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3516 Elder Lane, Franklin Park, IL 60131
$140,000
3516 Elder Lane, Franklin Park, IL 60131View this property at 3516 Elder Lane, Franklin Park, IL 60131
3516 Elder LaneFranklin ParkIL60131
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Property Description
**Investor's Dream: Unleash Potential in This Fixer-Upper Gem!** Welcome to a prime investment opportunity in a desirable neighborhood! This charming single-family home, featuring 2 bedrooms and 1 full bathroom, is awaiting your creative vision. With North Elementary and Hester Jr. High just a stone's throw away, it's the perfect location for families. Unlock the hidden potential of this property with its rare unfinished basement, offering valuable extra space for expansion or storage. Take advantage of the current low inventory market while enjoying the convenience of nearby amenities, including shopping, dining, schools, and major highways. While the property requires TLC, the possibilities for transformation are endless. However, please note that the buyer will need to address violations listed on the pre-sale inspection report.Don't let this opportunity slip away! Seize the chance to invest in this diamond in the rough and turn it into your dream home. Contact us today to schedule a viewing and start your journey toward realizing its full potential!*Disclaimer: City requires clean out before inspection is set, seller will clean out property once earnest money is received*
Full Property Details
Full Property Details for 3516 Elder Ln
General
- Price: $140,000
- Taxes: $700 (2022)
- Status: Active
- Type: Single Family
- MLS ID: 12039439
- Updated: 5/26/2024
- Added to Site: 34 day(s) ago
Interior
- Basement: Full
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 1
- Total Spaces: 1
- Parking Type: Garage
Location
- Area: Franklin Park
- County: Cook
- Township: Leyden
- Driving Directions: 25TH AVE TO ADDISON ST., WEST TO ELDER, SOUTH TO HOME
School Information
- School District: 84
- Elem School District: 84
- Midd School District: 84
- High School District: 212
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Window/Wall Unit - 1
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Full
- Square Feet: 800
- Sq. Ft. Source: Estimated
- Year Built: 1928
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3100
Financial Considerations
- Assessment Year: 1928
- Tax Amount: $700
- Tax Year: 2022
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 12214010370000
Listed by DEI Realty LLC
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Schools
Schools serving 3516 Elder Ln
School Districts:Leyden Chsd 212, Franklin Park Sd 84
Rating | Name | Grades | Distance |
---|---|---|---|
9500 Gage Ave, Franklin Park, IL 60131 | PK-5 | 0.6 mi | |
2836 Gustav St, Franklin Park, IL 60131 | 6-8 | 0.9 mi | |
3400 Rose St, Franklin Park, IL 60131 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3516 Elder Ln
Date
Details
Price
Change
Source
5/20/2024
Price Reduced
$140,000
-12.5%
MLS
5/14/2024
Price Reduced
$160,000
-8.57%
MLS
4/29/2024
Listed
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3516 Elder Ln
Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,421
7%
$17,106
33%
2021
$5,085
5%
$12,837
—
2020
$4,838
-5%
$12,837
-13%
2019
$5,099
11%
$14,716
29%
2018
$4,592
1%
$11,379
—
2017
$4,525
8%
$11,379
—
2016
$4,206
3%
$11,379
9%
2015
$4,064
3%
$10,409
—
2014
$3,957
8%
$10,409
—
2013
$3,668
-22%
$10,409
-26%
2012
$4,692
—
$14,125
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3516 Elder Ln
3516 Elder Lane, Franklin Park, IL 60131 (MLS# 12039439) is a Single Family property with 2 bedrooms and 1 full bathroom. 3516 Elder Lane is currently listed for $140,000 and was received on April 29, 2024. Want to learn more about 3516 Elder Lane? Do you have questions about finding other Single Family real estate for sale in Franklin Park? You can browse all Franklin Park real estate or contact a Coldwell Banker agent to request more information.