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Frankfort 60423
Undisclosed Address
Photo of 21409 Plank Trail Drive
Sold on Jul 23, 2026

62

Map

Photo of 21409 Plank Trail Drive
Photo of 21409 Plank Trail Drive
$610,000
● House - Off Market

Undisclosed Address

Frankfort, IL 60423
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,841 Ft²
$3,837
Est. Monthly
$8
HOA / Fees
Unit Size
3,841 Ft²
Days on Market
-
Land Size
-
Price per sqft
$153
Property Type
House
Property Taxes
$936
HOA Dues
$8
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 6
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,745
  • Total Building Area: 2,817
  • Building Area: 2,817
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 2,817
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLANK TRAIL ESTATES
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 55 IN PLANK TRAIL ESTATES PHASE 2 BEING A SUB IN THE SE 1/4 OF SEC 24, T35N-R12E.

Neighborhood

  • School District Name: Summit Hill School District 161
  • Census Tract: 883505

Geography

  • Subdivision Phase Number: 2
  • Parcel: 19-09-24-403-019
  • Lot: 55
  • Meridian: SEC 24 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5007
  • Longitude: -87.7983

    Address

  • Full Address: 21409 Plank Trail Dr
  • Address - House Number: 21409
  • Address - Street Name: Plank Trail
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R007
  • 4-Digit Zip Code: 8871
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $994,684
  • Tax Rate Code Area: 1958

    Appraisal Valuation

  • Standard Deviation: 0.1581
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 477,457
  • High Value: 552,945
  • Low Value: 401,969

    Market Valuation

  • Market Total Value: $333,552
  • Market Land Value: $28,710
  • Market Improvement Value: $304,842

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,184
  • Assessed Land Value: $9,570
  • Assessed Improvements Value: $101,614

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 24, 2023
  • Current Sale Recording Date: Jun 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30233
  • Previous Sale Recording Date: Jul 08, 2019
  • Previous Sale Contract Date: May 31, 2019
  • Previous Sale Amount: $362,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Frankfort

Stats & Trends

Median Asking:

$662,450

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3312 ft²

Average Home Age

30.2 years

Currently For Sale

61 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 23 Apollo Court, Tinley Park, IL, 60477

$3,700 /mo

  • 3 Beds
  • 2 Baths
23 Apollo Court, Tinley Park, IL, 60477 Listing by John Schober
Unit for rent at 8566 Huckins Drive, Frankfort, IL, 60423

$4,200 /mo

  • 3 Beds
  • 3 Baths
  • 2,800 ft²
8566 Huckins Drive, Frankfort, IL, 60423 Listing by Brandon Miller

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Stefanie Campbell, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12681522
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 21409 Plank Trail Drive built and last sold?
The property at 21409 Plank Trail Drive was built in 2002 and last sold on Feb 24, 2023 for $520,000.
How much is this home worth?
The estimated value of the home located at 21409 Plank Trail Drive is $608,630.
What are some comparable homes to 21409 Plank Trail Drive?
There are currently no comparable homes to 21409 Plank Trail Drive.
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