Price change

Price cut: $5K (10/21)

$60,000

124 S Elm St, Franklin Grove, IL 61031

4beds

1,410sqft

N/A

Get pre-qualified

Single Family Residence

Built in 1901

0.35 Acres Lot

$-- Zestimate^®

$43/sqft

$-- HOA

What's special

Opportunity awaits with this 4-bedroom, 1-bath home featuring an attached 2-car tandem garage! This property is ready for a complete refresh and offers plenty of potential for investors or buyers looking to take on a renovation project. The home will require a new kitchen, additional improvements, and completion of unfinished areas before it is move-in ready. Bring your tools, creativity, and vision to transform this property into something special. A great opportunity to build equity or add to your investment portfolio!

13 days
386
23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: No additional rooms

Primary bedroom

Area: 156 Square Feet
Dimensions: 13X12

Bedroom 2

Area: 90 Square Feet
Dimensions: 10X9

Bedroom 3

Area: 100 Square Feet
Dimensions: 10X10

Bedroom 4

Area: 72 Square Feet
Dimensions: 8X9

Dining room

Area: 90 Square Feet
Dimensions: 10X9

Kitchen

Area: 210 Square Feet
Dimensions: 14X15

Living room

Area: 168 Square Feet
Dimensions: 12X14

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Features

Basement: Unfinished,Full

Interior area

Total structure area: 1,910
Total interior livable area: 1,410 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Yes, Attached, Garage
Attached garage spaces: 2

Accessibility

Accessibility features: No Disability Access

Features

Stories: 2

Lot

Size: 0.35 Acres
Dimensions: 156x99

Details

Parcel number: 06090115800500
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1901

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Services included: None

Location

Region: Franklin Grove

Financial & listing details

Price per square foot: $43/sqft
Tax assessed value: $94,623
Annual tax amount: $2,397
Date on market: 10/9/2026
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

$1,566/mo

Price history

Date	Event	Price
10/21/2026	Price change	$60,000-7.7%$43/sqft
Source: MRED as distributed by MLS GRID #12781827 Report a problem
10/9/2026	Listed for sale	$65,000+4.8%$46/sqft
Source: MRED as distributed by MLS GRID #12781827 Report a problem
5/13/2026	Sold	$62,000$44/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,081 +16.2%	$31,541 +15%
2023	$1,791 +8.7%	$27,427 +9%
2022	$1,648 -2.3%	$25,162 -1.3%
2021	$1,686	$25,483 +3%
2020	--	$24,741 +3%
2019	$1,612 +26.7%	$24,021 +5%
2018	$1,272	$22,877 +11.4%
2017	$1,272 -0.5%	$20,529
2016	$1,278 -0.8%	$20,529
2015	$1,288 -0.3%	$20,529
2014	$1,291 -15.6%	$20,529 -24.5%
2013	$1,530 -2%	$27,204 -2%
2012	$1,562 +0.9%	$27,759
2011	$1,548	$27,759

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

See how much you could borrow to make a competitive offer.

Get pre-qualified

Climate risks

Neighborhood: 61031

Getting around

45 / 100

Car-Dependent

Nearby schools

GreatSchools rating

6/10
Ashton-Franklin Center Elementary School
Grades: PK-6Distance: 0.1 mi
7/10
Ashton-Franklin Center High School
Grades: 7-12Distance: 4 mi

Schools provided by the listing agent

District: 275

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.