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2707 Elder Ln, Franklin Park, IL, 60131

$398,900

Home List Price

$4,737*

Closing Credit

3 Bedrooms
2 Full Baths
1,800 SqFt
$222/SqFt
House
Schools Nearby

Location

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2707 Elder Ln, Franklin Park$398,900

Buyer Closing Credits

$4,737*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1944
HeatingElectric, Forced Air
CoolingCentral Air
BasementYes
WaterfrontFencing
MLS #11997667
Lot Size0.15 Acres
StatusActive

About 2707 Elder Ln

Summer living is here! Enjoy each summer in your heated pool and hot tub in a beautifully landscaped private yard in this south Franklin Park home. Close to parks and schools, this home boasts 3 plus 1 bedrooms or office space, a large master bedroom with a walk-in closet, living room, dining room, loft, 2 newly remodeled bathrooms, beautiful kitchen with stainless steel appliances and granite countertops, a lower level finished flex room and laundry area with abundant storage. Your large private backyard includes a 2 1/2 car garage with freezer, pool, hot tub, and covered deck with electric. Perennial plants will fill your yard with color each summer!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1944
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: Circle One Realty
  • Office Phone: (630) 528-2300
  • Listing Agent: Ryan Cherney

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Yes
  • Interior: Bar-Dry, Hardwood Floors, First Floor Bedroom, First Floor Full Bath

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Deck, Patio, Hot Tub, In Ground Pool

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • East Leyden High School, Public District Grades 9-12
  • Hester Jr High School, Public District Grades 6-8
  • Dan H Pietrini Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Mannheim Road and Grand Ave. Grand Ave East, 2 blocks East of Scott Street to Elder Lane, Turn South to house

Price Information

Listing Price Info

Price Summary:

  • List Price: $398,900
  • Price Per SqFt: $222/SqFt

Tax Information:

  • Annual Amount: $5,581
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Franklin Park, IL.

Med. Sold Price

$300K

Med. Price/SqFt

$232

Avg. Days On Market

30

# of Sold Homes

14

2707 Elder Ln vs Franklin Park

52 DAYS ON ROCKET

+22 Days

$398,900

+$98.9K More

$222/SqFt

-$10 Less

KEY TAKEAWAY

This property is $98.9K more than the Median Sold Price and $10/SqFt less than other homes in Franklin Park, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11997667

Listing Office:

  • Office Name: Circle One Realty
  • Office Phone: (630) 528-2300
  • Listing Agent: Ryan Cherney

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$5,581$19,700
2018$5,694$17,745
2017$5,634$17,745

History based on county public records data.

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$2,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,262

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1483060
7
/10
  • Dan H Pietrini Elementary School

  • 9750 Fullerton Ave

  • 0.37 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1483061
5
/10
  • Hester Jr High School

  • 2836 Gustav St

  • 0.25 miles

  • Public District Grades 6-8

High School

school-card-donut-1483062
4
/10
  • East Leyden High School

  • 3400 Rose St

  • 0.95 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,229. Most Franklin Park, IL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2707 Elder Ln

What is the listing price of this property?

The listing price of 2707 Elder Ln property is $398,900.

What type of property is this?

The property 2707 Elder Ln is a house located in Franklin Park, Illinois, 60131.

Is this property for sale now?

Active Listing: 2707 Elder Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2707 Elder Ln are:
Dan H Pietrini Elementary School: GreatSchools Rating 7/10
Hester Jr High School: GreatSchools Rating 5/10
East Leyden High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $5,581 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2707 Elder Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2707 Elder Ln is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2707 Elder Ln is 1944.

Rocket Homes›Illinois›Cook County›Franklin Park›60131›2707 Elder Ln

This home is located at 2707 Elder Ln in Franklin Park, IL and zip code 60131. This 1,800 square foot home, which was built in 1944, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $398,900.

While more than 5 listings in Franklin Park, IL in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 7 were sold below. The number of homes for sale in Franklin Park, IL increased by 16.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 30 days, the median list price was $300,000.

From Rocket Homes Real Estate and based on county public records data.

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