720 Franklin St
Lanark, IL 61046
3 bd 1,962 sqft Built 1878 Lot 17,119 sqft single_family
Most recent sale
$92,000
Jul 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 28, 2022 | Sold | $92,000 | Public Record |
| Jun 13, 2022 | Listed | $99,900 | MLS #202203655 |
| Apr 22, 2019 | Sold | $72,000 | Public Record |
| Nov 13, 2018 | Listed | $79,900 | MLS #20181689 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $21,748 | $5,230 | $26,978 | $1,647 |
| 2022 | $19,418 | $4,670 | $24,088 | $1,472 |
| 2021 | $19,418 | $4,670 | $24,088 | $1,529 |
| 2020 | $21,678 | $4,670 | $26,348 | $1,727 |
| 2019 | $21,678 | $4,670 | $26,348 | $2,317 |
| 2018 | $21,678 | $4,670 | $26,348 | $1,793 |
| 2017 | $21,678 | $4,670 | $26,348 | $1,777 |
| 2016 | $21,618 | $4,670 | $26,288 | $1,757 |
| 2015 | $21,618 | $4,670 | $26,288 | $1,743 |
| 2014 | $21,618 | $4,670 | $26,288 | $1,660 |
| 2013 | $21,618 | $4,670 | $26,288 | $1,812 |
| 2012 | $23,536 | $3,036 | $26,572 | $1,831 |
| 2011 | $23,536 | $3,036 | $26,572 | $1,776 |
| 2010 | $25,864 | $3,336 | $29,200 | $1,870 |
| 2009 | $25,864 | $3,336 | $29,200 | $1,776 |
| 2008 | $26,260 | $3,393 | $29,653 | $1,789 |
Property facts
Year built
1878
Property type
single_family
Stories
2
Beds
3
Baths
—
Living area
1,962 sqft
Lot size
17,119 sqft
ZIP code
61046
City
Lanark
Street
Franklin St
Coordinates
42.10094, -89.82349
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$552
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 720 Franklin St last sell?
720 Franklin St most recently sold on Jul 28, 2022 for $92,000.
What is the current tax assessment for 720 Franklin St?
The most recent total assessment for 720 Franklin St (year 2023) is $26,978 with $1,647 in property tax.
How does 720 Franklin St's assessment compare to its last sale price?
The current assessment is 70.7% below the last sale price of $92,000.
When was 720 Franklin St built?
720 Franklin St was built in 1878.
How does 720 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 720 Franklin St?
720 Franklin St is a 3 bed, 1,962 sqft, 17,119 sqft lot single_family.
Is 720 Franklin St a flip candidate?
No — 720 Franklin St does not appear in our flips dataset.
Is 720 Franklin St a tax-appeal candidate?
No — 720 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