8043 Magnolia Dr
Frankfort, IL 60423
5 bd 3 ba 7,973 sqft Built 1972 Lot 8,276 sqft single_family
Most recent sale
$295,000
Sep 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 14, 2022 | Sold | $295,000 | MLS #11477633 |
| Jul 29, 2022 | Listed | $299,900 | MLS #11477633 |
| Jun 2, 2022 | Sold | $190,000 | Public Record |
| Jul 29, 1992 | Sold | $127,000 | Public Record |
| Sep 14, 1984 | Sold | $71,800 | Public Record |
| Sep 1, 1984 | Sold | $71,800 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $79,857 | $21,018 | $100,875 | $7,833 |
| 2022 | $64,960 | $17,097 | $82,057 | $6,944 |
| 2021 | $60,773 | $15,995 | $76,768 | $6,501 |
| 2020 | $59,060 | $15,544 | $74,604 | $6,397 |
| 2019 | $57,479 | $15,128 | $72,607 | $6,179 |
| 2018 | $55,827 | $14,693 | $70,520 | $5,948 |
| 2017 | $54,524 | $14,350 | $68,874 | $5,820 |
| 2016 | $52,655 | $13,858 | $66,513 | $5,635 |
| 2015 | $50,801 | $13,370 | $64,171 | $5,508 |
| 2014 | $50,448 | $13,277 | $63,725 | $5,425 |
| 2013 | $51,102 | $13,449 | $64,551 | $5,271 |
| 2012 | $53,792 | $14,157 | $67,949 | $5,224 |
| 2011 | $56,623 | $14,902 | $71,525 | $5,145 |
| 2010 | $57,051 | $15,015 | $72,066 | $4,882 |
| 2009 | $58,424 | $15,376 | $73,800 | $4,685 |
| 2008 | $64,916 | $17,084 | $82,000 | $5,077 |
| 2007 | $63,333 | $16,667 | $80,000 | $4,970 |
| 2006 | $55,034 | $12,801 | $67,835 | $4,354 |
Property facts
Year built
1972
Property type
single_family
Stories
—
Beds
5
Baths
3
Living area
7,973 sqft
Lot size
8,276 sqft
ZIP code
60423
City
Frankfort
Street
Magnolia Dr
Coordinates
41.52443, -87.81271
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,770
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 8043 Magnolia Dr last sell?
8043 Magnolia Dr most recently sold on Sep 14, 2022 for $295,000.
What is the current tax assessment for 8043 Magnolia Dr?
The most recent total assessment for 8043 Magnolia Dr (year 2024) is $100,875 with $7,833 in property tax.
How does 8043 Magnolia Dr's assessment compare to its last sale price?
The current assessment is 65.8% below the last sale price of $295,000.
When was 8043 Magnolia Dr built?
8043 Magnolia Dr was built in 1972.
How does 8043 Magnolia Dr compare to others on Magnolia Dr?
We track 3 other properties on Magnolia Dr. Browse the list under "Other properties on Magnolia Dr" to compare beds, baths, and sale history.
What are the property facts for 8043 Magnolia Dr?
8043 Magnolia Dr is a 5 bed, 3 bath, 7,973 sqft, 8,276 sqft lot single_family.
Is 8043 Magnolia Dr a flip candidate?
Yes — 8043 Magnolia Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8043 Magnolia Dr a tax-appeal candidate?
No — 8043 Magnolia Dr 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 Magnolia Dr