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/18/2021 07/18/21 For Sale $109,900 -- $125 / Sq Ft
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
2023 $2,685 $35,579 $697 $34,882
2022 $2,411 $32,407 $635 $31,772
2021 $2,234 $30,318 $594 $29,724
2020 $2,188 $29,463 $577 $28,886
2019 $2,104 $28,675 $562 $28,113
2018 $2,015 $27,851 $546 $27,305
2017 $1,962 $27,201 $533 $26,668
2016 $1,887 $26,269 $515 $25,754
2015 $1,755 $25,344 $497 $24,847
2014 $1,755 $25,168 $494 $24,674
2013 $1,755 $25,494 $1,986 $23,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12292397

Midwest Real Estate Data (MRED)

APN: 19-09-13-126-016-1012