Active

$339,900

For sale

20558 S••••• Graceland Ln (Sign up for 50 free credits to unlock)Frankfort, IL 60423

4Beds

2Baths

1,404Sq Ft Living

7,405Sq Ft Lot

1976Year Built

Property Description

This Frankfort home has been refreshed from top to bottom, with the space, updates, and backyard you've been waiting for! From the brand NEW roof, the fresh paint and new flooring, to the updated light fixtures and stylish finishes, every detail has been thoughtfully refreshed for today's lifestyle. The stunning kitchen has been beautifully updated with painted cabinetry, new hardware, a porcelain tile backsplash, new dishwasher, and garbage disposal. Both bathrooms have also been tastefully updated with contemporary finishes including custom stacked brick accent walls. The spacious layout offers room for everyone, featuring a large living room, a family room, and an oversized dining area that's perfect for hosting holidays, dinner parties, or everyday gatherings. Outside the home continues to shine. Relax or entertain beneath the custom, handcrafted pergola, creating the perfect outdoor living space. The large, fully fenced backyard offers plenty of shade, room to play, and includes a brand-new storage shed. Whether you're enjoying summer barbecues, evenings around the outdoor living area, or simply unwinding in your private backyard, this space is ready to impress. Additional updates include renovated laundry room, finished garage with built-in storage and workbench, updated interior doors, refreshed landscaping, and numerous improvements throughout the home. All that's left to do is move in, make it your own, and start enjoying everything this Frankfort home has to offer!

Property Facts & Features

Property Type: Single Family
Status: Active
Listed: Sep 17, 2026
Price per Sq Ft: $242/sqft
ZIP Code: 60423
Full Baths: 2
Stories: 2
Garage: 1 space
Parking: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Heating: Gas
Cooling: Central Air
Construction: Aluminum Siding, Vinyl Siding
Style: Split Level
Property Tax (2024): $6,095/yr
Assessed Value: $88,265
Last Sold: $273,750 · Jan 4, 2024
County: Will
School District: Summit Hill School District 161

Estimated Value

$339,561Range $308,600 to $354,200

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

Bedrooms: 4
Bedrooms Possible: 4
Primary Bedroom Dimensions: 14' x 10'
Bedroom 2 Dimensions: 11' x 9'
Bedroom 3 Dimensions: 9' x 8'
Bedroom 4 Dimensions: 9' x 8'
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Land Info

Additional Parcels: No
Lot Description: Mature Trees
Lot Size Acres: 0.17
Lot Size Dimensions: 133X56
Lot Size Square Feet: 7405

Utilities

Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public

Appliances

Range
Microwave
Dishwasher
Refrigerator
Washer
Dryer
Disposal
Stainless Steel Appliance(s)
Laundry Features: Laundry Closet

Other Rooms

Total Rooms: 8
Foyer
Laundry Dimensions: 10' x 7'
Basement Features: Finished, Walk-Out Access
Entry Foyer Dimensions: 7' x 3'
Family Room Dimensions: 20' x 15'
Living Room Dimensions: 11' x 11'
Basement Sqft: 492
Entry Foyer Level: Main
Living Room Level: Main

Home Features

Other Equipment: CO Detectors, Ceiling Fan(s)

Interior Features

Flooring: Laminate
Window Features: Screens

Garage and Parking

Garage Spaces: 1
Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Parking Total: 1

Kitchen and Dining

Dining Room Dimensions: 10' x 9'
Dining Room Level: Main
Kitchen Dimensions: 11' x 10'
Kitchen Level: Main

School Information

Elementary School: Indian Trail Elementary School
Elementary School District: 161
High School: Lincoln-Way East High School
High School District: 210
Middle School: Summit Hill Junior High School
School District: 210
Middle or Junior School District: 161

Heating and Cooling

Cooling Features: Central Air
Heating Features: Gas
Number of Fireplaces: 0

Other Property Info

Annual Tax Amount: 6293
Source Listing Status: Active
County: Will
Directions: From I-80, take Exit 145 for La Grange Road (US-45) and head south. Turn left onto W. St. Francis Road, then right onto Graceland Lane. Continue south to 20558 S. Graceland Lane, which will be on your left.
Tax Year: 2025
Ownership: Fee Simple
Area: Frankfort
Source Neighborhood: Frankfort Square
Parcel Number: 1909133050160000
Subdivision: Frankfort Square
Township: Frankfort
Property Subtype: Detached Single

Accessibility Features

Disabled Access: No

Building and Construction

Total Square Feet Living: 1404
Year Built: 1976
BelowGradeFinishedArea: 492
Construction Materials: Aluminum Siding, Vinyl Siding
Foundation Details: Concrete Perimeter
Levels: Split Level
Living Area Source: Plans
Roof: Asphalt
Levels or Stories: Raised Ranch
Total Area Sqft: 1404
Architectural Style: Split Level

Exterior and Lot Features

Fencing: Fenced
Other Structures: Pergola, Shed(s)
Patio And Porch Features: Patio
Patio: Yes

Price & Event History

Date	Event	Price	$/Sq Ft
Oct 27, 2026	Price Changed for rent	$2,750	$2
Oct 19, 2026	Listed for rent	$2,900	$2
Oct 19, 2026	Price Changed	$339,900	$242
Sep 17, 2026	Listed	$344,900	$246
Sep 17, 2026	Listing removed	$345,000	$246
Aug 20, 2026	Price Changed	$345,000	$246
Aug 10, 2026	Price Changed	$349,900	$249
Jul 22, 2026	Listed	$355,000	$253
Jan 4, 2024	Sold	$273,750	$304
Dec 4, 2023	Sold	$273,750	$274
Oct 8, 2023	Listed	$284,990	$285
Nov 2, 2021	Sold	$247,000	$274
Jul 20, 2021	Sold	$247,000	$247
Mar 10, 2020	Listing removed	$215,000	$239
Apr 2, 2019	Price Changed	$218,000	$242
Feb 10, 2019	Listed	$219,000	$243
Sep 30, 1986	Sold	$68,000	$76

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2024	$6,095	$88,265	$21,018	$67,247	$264,795
2022	$6,007	$71,800	$17,097	$54,703	$215,400
2021	$5,619	$67,172	$15,995	$51,177	$201,516
2020	$5,527	$65,279	$15,544	$49,735	$195,837
2019	$5,337	$63,532	$15,128	$48,404	$190,596
2018	$5,135	$61,705	$14,693	$47,012	$185,115
2017	$5,022	$60,265	$14,350	$45,915	$180,795
2016	$4,860	$58,199	$13,858	$44,341	$174,597
2015	$4,748	$56,150	$13,370	$42,780	$168,450
2014	$4,676	$55,760	$13,277	$42,483	$167,280
2013	$4,544	$56,483	$13,449	$43,034	$169,449
2012	$4,507	$59,456	$14,157	$45,299	$178,368