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Franklin Park 60131 Franklin Park
9741 Lonnquist Drive
Photo of 9741 Lonnquist Drive

12

Map

Photo of 9741 Lonnquist Drive
Photo of 9741 Lonnquist Drive
$424,900
● House - For Sale

9741 Lonnquist Drive

Franklin Park, IL 60131
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,932 Ft²
$2,759
Est. Monthly

About This Property

VERY NICE AND HUGE HOUSE IN GREAT FRANKLIN PARK AREA. Features: 3 Bedrooms, 2.5 bathrooms, extra rooms for the extended family or home offices. 3 levels of living space, hardwood floors, formal dining room, plus private driveway for convenient parking. Stunning crown moldings add elegance throughout the home, while French doors open to a spacious, fully fenced backyard with a deck-perfect for unforgettable summer entertaining. The finished basement offers additional bonus rooms, ideal for extended family, guests, or flexible living space making this home a great option for a large or multi-generational family. Plenty of room for everyone to live, work, and enjoy! Only minutes from O'Hare Airport & expressways. CALL TODAY FOR A PRIVATE VIEWING!
Unit Size
1,932 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$220
Property Type
House
Property Taxes
$672
HOA Dues
-
Year Built
1950

Listed By

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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

Air Conditioning
Parking Details
Parking Features: Concrete, Driveway, Yes, Owned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Separate Dining Room
Appliances: Range, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Hardwood
Laundry Features: Gas Dryer Hookup, In Unit
Rooms: 9
Basement: Finished, Full
Exterior Details
Square Footage: 1932
Architectural Style: Colonial
Year Built: 1949
Construction Materials: Brick
Patio and Porch Features: Deck
Lot Size Area: 4769.82
Lot Size Units: Square Feet
Lot Size Acres: 0.1095
Lot Size Square Feet: 4769.82
Lot Size Dimensions: 45X102
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $8,064
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,770
  • Lot Size Depth Feet: 450
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 1,456
  • Gross Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANK LON HOMES INC UNIT2
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (FRANK) (LON) HOMES INC (UNIT2) A SUB IN SH NE SE & E X E661.08FT OF S660FT, EX W165FT, & EX S233FT EH EH WH NE SE, ALL IN NW

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811500

Geography

  • District: 20
  • Parcel: 12-21-432-003-0000
  • Lot: 105
  • Meridian: SEC 21 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9409
  • Longitude: -87.87

    Address

  • Full Address: 9741 Lonnquist Dr
  • Legal Unit: 2
  • Address - House Number: 9741
  • Address - Street Name: Lonnquist
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C009
  • 4-Digit Zip Code: 1737
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $778,934
  • Tax Rate Code Area: 20026

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 346,558
  • High Value: 425,692
  • Low Value: 267,425

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $42,930
  • Market Improvement Value: $237,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $4,293
  • Assessed Improvements Value: $23,707

    Sales

  • Current Sale Contract Date: May 17, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6209
  • Previous Sale Recording Date: Oct 24, 2002
  • Previous Sale Contract Date: Sep 30, 2002
  • Previous Sale Amount: $213,000
  • 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 Franklin Park

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$264

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1572 ft²

Average Home Age

68.7 years

Currently For Sale

19 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 4055 Prairie Avenue, Schiller Park, IL, 60176

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
4055 Prairie Avenue #1, Schiller Park, IL, 60176 Listing by Benard Eng

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jorge Vigil, HomeSmart Realty Group
Data Source: MRED, MLS# MRD12559930
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 9741 Lonnquist Drive built and last sold?
The property at 9741 Lonnquist Drive was built in 1950 and last sold on May 17, 2022 for $360,000.
How much is this home worth?
The estimated value of the home located at 9741 Lonnquist Drive is $433,116.
What are some comparable homes to 9741 Lonnquist Drive?
There are currently no comparable homes to 9741 Lonnquist Drive.
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