See Home Value
Frankfort Square 60423
7203 W Mathews Drive
$355,000
● House - Off Market

7203 W Mathews Drive

Frankfort, IL 60423
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,824 Ft²
$2,372
Est. Monthly

About This Property

Coming soon in Frankfort Square! Introducing one of the most well cared and updated tri-level home in booming Frankfort. This home is the perfect blend of space, style, and value - and it's exactly what today's buyers are searching for in 2026! From the moment you step inside, you'll be impressed by the soaring 11-foot vaulted ceilings and the bright, open-concept layout that seamlessly connects the living room, dining area, and kitchen, creating the ideal space for both everyday living and entertaining.    Upstairs, you'll find three spacious bedrooms, including a comfortable primary suite featuring a walk-in closet and convenient access to the shared updated bathroom. The inviting lower level offers the perfect cozy retreat with a wood-burning fireplace plus a versatile bonus room ideal for a home office, playroom, gym, craft room, or potential 4th bedroom - giving today's buyers the flexibility they need.    As you step outside you will enjoy your own private backyard oasis complete with a fully fenced yard, brick paver patio and dedicated garden area - perfect for summer gatherings, relaxing evenings, and outdoor living.    This home has been meticulously maintained with major updates already completed for peace of mind.    Located in one of Frankfort's most desirable areas, you'll love being just minutes from shopping, restaurants, Metra access, I-80, I-57, parks, and top-rated schools including highly sought-after Lincoln-Way East High School.    Move-in ready homes with this much space, charm, and value are becoming harder to find in Frankfort - don't miss your opportunity to make this one yours!
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$192
Property Type
House
Property Taxes
$653
HOA Dues
-
Year Built
1985

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 456
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,740
  • Total Building Area: 1,212
  • Building Area: 1,212
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 1,212
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKFORT SQUARE UNIT #17
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1 BLOCK 52 IN FRANKFORT SQUARE UNIT 17, BEING A SUB OF PRT OF THE E1/2 OF THE NE1/4 OF SEC. 24, T35N-R12E.

Neighborhood

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

Geography

  • Parcel: 19-09-24-211-001
  • Block: 52
  • Lot: 1
  • Meridian: SEC 24 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5115
  • Longitude: -87.7934

    Address

  • Full Address: 7203 W Mathews Dr
  • Legal Unit: 17
  • Address - House Number: 7203
  • Street Direction: W
  • Address - Street Name: Mathews
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R011
  • 4-Digit Zip Code: 9080
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $678,834
  • Tax Rate Code Area: 1924

    Appraisal Valuation

  • Standard Deviation: 0.1675
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 324,251
  • High Value: 378,577
  • Low Value: 269,925

    Market Valuation

  • Market Total Value: $241,044
  • Market Land Value: $51,291
  • Market Improvement Value: $189,753

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,348
  • Assessed Land Value: $17,097
  • Assessed Improvements Value: $63,251

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: Aug 27, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2020072082
  • Previous Sale Recording Date: Aug 23, 2000
  • Previous Sale Contract Date: Jun 07, 2000
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Frankfort Square


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Frequently Asked Questions

When was property at 7203 West Mathews Drive built and last sold?
The property at 7203 West Mathews Drive was built in 1985 and last sold on May 22, 2020 for $239,900.
How much is this home worth?
The estimated value of the home located at 7203 West Mathews Drive is $355,064.
What are some comparable homes to 7203 West Mathews Drive?
There are currently no comparable homes to 7203 West Mathews Drive.