311 E Franklin Avenue, La Grange, IL 60525
Cook County
Key Facts
Description
Exceptional opportunity for investor to secure a prime piece of real estate in highly desirable downtown La Grange. This 50x134 double lot (2 PINs) offers strong potential for new construction with alley access or long-term value appreciation. Ideally located near dining, shopping, and Metra. A unique chance to create a luxury residence in one of the western suburbs' most desirable communities. Drive-by only. No interior access to the existing structure. Please contact the listing agent before walking the property.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1887
Living Area
1,056 sq ft
Lot Dimensions
50X134
Garage Spaces
2
Parking Spaces
2
Ownership
Fee Simple
Days on Market
4
MLS® Listing#
12704673
Property Features
Cooling
Heating
Basement
Parking
Construction
Sewer
Water Source
Rooms
- Bedroom 210X7Main
- Bedroom 3
- Bedroom 4
- Dining Room15X12Main
- Family Room
- Kitchen12X12Main
- Laundry
- Living Room15X12Main
- Master Bedroom12X7Main
Schools
- High:
- Lyons Twp High School
- District:
- Lyons Twp High School
Financial Details
Annual Taxes
$5,764
Tax year 2023
Parcel Number
18042240180000
Directions
South of Train Tracks. Burlington Ave, to Bluff, South to Franklin, East to property
Affordability Calculator
$59,980
Estimated monthly payment
$1,596/mo
Principal $239,920 · Est. interest $334,710 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in La Grange, IL
- $418,182
- Median Listing Price
- 37
- Median Days on Market
- 1,680
- Median Sq Ft
- $263
- Median Price / Sq Ft
- 54
- Active Listings
- This home’s price is 28% below the area median.
- Its price per sq ft is 8% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in La Grange, IL.
Location
- 311 E Franklin Avenue, La Grange, IL 60525
Points of Interest in La Grange, IL
Showing the La Grange area map.
Nearby Schools
Cossitt Elementary School
Elementary · 0.4 mi away
St Francis Xavier School
Secondary · 0.4 mi away
Kensington School
School · 0.5 mi away
Congress Park School
Elementary · 0.6 mi away
Ogden Avenue School
Elementary · 0.6 mi away
Lyons Township High School
Secondary · 0.8 mi away
Park Junior High School
Secondary · 0.8 mi away
La Grange School District 102
School · 0.9 mi away
La Grange District 105
School · 1.0 mi away
Seventh Ave Elementary School
Elementary · 1.0 mi away
School District 95
Secondary · 1.0 mi away
St. John's Lutheran Church and School
School · 1.1 mi away
Forest Road School
Elementary · 1.1 mi away
St. Paul's Lutheran School
Elementary · 1.1 mi away
Ladse
School · 1.1 mi away
Barnsdale Road School
Elementary · 1.1 mi away
St Barbara School
School · 1.1 mi away
Nazareth Academy High School
Secondary · 1.1 mi away
Montessori Childrens Community
Elementary · 1.1 mi away
Lyons Township School
School · 1.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 102 CONCH Drive, La Harpe, IL | $210,000 | 5 | 3 | 2,910 |
| 1778 LaPrairie Road, La Prairie, IL | $235,000 | 3 | 2 | 1,435 |
| 141 N La Grange Road 805, La Grange, IL | $250,000 | 2 | 2 | 1,500 |
| 2960 E County Road 2660 N County Road, La Harpe, IL | $260,000 | 4 | 2 | 2,204 |
| 141 N La Grange Road 802, La Grange, IL | $265,000 | 3 | 2 | 1,575 |
| 311 E Franklin Avenue, La Grange, IL | $299,900 | 2 | 1 | 1,056 |
Moving Cost Estimate
EXIT Agents in La Grange
Listing Courtesy: L.W. Reedy Real Estate - 6308331700
Last Updated: 2026-07-14