NOT LISTED FOR SALE

3516 Elder Ln Franklin Park, IL 60131

Franklin Park Area

Estimated Value: $234,953 - $408,000

3 Beds
1.5 Baths
1,400 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: March 27, 2026

Last sale price $415,000 $296 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $1,880 / mo

4 Days on Market

Highlights

  • Engineered Wood Flooring
  • Whirlpool Bathtub
  • Lower Floor Utility Room
  • East Leyden High School Rated A-
  • Granite Countertops
  • 4-minute walk to Ruby Addison Park

About This Home

As of March 2026

Partially rehabbed and partially new-construction home featuring a brand-new second story, new roof, siding, gutters, and more. Be the first to enjoy the fresh updates-new walls, new floors, and a clean, modern feel throughout. Great location near parks, East Leyden High School, the ice skating rink, and convenient access to major highways.

Last Agent to Sell the Property

Ewa Malinowski

EHomes Realty, Ltd License #475146837 Listed on: 02/24/2026

Last Buyer's Agent

Laura Majikes

Coldwell Banker Realty License #475129700

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,928

Year Built

  • Built in 1927 | Remodeled in 2026

Lot Details

  • Additional Parcels

Parking

  • 1 Car Detached Garage
  • Parking Available
  • Alley Access
  • Garage Door Opener
  • Off Alley Parking

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Lower Floor Utility Room
  • Engineered Wood Flooring
  • Sump Pump
  • Carbon Monoxide Detectors

Kitchen

  • Gas Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Mirrored Closets Doors
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Gas Dryer Hookup

Schools

  • East Leyden High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water
  • ENERGY STAR Qualified Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,928

Year Built

Built in 1927 | Remodeled in 2026

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1927
  • Age: 91-100 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): Yes
  • Rehab Year: 2026
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2026

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Range Hood, Gas Oven
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Mirrored Closet Door(s), Sliding Doors, Sliding Glass Door(s)
  • Interior Amenities: Walk-In Closet(s), Granite Counters, Pantry, Quartz Counters
  • LivingArea: 1400
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Utility Room-Lower Level
  • Window Features: Window Treatments, Drapes, Blinds
  • Estimated Total Finished Sq Ft: 1400
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Square Footage Comments: Square footage is estimated. Buyer to verify.
  • Total Sq Ft: 1400
  • Flooring: Engineered Hardwood

Exterior Features

  • Construction Materials: Vinyl Siding, Combination
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Yes, Detached, Off Alley, Alley Access, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • High School: East Leyden High School

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 6
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Green Features

  • GreenEnergyEfficient: Water Heater

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6928.13
  • Tax Year: 2023

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2026
Closed on
Mar 23, 2026
Sold by
Bought by
Seller's Agent
Ewa Malinowski
EHomes Realty, Ltd
Buyer's Agent
Laura Majikes
Coldwell Banker Realty
List Price
$385,000
Sold Price
$415,000
Premium/Discount to List
$30,000
7.79%
Views
102
Current Estimated Value
$324,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,512
Avg. Annual Appreciation
-52.55%
Original Mortgage
$290,000
Interest Rate
0.0599%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2024
Closed on
Jan 7, 2025
Sold by
Bought by
Seller's Agent
Andy Olszowka
Troy Realty Ltd
Buyer's Agent
Ewa Malinowski
EHomes Realty, Ltd
List Price
$159,000
Sold Price
$160,711
Premium/Discount to List
$1,711
1.08%
Views
170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.03%

Purchase Details

Closed on
Oct 29, 2024
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 Buyer Sale Price Title Company
$405,000 First American Title Insurance
$161,000 None Listed On Document
$83,500 None Listed On Document
Source: Public Records

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 Borrower Loan Amount
Open $290,000
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 Prior Sale
03/27/2026 03/27/26 Sold $415,000 +4.0% $296 / Sq Ft
02/28/2026 02/28/26 Pending -- -- --
02/28/2026 02/28/26 Price Changed $399,000 +3.6% $285 / Sq Ft
02/24/2026 02/24/26 For Sale $385,000 +139.6% $275 / Sq Ft
01/08/2025 01/08/25 Sold $160,711 +1.1% $161 / Sq Ft View Prior Sale
11/11/2024 11/11/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $159,000 -1.1% $159 / Sq Ft
10/30/2024 10/30/24 Off Market $160,711 -- --
10/28/2024 10/28/24 For Sale $159,000 -- $159 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,345 $5,269 $3,410 $1,859
2024 $1,345 $4,381 $2,790 $1,591
2023 $1,388 $4,381 $2,790 $1,591
2022 $1,388 $4,381 $2,790 $1,591
2021 $1,274 $3,217 $2,015 $1,202
2020 $1,212 $3,217 $2,015 $1,202
2019 $1,187 $3,426 $2,015 $1,411
2018 $1,121 $2,779 $1,705 $1,074
2017 $1,105 $2,779 $1,705 $1,074
2016 $1,027 $2,779 $1,705 $1,074
2015 $989 $2,534 $1,550 $984
2014 $963 $2,534 $1,550 $984
2013 $893 $2,534 $1,550 $984
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2026

    Ewa Malinowski

    EHomes Realty, Ltd

    (773) 392-5741

    12 Total Sales

    Ewa Malinowski
    Section Image

  • L

    Buyer's Agent in 2026

    Laura Majikes

    Coldwell Banker Realty

    (847) 908-4629

    55 Total Sales

    Laura Majikes
    Section Image
  • Andy Olszowka

    Seller's Agent in 2025

    Andy Olszowka

    Troy Realty Ltd

    (773) 447-4767

    31 Total Sales

    Andy Olszowka
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12575717

Midwest Real Estate Data (MRED)

APN: 12-21-401-037-0000

Illinois Cook County Franklin Park 60131

3516 Elder Ln, Franklin Park, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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