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311 E Franklin Avenue, La Grange, IL 60525

Cook County

Key Facts

2Beds
1Baths
1,056Sq Ft
1887Year Built
2Garage

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

37

MLS® Listing#

12669672

Property Features

Cooling:
Central Air
Heating:
Steam
Basement:
Crawl Space
Parking:
Detached, Garage
Construction:
Vinyl Siding
Sewer:
Public Sewer
Water Source:
Public

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

HOA & Tax

Annual Tax:
$5,764 (2023)
Parcel #:
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

$409,091
Median Listing Price
37
Median Days on Market
1,665
Median Sq Ft
$258
Median Price / Sq Ft
53
Active Listings
  • This home’s price is 27% below the area median.
  • Its price per sq ft is 10% 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

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

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EXIT Agents in La Grange

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Listing Courtesy: L.W. Reedy Real Estate - 6308331700

Based on information submitted to the MLS GRID as of 2026-06-05. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-06-05

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Mainstreet Organization of Realtors. MLS® Listing#12669672. © 2026EXIT Realty®. All rights reserved.