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  • $365,000

    1584 State Route 38, Franklin Grove, IL 61031

    5beds
    3,600sqft
    Single Family Residence
    Built in 1983
    7.3 Acres Lot
    $365,300 Zestimate®
    $101/sqft
    $3,262 Estimated rent

    Home value

    $365,300

    Estimated sales range

    Not available

    $3,262/mo

    Zestimate® history
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    What's special

    Primary suiteTasteful updatesPartially fenced pastureBeautiful lake frontageAttached two-car garageNeutral decorSurrounded by mature trees
    Welcome to your own private countryside retreat! Nestled on 7.3 picturesque acres just outside of town, this exceptional property offers the perfect blend of rural living, recreation, and everyday convenience-with the added benefit of lower out-of-town taxes. Surrounded by mature trees and featuring beautiful lake frontage, this property is a rare opportunity for those seeking space to spread out, enjoy nature, or create a hobby farm lifestyle. The partially fenced pasture provides room for animals, gardening, or outdoor pursuits, while the lake offers a peaceful backdrop for fishing, kayaking, or simply enjoying the view. The spacious home offers approximately 3,600 square feet of living space with a flexible floor plan featuring up to five bedrooms and three bathrooms. Inside, you'll find neutral decor, tasteful updates, and generous living areas designed for both entertaining and comfortable everyday living. The impressive sunken living room showcases a striking stone fireplace that serves as the heart of the home, while the primary suite features a walk-in shower for added comfort and convenience. A dedicated hot tub room creates the perfect space to relax year-round. Outside, the possibilities continue with an attached two-car garage, whole-house generator, and 73' x 31' outbuilding complete with three overhead doors-ideal for storing equipment, recreational vehicles, boats, workshop space, or pursuing your favorite hobbies. Whether you're dreaming of living off the land, enjoying waterfront recreation, or simply escaping the hustle and bustle without sacrificing convenience, this unique property offers the lifestyle you've been searching for.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shawney Evans 815-973-0383,

    Sauk Valley Properties LLC

    Bought with:

    Kimberly Lancaste

    Weichert REALTORS Signature Professionals

    Source: MRED as distributed by MLS GRID,MLS#: 12594278MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Other Room, Bedroom 5, Office, Mud Room
    Primary bedroom
    • Features: Bathroom (Full)
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 11X16
    Bedroom 2
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Bedroom 3
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 11X15
    Bedroom 4
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11X11
    Bedroom 5
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14X13
    Dining room
    • Level: Main
    • Dimensions: COMBO
    Family room
    • Level: Main
    • Area: 560 Square Feet
    • Dimensions: 28X20
    Kitchen
    • Level: Main
    • Area: 190 Square Feet
    • Dimensions: 19X10
    Laundry
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11X8
    Living room
    • Level: Main
    • Area: 520 Square Feet
    • Dimensions: 20X26
    Mud room
    • Level: Main
    • Area: 153 Square Feet
    • Dimensions: 17X9
    Office
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Other
    • Level: Main
    • Area: 324 Square Feet
    • Dimensions: 27X12
    Heating
    • Electric, Propane
    Cooling
    • Central Air
    Appliances
    • Laundry: Main Level
    Features
    • 1st Floor Bedroom, Separate Dining Room
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Living Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Gravel, Yes, Attached, Garage
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    • Has spa: Yes
    • Spa features: Indoor Hot Tub
    • Has view: Yes
    • View description: Front of Property
    • Has water view: Yes
    • Water view: Front of Property
    • Waterfront features: Lake Front
    Lot
    • Size: 7.3 Acres
    • Dimensions: 283x930x1223
    • Features: Mature Trees, Pasture
    Details
    • Additional structures: Outbuilding
    • Parcel number: 06090320000300
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Other
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    HOA
    • Services included: None
    Location
    • Region: Franklin Grove

    Financial & listing details

    • Price per square foot: $101/sqft
    • Tax assessed value: $299,904
    • Annual tax amount: $6,586
    • Date on market: 6/6/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/6/2026Sold$365,000-3.7%$101/sqft
    Source: MRED as distributed by MLS GRID #12594278 Report a problem
    6/26/2026Contingent$379,000$105/sqft
    Source: MRED as distributed by MLS GRID #12594278 Report a problem
    6/19/2026Price change$379,000-5.2%$105/sqft
    Source: MRED as distributed by MLS GRID #12594278 Report a problem
    6/6/2026Listed for sale$399,900$111/sqft
    Source: MRED as distributed by MLS GRID #12594278 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,586 +15.1%$99,968 +15%
    2023$5,724 +7.4%$86,928 +9%
    2022$5,330 +0.7%$79,751 +1.7%
    2021$5,291 $78,411 +3%
    2020-- $76,127 +3%
    2019$5,106 +4.6%$73,910 +5%
    2018$4,883 $70,390 -3.2%
    2017$4,883 -0.6%$72,711
    2016$4,913 -1.1%$72,711
    2015$4,965 -0.4%$72,711
    2014$4,983 -13.8%$72,711 -8.9%
    2013$5,782 -11.2%$79,838 -11.7%
    2011$6,509 $90,382
    Find assessor info on the county website

    Neighborhood: 61031

    Nearby schools

    GreatSchools rating
    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.

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