$350,000
$50K PRICE DROP

311 E Franklin Ave La Grange, IL 60525

Estimated payment $2,371/month

Total Views 48,006
0 Acre
-- Price per Acre
0 Sq Ft Lot

Highlights

  • Central Air
  • Cossitt Avenue Elementary School Rated A
  • Heating System Uses Steam

About This Lot

Exceptional buildable lot in highly sought-after downtown La Grange. This 50X134 lot(2 PINs) with alley access is perfect for custom new construction, this premium parcel is ideally situated near upscale dining, boutique shopping, and commuter train access. A unique chance to create a luxury residence in one of the western suburbs' most desirable communities. Access to existing home is not currently allowed. Drive-by only. Contact listing agent, prior to walking the lot.

Listing Agent

Larry Reedy

L.W. Reedy Real Estate License #471004409 Listed on: 04/14/2026

L.W. Reedy Real Estate

Co-Listing Agent

Jack Disimone

L.W. Reedy Real Estate License #475120842

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,764

Lot Details

  • Lot Dimensions are 50x134
  • Additional Parcels

Basement

  • Crawl Space

Schools

  • Lyons Twp High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Electricity To Lot Line

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$5,764

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt, Concrete
  • General Information: None
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: Crawl Space
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Heating: Steam
  • Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
  • Water Source: Municipal Water

Schools

  • High School: Lyons Twp High School

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50X134
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 5763.94
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $612 $2,467 $2,161 $306
2024 $612 $2,467 $2,161 $306
2023 $651 $2,467 $2,161 $306
2022 $651 $2,218 $1,912 $306
2021 $625 $2,217 $1,911 $306
2020 $612 $2,217 $1,911 $306
2019 $566 $2,051 $1,745 $306
2018 $555 $2,051 $1,745 $306
2017 $540 $2,051 $1,745 $306
2016 $527 $1,802 $1,496 $306
2015 $493 $1,802 $1,496 $306
2014 $485 $1,802 $1,496 $306
2013 $476 $1,802 $1,496 $306
Source: Public Records

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
06/03/2026 06/03/26 Price Changed $350,000 -12.5% --
04/14/2026 04/14/26 For Sale $400,000 -- --
Source: Midwest Real Estate Data (MRED)

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
Warranty Deed $29,000 None Listed On Document
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12618216

Midwest Real Estate Data (MRED)

APN: 18-04-224-018-0000

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