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  • $350,000

    20533 S Graceland Ln, Frankfort, IL 60423

    3beds
    1,342sqft
    Single Family Residence
    Built in 1975
    7,405 Square Feet Lot
    $350,100 Zestimate®
    $261/sqft
    $2,604 Estimated rent

    Home value

    $350,100

    $326,000 - $375,000

    $2,604/mo

    Zestimate® history
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    What's special

    Beautiful landscapingBright comfortable feelGreat natural lightNeutral decorUpdated rear deckClean welcoming curb appealSamsung kitchen appliances
    Move-in ready one-story ranch home with extensive updates already completed inside and out. This well-cared-for 3-bedroom, 1-bath home offers comfortable single-level living with no stairs, low-maintenance convenience, neutral decor, great natural light, and the kind of pride of ownership you will notice right away. From the moment you pull up, the home makes a great first impression with beautiful landscaping, a brick paver sidewalk, updated exterior fixtures, and clean, welcoming curb appeal. Inside, the home has a bright, comfortable feel with updated flooring through the kitchen, living room, and hallway, plus newer carpet in the family room. The kitchen features granite countertops, Samsung kitchen appliances, a marble tile backsplash, black electrical covers, and a newer faucet and disposal. The bathroom has been fully remodeled with drywall, ceramic tile, and a whirlpool tub, giving the home a fresh, finished feel while still keeping the simplicity and convenience of ranch-style living. The list of improvements is extensive. Updates include a newer roof, updated windows and doors, newer washer and dryer, updated rear deck, newer family room carpet, security lighting on the shed, updated exterior electrical fixtures, complete dryer vent replacement, and a remodeled spare bedroom with ceiling fan and wall controls. Professional insulation upgrade to be completed prior to closing, given the new owner more comfortable home, and increase energy efficiency. The driveway and brick pavers were also thoughtfully installed with substantial concrete work and a concrete footing beneath the pavers. Out back, enjoy a rear deck and nicely maintained yard space, perfect for relaxing, grilling, or keeping things simple and low-maintenance. Located in an excellent area near shopping, schools, bike paths, and parks, this home offers a practical layout, strong condition, and that hard-to-find "move in and enjoy it" setup buyers are always hoping to find. A clean, updated ranch with this much already done is absolutely worth a look.

    Zillow last checked:

    Listing updated:

    Listed by:

    Raymond Kennedy (815)301-7007,

    eXp Realty

    Bought with:

    Samuel Razo

    Kale Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12648550MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Features: Flooring (Luxury Vinyl)
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12X11
    Bedroom 2
    • Features: Flooring (Luxury Vinyl)
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Bedroom 3
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Family room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 228 Square Feet
    • Dimensions: 19X12
    Kitchen
    • Features: Kitchen (Eating Area-Table Space, Granite Counters), Flooring (Luxury Vinyl)
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11X8
    Laundry
    • Level: Main
    • Area: 20 Square Feet
    • Dimensions: 5X4
    Living room
    • Features: Flooring (Luxury Vinyl)
    • Level: Main
    • Area: 238 Square Feet
    • Dimensions: 17X14
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener
    • Laundry: Main Level
    Features
    • 1st Floor Bedroom, 1st Floor Full Bath, Granite Counters
    • Flooring: Carpet
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,342 sqft

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 2.5
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Fencing: Wood
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 104 x 70
    Details
    • Parcel number: 1909133080060000
    • Special conditions: None
    • Other equipment: Water-Softener Owned, Ceiling Fan(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1975
    Details
    • Builder model: Ranch

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Frankfort Square
    HOA
    • Services included: None
    Location
    • Region: Frankfort

    Financial & listing details

    • Price per square foot: $261/sqft
    • Tax assessed value: $264,795
    • Annual tax amount: $6,937
    • Date on market: 5/15/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/10/2026Sold$350,000$261/sqft
    Source: MRED as distributed by MLS GRID #12648550 Report a problem
    5/27/2026Contingent$350,000$261/sqft
    Source: MRED as distributed by MLS GRID #12648550 Report a problem
    5/15/2026Listed for sale$350,000$261/sqft
    Source: MRED as distributed by MLS GRID #12648550 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,770 +4%$88,265 +12%
    2023$6,511 +8.4%$78,829 +9.8%
    2022$6,008 +6.9%$71,800 +6.9%
    2021$5,620 +1.7%$67,172 +2.9%
    2020$5,527 +3.6%$65,279 +2.7%
    2019$5,337 +3.9%$63,532 +3%
    2018$5,136 +2.2%$61,705 +2.4%
    2017$5,023 +3.3%$60,265 +3.5%
    2016$4,860 +3.9%$58,199 +3.6%
    2015$4,677 $56,150 +0.7%
    2014$4,677 +2.9%$55,760 -1.3%
    2013$4,545 +0.8%$56,483 -5%
    2012$4,508 +1.4%$59,456 -5%
    2011$4,443 +5.4%$62,585 -0.8%
    2010$4,216 +4.2%$63,058 -2.3%
    2009$4,048 -7.9%$64,575 -10%
    2008$4,397 $71,750 +2.5%
    2007-- $70,000 +25.3%
    2006$3,525 +6.1%$55,864 +8.4%
    2005$3,322 +9.9%$51,526 +8%
    2004$3,022 +2.3%$47,709 +5.1%
    2003$2,953 +8.5%$45,386 +9.7%
    2002$2,723 +7.6%$41,367 +1.9%
    2001$2,531 +2.4%$40,608 +1.3%
    2000$2,472 $40,106
    Find assessor info on the county website

    Neighborhood: Frankfort Square

    Nearby schools

    GreatSchools rating
    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
    $350,100
    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
    $350,100