NOT LISTED FOR SALE

25442 S 88th Ave Frankfort, IL 60423

Estimated Value: $414,000 - $567,000

3 Beds
3 Baths
2,683 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $380,000 $142 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,281/month

32 Days on Market

Highlights

  • Horses Allowed On Property
  • Mature Trees
  • Raised Ranch Architecture
  • Multiple Garages
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of August 2023

Buyers loss is your gain. Welcome to this charming 5-acre single-family home in unincorporated Frankfort that offers a perfect blend of serenity and comfort. Nestled within a picturesque landscape, this property provides ample space for you to unwind and enjoy the beauty of nature. With 3 bedrooms and 3 bathrooms, this home is designed to accommodate all your needs. The walkout basement features a finished area, bathroom as well as an additional unfinished space that would make the perfect indoor workshop or crafting space. The spacious living area is bathed in natural light, creating a cozy atmosphere for relaxation or entertaining guests. The well-appointed kitchen features plenty of counter space, and storage cabinets to satisfy your culinary desires. Wake up to stunning views of the surrounding countryside and start your day feeling refreshed. As you explore the exterior, you'll discover the true beauty of this property. The expansive 5-acre lot provides ample space for outdoor activities, from gardening to creating your own recreational area. Featuring a detached 2.5 car garage and also an additional out building. Don't miss the opportunity to make this 5-acre single-family home your own. Experience the joys of country living with all the modern comforts you desire. Schedule a showing today and discover the endless possibilities this property has to offer!

Last Agent to Sell the Property

Jamie Lemmons-Svoboda

Keller Williams Preferred Rlty License #475162394 Listed on: 06/21/2023

Keller Williams Preferred Rlty

Last Buyer's Agent

Christine Wilczek & Jason Bacza

Realty Executives Elite License #471013023

Realty Executives Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,197

Year Built

  • Built in 1976

Lot Details

  • 5 Acre Lot
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 3.5 Car Detached Garage
  • Multiple Garages
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,683 Sq Ft Home
  • Beamed Ceilings
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Workshop
  • Partially Carpeted
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Outdoor Features

  • Patio
  • Outbuilding

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,197

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s), Beamed Ceilings, Some Carpeting, Workshop Area (Interior)
  • LivingArea: 2683
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 2683
  • Basement Description: Finished,Exterior Access,Rec/Family Area,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2683
  • Total Sq Ft: 3344
  • Main Level Sq Ft: 1747
  • Lower Level Sq Ft: 936
  • Unfinished Lower Sq Ft: 661
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 400000
  • Lot Features: Horses Allowed, Wooded, Mature Trees
  • OtherStructures: Outbuilding, Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Wood Siding

Garage/Parking

  • Garage Spaces: 3.5
  • Parking Features: Driveway, Circular Driveway
  • ParkingTotal: 10
  • Number of Cars: 13.5
  • Driveway: Gravel
  • Garage Details: Garage Door Opener(s),Transmitter(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air, Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 207U

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5
  • Lot Dimensions: 217800
  • Rural (Y/N): Y
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6197.18
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 25, 2023
Sold by
Trust Number 9731
Bought by
Mulka Joshua
Seller's Agent
Jamie Lemmons-Svoboda
Keller Williams Preferred Rlty
Buyer's Agent
Christine Wilczek & Jason Bacza
Realty Executives Elite
List Price
$425,000
Sold Price
$380,000
Premium/Discount to List
-$45,000
-10.59%
Views
306
Current Estimated Value
$476,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,432
Avg. Annual Appreciation
12.78%
Original Mortgage
$150,000
Outstanding Balance
$147,490
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$328,942
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 Buyer Sale Price Title Company
Mulka Joshua $380,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulka Joshua $150,000
Previous Owner Chicago Title Land Trust Company $25,000
Previous Owner Chicago Title Land Trust Company $174,306
Previous Owner Chicago Title Land Trust Company $241,000
Previous Owner Chicago Title Land Trust Co $240,000
Previous Owner Chicago Title Land Trust Co $70,000
Previous Owner Fifth Third Bank $240,000
Previous Owner Fifth Third Bank $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $380,000 -5.0% $142 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $400,000 -5.9% $149 / Sq Ft
07/11/2023 07/11/23 For Sale $425,000 0.0% $158 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $425,000 -- $158 / 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 $7,791 $132,875 $41,898 $90,977
2022 $6,452 $120,336 $37,944 $82,392
2021 $6,197 $111,941 $35,297 $76,644
2020 $6,178 $109,499 $34,527 $74,972
2019 $6,416 $107,987 $34,050 $73,937
2018 $6,728 $105,869 $33,382 $72,487
2017 $6,569 $103,237 $32,552 $70,685
2016 $6,605 $103,237 $32,552 $70,685
2015 $6,155 $100,230 $31,604 $68,626
2014 $6,155 $98,264 $30,984 $67,280
2013 $6,155 $98,264 $30,984 $67,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11813280

Midwest Real Estate Data (MRED)

APN: 13-15-400-004