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$436,389

Listing Price

3beds

2baths

1,485sqft

12,151sqft lot

501 Hobby Ave, Frankfort, IL 60423

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

293.86

Price / sqft

1968

Year built

Home Details

Tucked into one of Frankfort's most sought-after locations within the Lincoln-Way East High School district, this 4-bedroom, 2-bath home offers the kind of space and comfort that feels right the moment you walk in. Hardwood floors carry through the main living areas, creating a warm and inviting setting for everyday living. The layout is both functional and flexible, featuring four generously sized bedrooms and two full baths designed to fit a variety of lifestyles. A rare sub-basement adds an entirely separate level of space-ideal for recreation, additional living, or exceptional storage-offering versatility not often found. Step outside to a fully fenced yard framed by mature trees, creating a private and peaceful setting. A brick paver patio provides the perfect space for entertaining or relaxing, surrounded by beautifully maintained landscaping and blooming flowers that bring color and charm throughout the seasons. Perfectly positioned near top-rated schools, parks, shopping, and dining, this home delivers both convenience and a strong sense of community in one of Frankfort's most desirable areas.

Interior Details

Square Feet
  • 1485

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 12151

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • Tri-level

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$6,279

$16,012

$68,100

--%

$84,112

2018

$6,150

$15,552

$66,142

--%

$81,694

2017

$6,131

$15,189

$64,598

--%

$79,787

2016

$5,966

$14,668

$62,383

--%

$77,051

2015

$5,855

$14,151

$60,186

--%

$74,337

2013

$5,717

$14,235

$60,543

--%

$74,778

2012

$6,175

$14,984

$63,729

--%

$78,713

2011

$6,214

$15,773

$67,083

--%

$82,856

percent-home-icon

Average Home Price in 60423

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$290,000

3 Beds

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11,071 Lot (sqft)

Sold 10/22/2026

$445,392

3 Beds

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1,272 Sqft

17,895 Lot (sqft)

Sold 08/07/2026

$409,900

3 Beds

2 Baths

1,439 Sqft

11,900 Lot (sqft)

Sold 07/18/2026

$475,959

3 Beds

2 Baths

1,633 Sqft

12,339 Lot (sqft)

Sold 06/25/2026

$468,787

3 Beds

3 Baths

1,506 Sqft

13,782 Lot (sqft)

Sold 06/15/2026

$421,949

-- Beds

2 Baths

1,344 Sqft

11,231 Lot (sqft)

Sold 10/27/2026

$416,283

-- Beds

2 Baths

1,523 Sqft

11,229 Lot (sqft)

Sold 10/27/2026

$361,756

3 Beds

2 Baths

1,407 Sqft

10,217 Lot (sqft)

Sold 10/26/2026

$436,389

3 Beds

2 Baths

1,485 Sqft

12,151 Lot (sqft)

Sold 10/27/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
436,389
$
Down payment
87,277.8
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,618.33
$
HOA (Monthly)
0
$
PMI
0
$
$2,825
Your Payment
Total Monthly Payment:$2,825
Percent of Income:48%
Affordable:No

Details for 501 HOBBY AVE

Property Debt

Foreclosure Contact Details