Welcome to your dream home on Grand Prairie Lane in beautiful Frankfort! This spacious 3-bedroom, 2.5-bath oversized 3-step ranch is the perfect mix of comfort and convenience-ideal for families looking for room to grow. You'll love the prime location and all the modern updates throughout. Step inside to a bright, welcoming space, thanks to brand new windows that let in tons of natural light. The remodeled primary bath offers your own private getaway, and the kitchen features newer appliances-ready for your favorite meals and memories. Need extra space? The finished basement has it all, including a bonus room that can be your 4th bedroom, a home office, or a fun entertainment area. Outside, enjoy a fully fenced-in yard, perfect for kids and pets to run around safely. Other perks include parking for two cars in the oversized garage, well-maintained living areas, and that hard-to-find balance of style and function. This home has everything you need and more-don't miss your chance to live in one of Frankfort's most sought-after communities! Lincoln Way Schools, close to everything, and easy access to Metra and the interstate.
Closed
$440,000
20408 S Grand Prairie Ln, Frankfort, IL 60423
4beds
2,123sqft
Single Family Residence
Built in 1991
0.31 Acres Lot
$454,900 Zestimate®
$207/sqft
$3,963 Estimated rent
Home value
$454,900
$419,000 - $496,000
$3,963/mo
Zestimate® history
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$3,214/mo
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Zillow last checked:
Listing updated:
Listed by:
David Faxel 312-502-0993,
NextHome Select Realty
Bought with:
Tim Burnette
Realty One Group Heartland
Source: MRED as distributed by MLS GRID,MLS#: 12428625
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet), Window Treatments (Blinds), Bathroom (Full)
- Level: Second
- Area: 238 Square Feet
- Dimensions: 17X14
Bedroom 2
- Features: Flooring (Wood Laminate), Window Treatments (Blinds, Curtains/Drapes)
- Level: Second
- Area: 169 Square Feet
- Dimensions: 13X13
Bedroom 3
- Features: Flooring (Wood Laminate), Window Treatments (Blinds)
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 4
- Features: Flooring (Wood Laminate), Window Treatments (Blinds)
- Level: Basement
- Area: 100 Square Feet
- Dimensions: 10X10
Dining room
- Features: Flooring (Wood Laminate), Window Treatments (Blinds)
- Level: Main
- Area: 285 Square Feet
- Dimensions: 19X15
Family room
- Features: Flooring (Wood Laminate), Window Treatments (Blinds)
- Level: Basement
- Area: 336 Square Feet
- Dimensions: 24X14
Kitchen
- Features: Kitchen (Eating Area-Table Space, Island), Flooring (Wood Laminate), Window Treatments (Blinds)
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15X14
Laundry
- Features: Flooring (Wood Laminate)
- Level: Basement
- Area: 81 Square Feet
- Dimensions: 9X9
Living room
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 323 Square Feet
- Dimensions: 19X17
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener
Features
- Windows: Screens
- Basement: Finished,Crawl Space,Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Gas Starter, Other
Interior area
- Total structure area: 0
- Total interior livable area: 2,123 sqft
Property
Parking
- Total spaces: 2.5
- Parking features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2.5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Fencing: Fenced
Lot
- Size: 0.31 Acres
- Dimensions: 95X144
- Features: Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: 1909134040230000
- Special conditions: None
- Other equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Step Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Security: Carbon Monoxide Detector(s)
- Subdivision: Farmbrook Terrace
HOA
- Services included: None
Location
- Region: Frankfort
Financial & listing details
- Price per square foot: $207/sqft
- Tax assessed value: $382,800
- Annual tax amount: $10,087
- Date on market: 7/24/2025
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2025 | Sold | $440,000-2.2%$207/sqft |
Source:  MRED as distributed by MLS GRID #12428625 Report a problem | ||
| 8/8/2025 | Contingent | $449,900$212/sqft |
Source: MRED as distributed by MLS GRID #12428625 Report a problem | ||
| 7/24/2025 | Listed for sale | $449,900+47.5%$212/sqft |
Source: MRED as distributed by MLS GRID #12428625 Report a problem | ||
| 4/26/2018 | Sold | $305,000-2.2%$144/sqft |
Source: MRED as distributed by MLS GRID #09855281 Report a problem | ||
| 3/2/2018 | Pending sale | $312,000$147/sqft |
Source: Murphy Real Estate Grp #09855281 Report a problem | ||
| 2/12/2018 | Listed for sale | $312,000+49.6%$147/sqft |
Source: Murphy Real Estate Grp #09855281 Report a problem | ||
| 11/24/1998 | Sold | $208,500$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,088 +3.6% | $127,600 +12% |
| 2023 | $9,740 +9.1% | $113,959 +9.8% |
| 2022 | $8,929 +6.7% | $103,797 +6.9% |
| 2021 | $8,369 +1.6% | $97,106 +2.9% |
| 2020 | $8,240 +3.5% | $94,370 +2.8% |
| 2019 | $7,964 +3.8% | $91,844 +3% |
| 2018 | $7,671 +2.2% | $89,203 +2.4% |
| 2017 | $7,509 +3.2% | $87,121 +3.6% |
| 2016 | $7,275 +3.8% | $84,134 +3.7% |
| 2015 | $7,012 | $81,171 +0.7% |
| 2014 | $7,012 +3% | $80,607 -1.3% |
| 2013 | $6,811 +1% | $81,652 -5% |
| 2012 | $6,742 +1.6% | $85,950 -5% |
| 2011 | $6,633 +0.3% | $90,473 -5.2% |
| 2010 | $6,611 +4.3% | $95,459 -2.4% |
| 2009 | $6,341 +3.6% | $97,757 |
| 2008 | $6,123 | $97,757 +2.5% |
| 2007 | -- | $95,373 +7.5% |
| 2006 | $5,801 +5.8% | $88,719 +8.4% |
| 2005 | $5,485 +9.5% | $81,829 +8% |
| 2004 | $5,007 +3.6% | $75,768 +5.1% |
| 2003 | $4,835 +8% | $72,077 +9.6% |
| 2002 | $4,477 +7.5% | $65,767 +1.9% |
| 2001 | $4,164 +2.3% | $64,560 +1.2% |
| 2000 | $4,069 | $63,763 |
Find assessor info on the county website
Neighborhood: Frankfort Square
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Nearby schools
GreatSchools rating
- 7/10Indian Trail Elementary SchoolGrades: 1-4Distance: 0.7 mi
- 9/10Summit Hill Junior High SchoolGrades: 7-8Distance: 0.3 mi
- 8/10Lincoln-Way East High SchoolGrades: 9-12Distance: 3 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
$454,900
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Estimated market value
$454,900
- Illinois
- Will County
- Frankfort
- 60423
- Frankfort Square
- 20408 S Grand Prairie Ln
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