Welcome to this luxury townhome in highly sought-after Prairie Creek Townhomes, offering the perfect blend of elegance, comfort, and space. Situated on a prime lot with a scenic pond edged with reeds, this home provides breathtaking views from almost every room and a private, tranquil setting to enjoy outdoors from the kitchen deck or walk-out basement. Stunning 3 bedroom, 3.5 bath layout features a highly desired main level master suite with serene views, dual custom closets, and a spa-like bath with whirlpool tub, separate shower, and dual sinks. Dramatic two-story great room with hardwood floors, custom fireplace, and floor-to-ceiling windows that flood the space with natural light. Gourmet kitchen boasts newer stainless steel appliances, granite counters, and backsplash, flowing into the elegant dining room with built-in custom buffet with quartz top and glass soft-close doors that complements the dining room table that owners are willing to leave with the home. Finished walk-out basement is an entertainer's dream-complete with a gorgeous dry bar, granite counters, recreation room, newer carpet, full bath, and direct access to the 3 season screened porch overlooking the pond, the perfect spot to relax, unwind, and sip your morning coffee or read book. Upper level features a bright loft ideal for office space plus two spacious bedrooms with an updated Jack & Jill bath. Additional highlights: main level powder room with updated vanity, main level laundry, updated granite vanities, water boiler (2024), roof (2023), driveway (2025), HVAC (2010), and no special assessments! Property backs directly to the pond with fishing, trails, and natural beauty. Extras include washer/dryer (2023), reverse osmosis system, alarm, smart soft-close garage door with backup battery, beverage fridge, sump pump, and sprinkler system. Excellent proximity to walking trails, Frankfort schools, great shopping and restaurants, I-80 Expressway, and all the AWESOME events and nightlife that Downtown Frankfort offers year-round!
Closed
$550,000
20408 Fallingwater Cir, Frankfort, IL 60423
3beds
3,498sqft
Townhouse, Single Family Residence
Built in 2006
2,720 Square Feet Lot
$580,300 Zestimate®
$157/sqft
$3,840 Estimated rent
Home value
$580,300
$545,000 - $615,000
$3,840/mo
Zestimate® history
Owner options
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List your homeWhat's special
Custom fireplaceScenic pondFloor-to-ceiling windowsBreathtaking viewsSerene viewsSpa-like bathDry bar
Zillow last checked:
Listing updated:
Listing courtesy of:
Kinga Korpacz, ABR,BPOR,CRS,E-PRO,GRI,RSPS,SFR,SRS (773)250-7410,
Exit Realty Redefined
Bought with:
Kinga Korpacz, ABR,BPOR,CRS,E-PRO,GRI,RSPS,SFR,SRS
Exit Realty Redefined
Source: MRED as distributed by MLS GRID,MLS#: 12460617
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: Flooring (Carpet), Window Treatments (Blinds), Bathroom (Full)
- Level: Main
- Area: 336 Square Feet
- Dimensions: 24X14
Bedroom 2
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Second
- Area: 294 Square Feet
- Dimensions: 21X14
Bedroom 3
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Second
- Area: 154 Square Feet
- Dimensions: 14X11
Bar entertainment
- Features: Flooring (Ceramic Tile), Window Treatments (Blinds)
- Level: Basement
- Area: 225 Square Feet
- Dimensions: 15X15
Dining room
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Family room
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Basement
- Area: 672 Square Feet
- Dimensions: 32X21
Foyer
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12X8
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Galley, Pantry-Closet), Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Laundry
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 72 Square Feet
- Dimensions: 12X6
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 289 Square Feet
- Dimensions: 17X17
Loft
- Features: Flooring (Carpet)
- Level: Second
- Area: 110 Square Feet
- Dimensions: 11X10
Screened porch
- Features: Flooring (Other)
- Level: Basement
- Area: 196 Square Feet
- Dimensions: 14X14
Storage
- Features: Flooring (Other)
- Level: Basement
- Area: 135 Square Feet
- Dimensions: 15X9
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener Owned, Humidifier
- Laundry: Main Level, In Unit, Sink
Features
- Cathedral Ceiling(s), Dry Bar, 1st Floor Bedroom, 1st Floor Full Bath, Storage, Walk-In Closet(s)
- Flooring: Hardwood
- Windows: Screens
- Basement: Finished,Exterior Entry,Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas Log, Family Room
Interior area
- Total structure area: 3,498
- Total interior livable area: 3,498 sqft
Property
Parking
- Total spaces: 2.5
- Parking features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 2.5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Patio & porch: Deck, Patio, Screened
- Has view: Yes
- View description: Water, Back of Property
- Has water view: Yes
- Water view: Water,Back of Property
- Waterfront features: Pond
Lot
- Size: 2,720 sqft
- Dimensions: 34X80
- Features: Common Grounds, Cul-De-Sac, Wooded, Rear of Lot
Details
- Parcel number: 1909143050410000
- Special conditions: None
- Other equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Storm Sewer
- Water: Public
Community & neighborhood
Location
- Region: Frankfort
- Subdivision: Prairie Creek Townhomes
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $295 monthly
- Services included: Insurance, Exterior Maintenance, Lawn Care, Scavenger
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple w/ HO Assn.
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Sold | $550,000$157/sqft |
Source:  MRED as distributed by MLS GRID #12460617 Report a problem | ||
| 10/12/2025 | Contingent | $550,000$157/sqft |
Source: MRED as distributed by MLS GRID #12460617 Report a problem | ||
| 10/2/2025 | Price change | $550,000-2.7%$157/sqft |
Source: MRED as distributed by MLS GRID #12460617 Report a problem | ||
| 9/15/2025 | Price change | $565,000-1.7%$162/sqft |
Source: MRED as distributed by MLS GRID #12460617 Report a problem | ||
| 9/2/2025 | Listed for sale | $575,000+52.5%$164/sqft |
Source: MRED as distributed by MLS GRID #12460617 Report a problem | ||
| 4/22/2019 | Sold | $377,000-3.3%$108/sqft |
Source: MRED as distributed by MLS GRID #10264584 Report a problem | ||
| 3/5/2019 | Pending sale | $389,900$111/sqft |
Source: Murphy Real Estate Grp #10264584 Report a problem | ||
| 2/5/2019 | Price change | $389,900-2.5%$111/sqft |
Source: Murphy Real Estate Grp #10264584 Report a problem | ||
| 12/28/2018 | Listed for sale | $399,900+8.7%$114/sqft |
Source: Murphy Real Estate Grp #10264584 Report a problem | ||
| 6/3/2016 | Sold | $368,000-3.1%$105/sqft |
Source: Baird & Warnerc #09192242_60423 Report a problem | ||
| 5/9/2016 | Pending sale | $379,900$109/sqft |
Source: Keller Williams - Keller Williams Preferred Realty #09192242 Report a problem | ||
| 4/13/2016 | Listed for sale | $379,900$109/sqft |
Source: Keller Williams - Keller Williams Preferred Realty #09192242 Report a problem | ||
| 10/6/2015 | Listing removed | $379,900$109/sqft |
Source: CENTURY 21 Affiliated #08879853 Report a problem | ||
| 5/8/2015 | Price change | $379,900-5%$109/sqft |
Source: CENTURY 21 Affiliated #08879853 Report a problem | ||
| 4/3/2015 | Listed for sale | $399,900+18.7%$114/sqft |
Source: Century 21 Pro-Team #08879853 Report a problem | ||
| 2/9/2006 | Sold | $337,000+574%$96/sqft |
Source: Public Record Report a problem | ||
| 7/7/2005 | Sold | $50,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,573 +4.2% | $159,976 +12% |
| 2023 | $12,065 +7.1% | $142,874 +9.8% |
| 2022 | $11,266 +6.8% | $130,134 +6.9% |
| 2021 | $10,547 +1.7% | $121,746 +2.9% |
| 2020 | $10,369 +2% | $118,315 +2.7% |
| 2019 | $10,161 +1.8% | $115,149 +4.3% |
| 2018 | $9,983 +2.1% | $110,449 +2.4% |
| 2017 | $9,774 +8.7% | $107,871 +3.5% |
| 2016 | $8,991 +4% | $104,173 +3.6% |
| 2015 | $8,648 | $100,505 +0.7% |
| 2014 | $8,648 +2.2% | $99,807 -1.7% |
| 2013 | $8,459 -5.4% | $101,545 -5.9% |
| 2012 | $8,939 +5.9% | $107,908 -1% |
| 2011 | $8,437 +5.9% | $108,998 -0.1% |
| 2010 | $7,966 +4% | $109,065 -2.3% |
| 2009 | $7,663 +3.4% | $111,689 |
| 2008 | $7,409 | $111,689 +2.5% |
| 2007 | -- | $108,965 +8.3% |
| 2006 | $7,011 +17569.2% | $100,595 +19061% |
| 2005 | $40 | $525 |
Find assessor info on the county website
Neighborhood: 60423
Nearby schools
GreatSchools rating
- 6/10Walker Intermediate SchoolGrades: 5-6Distance: 0.9 mi
- 9/10Summit Hill Junior High SchoolGrades: 7-8Distance: 1.9 mi
- 8/10Lincoln-Way East High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: 161
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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Estimated market value
$580,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$580,300
- Illinois
- Will County
- Frankfort
- 60423
- 20408 Fallingwater Cir
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