Luxury, location, and lifestyle-all in one extraordinary home in the heart of downtown Frankfort! Just steps from vibrant shops, restaurants, and year-round festivals, this completely reimagined 4-bedroom, 3-bath stunner was taken down to the studs and rebuilt in 2019 with impeccable style and craftsmanship. Offering over 3,000 sq. ft. plus a fully finished basement, this home is the definition of move-in ready luxury. The open-concept living space is flooded with natural light and features soaring cathedral ceilings, a cozy stone fireplace in the hearth room, and a dream kitchen complete with granite countertops, stainless steel appliances, subway tile, and an oversized island made for entertaining. The primary suite is a true private retreat-grand in scale, with a striking tray ceiling, a spa-like tiled walk-in shower, double vanity, and a spacious walk-in closet. A second main-level bedroom adds flexibility for guests or office space, while upstairs, two additional bedrooms mirror each other with vaulted ceilings (one with a walk-in closet). The beautifully designed laundry room includes a utility sink and built-in bench for added convenience. Step outside into your own private haven: a covered patio and separate gazebo, stone paver patio, and mature trees offering natural shade and privacy. The custom-built treehouse adds character and adventure, while the expansive side yard is perfect for weddings, parties, or serene outdoor living. The 2.5-car attached garage and generous driveway provide ample parking. Surrounded by beautiful landscaping and located in a top-tier school district, this is not just a home-it's a lifestyle.
Closed
$925,000
306 Oak St, Frankfort, IL 60423
4beds
3,000sqft
Single Family Residence
Built in 1951
0.35 Acres Lot
$971,200 Zestimate®
$308/sqft
$3,707 Estimated rent
Home value
$971,200
$894,000 - $1.06M
$3,707/mo
Zestimate® history
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List your homeWhat's special
Cozy stone fireplaceOversized islandMature treesPrimary suiteSeparate gazeboOpen-concept living spaceCovered patio
Zillow last checked:
Listing updated:
Listing courtesy of:
Michelle Arseneau, ABR,SFR 815-954-4063,
Coldwell Banker Realty
Bought with:
Kathleen Keane
Murphy Real Estate Group
Source: MRED as distributed by MLS GRID,MLS#: 12361246
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Flooring (Hardwood), Window Treatments (Window Treatments), Bathroom (Full, Double Sink)
- Level: Main
- Area: 204 Square Feet
- Dimensions: 12X17
Bedroom 2
- Features: Flooring (Hardwood), Window Treatments (Window Treatments)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12X13
Bedroom 3
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Second
- Area: 156 Square Feet
- Dimensions: 12X13
Bedroom 4
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Second
- Area: 156 Square Feet
- Dimensions: 12X13
Dining room
- Features: Flooring (Hardwood), Window Treatments (Curtains/Drapes)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Family room
- Features: Flooring (Carpet)
- Level: Basement
- Area: 273 Square Feet
- Dimensions: 21X13
Kitchen
- Features: Kitchen (Island, Pantry-Walk-in), Flooring (Hardwood)
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12X18
Laundry
- Features: Flooring (Porcelain Tile), Window Treatments (Window Treatments)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10X12
Living room
- Features: Flooring (Hardwood), Window Treatments (Window Treatments)
- Level: Main
- Area: 360 Square Feet
- Dimensions: 24X15
Study
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Heating
- Natural Gas, Baseboard
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Laundry: Main Level, Gas Dryer Hookup, In Unit, Sink
Features
- Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s), Open Floorplan, Granite Counters
- Flooring: Hardwood
- Windows: Screens, Window Treatments
- Basement: Partially Finished,Partial
- Attic: Unfinished
- Number of fireplaces: 2
- Fireplace features: Double Sided, Family Room, Basement
Interior area
- Total structure area: 0
- Total interior livable area: 3,000 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
- Patio & porch: Patio, Porch
Lot
- Size: 0.35 Acres
- Dimensions: 167X90
- Features: Corner Lot
Details
- Parcel number: 9092822801400000
- Special conditions: None
- Other equipment: Water-Softener Owned, TV-Cable, Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Brick, Frame, Stone, Other
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1951
- Major remodel year: 2019
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Street Lights, Street Paved
Location
- Region: Frankfort
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $925,000+10.8%$308/sqft |
Source:  MRED as distributed by MLS GRID #12361246 Report a problem | ||
| 5/13/2025 | Contingent | $835,000$278/sqft |
Source: MRED as distributed by MLS GRID #12361246 Report a problem | ||
| 5/11/2025 | Listed for sale | $835,000+50.5%$278/sqft |
Source: MRED as distributed by MLS GRID #12361246 Report a problem | ||
| 1/21/2021 | Sold | $555,000-4.3%$185/sqft |
Source: MRED as distributed by MLS GRID #10878536 Report a problem | ||
| 1/6/2021 | Contingent | $579,900$193/sqft |
Source:  MRED as distributed by MLS GRID #10878536 Report a problem | ||
| 10/12/2020 | Pending sale | $579,900$193/sqft |
Source: Murphy Real Estate Grp #10878536 Report a problem | ||
| 9/22/2020 | Listed for sale | $579,900+6.4%$193/sqft |
Source: Murphy Real Estate Grp #10878536 Report a problem | ||
| 1/24/2020 | Sold | $545,000-13.4%$182/sqft |
Source: MRED as distributed by MLS GRID #10548554 Report a problem | ||
| 1/11/2020 | Pending sale | $629,000$210/sqft |
Source: Berg Properties #10548554 Report a problem | ||
| 12/12/2019 | Price change | $629,000-3.1%$210/sqft |
Source: Berg Properties #10548554 Report a problem | ||
| 11/8/2019 | Price change | $649,000-3.9%$216/sqft |
Source: Berg Properties #10548554 Report a problem | ||
| 10/15/2019 | Listed for sale | $675,000+221.4%$225/sqft |
Source: Berg Properties #10548554 Report a problem | ||
| 6/26/2018 | Sold | $210,000-4.5%$70/sqft |
Source: Public Record Report a problem | ||
| 5/23/2018 | Pending sale | $219,900$73/sqft |
Source: RE/MAX "10" #09953045 Report a problem | ||
| 5/16/2018 | Listed for sale | $219,900-12.4%$73/sqft |
Source: RE/MAX 10 #09953045 Report a problem | ||
| 3/8/2017 | Sold | $251,000+0.6%$84/sqft |
Source: Agent Provided Report a problem | ||
| 2/4/2017 | Pending sale | $249,500$83/sqft |
Source: Baird & Warner #09492894 Report a problem | ||
| 2/2/2017 | Listed for sale | $249,500$83/sqft |
Source: Baird & Warner #09492894 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $17,060 +5.5% | $223,326 +12% |
| 2023 | $16,178 +136.7% | $199,451 +130.5% |
| 2022 | $6,835 +6.2% | $86,540 +6.9% |
| 2021 | $6,433 -5.2% | $80,961 +2.9% |
| 2020 | $6,786 +3.2% | $78,679 +2.8% |
| 2019 | $6,577 +1.6% | $76,573 +3% |
| 2018 | $6,471 -0.1% | $74,372 +2.4% |
| 2017 | $6,475 +11.8% | $72,636 +3.5% |
| 2016 | $5,794 +2.7% | $70,146 +3.6% |
| 2015 | $5,641 | $67,676 +0.7% |
| 2014 | $5,641 +1.4% | $67,205 -1.3% |
| 2013 | $5,565 -0.2% | $68,076 -5% |
| 2012 | $5,577 -0.7% | $71,659 -5% |
| 2011 | $5,614 +1.4% | $75,430 -3.5% |
| 2010 | $5,536 +10.3% | $78,166 -15.8% |
| 2009 | $5,020 -12.2% | $92,863 +6.8% |
| 2008 | $5,721 | $86,921 +2.5% |
| 2007 | -- | $84,801 +7.5% |
| 2006 | $5,268 +5.3% | $78,885 +8.4% |
| 2005 | $5,004 +7% | $72,758 +8% |
| 2004 | $4,678 +2.1% | $67,368 +5.1% |
| 2003 | $4,584 +4.7% | $64,087 +3.7% |
| 2002 | $4,379 +0% | $61,794 +1.9% |
| 2001 | $4,378 +6% | $60,660 +5% |
| 2000 | $4,130 | $57,771 |
Find assessor info on the county website
Neighborhood: 60423
Nearby schools
GreatSchools rating
- NAGrand Prairie Elementary SchoolGrades: PK-2Distance: 1.1 mi
- 10/10Hickory Creek Middle SchoolGrades: 6-8Distance: 2.6 mi
- 8/10Lincoln-Way East High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Grand Prairie Elementary School
- Middle: Hickory Creek Middle School
- High: Lincoln-Way East High School
- District: 157C
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
$971,200
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Estimated market value
$971,200
- Illinois
- Will County
- Frankfort
- 60423
- 306 Oak St
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