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$484,700
● House - In Contract

2727 Elder Lane

Franklin Park, IL 60131
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,514 Ft²
$3,115
Est. Monthly

About This Property

***Multiple Offers*** Refined Elegance, Exceptional Detail & Unmatched Outdoor Living in Franklin Park! This striking corner-property residence offers a sophisticated blend of modern style, thoughtful design, and functional upgrades, all just minutes from O'Hare International Airport. From the impressive front entry to the meticulously designed interior, every space reflects careful attention to detail and quality craftsmanship.  The heart of the home is the beautifully appointed kitchen, featuring heated flooring, modern finishes, and a stove with both gas and electric connections. Seamlessly adjacent to the kitchen is an extraordinary multi-tiered, covered 23' x 14' deck designed for year-round entertaining and relaxation. The private, fenced and secluded yard creates an intimate outdoor retreat complete with a built-in BBQ, hot tub/Jacuzzi, wood-burning fireplace, fire table, paver patio, and children's playground-an exceptional combination of amenities rarely found in one property.  A coveted second-floor primary suite offers a true private sanctuary, with multiple closets and a luxurious spa-inspired bathroom featuring heated floors, a trifecta shower jets, heated towel rack, elegant boutique-style tilework, and built-in niches. Step outside to the primary suite's private rooftop balcony, creating an additional space to enjoy your morning coffee or unwind at the end of the day.  Additional highlights include an oversized 2.5-car garage door and numerous modern functional upgrades. Major improvements include a new copper water service installed in 2025 and a tear-off roof completed in 2020. Situated on a desirable corner lot in a convenient Franklin Park location with easy access to O'Hare, transportation, shopping, dining, and major roadways. A distinctive home offering refined interiors, exceptional outdoor living, and a level of detail that must be experienced in person.
Unit Size
1,514 Ft²
Days on Market
-
Land Size
-
Price per sqft
$320
Property Type
House
Property Taxes
$735
HOA Dues
-
Year Built
1944

Listed By

Lukasz Kristen
Great Lakes Realty Central Inc

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Property Highlights

Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Parking Features: Concrete, Garage Door Opener, Garage, Attached, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms: 8
Basement: Finished, Full
Exterior Details
Square Footage: 1514
Square Footage Source: $0
Year Built: 1940
Construction Materials: Brick
Patio and Porch Features: Deck, Patio
Lot Size Dimensions: 120x80
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $8,819
Utilities Details
Cooling Type: Central Air, Window Unit(s)
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,240
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,514
  • Gross Building Area: 1,514
  • Building Area: 1,514
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,514
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTBROOK UNIT3 BEING MILLS & SONS
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (WESTBROOK) (UNIT3) BEING (MILLS) & (SONS) SUB IN EH SE 28-40-12

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811402

Geography

  • District: 20
  • Parcel: 12-28-407-022-0000
  • Block: 10
  • Lot: 16
  • Meridian: SEC 28 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9288
  • Longitude: -87.871

    Address

  • Full Address: 2727 Elder Ln
  • Legal Unit: 3
  • Address - House Number: 2727
  • Address - Street Name: Elder
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C007
  • 4-Digit Zip Code: 3225
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $739,657
  • Tax Rate Code Area: 20028

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 342,926
  • High Value: 422,930
  • Low Value: 262,922

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $61,800
  • Market Improvement Value: $208,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $6,180
  • Assessed Improvements Value: $20,820

    Sales

  • Current Sale Contract Date: Jun 15, 2012
  • Current Sale Recording Date: Jun 20, 2012
  • Current Sale Document Type: 42
  • Current Sale Input Document Number: 1217244076
  • Previous Sale Recording Date: Sep 10, 2007
  • Previous Sale Contract Date: Jul 24, 2007
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Franklin Park


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Nearby Rentals

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Unit for rent at 8636 Grand Avenue, River Grove, IL, 60171

$2,150 /mo

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8636 Grand Avenue #3A, River Grove, IL, 60171 Listing by Marco Garcia
Unit for rent at 2710 Reuter Street, Franklin Park, IL, 60131

$2,900 /mo

  • 3 Beds
  • 1 Bath
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2710 Reuter Street, Franklin Park, IL, 60131 Listing by Simon Kowalski


Frequently Asked Questions

When was property at 2727 Elder Lane built and last sold?
The property at 2727 Elder Lane was built in 1944 and last sold on Jun 15, 2012 for $0.
How much is this home worth?
The estimated value of the home located at 2727 Elder Lane is $486,864.
What are some comparable homes to 2727 Elder Lane?
There are currently no comparable homes to 2727 Elder Lane.