Franklin Park IL Landlot Properties For Sale
The median home value in Franklin Park, IL is $264,500. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Franklin Park, IL is $264,500. Approximately 67.40% of Franklin Park homes are owned, compared to 24.57% rented, while 8.04% are vacant. Franklin Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Franklin Park real estate agent to arrange a tour today!
Learn More About Franklin Park Real EstateStatistics & facts
18,435
Population
$264K
Medium Home Value
5,915
# of Households
8.04%
Housing Vacancy
46.66%
Future Job Growth
3.40%
Unemployment Rate
The data relating to real estate for sale on this web site comes in part from the IDX Program of the West Penn MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 West Penn Multi-List™. All rights reserved.
Population
Franklin Park has a population of approximately 18,435 and experiences a population change rate of -5.14%. The population density is 3,862.4 / sq mi.
Household
The median household income for Franklin Park is $70,221, with 5,915 households and an average household size of 3.11.
Cost of Living
The cost of living index in Franklin Park is 109.5%.
Home Value
The median value of a home in Franklin Park is $264,500 with an appreciation rate of 12.6%. 67.4% of housing in the city is owned while 24.6% is rented.
Employment
The unemployment rate in Franklin Park is 3.40%, and recent job growth is at 1.09%. Future job growth is projected at 46.66%.
Taxes
The sales tax rate in Franklin Park is 10.25%, while the income tax rate is 4.95%.
Education
School expenditures in Franklin Park are $21,907, and the school ratio is 14:1.
Weather
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 38.1 inches per year, with 37.2 inches of snow per year.
Education near Franklin Park IL
| Metric | City | County |
|---|---|---|
| High School Graduates | 77.69 | 87.97 |
| College Degree - 2 year | 7.41 | 6.73 |
| College Degree - 4 year | 16.12 | 40.75 |
| Graduate Degree | 2.74 | 12.01 |
| Expenditures per Student | $21,907 | $21,907 |
| Students per Teacher | 14.00 | 14.00 |
Elementary Schools near Franklin Park IL
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Dan H Pietrini Elementary School | PK - 05 | 257 | 11.4 | 60131 |
| Grant Primary | KG - KG | 150 | 14.6 | 60165 |
| J W Riley Elementary School | KG - 05 | 412 | 15 | 60164 |
| John F Kennedy Elementary School | PK - 03 | 755 | 17.1 | 60176 |
| Mannheim Early Childhood Center | PK - KG | 191 | 28.5 | 60164 |
| North Elementary School | PK - 05 | 237 | 13.2 | 60131 |
| Passow Elementary School | KG - 05 | 391 | 16.3 | 60131 |
| Rhodes Elementary School | PK - 08 | 702 | 11.4 | 60171 |
| River Grove Elementary School | KG - 08 | 679 | 14.3 | 60171 |
| Roy Elementary School | KG - 05 | 634 | 14.4 | 60164 |
| Scott Elementary School | KG - 05 | 465 | 12.9 | 60164 |
| Westdale Elementary School | PK - 05 | 563 | 14.1 | 60164 |
| Whittier Elementary School | PK - 05 | 558 | 18.8 | 60164 |
Middle Schools near Franklin Park IL
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Hester Junior High School | 06 - 08 | 424 | 13 | 60131 |
| Lincoln Middle School | 06 - 08 | 412 | 13.1 | 60176 |
| Mannheim Middle School | 06 - 08 | 895 | 14.9 | 60164 |
| Northlake Middle School | 06 - 08 | 398 | 14.8 | 60164 |
| Washington Elementary School | 04 - 05 | 265 | 14.3 | 60176 |
High Schools near Franklin Park IL
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| East Leyden High School | 09 - 12 | 1760 | 16.4 | 60131 |
| West Leyden High School | 09 - 12 | 1579 | 14.7 | 60164 |
Ungraded Schools near Franklin Park IL
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * West 40 ALOP Achievers | 09 - 12 | 0 | null | 60131 |
| Enger School | PK - 09 | 77 | 5.9 | 60131 |
