7319 Colony Ln APT 3B, Frankfort, IL 60423 is a condo home that contains 1,900 sq ft and was built in 1972. It contains 3 bedrooms and 2 bathrooms. This home last sold for $320,000 in February 2025.
The Zestimate for this house is $338,000. The Rent Zestimate for this home is $2,874/mo.
Sold for $320,000
Street View
$320,000
7319 Colony Ln APT 3B, Frankfort, IL 60423
3beds
1,900sqft
Condo
Built in 1972
-- sqft lot
$338,000 Zestimate®
$168/sqft
$2,874 Estimated rent
Home value
$338,000
$311,000 - $368,000
$2,874/mo
Zestimate® history
Owner options
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$2,874/mo
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$2,874/mo
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$2,640/mo
Est. payment
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$2,640/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,900 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
Features
- Exterior features: Brick
Details
- Parcel number: 1909252040180000
Construction
Type & style
- Home type: Condo
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Sewer-Public
Community & neighborhood
Location
- Region: Frankfort
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $341 monthly
Other
Other facts
- Addtl Room 3 Level: Not Applicable
- Addtl Room 4 Level: Not Applicable
- Addtl Room 5 Level: Not Applicable
- Air Conditioning: Central Air
- 4th Bedroom Level: Not Applicable
- Built Before 1978 (Y/N): Yes
- Driveway: Asphalt
- Exterior Building Type: Brick
- Family Room Level: Not Applicable
- Sewer: Sewer-Public
- Water: Public
- Listing Type: Exclusive Right To Sell
- Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal, Water, Scavenger, Parking
- Master Bedroom Flooring: Carpet
- Parking Type: Garage
- Addtl Room 1 Level: Main Level
- 2nd Bedroom Level: Main Level
- Kitchen Level: Main Level
- Lot Description: Landscaped Professionally, Golf Course Lot, Mature Trees, Streetlights
- Living Room Level: Main Level
- Master Bedroom Level: Main Level
- Common Area Amenities: Storage, Sundeck, Elevator
- Dining Room Level: Not Applicable
- Kitchen Flooring: Hardwood
- Living Room Flooring: Hardwood
- 3rd Bedroom Flooring: Hardwood
- Other Information: School Bus Service, Interstate Access
- Heat/Fuel: Electric
- Addtl Room 2 Level: Main Level
- Addtl Room 1 Flooring: Hardwood
- Addtl Room 1 Name: Eating Area
- Bath Amenities: Double Sink
- 3rd Bedroom Level: Main Level
- Addtl Room 2 Name: Balcony
- Addtl Room 10 Level: Not Applicable
- Addtl Room 6 Level: Not Applicable
- Addtl Room 7 Level: Not Applicable
- Addtl Room 8 Level: Not Applicable
- Addtl Room 9 Level: Not Applicable
- Frequency: Monthly
- Status: Contingent
- Square Feet Source: Assessor
- Master Bedroom Bath (Y/N): Full, Double Sink
- Age: 41-50 Years
- Garage On-Site: Yes
- Interior Property Features: 1st Floor Bedroom, Hardwood Floors, Laundry Hook-Up in Unit, 1st Floor Laundry, Storage, 1st Floor Full Bath, Elevator, Walk-In Closet(s), Some Carpeting, Some Wood Floors, Open Floorplan, Lobby, 42 Inch Hallways
- Recent Rehab (Y/N): Yes
- Additional Rooms: Balcony
- Exterior Property Features: End Unit, Deck
- Is Parking Included in Price: Yes
- Type of House: Penthouse, Low Rise (1-3 Stories)
- Lot Dimensions: COMMON
- Garage Type: Attached2, Attached
- Laundry Level: Main Level
- Laundry Flooring: Ceramic Tile
- 2nd Bedroom Flooring: Carpet
- Are any property photos virtually staged?: Yes
- Additional Rooms: Eating Area
- Aprox. Total Finished Sq Ft: 0
- Total Sq Ft: 0
- Parcel Identification Number: 1909252040180000
- Tax Year: 2019
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2025 | Sold | $320,000+20.8%$168/sqft |
Source: Public Record Report a problem | ||
| 10/26/2020 | Sold | $265,000+60.4%$139/sqft |
Source:  MRED as distributed by MLS GRID #10890630 Report a problem | ||
| 11/18/2019 | Sold | $165,200-24.2%$87/sqft |
Source: MRED as distributed by MLS GRID #10342379 Report a problem | ||
| 3/15/2007 | Sold | $218,000+45.3%$115/sqft |
Source: Public Record Report a problem | ||
| 11/2/1994 | Sold | $150,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,965 +6.1% | $95,903 +12% |
| 2023 | $6,562 +7.4% | $85,651 +9.8% |
| 2022 | $6,112 +6.3% | $78,014 +6.9% |
| 2021 | $5,749 +11.2% | $72,985 +2.9% |
| 2020 | $5,169 +3.7% | $70,928 +2.7% |
| 2019 | $4,984 +0.8% | $69,030 +1.8% |
| 2018 | $4,943 +0.4% | $67,806 +2.4% |
| 2017 | $4,923 +2.9% | $66,223 +3.5% |
| 2016 | $4,783 +3.2% | $63,953 +3.6% |
| 2015 | $4,634 | $61,701 +0.7% |
| 2014 | $4,634 -8.8% | $61,273 -9.4% |
| 2013 | $5,080 -2.3% | $67,661 -5% |
| 2012 | $5,200 +0.5% | $71,222 -3.8% |
| 2011 | $5,176 +1.2% | $74,013 -3.5% |
| 2010 | $5,116 +3.6% | $76,698 -2.4% |
| 2009 | $4,940 +1.8% | $78,544 |
| 2008 | $4,851 | $78,544 -2.6% |
| 2007 | -- | $80,682 +7.5% |
| 2006 | $4,995 +5.3% | $75,053 +8.4% |
| 2005 | $4,743 +7% | $69,224 +8% |
| 2004 | $4,432 +1.9% | $64,096 +5.1% |
| 2003 | $4,348 | $60,974 |
Find assessor info on the county website
Neighborhood: Prestwick
Nearby schools
GreatSchools rating
- 9/10Chelsea Elementary SchoolGrades: 3-5Distance: 0.8 mi
- 10/10Hickory Creek Middle SchoolGrades: 6-8Distance: 5.3 mi
- 8/10Lincoln-Way East High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Grand Prairie Elementary School
- Middle: Hickory Creek Middle School
- High: Lincoln-Way East High School
Source: The MLS. 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
$338,000
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
$338,000
- Illinois
- Will County
- Frankfort
- 60423
- Prestwick
- 7319 Colony Ln Apartment 3B
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