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2540 Lincoln St, Franklin Park, IL, 60131

$389,000

Home List Price

$4,619*

Closing Credit

3 Bedrooms
2 Full Baths
2,000 SqFt
$195/SqFt
House

Location

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2540 Lincoln St, Franklin Park$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage1 space
Year Built1958
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #12124845
Lot Size0.10 Acres
StatusAccepting Backup Offers
(Contingent)

About 2540 Lincoln St

Welcome Home to this meticulously stunning brick ranch with finished basement that offers both style and substance. The main level features a sun-filled living room, eat-in kitchen, 3 bedrooms and a full bathroom. Step inside to discover a seamless blend of modern upgrades and classic charm. The spacious interior boasts with tons of beautiful finishes, such as hardwood floors, an updated kitchen and more! Enjoy the convenience of single-level living with added living space in the basement with a summer kitchen, boasting a layout designed for both comfort and functionality. The finished basement features one additional bedroom and tons of storage. Outside, the property features a detached 1 car garage with an extra room for workspace, gym or office, one of a kind. Enjoy the fenced-in yard with a gated entrance leading to outdoor adventure . Located in the desirable Franklin Park area, Great community and convenient location, with amenities such as parks, expressways, the Metra Train station, and shopping just minutes away.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1958
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: Sky High Real Estate Inc.
  • Office Phone: (847) 568-1650
  • Listing Agent: Eva Diaz

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • West Leyden High School, Public District Grades 9-12
  • Mannheim Middle School, Public District Grades 6-8
  • Scott Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Start at the intersection of E North Ave and Mannheim Rd (US-45). Head S on Mannheim Rd (US-45) towards Franklin Ave. Take a left (E) onto Franklin Ave. Proceed E on Franklin Ave until you reach Lincoln St. Turn right (S) onto Lincoln St. 2540 Lincoln St will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $195/SqFt

Tax Information:

  • Annual Amount: $5,621
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Franklin Park, IL.

Med. Sold Price

$310K

Med. Price/SqFt

$242

Avg. Days On Market

15

# of Sold Homes

15

2540 Lincoln St vs Franklin Park

39 DAYS ON ROCKET

+24 Days

$389,000

+$79K More

$195/SqFt

-$47 Less

KEY TAKEAWAY

This property is $79K more than the Median Sold Price and $47/SqFt less than other homes in Franklin Park, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12124845

Listing Office:

  • Office Name: Sky High Real Estate Inc.
  • Office Phone: (847) 568-1650
  • Listing Agent: Eva Diaz

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 7:15:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 26, 2002Home Sold
$243,000
Aug 02, 2000Home Sold
$146,000

Tax History

YEARPROP. TAXASSESSMENT
2019$5,621$19,673
2018$5,621$17,874
2017$5,614$17,874

History based on county public records data.

Payment Calculator

$2,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1084450
4
/10
  • Scott Elementary School

  • 2250 Scott St

  • 0.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1084451
4
/10
  • Mannheim Middle School

  • 2600 Hyde Park Ave

  • 0.22 miles

  • Public District Grades 6-8

High School

school-card-donut-1084452
4
/10
  • West Leyden High School

  • 1000 N Wolf Rd

  • 1.34 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,674. Typical income of Franklin Park, IL residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2540 Lincoln St

What is the listing price of this property?

The listing price of 2540 Lincoln St property is $389,000.

What type of property is this?

The property 2540 Lincoln St is a house located in Franklin Park, Illinois, 60131.

Is this property for sale now?

Accepting Backup Offers: 2540 Lincoln St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 2540 Lincoln St are:
Scott Elementary School: GreatSchools Rating 4/10
Mannheim Middle School: GreatSchools Rating 4/10
West Leyden High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $5,621 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 26, 2002 for $243,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2540 Lincoln St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2540 Lincoln St is 2,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2540 Lincoln St is 1958.

Rocket Homes›Illinois›Cook County›Franklin Park›60131›2540 Lincoln St

This home is located at 2540 Lincoln St in Franklin Park, IL and zip code 60131. This 2,000 square foot home, which was built in 1958, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $389,000.

In August 2024, from all listings sold in Franklin Park, IL there were more than 11 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Franklin Park, IL between July 2024 and August 2024 increased by 31.6%. The median list price of listings available in August 2024 was $310,000, while the average time on the real estate market was 15 days.

From Rocket Homes Real Estate and based on county public records data.

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