22451 S 80th Ave Frankfort, IL 60423
Lakeview Estates NeighborhoodEstimated payment $6,205/month
Highlights
- Second Kitchen
- 9.89 Acre Lot
- Sun or Florida Room
- Chelsea Intermediate School Rated A
- Property is near a forest
- Formal Dining Room
About This Home
This 9.89-acre parcel, zoned R-2, an ideal site for development. Located in a prime area surrounded by upscale residential subdivisions, this presents a rare opportunity. The property includes a farmhouse with recent upgrades, sold as-is. Note: The property is large please plan accordingly to allow proper timing while touring the property. Important: Horses are not permitted within the Village of Frankfort
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,530
Lot Details
- 9.89 Acre Lot
- Lot Dimensions are 1000x300x1032x700
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Frame Construction
Interior Spaces
- 2,208 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Sun or Florida Room
- Partial Basement
- Second Kitchen
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- No Cooling
- Baseboard Heating
- Heating System Uses Steam
- Shared Well
- Well
Additional Features
- Property is near a forest
- Grain Storage
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,051 | $139,485 | $103,180 | $36,305 |
| 2023 | $11,051 | $124,551 | $92,091 | $32,460 |
| 2022 | $9,623 | $113,387 | $83,791 | $29,596 |
| 2021 | $9,095 | $105,982 | $78,272 | $27,710 |
| 2020 | $8,871 | $102,855 | $75,916 | $26,939 |
| 2019 | $8,587 | $99,970 | $73,743 | $26,227 |
| 2018 | $8,438 | $96,977 | $71,494 | $25,483 |
| 2017 | $8,433 | $94,600 | $69,704 | $24,896 |
| 2016 | $8,243 | $91,259 | $67,205 | $24,054 |
| 2015 | $7,924 | $87,956 | $64,737 | $23,219 |
| 2014 | $7,924 | $87,270 | $64,210 | $23,060 |
| 2013 | $7,924 | $88,387 | $65,032 | $23,355 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | For Sale | $1,000,000 | +334.8% | $453 / Sq Ft |
| 02/16/2021 02/16/21 | Sold | $230,000 | 0.0% | -- |
| 01/02/2021 01/02/21 | Pending | -- | -- | -- |
| 12/23/2020 12/23/20 | Price Changed | $230,000 | -36.1% | -- |
| 10/05/2020 10/05/20 | For Sale | $359,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | None Available | |
| Deed | $162,000 | Chicago Title Insurance Co | |
| Warranty Deed | -- | -- | |
| Trustee Deed | -- | -- | |
| Trustee Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $211,600 | New Conventional | |
| Previous Owner | $240,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $340,000 | Construction | |
| Previous Owner | $428,500 | Construction | |
| Previous Owner | $2,800,000 | Construction | |
| Previous Owner | $1,413,393 | Construction | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12322476
APN: 19-09-36-100-009
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