Offered for the first time since it was custom built in 1971, this extraordinary Franklin Park estate presents a rare opportunity to own one of the area's most distinctive residences. Situated on a prominent corner lot with nearly 6,000 square feet of living space, this meticulously crafted home was designed for grand-scale living and entertaining. Featuring 5 spacious bedrooms and 5.1 bathrooms, the home offers a brilliant floorplan and impressive blend of timeless craftsmanship, generous room sizes, and architectural character rarely found in today's market. The dramatic entry foyer welcomes guests into a residence built without compromise, while multiple living and gathering spaces provide exceptional flexibility for both everyday living and special occasions. The resort-style indoor swimming pool and sauna create a private year-round retreat unlike anything else! Outdoors, the beautifully fenced landscaped park-like grounds feature mature trees, a serene courtyard, and expansive outdoor spaces that offer privacy and tranquility. Whether you're seeking a multigenerational home, an entertainer's dream, or simply a truly unique property with unmatched presence, this landmark residence delivers. A rare opportunity to acquire a custom-built estate that has remained in the hands of its original owner for over five decades. In today's market, the cost to acquire the land, materials, and custom construction necessary to recreate a home of this caliber would far exceed the asking price, making this an exceptional value and a truly irreplaceable offering. Preapproval required prior to showing. Home is in excellent condition but being conveyed as-is.
Contingent
$899,900
2901 Elder Ln, Franklin Park, IL 60131
5beds
5,514sqft
:
Get pre-qualified$6,778/mo
Single Family Residence
Built in 1971
0.4 Acres Lot
$894,200 Zestimate®
$163/sqft
$-- HOA
What's special
Resort-style indoor swimming poolMature treesArchitectural characterDramatic entry foyerBrilliant floorplanExpansive outdoor spacesProminent corner lot
- 39 days |
- 219 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Lisa Graziani 708-456-1919,
Caporale Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12679692
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Rooms
- Room types: Attic, Bedroom 5, Breakfast Room, Foyer, Game Room, Mud Room, Office, Recreation Room, Storage, Heated Sun Room, Utility Room-Lower Level, Other Room
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Second
- Area: 238 Square Feet
- Dimensions: 17X14
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 156 Square Feet
- Dimensions: 12X13
Bedroom 4
- Features: Flooring (Carpet)
- Level: Second
- Area: 165 Square Feet
- Dimensions: 15X11
Bedroom 5
- Features: Flooring (Carpet)
- Level: Second
- Area: 168 Square Feet
- Dimensions: 12X14
Other
- Level: Second
- Area: 380 Square Feet
- Dimensions: 19X20
Bar entertainment
- Features: Flooring (Vinyl)
- Level: Basement
- Area: 260 Square Feet
- Dimensions: 10X26
Breakfast room
- Features: Flooring (Laminate)
- Level: Main
- Area: 117 Square Feet
- Dimensions: 09X13
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14X13
Family room
- Features: Flooring (Carpet)
- Level: Main
- Area: 345 Square Feet
- Dimensions: 15X23
Game room
- Features: Flooring (Carpet)
- Level: Basement
- Area: 338 Square Feet
- Dimensions: 13X26
Kitchen
- Features: Kitchen (Eating Area-Table Space, Island, Updated Kitchen), Flooring (Laminate)
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13X16
Laundry
- Level: Second
- Area: 32 Square Feet
- Dimensions: 8X04
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 336 Square Feet
- Dimensions: 14X24
Mud room
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13X08
Office
- Features: Flooring (Carpet)
- Level: Basement
- Area: 165 Square Feet
- Dimensions: 11X15
Recreation room
- Level: Basement
- Area: 532 Square Feet
- Dimensions: 14X38
Storage
- Level: Second
- Area: 216 Square Feet
- Dimensions: 18X12
Other
- Level: Basement
- Area: 165 Square Feet
- Dimensions: 15X11
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Range Hood, Oven
- Laundry: Multiple Locations
Features
- Sauna, Wet Bar
- Basement: Finished,Full
- Attic: Finished,Interior Stair
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Family Room
Interior area
- Total structure area: 0
- Total interior livable area: 5,514 sqft
Property
Parking
- Total spaces: 2.5
- Parking features: Concrete, Circular Driveway, Off Alley, Yes, Attached, Garage
- Attached garage spaces: 2.5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Fencing: Fenced
Lot
- Size: 0.4 Acres
- Features: Corner Lot, Landscaped
Details
- Additional parcels included: 12282200220000,12282202300000,12282200240000
- Parcel number: 12282200220000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
HOA
- Services included: None
Location
- Region: Franklin Park
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $209,770
- Annual tax amount: $15,151
- Date on market: 6/17/2026
- Ownership: Fee Simple
Estimated market value
$894,200
$849,000 - $939,000
$5,177/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Contingent | $899,900$163/sqft |
Source:  MRED as distributed by MLS GRID #12679692 Report a problem | ||
| 6/17/2026 | Listed for sale | $899,900$163/sqft |
Source: MRED as distributed by MLS GRID #12679692 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,847 +6.3% | $20,977 +0% |
| 2023 | $6,442 -3.1% | $20,976 |
| 2022 | $6,647 -5.1% | $20,976 +1.5% |
| 2021 | $7,002 +3.9% | $20,676 |
| 2020 | $6,740 -4.4% | $20,676 -11.8% |
| 2019 | $7,053 -10.9% | $23,442 +3.2% |
| 2018 | $7,916 +1.2% | $22,709 |
| 2017 | $7,823 -5.2% | $22,709 -7.2% |
| 2016 | $8,254 +15% | $24,472 +18.7% |
| 2015 | $7,175 +2.4% | $20,624 |
| 2014 | $7,004 +8.2% | $20,624 |
| 2013 | $6,473 -0.4% | $20,624 -5% |
| 2012 | $6,500 -8.5% | $21,707 -8.5% |
| 2011 | $7,105 -20.9% | $23,722 -15.9% |
| 2010 | $8,987 -4.5% | $28,207 -21.4% |
| 2009 | $9,414 +11.9% | $35,897 -11.4% |
| 2008 | $8,414 +7.7% | $40,523 |
| 2007 | $7,814 +64.2% | $40,523 +63.9% |
| 2006 | $4,759 +6.1% | $24,727 |
| 2005 | $4,486 +5.3% | $24,727 |
| 2004 | $4,260 +11.2% | $24,727 +29.4% |
| 2003 | $3,832 +8.4% | $19,110 |
| 2002 | $3,535 +18.8% | $19,110 |
| 2001 | $2,975 +2.1% | $19,110 +19.3% |
| 2000 | $2,913 -0.1% | $16,012 |
| 1999 | $2,914 | $16,012 |
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.Climate risks
Neighborhood: 60131
Nearby schools
GreatSchools rating
- 10/10Passow Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Hester Jr High SchoolGrades: 6-8Distance: 0.3 mi
- 5/10East Leyden High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: 84
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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