321 Franklin St
Lanark, IL 61046
5 bd 2 ba 2,356 sqft Built 1888 Lot 6,098 sqft single_family
Most recent sale
$118,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $118,000 | MLS #11311925 |
| May 10, 2022 | Price changed | $143,000 | MLS #11311925 |
| Apr 5, 2022 | Price changed | $149,500 | MLS #11311925 |
| Jan 26, 2022 | Listed | $149,900 | MLS #11311925 |
| Oct 26, 2009 | Sold | $175,000 | Public Record |
| Oct 26, 2009 | Listing removed | $159,900 | Freeport |
| Oct 18, 2009 | Price changed | $159,900 | MLS #190960 |
| Jul 20, 2009 | Price changed | $164,900 | MLS #190960 |
| Apr 23, 2009 | Listed | $179,000 | MLS #190960 |
| Jan 1, 2009 | Sold | $175,000 | Public Record |
| Dec 1, 1999 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $48,722 | $2,318 | $51,040 | $3,538 |
| 2022 | $43,502 | $2,070 | $45,572 | $3,222 |
| 2021 | $43,502 | $2,070 | $45,572 | $3,345 |
| 2020 | $42,622 | $2,070 | $44,692 | $3,284 |
| 2019 | $42,622 | $2,070 | $44,692 | $3,402 |
| 2018 | $42,622 | $2,070 | $44,692 | $3,409 |
| 2017 | $42,622 | $2,070 | $44,692 | $3,379 |
| 2016 | $42,456 | $2,070 | $44,526 | $3,336 |
| 2015 | $42,456 | $2,070 | $44,526 | $3,309 |
| 2014 | $42,456 | $2,070 | $44,526 | $3,152 |
| 2013 | $42,456 | $2,070 | $44,526 | $3,440 |
| 2012 | $38,853 | $1,344 | $40,197 | $3,044 |
| 2011 | $38,853 | $1,344 | $40,197 | $2,952 |
| 2010 | $42,696 | $1,477 | $44,173 | $3,076 |
| 2009 | $42,696 | $1,477 | $44,173 | $2,921 |
| 2008 | $30,247 | $1,485 | $31,732 | $1,943 |
Property facts
Year built
1888
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,356 sqft
Lot size
6,098 sqft
ZIP code
61046
City
Lanark
Street
Franklin St
Coordinates
42.10153, -89.82937
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$708
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 321 Franklin St last sell?
321 Franklin St most recently sold on Jun 17, 2022 for $118,000.
What is the current tax assessment for 321 Franklin St?
The most recent total assessment for 321 Franklin St (year 2023) is $51,040 with $3,538 in property tax.
How does 321 Franklin St's assessment compare to its last sale price?
The current assessment is 56.7% below the last sale price of $118,000.
When was 321 Franklin St built?
321 Franklin St was built in 1888.
How does 321 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 321 Franklin St?
321 Franklin St is a 5 bed, 2 bath, 2,356 sqft, 6,098 sqft lot single_family.
Is 321 Franklin St a flip candidate?
No — 321 Franklin St does not appear in our flips dataset.
Is 321 Franklin St a tax-appeal candidate?
No — 321 Franklin St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$641.3K
2026 Q4
$641.3K
ZIP 61046 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin St