Unbelievably rare Opportunity! Double lot in an amazing DOWNTOWN Frankfort location! Nearly a Half Acre of land within walking distance to outstanding Shopping, Dining & Parks! Convenient access to Old Plank Trail, Community events, Major interstate, Metra & award winning Lincoln-Way Schools! This oversized parcel provides greater flexibility in home design, garage configuration, outdoor living space & overall footprint! Take advantage of this rare opportunity before it's gone!
Active
$399,900
318 Oak St, Frankfort, IL 60423
--beds
--baths
0.47Acres
Unimproved Land
Built in ----
0.47 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Oversized parcelDouble lot
- --
- 352
- views
- 25
- saves
Zillow last checked:
Listing updated:
Listed by:
Raymond Morandi 708-516-6666,
Morandi Properties, Inc
Source: MRED as distributed by MLS GRID,MLS#: 12754190
Facts & features
Interior
Features
- Basement: None
Property
Features
- Frontage length: 110
Lot
- Size: 0.47 Acres
- Dimensions: 110X204.5X92X114.5X18X90
Details
- Additional parcels included: 1909282280160000
- Parcel number: 1909282280150000
- Zoning: SINGL
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Community & HOA
Location
- Region: Frankfort
Financial & listing details
- Tax assessed value: $62,070
- Annual tax amount: $4,283
- Date on market: 9/9/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2021 | Listing removed | -- |
Source: | ||
| 11/5/2021 | Listed for sale | $129,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,639 +5% | $20,690 +12% |
| 2023 | $1,561 +9.3% | $18,478 +9.8% |
| 2022 | $1,428 +5.7% | $16,830 +6.9% |
| 2021 | $1,351 +2.4% | $15,745 +2.9% |
| 2020 | $1,320 +3.2% | $15,301 +2.8% |
| 2019 | $1,279 +1.6% | $14,891 +3% |
| 2018 | $1,258 -0.1% | $14,463 +2.4% |
| 2017 | $1,259 +2.2% | $14,125 +3.5% |
| 2016 | $1,232 +2.3% | $13,641 +3.6% |
| 2015 | $1,205 | $13,161 +0.7% |
| 2014 | $1,205 +1.5% | $13,070 -1.3% |
| 2013 | $1,187 +0.3% | $13,239 -5% |
| 2012 | $1,184 -0.2% | $13,936 -5% |
| 2011 | $1,186 +1.7% | $14,669 -3.5% |
| 2010 | $1,166 +3.9% | $15,201 +32.9% |
| 2009 | $1,122 +39.6% | $11,438 |
| 2008 | $804 | $11,438 +2.5% |
| 2007 | -- | $11,159 +7.5% |
| 2006 | $740 +4.7% | $10,380 +8.4% |
| 2005 | $707 +6.3% | $9,574 +8% |
| 2004 | $665 +4.2% | $8,865 +5.1% |
| 2003 | $638 | $8,433 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 60423
Nearby schools
Schools provided by the listing agent
- 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.





