Frankfort Square is located South of 191st Street, West of Harlem, East of 88th Ave and North of Route 30 (Lincoln Highway). The main roads running through Frankfort Square road, 80th Ave and St. Francis Rd. Frankfort Square is unincorporated and located in Will County of Illinois. The school district for elementary and grade school is 161. The high school is Lincoln-Way North located right off of Harlem Ave. The area provides easy access to major transportation routes, close to shopping and stores.
Since Jan. 1st 2012 There was just under 30 homes sold in Frankfort Square. Roughly 26% of these sold homes were distressed sales which icludes both Bank Owned Foreclosure and Frankfort Square Short Sales. The good news is that 26% is still a lot lower than many surrounding cities so Frankfort Square has not taken as big as a hit as many others.
Home Sales in Frankfort Square in 2012 so far has ranged from as low as $73,099 (bank owned sale) to $224,000 (traditional sale). A great feature of Frankfort Square is that it has a lot of diverse styles of homes such as 1 story, 2 story, Raised Ranch, Tri-Level as well as other styles and unique layouts. It also consists of various building materials, generous sized lots, varieity of differenty sizes to fit almost any families needs from small to large. These homes were built starting in the late 1960's to 1970's.
Frankfort Square Short Sales
A growing number of homeowners today are learning they can not sell their home because it is not worth what they paid for any longer and it may never be. This leaves many homeowners stuck. Most can not refinance for the same reason which is frustrating when you see such low rates in todays market. Loan modifications have been such a big failure for many as well. So this leaves you as a homowner with little to no choice. Well the one option you can consider would be a Short Sale and as you maybe seeing, Short Sales in Frankfort Square and surrounding areas are becoming the norm. I have helped many homeowners successfully complete this type of sale with little to know residual damage to their financial wellbing. If you would like to learn about about Frankfort Square Short Sales please contact me directiy at 815-301-7007.
Call Raymond Kennedy to get more details on selling your home in today's market.
Keller Williams Preferred Realty
Illinois Real Estate Broker / Realtor