2829 Elder Ln Franklin Park, IL 60131
Estimated payment $2,164/month
Highlights
- Recreation Room
- Ranch Style House
- Home Office
- East Leyden High School Rated A-
- Wood Flooring
- 3-minute walk to Elder Lane Park
About This Home
Well maintained 2 bedroom 2 bath solid brick ranch in move in ready condition! The first floor features a large living room, 2 bedrooms, large updated fully applianced eat in kitchen, hardwood floors and Pella windows with built in blinds. DRY Finished basement with possible 3rd bedroom, rec room, 2nd full bath and separate large storage/utility and laundry room. Beautiful fenced yard with paver patio. DREAM GARAGE! Extended 32' depth 2.5 car ideal for a contractor with added height access also equipped with gas forced heat, sink and water heater! Move right in! This property has NEVER flooded but is located in a flood zone. Lender may require flood insurance. Seller's current annual policy is roughly $1,200.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,845
Year Built
- Built in 1957
Parking
- 2.5 Car Garage
Home Design
- Ranch Style House
- Step Ranch
- Brick Exterior Construction
Interior Spaces
- 910 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Home Office
- Recreation Room
- Lower Floor Utility Room
- Laundry Room
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
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 |
|---|---|---|---|---|
| 2025 | $6,223 | $25,001 | $5,330 | $19,671 |
| 2024 | $6,223 | $23,580 | $4,361 | $19,219 |
| 2023 | $6,838 | $23,580 | $4,361 | $19,219 |
| 2022 | $6,838 | $25,001 | $4,361 | $20,640 |
| 2021 | $4,621 | $14,997 | $3,149 | $11,848 |
| 2020 | $4,482 | $14,997 | $3,149 | $11,848 |
| 2019 | $5,410 | $19,045 | $3,149 | $15,896 |
| 2018 | $6,572 | $16,287 | $2,664 | $13,623 |
| 2017 | $7,492 | $18,838 | $2,664 | $16,174 |
| 2016 | $6,963 | $18,838 | $2,664 | $16,174 |
| 2015 | $6,171 | $15,803 | $2,422 | $13,381 |
| 2014 | $6,008 | $15,803 | $2,422 | $13,381 |
| 2013 | $5,569 | $15,803 | $2,422 | $13,381 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2025 12/27/25 | Pending | -- | -- | -- |
| 11/05/2025 11/05/25 | Price Changed | $339,900 | -2.9% | $374 / Sq Ft |
| 09/30/2025 09/30/25 | Price Changed | $349,900 | -5.4% | $385 / Sq Ft |
| 09/16/2025 09/16/25 | For Sale | $369,900 | -- | $406 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $185,000 | Premier Title | |
| Interfamily Deed Transfer | -- | Old Republic National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Trustee Deed | $86,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $181,649 | FHA | |
| Previous Owner | $99,750 | New Conventional | |
| Previous Owner | $90,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12473695
APN: 12-28-228-010-0000
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