516 Lincoln Lane Frankfort, IL
$ 510,000
Property Attributes
  • MLS#11022403
  • TypeContingent
  • CountyWILL
  • CityFrankfort
  • AreaFrankfort
  • NeighborhoodBrookside Glen
  • Zip60423
  • Style
  • Taxes10196
  • Price$ 510,000
  • Bedrooms9
  • Full Bathrooms5
  • Half Bathrooms0
Listing Provided Courtesy Of:
Always Home Real Estate Services LLC
Data Source:
Midwest Real Estate Data LLC
Property Description

Great investment opportunity! Well cared for 4 unit building located in a quiet residential area walking distance to shopping and Lincoln Way East. Building offers 3 two bedroom 1 bath units and a 3 bedroom 2 bath unit. All units currently rented. Common laundry in basement as well as extra storage for each unit. 2 parking spaces per unit. Mostly brick and some cedar exterior. Interior pictures are of the main level 3 bedroom unit. Sellers have updated carpet in main level units. Gutters in 2010, new sump pumps in 2015, coin operated washer and dryer in 2008

Elementary School Middle School High School
Grand Prairie Elementary School Hickory Creek Middle School Lincoln-Way East High School
Price History
3/18/2021 Listed $510,000

General Features

Contingency Attorney/Inspection
Elementary School Grand Prairie Elementary School
Elementary School District 157C
Heating Natural Gas, Electric, Baseboard, 2+ Sep Heating Systems
High School Lincoln-Way East High School
High School District 210
Middle/Junior High School Hickory Creek Middle School
Middle/Junior School District 157C
New Construction No
Ownership Fee Simple
Parking Features Assigned
Property Type Two to Four Units
Property Type Residential Income
Sewer Public Sewer, Sewer-Storm
Standard Status Active Under Contract
Tax Annual Amount 10196
Total Rooms 17
Township Frankfort
Zoning MULTI

Interior Features

Basement Partially Finished
Basement Partial
Bedroomspossible 9
Full Baths 5
Full Baths Building 5
Full Baths Unit 1 1
Full Baths Unit 2 1
Full Baths Unit 3 1
Full Baths Unit 4 1
Half Baths Unit 1 1
Total Baths 5
Total Bedrooms 9

Exterior Features

Exterior Brick, Cedar
Lot Dimensions 75 X 140
Total Parking 8
Water Source Public
Waterfront Y/N No

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60423

AVG $410K
AVG $8,446
AVG 86
AVG 22
Data Provided by Walkscore ® not using MLS data