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22471 Majestic Ln

Frankfort, IL 60423

4 bd 4 ba 4,000 sqft Built 2022 Lot 17,860 sqft single_family
Most recent sale
$689,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $689,000 MLS #11460173
Sep 2, 2022 Price changed $699,000 MLS #11460173
Aug 17, 2022 Price changed $729,000 MLS #11460173
Aug 1, 2022 Price changed $749,000 MLS #11460173
Jul 27, 2022 Price changed $769,000 MLS #11460173
Jul 11, 2022 Listing removed $809,000 MRED
Jul 11, 2022 Listed $779,000 MLS #11460173
Feb 24, 2022 Price changed $809,000 MLS #11312574
Jan 27, 2022 Listed $779,000 MLS #11312574
May 15, 2018 Sold $1,418,000 Public Record
Jul 24, 2012 Sold $1,722,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $219,045 $29,407 $248,452 $19,051
2022 $10,096 $10,096 $856
2021 $9,445 $9,445 $810
2020 $9,179 $9,179 $792
2019 $8,933 $8,933 $767
2018 $8,676 $8,676 $754
2017 $8,473 $8,473 $755
2016 $8,183 $8,183 $739
2015 $7,895 $7,895 $729
2014 $7,840 $7,840 $722
2013 $7,942 $7,942 $712

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
4,000 sqft
Lot size
17,860 sqft
ZIP code
60423
City
Frankfort
Street
Majestic Ln
Coordinates
41.48235, -87.82142

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,200
Gross rental yield
12.54%
Implied cap rate
8.15%
Trend-extrapolated value

Frequently asked questions

When did 22471 Majestic Ln last sell?
22471 Majestic Ln most recently sold on Oct 7, 2022 for $689,000.
What is the current tax assessment for 22471 Majestic Ln?
The most recent total assessment for 22471 Majestic Ln (year 2024) is $248,452 with $19,051 in property tax.
How does 22471 Majestic Ln's assessment compare to its last sale price?
The current assessment is 63.9% below the last sale price of $689,000.
When was 22471 Majestic Ln built?
22471 Majestic Ln was built in 2022.
How does 22471 Majestic Ln compare to others on Majestic Ln?
We track 6 other properties on Majestic Ln. Browse the list under "Other properties on Majestic Ln" to compare beds, baths, and sale history.
What are the property facts for 22471 Majestic Ln?
22471 Majestic Ln is a 4 bed, 4 bath, 4,000 sqft, 17,860 sqft lot single_family.
Is 22471 Majestic Ln a flip candidate?
No — 22471 Majestic Ln does not appear in our flips dataset.
Is 22471 Majestic Ln a tax-appeal candidate?
No — 22471 Majestic Ln 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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