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22983 Folkestone Way

Frankfort, IL 60423

4 bd 4 ba 3,490 sqft Built 2016 Lot 16,117 sqft single_family
Most recent sale
$735,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $735,000 MLS #11365356
Apr 4, 2022 Listed $749,000 MLS #11365356
Apr 27, 2016 Sold $595,000 MLS #09096598
Dec 4, 2015 Listed $595,000 MLS #09096598
Oct 9, 2015 Sold $84,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $218,523 $50,117 $268,640 $23,198
2022 $199,037 $45,648 $244,685 $20,256
2021 $186,207 $42,706 $228,913 $18,701
2020 $180,959 $41,502 $222,461 $18,238
2019 $176,116 $40,391 $216,507 $17,652
2018 $171,053 $39,230 $210,283 $17,339
2017 $167,060 $38,314 $205,374 $17,773
2016 $114,678 $18,818 $133,496 $11,686
2015 $18,155 $18,155 $1,678
2014 $18,029 $18,029 $1,662
2013 $18,263 $18,263 $1,637
2012 $32,666 $32,666 $2,774
2011 $32,666 $32,666 $2,641
2010 $32,666 $32,666 $2,506
2009 $2,645 $2,645 $191
2008 $2,645 $2,645 $186
2007 $2,580 $2,580 $181
2006 $2,400 $2,400 $171

Property facts

Year built
2016
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,490 sqft
Lot size
16,117 sqft
ZIP code
60423
City
Frankfort
Street
Folkestone Way
Coordinates
41.47139, -87.90348

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,282
Gross rental yield
10.26%
Implied cap rate
6.67%
Trend-extrapolated value

Frequently asked questions

When did 22983 Folkestone Way last sell?
22983 Folkestone Way most recently sold on May 31, 2022 for $735,000.
What is the current tax assessment for 22983 Folkestone Way?
The most recent total assessment for 22983 Folkestone Way (year 2024) is $268,640 with $23,198 in property tax.
How does 22983 Folkestone Way's assessment compare to its last sale price?
The current assessment is 63.5% below the last sale price of $735,000.
When was 22983 Folkestone Way built?
22983 Folkestone Way was built in 2016.
How does 22983 Folkestone Way compare to others on Folkestone Way?
We track 8 other properties on Folkestone Way. Browse the list under "Other properties on Folkestone Way" to compare beds, baths, and sale history.
What are the property facts for 22983 Folkestone Way?
22983 Folkestone Way is a 4 bed, 4 bath, 3,490 sqft, 16,117 sqft lot single_family.
Is 22983 Folkestone Way a flip candidate?
No — 22983 Folkestone Way does not appear in our flips dataset.
Is 22983 Folkestone Way a tax-appeal candidate?
No — 22983 Folkestone Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$492.9K
2026 Q4
$501.3K
ZIP 60423 — Median Price History + Forecast

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