Franklin Park IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1909
Baths:
3.00
MLS#:
12123864

ADDITIONAL INFORMATION

Amazing opportunity to own this two flat in the heart of Franklin Park. The property makes for a great owner occupancy arrangement or an income earning opportunity. The rehabbed 2-flat is in a fantastic neighborhood on an extra-wide lot! Features include updated kitchens and bathrooms on each floor, plus a fully finished basement with full bath, kitchen, living room and office/bedroom. Tenant occupied on the first floor and available on the second. Come see this for yourself and make it your own. Multiple offers received. Awaiting village inspect.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1944
Baths:
5.00
MLS#:
12182958

ADDITIONAL INFORMATION

This is exceptional opportunity to acquire a 2-flat property, ideally situated in the heart of Franklin Park. This expansive nearly 5,000 square foot building features 8 bedrooms and 4.5 bathrooms, offering flexibility for rental income or multi-generational living. Both units span three levels, each with a unique floor plan. Recent updates include a newer roof, water heater, aluminum siding, and a meticulously restored wood-burning fireplace. The 3412 unit equipped with high-end appliances, including a new refrigerator and cooktop, as well as updated granite countertop. Unit 3410 provides additional versatility with a first-floor sub-unit complete with its own kitchen, bedroom, and living area-ideal for guests or additional rental potential. Spacious basement and ample storage. Additional features include a whole-house drinking water filtration system. Updated oversized 2.5-car garage, and parking for 5 additional vehicles. Located in a highly desirable area with easy access to I-294 and O'Hare International Airport, this property is also less than a 10-minute drive to the Mannheim Metra Train Station, providing excellent connectivity. Don't miss this excellent investment opportunity

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Franklin Park Real Estate

The median home value in Franklin Park, IL is $330,000. This is higher 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 $330,000. Approximately 67.4% 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!

Franklin Park, Illinois has a population of 18,435. Franklin Park is less family-centric than the surrounding county with 29.06% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Franklin Park, Illinois is $70,221. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Franklin Park is 38.3 years.

Franklin Park 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.

Franklin Park Real Estate Market Conditions

  • Median sales price

    $330,000
    12.6% change since last quarter
  • # Active listings

    50
    30-day change

Franklin Park Schools and Demographics

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 14

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 1,760 16.4 60131
West Leyden High School 09 - 12 1,579 14.7 60164

Ungraded Schools near Franklin Park, IL

School Grades Students P/T Ratio ZIP
* West 40 ALOP Achievers 09 - 12 0 60131
Enger School PK - 09 77 5.9 60131

Demographics near Franklin Park, IL

Metric City County
Neighborhood Type Suburban
Population 18,435 5,265,398
Population Density 3,862 5,572
Median Age 38.3 37.3
People per Household 3.1 2.5
Median Household Income 70,221 72,121
Average Income per Capita 27,865 41,706