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500 Lincoln Lane

Frankfort, IL 60423

9 beds
6 baths
– sqft
15,246 sqft lot
1976 build
– on site

More homes

Don't miss this rare opportunity to own income property in Frankfort! This solid brick, well maintained four flat is the investment you have been looking for. Three of the units have two spacious bedrooms, one full bathroom, a living room and an eat-in kitchen. The fourth has three bedrooms and two full bathrooms. This unit has custom kitchen cabinets, stainless steel appliances, glass tile backsplash, soap stone counters and wood laminate flooring through out. Each unit has two wall air conditioning units, along with access to the shared coin-laundry room and a 5x4 storage closet. The full basement is equipped with a kitchenette, full bathroom, a large bedroom and a private laundry room. Huge backyard space with mature trees, a paver patio and a shared grill. There are 8 unassigned parking spaces and a 2.5 car garage. 75 gallon water heater for all units installed in 2019. Brand new boiler installed in 2023. Minutes from Downtown Frankfort, shopping, dining, and excellent schools. Schedule your appointment today!

Listing courtesy of MRED / Village Realty, Inc. as distributed by MLS GRID

Last checked: Checking… • Last updated Nov 28, 2024 •

MLS# 11957352 —

The Building

Year Built:

1976
Rebuilt:

No
New Construction:

false
Roof:

Asphalt
Basement:

Full
Foundation Details:

Concrete Perimeter
Exterior Features:

Patio, Brick Paver Patio
Other Equipment:

Water-Softener Owned, TV-Cable, Ceiling Fan(s), Sump Pump

Interior

Rooms Total:

19
Room Type:

Kitchen, Utility Room-Lower Level

Location

Directions:

Route 30 - Locust (North) - Meadow (West) - Hobby (South) - Lincoln (West) - Building
Location:

23641
Location:

28876

The Property

Parcel Number:

1909211170130000
Property Type:

Residential Income
Location:

A,O
Lot Size Dimensions:

15121
Lot Size Acres:

0.35
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Annual Amount:

12310

Beds

Bedrooms Total:

9
Bedrooms Possible:

9

Baths

Baths:

6
Full Baths:

6

The Listing

Short Sale:

Not Applicable
Special Listing Conditions:

None

Heating & Cooling

Heating:

Steam, Baseboard, Radiant, Indv Controls

Utilities

Sewer:

Public Sewer
Water Source:

Community Well

Schools

Elementary School District:

157C
Middle Or Junior School District:

157C
High School District:

210

The Community

Community Features:

Sidewalks, Street Lights, Street Paved

Parking

Parking Total:

10
Parking Features:

Unassigned
Parking Onsite:

Yes
Parking Ownership:

Owned
Garage Type:

Detached
Garage Spaces:

2
Garage Onsite:

Yes
Garage Ownership:

Owned

Extra Units

Other Structures:

Garage(s)

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/7/24 Mar 7, 2024	Sold	MRED	$590,000	-4.1%
1/24/24 Jan 24, 2024	Sold Subject To Contingencies	MRED	$615,000
1/7/24 Jan 7, 2024	Listed / Active	MRED	$615,000	33.7% (10.5% / YR)

Multifamily Sold on 3/7/2024

$590,000

Listing provided by broker:

Lauren Wronowski

Village Realty, Inc.

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Listing courtesy of MRED, Village Realty, Inc., and Lauren Wronowski as distributed by MLS GRID.

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 Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2024 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Nov 28, 2024, 06:31 pm. 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.

500 Lincoln Lane

Frankfort, IL 60423