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  • $360,000

    540 Meadow Ave, Frankfort, IL 60423

    3beds
    2,376sqft
    Single Family Residence
    Built in 1971
    10,018 Square Feet Lot
    $360,100 Zestimate®
    $152/sqft
    $3,054 Estimated rent

    Home value

    $360,100

    $335,000 - $385,000

    $3,054/mo

    Zestimate® history
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    What's special

    Comfortable primary bedroomExpansive patio and backyardSpacious homesite
    Perfectly positioned on a spacious homesite in the heart of Connecticut Hills, this lovingly maintained 3-bedroom, 2-bath split-level offers comfort, charm, and an incredible opportunity to create your own next chapter. Ideally located just moments from Historic Downtown Frankfort, award-winning Lincoln-Way East High School, and highly acclaimed Frankfort School District 157C schools, this central location offers the perfect blend of community, convenience, and everyday living. Inside, you'll find a spacious formal living room filled with natural light from large windows, a formal dining room ready to host holidays and special occasions, and a charming eat-in kitchen with ceramic tile flooring. Start your mornings with a cup of coffee overlooking the expansive patio and backyard-a space made for summer barbecues, backyard games, gardening, and making memories with family and friends. The inviting lower level is the heart of the home, featuring an expansive family room centered around a beautiful masonry fireplace, where large windows fill the space with natural light. Freshly painted and featuring brand-new carpeting, this warm and welcoming space is perfect for cozy movie nights, cheering on your favorite team, or gathering with loved ones. A full bath, utility room, and access to the oversized 2.5-car garage complete the lower level. Upstairs, you'll find a comfortable primary bedroom, two additional generously sized bedrooms, and a full bath, offering plenty of space for family, guests, or a home office. Lovingly maintained throughout the years, the home also features updated mechanicals, including the furnace and central air conditioning. Filled with warmth, timeless character, and unique details, this is a home that has been exceptionally cared for and offers a wonderful opportunity for its next owners to add their own personal style while appreciating the solid foundation that's already here. Whether you're looking for a place to put down roots, enjoy one of Frankfort's most convenient locations, or simply create a home filled with lasting memories, this is an opportunity you won't want to miss. Estate sale. Property is being conveyed as is.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Jakubowski 312-810-6722,

    @properties Christie's International Real Estate

    Bought with:

    Robert Kroll

    808 Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12694369MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Foyer
    Primary bedroom
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 140 Square Feet
    • Dimensions: 10X14
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 110 Square Feet
    • Dimensions: 10X11
    Bedroom 3
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Dining room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12X11
    Family room
    • Features: Flooring (Carpet)
    • Level: Lower
    • Area: 357 Square Feet
    • Dimensions: 21X17
    Foyer
    • Features: Flooring (Ceramic Tile)
    • Level: Main
    • Area: 84 Square Feet
    • Dimensions: 6X14
    Kitchen
    • Features: Kitchen (Eating Area-Table Space), Flooring (Ceramic Tile)
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 16X11
    Laundry
    • Features: Flooring (Vinyl)
    • Level: Lower
    • Area: 112 Square Feet
    • Dimensions: 14X8
    Living room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 308 Square Feet
    • Dimensions: 22X14
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
    Features
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Family Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 2,376 sqft

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 2.5
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Levels: Tri-Level
    • Patio & porch: Patio, Porch
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 72x142
    • Features: Mature Trees
    Details
    • Parcel number: 1909211150020000
    • Special conditions: None
    • Other equipment: Water-Softener Owned, Ceiling Fan(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Cedar
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park
    • Subdivision: Connecticut Hills
    HOA
    • Services included: None
    Location
    • Region: Frankfort

    Financial & listing details

    • Price per square foot: $152/sqft
    • Tax assessed value: $351,795
    • Annual tax amount: $4,951
    • Date on market: 7/8/2026
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/27/2026Sold$360,000-7.5%$152/sqft
    Source: MRED as distributed by MLS GRID #12694369 Report a problem
    8/10/2026Pending sale$389,000$164/sqft
    Source: MRED as distributed by MLS GRID #12694369 Report a problem
    7/14/2026Contingent$389,000$164/sqft
    Source: MRED as distributed by MLS GRID #12694369 Report a problem
    7/8/2026Listed for sale$389,000$164/sqft
    Source: MRED as distributed by MLS GRID #12694369 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,076 -32.3%$117,265 +12%
    2023$7,498 +27.9%$104,729 +9.8%
    2022$5,861 -1.1%$95,390 +6.9%
    2021$5,927 -0.5%$89,242 +2.9%
    2020$5,957 +0.4%$86,727 +2.7%
    2019$5,932 -1.3%$84,406 +3%
    2018$6,009 -2.4%$81,980 +2.4%
    2017$6,157 +2.8%$80,066 +3.6%
    2016$5,990 +3%$77,321 +3.7%
    2015$5,814 $74,598 +0.7%
    2014$5,814 +1.3%$74,080 -1.3%
    2013$5,741 -2%$75,040 -5%
    2012$5,860 -0.9%$78,989 -5%
    2011$5,914 +1.2%$83,147 -3.5%
    2010$5,842 +3.6%$86,163 -2.3%
    2009$5,638 +1.9%$88,236
    2008$5,532 $88,236 +2.5%
    2007-- $86,084 +7.5%
    2006$5,104 +4.9%$80,078 +8.4%
    2005$4,864 +7.4%$73,859 +8%
    2004$4,529 +0.5%$68,388 +5.1%
    2003$4,506 +8.1%$65,057 +6.7%
    2002$4,168 +0.1%$60,992 +1.9%
    2001$4,165 +6.2%$59,872 +5%
    2000$3,921 $57,021
    Find assessor info on the county website

    Neighborhood: 60423

    Nearby schools

    GreatSchools rating
    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
    $360,100
    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
    $360,100