7319 Colony Ln
Frankfort, IL 60423
2 bd 2 ba 1,400 sqft Built 1972 condos
Most recent sale
$225,000
May 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 29, 2025 | Sold | $300,000 | MRED |
| Aug 2, 2025 | Listed | $299,900 | MRED |
| May 13, 2022 | Sold | $225,000 | MLS #11349686 |
| Mar 17, 2022 | Listing removed | $239,000 | MRED |
| Mar 17, 2022 | Listed | $235,000 | MLS #11349686 |
| Feb 18, 2022 | Listed | $239,000 | MLS #11327557 |
Tax assessment history
No tax assessment data
No assessment history available for this parcel.
Property facts
Year built
1972
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,400 sqft
Lot size
—
ZIP code
60423
City
Frankfort
Street
Colony Ln
Coordinates
41.49567, -87.79815
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,520
Gross rental yield
13.44%
Implied cap rate
8.74%
Trend-extrapolated value
—
Frequently asked questions
When did 7319 Colony Ln last sell?
7319 Colony Ln most recently sold on May 13, 2022 for $225,000.
What is the current tax assessment for 7319 Colony Ln?
No tax-assessment history is recorded for this parcel.
When was 7319 Colony Ln built?
7319 Colony Ln was built in 1972.
How does 7319 Colony Ln compare to others on Colony Ln?
We track 8 other properties on Colony Ln. Browse the list under "Other properties on Colony Ln" to compare beds, baths, and sale history.
What are the property facts for 7319 Colony Ln?
7319 Colony Ln is a 2 bed, 2 bath, 1,400 sqft condos.
Is 7319 Colony Ln a flip candidate?
No — 7319 Colony Ln does not appear in our flips dataset.
Is 7319 Colony Ln a tax-appeal candidate?
No — 7319 Colony Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$492.9K
2026 Q4
$501.3K
ZIP 60423 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Colony Ln