Sold272d on market

223 Oak St

Frankfort, IL, 60423 • 60423 • Will County

$350,000

0.33 acLot

This home is getting attention

Listed 272 days ago · 12 views

Market activity

Demand and pricing signals for this listing

12 views

People checking out this listing

272 days on market

Established listing

Selling Soon Prediction

High

This home ranks in the top 15% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Lot

VACANT RESIDENTIAL LOT - RARE OPPORTUNITY TO BUILD YOUR DREAM HOME ON THIS "DOWNTOWN" LOT in "HISTORIC" FRANKFORT This Site is Ready to Build on - Be Right in the Heart of Downtown - Enjoy the "1890's Frankfort Charm" with Local Dining- Shopping Breidert Green - Music Festivals - Frankfort Fall Fest - The Grainery- Plank Trail Nature Path- Frankfort Founders Place- Frankfort Main Park - 4th of July Fireworks! So much to do here- Great Frankfort & Lincoln Way East HS - TIME TO MAKE YOUR DREAM HOME A REALITY!!! - Do not Miss Out! UTILITIES TO SITE - VILLAGE WATER & VILLAGE SEWER - 75' Wide x 194" Deep - Survey & Grading Plan Available in Additional Info Tab

Standout features identified

Our analysis highlights village water and utilities to site as key attractions of this home.

Estimated monthly payment

Based on current rates

$2,182/month

Principal & Interest$1,716

Property Tax$350

Insurance$117

Down payment20% ($70,000)

3%50%

Est. 6.20% rate · 30yr fixed · $280,000 loan

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At a glance

Key facts and listing details

Property

Home typeLot

Sub-typeUnimproved Land

Parking & Outdoor

BasementNone

Lot0.33 Acres

Location & Tax

Neighborhood60423

Annual tax$7,111

Parcel1909282260050000

Features & details

1 category of property features

Exterior Features

Utilities

Electricity Available

Natural Gas Nearby

Sewer Connected

Water Available

Listing insights

Market data and value estimates

StatusSold

Days on market272

Est. value$350,200

Est. rent$2,334/mo

Tax rate2.17%

On marketMay 8, 2025

PostedMay 8, 2025

Last sold$350,000

MLS statusClosed

MLS updatedJul 12, 2025

Tour days6

How are the schools in Frankfort?

3 schools rated nearby

N/A

Grand Prairie Elementary School

Primary • Public • PK-2

1.1 mi

Hickory Creek Middle School

Middle • Public • 6-8

2.6 mi

Lincoln-Way East High School

High • Public • 9-12

1.3 mi

Location

Frankfort, IL, 60423

Expand map

Price history

3 events

DateEventPrice$/sqftSource

Jul 10, 2025Sold$350,000—MRED as distributed by MLS GRID

May 15, 2025Contingent$420,000—MRED as distributed by MLS GRID

May 8, 2025Listed For Sale$420,000—MRED as distributed by MLS GRID

Sold$350,000

Jul 10, 2025•MRED as distributed by MLS GRID

Contingent$420,000

May 15, 2025•MRED as distributed by MLS GRID

Listed For Sale$420,000

May 8, 2025•MRED as distributed by MLS GRID

Tax history

24 years of records

YearTax paidAssessed value

Apr 9, 2023$6,629$94,447

Apr 9, 2022$6,367$86,025

Apr 9, 2021$5,963$80,480

Apr 9, 2020$5,797$78,212

Apr 9, 2019$5,593$76,118

Apr 9, 2018$5,475$73,930

Apr 9, 2017$5,456$72,204

Apr 9, 2016$5,305$69,728

Apr 9, 2015$5,144$67,272

Apr 9, 2014$5,144$66,804

Apr 9, 2013$5,081$67,670

Apr 9, 2012$5,201$71,231

Apr 9, 2011$5,254$74,980

Apr 9, 2010$5,908$87,025

Apr 9, 2009$4,659$74,648

Apr 9, 2008$3,324$56,813

Apr 9, 2007—$57,399

Apr 9, 2006$3,201$53,394

Apr 9, 2005$3,046$49,248

Apr 9, 2004$2,820$45,600

Apr 9, 2003$2,866$43,379

Apr 9, 2002$2,607$40,211

Apr 9, 2001$2,602$39,473

Apr 9, 2000$2,442$37,593

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Recently Sold

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218 Ash St, Frankfort, IL

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Off Market

$792,800

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Neighborhood details

Local context around this listing

Frankfort, IL • Will County

Nearby neighborhoods

Frankfort SquarePrestwick

Nearby cities

BolingbrookFrankfortJolietLockportMokenaNapervilleNew LenoxPlainfield

Nearby zip codes

60423

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Value estimates

Live

Est. value$350,200

Est. rent$2,334/mo

30yr rate est.6.20%

Affordability$2,472/mo

Accepted financing

Conventional

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Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)

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