$949,000
●
House -
For Sale
7428 GRANTON Place
Frankfort, IL 60423
4 Beds
3 Baths,
1
Half Bath
3,200 Ft²
$4,685
Est. Monthly
$25
HOA / Fees
About This Property
NEW & UNDER CONSTRUCTION W OCCUPANCY DECEMBER 2026! Still time to
make your CUSTOM SELECTIONS! Gorgeous 4 bedroom, 3.5 bathroom
Custom 2-Story W WALK-OUT BASEMENT, Covered front porch elevation,
3 Car attached garage, COVERED rear deck & Concrete patio! ALL
sitting on a gorgeous WOODED LOT! This Sprawling open floor plan
features a Large Kitchen W contrast island, breakfast bar & walk-in
pantry, Huge family room W sprawling 2-Story ceilings, fireplace &
plenty of natural light, Main floor office & Laundry, Huge master
bedroom W His & Her walk-in closets, Ensuite master bathroom W
double bowl sinks, custom WALK-IN shower & separate tub, Bedroom 2
W private princess bathroom, Bedrooms 3 & 4 W convenient access to
full hall bath W double bowl sinks & tub/shower combo! Amazing
location seconds to great Shopping, Dining, Major interstate access
& Award winning LINCOLN-WAY SCHOOLS! **Photos not from actual home,
AI Renderings of plan**
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$297
Property Type
House
Property Taxes
-
HOA Dues
$25
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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
Fireplace
Parking Details
Has Garage
Parking Features: Concrete, Garage Door Opener, Attached, Garage, Yes, Garage Owned
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Vaulted Ceiling(s), Cathedral Ceiling(s), Dry Bar, Walk-In Closet(s), High Ceilings, Open Floorplan
Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
Flooring Type: Hardwood
Door Features: ENERGY STAR Qualified Doors, Sliding Doors
Laundry Features: Main Level, Gas Dryer Hookup, In Unit
Rooms: 8
Has Fireplace
Fireplace Features: Gas Log, Heatilator
Fireplaces: 1
Basement: Unfinished, Exterior Entry, Bath/Stubbed, Full, Walk-Out Access, 9 ft + pour
Exterior Details
Square Footage: 3200
Square Footage Source: $0
Architectural Style: Traditional
Year Built: 2026
Window Features: Screens, Double Pane Windows, ENERGY STAR Qualified Windows
Construction Materials: Brick
Patio and Porch Features: Deck, Patio, Porch
Lot Features: Wooded, Forest Preserve Adjacent, Nature Preserve Adjacent, Mature Trees
Lot Size Area: 23086.8
Lot Size Units: Square Feet
Lot Size Acres: 0.53
Lot Size Square Feet: 23086.8
Lot Size Dimensions: 23059
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Other
HOA Fee: $300
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Frankfort
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Listed by: Raymond Morandi, Morandi Properties, Inc
Data Source: MRED, MLS# MRD12645598
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.
Data Source: MRED, MLS# MRD12645598
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