2901 Elder Ln Franklin Park, IL 60131
Estimated payment $6,114/month
Highlights
- Hot Property
- Sauna
- Recreation Room
- Passow Elementary School Rated 10
- Landscaped Professionally
- 2-minute walk to Elder Lane Park
About This Home
Offered for the first time since it was custom built in 1971, this extraordinary Franklin Park estate presents a rare opportunity to own one of the area's most distinctive residences. Situated on a prominent corner lot with nearly 6,000 square feet of living space, this meticulously crafted home was designed for grand-scale living and entertaining. Featuring 5 spacious bedrooms and 5.1 bathrooms, the home offers a brilliant floorplan and impressive blend of timeless craftsmanship, generous room sizes, and architectural character rarely found in today's market. The dramatic entry foyer welcomes guests into a residence built without compromise, while multiple living and gathering spaces provide exceptional flexibility for both everyday living and special occasions. The resort-style indoor swimming pool and sauna create a private year-round retreat unlike anything else! Outdoors, the beautifully fenced landscaped park-like grounds feature mature trees, a serene courtyard, and expansive outdoor spaces that offer privacy and tranquility. Whether you're seeking a multigenerational home, an entertainer's dream, or simply a truly unique property with unmatched presence, this landmark residence delivers. A rare opportunity to acquire a custom-built estate that has remained in the hands of its original owner for over five decades. In today's market, the cost to acquire the land, materials, and custom construction necessary to recreate a home of this caliber would far exceed the asking price, making this an exceptional value and a truly irreplaceable offering. Preapproval required prior to showing. Home is in excellent condition but being conveyed as-is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,151
Year Built
- Built in 1971
Lot Details
- Fenced
- Landscaped Professionally
- Corner Lot
- Additional Parcels
Parking
- 2.5 Car Attached Garage
- Parking Available
- Circular Driveway
- Off Alley Parking
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 5,514 Sq Ft Home
- 2-Story Property
- Wet Bar
- Bar
- Wood Burning Fireplace
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Formal Dining Room
- Home Office
- Recreation Room
- Game Room
- Heated Sun or Florida Room
- Lower Floor Utility Room
- Storage Room
- Sauna
- Attic
Kitchen
- Oven
- Cooktop with Range Hood
- Dishwasher
- Stainless Steel Appliances
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
Laundry
- Laundry Room
- Laundry in multiple locations
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,735 | $16,316 | $5,456 | $10,860 |
| 2024 | $3,735 | $12,162 | $4,464 | $7,698 |
| 2023 | $3,854 | $12,162 | $4,464 | $7,698 |
| 2022 | $3,854 | $12,162 | $4,464 | $7,698 |
| 2021 | $3,980 | $11,547 | $3,224 | $8,323 |
| 2020 | $3,825 | $11,547 | $3,224 | $8,323 |
| 2019 | $3,945 | $12,930 | $3,224 | $9,706 |
| 2018 | $4,370 | $12,377 | $2,728 | $9,649 |
| 2017 | $4,318 | $12,377 | $2,728 | $9,649 |
| 2016 | $4,505 | $13,259 | $2,728 | $10,531 |
| 2015 | $3,951 | $11,242 | $2,480 | $8,762 |
| 2014 | $3,856 | $11,242 | $2,480 | $8,762 |
| 2013 | $3,564 | $11,242 | $2,480 | $8,762 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2026 06/16/26 | For Sale | $899,900 | -- | $163 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Old Republic National Title | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Adjustable Rate Mortgage/ARM |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12679692
APN: 12-28-220-025-0000
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Ask me questions while you tour the home.