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Contingent
    • $299,900

    311 E Franklin Ave, La Grange, IL 60525

    2beds
    1,056sqft
    : 
    $2,259/mo
    Get pre-qualified
    Single Family Residence
    Built in 1887
    6,700 Square Feet Lot
    $-- Zestimate®
    $284/sqft
    $-- HOA

    What's special

    Exceptional opportunity for investor to secure a prime piece of real estate in highly desirable downtown La Grange. This 50x134 double lot (2 PINs) offers strong potential for new construction with alley access or long-term value appreciation. Ideally located near dining, shopping, and Metra. A unique chance to create a luxury residence in one of the western suburbs' most desirable communities. Drive-by only. No interior access to the existing structure. Please contact the listing agent before walking the property.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Larry Reedy, CNC,CSC 773-234-4435,

    L.W. Reedy Real Estate,

    Julie Dolan 312-388-1001,

    L.W. Reedy Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12704673MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: No additional rooms
      Primary bedroom
      • Level: Main
      • Area: 84 Square Feet
      • Dimensions: 12X7
      Bedroom 2
      • Level: Main
      • Area: 70 Square Feet
      • Dimensions: 10X7
      Dining room
      • Level: Main
      • Area: 180 Square Feet
      • Dimensions: 15X12
      Kitchen
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12X12
      Living room
      • Level: Main
      • Area: 180 Square Feet
      • Dimensions: 15X12
      Heating
      • Steam
      Cooling
      • Central Air
      Features
      • Basement: Crawl Space
      Interior area
      • Total structure area: 0
      • Total interior livable area: 1,056 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Yes, Detached, Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 1
      Lot
      • Size: 6,700 Square Feet
      • Dimensions: 50X134
      Details
      • Additional parcels included: 18042240190000
      • Parcel number: 18042240180000
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1887

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Services included: None
      Location
      • Region: La Grange

      Financial & listing details

      • Price per square foot: $284/sqft
      • Tax assessed value: $240,000
      • Annual tax amount: $5,763
      • Date on market: 7/14/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Listing removed$299,900$284/sqft
        Source: MRED as distributed by MLS GRID #12704651 Report a problem
        7/11/2026Price change$299,900-14.3%$284/sqft
        Source: MRED as distributed by MLS GRID #12669672 Report a problem
        6/3/2026Price change$350,000-12.5%$331/sqft
        Source: MRED as distributed by MLS GRID #12614012 Report a problem
        4/9/2026Listed for sale$400,000$379/sqft
        Source: MRED as distributed by MLS GRID #12614012 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,312 +3.5%$24,000 +0%
        2023$5,131 +83.7%$23,999 +85.6%
        2022$2,793 +3.1%$12,931
        2021$2,708 -0.2%$12,931
        2020$2,713 -17.4%$12,931 -15.7%
        2019$3,286 +2%$15,341
        2018$3,222 +2.2%$15,341
        2017$3,153 +10.5%$15,341 +25.2%
        2016$2,854 +8.4%$12,250
        2015$2,633 +1%$12,250
        2014$2,606 -17.6%$12,250 -20.9%
        2013$3,161 +16%$15,480
        2012$2,726 +18.5%$15,480
        2011$2,301 -7%$15,480 -9.9%
        2010$2,475 +18.6%$17,177
        2009$2,087 +36.3%$17,177 -7%
        2008$1,531 -1.9%$18,469 +36.9%
        2007$1,561 +4%$13,493
        2006$1,500 +10.3%$13,493
        2005$1,360 -8.6%$13,493 +55.7%
        2004$1,488 +4.5%$8,668
        2003$1,424 +21.3%$8,668
        2002$1,174 +21.4%$8,668 +16.9%
        2001$967 +5%$7,413
        2000$921 +154.4%$7,413
        1999$362 $7,413
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 60525

        Getting around

        91 / 100
        Walker's Paradise
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Lyons Twp High School
        • District: 102

        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.

        A local agent can set up tours, give advice and negotiate with sellers.

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