$270,000
SOLD NOV 26, 2025

2807 Elder Ln Franklin Park, IL 60131

3 Beds
2.5 Baths
735 Sq Ft
1943 Built

Recently Sold

$367 Per Sq Ft

6% Above List Price

3 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Dining Room
  • East Leyden High School Rated A-
  • Forced Air Heating and Cooling System
  • 3-minute walk to Elder Lane Park

About This Home

As of November 2025

This 3-bedroom, 2.75-bathroom home is ready for your personal touch! This property includes a full finished basement that offers additional space for storage, a workshop, or potential living areas. While the home will need some TLC to truly shine, it's a fantastic opportunity for investors, first-time homebuyers, or those looking for a project. Hardwood floors throughout. Located in Franklin Park, this home offers great potential to build equity and make it your own. AS-IS Sale! Flood insurance may be needed. Cash or Conventional only, NO FHA. HIGHEST AND BEST called for by Thursday Oct 2nd @ 12pm.

Last Agent to Sell the Property

George Medina

Realty of America License #471005598 Listed on: 09/29/2025

Realty of America

Co-Listed By

Maribel Medina

Realty of America License #475132512

Last Buyer's Agent

Malgorzata Wasik

arhome realty License #475124709

arhome realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,246

Year Built

  • Built in 1943

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,246

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1943
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 0.1996
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2246
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2025
Closed on
Oct 31, 2025
Sold by
Perez-Ayala Luis
Bought by
Hajdas Izabela
Seller's Agent
George Medina
Realty of America
Buyer's Agent
Malgorzata Wasik
arhome realty
List Price
$255,000
Sold Price
$270,000
Premium/Discount to List
$15,000
5.88%
Views
218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.76%
Original Mortgage
$175,500
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ayala Luis Perez and Perez Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wanat Ryszard
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 22, 2002
Sold by
Hud
Bought by
Wanat Ryszard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,900
Interest Rate
6.38%

Purchase Details

Closed on
Nov 13, 2001
Sold by
Sosa William D and Montalvo Yannely T
Bought by
Hud

Purchase Details

Closed on
Sep 17, 1999
Sold by
Hernandez Roberto and Hernandez Noelia
Bought by
Sosa William D and Montalvo Yannely T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,450
Interest Rate
7.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 1998
Sold by
Hernandez Roberto and Hernandez Noelia
Bought by
Hernandez Roberto and Hernandez Noelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
7.17%

Purchase Details

Closed on
Sep 22, 1995
Sold by
Siqueira Gilton and Siqueira Neuza
Bought by
Hernandez Robert and Hernandez Noelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $270,000 First American Title
Special Warranty Deed $155,000 Attorney
Sheriffs Deed -- None Available
Warranty Deed -- Stewart Title
Commissioners Deed -- --
Warranty Deed $134,000 --
Interfamily Deed Transfer -- Ticor Title
Warranty Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,500 New Conventional
Previous Owner $124,000 New Conventional
Previous Owner $152,900 No Value Available
Previous Owner $132,450 FHA
Previous Owner $127,800 No Value Available
Previous Owner $119,000 FHA
Closed $3,710 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 Sold $270,000 +5.9% $367 / Sq Ft
10/02/2025 10/02/25 Pending -- -- --
09/29/2025 09/29/25 For Sale $255,000 -- $347 / 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
2025 $2,246 $24,000 $7,825 $16,175
2024 $2,246 $22,001 $6,521 $15,480
2023 $2,401 $22,001 $6,521 $15,480
2022 $2,401 $22,001 $6,521 $15,480
2021 $2,656 $13,449 $5,216 $8,233
2020 $2,625 $13,449 $5,216 $8,233
2019 $2,672 $15,146 $5,216 $9,930
2018 $2,633 $12,800 $4,347 $8,453
2017 $5,451 $13,902 $4,347 $9,555
2016 $6,398 $17,527 $4,347 $13,180
2015 $5,906 $15,295 $3,912 $11,383
2014 $5,756 $15,295 $3,912 $11,383
2013 $3,102 $15,295 $3,912 $11,383
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12483220

Midwest Real Estate Data (MRED)

APN: 12-28-407-013-0000