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  3. Forest Park, IL
  4. /
  5. 7240 Franklin Street
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7240 Franklin Street

7240 Franklin Street, Forest Park, IL, 60130

YEAR BUILT

# STORIES

4

# TOTAL UNITS

9

UNIT SIZE RANGE

1,805-1,905 sqft

Description

The building at 7240 Franklin Street sits in Forest Park. This mid-rise structure has 4 stories and contains 9 units. The design adds an inviting feel to the area. Each unit offers comfortable living with one or two bedrooms. Unit sizes range between 1,805 and 1,905 square feet. Pricing varies from $350,000 to $389,000. The average closed price is about $280,000. Buyers have options to choose from, with units available at different price points. On average, homes in this building stay on the market for about 82 days. This gives potential buyers some time to explore their options. The building is equipped with an elevator, making it accessible for all residents. There is also a sundeck for outdoor relaxation. Nearby, residents can find local spots like Kevil's Restaurant and Long John Silver's for dining. For grocery needs, Citgo Gas Station is close by. The location provides easy access to food and daily essentials, adding to the neighborhood's appeal. Living here connects to local roads, making travel straightforward. The surrounding area feels friendly and welcoming, perfect for those looking for a community vibe. This building's location and features provide a good balance of comfort and convenience for potential residents.

Building ImageMLS ID #11936595
Building ImageMLS ID #11936595
Building Image
Building ImageView Listing

7240 Franklin Street

7240 Franklin Street, Forest Park, IL, 60130

YEAR BUILT

# STORIES

4

# TOTAL UNITS

9

UNIT SIZE RANGE

1,805-1,905 sqft

Description

The building at 7240 Franklin Street sits in Forest Park. This mid-rise structure has 4 stories and contains 9 units. The design adds an inviting feel to the area. Each unit offers comfortable living with one or two bedrooms. Unit sizes range between 1,805 and 1,905 square feet. Pricing varies from $350,000 to $389,000. The average closed price is about $280,000. Buyers have options to choose from, with units available at different price points. On average, homes in this building stay on the market for about 82 days. This gives potential buyers some time to explore their options. The building is equipped with an elevator, making it accessible for all residents. There is also a sundeck for outdoor relaxation. Nearby, residents can find local spots like Kevil's Restaurant and Long John Silver's for dining. For grocery needs, Citgo Gas Station is close by. The location provides easy access to food and daily essentials, adding to the neighborhood's appeal. Living here connects to local roads, making travel straightforward. The surrounding area feels friendly and welcoming, perfect for those looking for a community vibe. This building's location and features provide a good balance of comfort and convenience for potential residents.

Next

Description

The building at 7240 Franklin Street sits in Forest Park. This mid-rise structure has 4 stories and contains 9 units. The design adds an inviting feel to the area. Each unit offers comfortable living with one or two bedrooms. Unit sizes range between 1,805 and 1,905 square feet. Pricing varies from $350,000 to $389,000. The average closed price is about $280,000. Buyers have options to choose from, with units available at different price points. On average, homes in this building stay on the market for about 82 days. This gives potential buyers some time to explore their options. The building is equipped with an elevator, making it accessible for all residents. There is also a sundeck for outdoor relaxation. Nearby, residents can find local spots like Kevil's Restaurant and Long John Silver's for dining. For grocery needs, Citgo Gas Station is close by. The location provides easy access to food and daily essentials, adding to the neighborhood's appeal. Living here connects to local roads, making travel straightforward. The surrounding area feels friendly and welcoming, perfect for those looking for a community vibe. This building's location and features provide a good balance of comfort and convenience for potential residents.

7240 Franklin Street Market Stats Last 12 months

Avg. Listed Price$299,900

Avg. Sale Price$280,000
Year over year list priceDown Arrow0.06%

Year over year sale priceDown Arrow 0.11%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market82 days

Average HOA fees per sqft-
Next

Market Stats

Year over year list priceDown Arrow0.06%

Year over year sale priceDown Arrow0.11%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market82 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

7240 Franklin Street Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 3B3B13041222023-05-31
MLS#: 11760379
Closed$315,000
Unit 1A1A185522712016-11-03
MLS#: 09324505
Closed$389,000
Unit 1B1B-23862009-11-04
MLS#: 07294981
Closed$350,000
Unit 1A
1A

2 Beds

2 Baths

1855 sqft


DateStatusPrice
2016-11-03Closed$389,000
MLS#: 09324505
Days On Market71
Unit 1B
1B

2 Beds

3 Baths

0 sqft


DateStatusPrice
2009-11-04Closed$350,000
MLS#: 07294981
Days On Market86
Unit 3B
3B

1 Beds

2 Baths

1304 sqft


DateStatusPrice
2023-05-31Closed$315,000
MLS#: 11760379
Days On Market2
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at 7240 Franklin Street means enjoying some delightful features right at your doorstep. The building showcases a lovely sundeck, which is perfect for soaking up the sun or enjoying a peaceful evening with friends. Imagine hosting a small gathering or simply relaxing with a book while appreciating the fresh air. Plus, the building is pet-friendly, welcoming your furry companions—a must for many young buyers!

Next

Amenities Description

Living at 7240 Franklin Street means enjoying some delightful features right at your doorstep. The building showcases a lovely sundeck, which is perfect for soaking up the sun or enjoying a peaceful evening with friends. Imagine hosting a small gathering or simply relaxing with a book while appreciating the fresh air. Plus, the building is pet-friendly, welcoming your furry companions—a must for many young buyers!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Security Door Lock(s)

Security Door Lock(s)

Sundeck

Sundeck

Storage

Storage

Balcony

Balcony

Policies

Understanding building policies is key to a smooth living experience. At 7240 Franklin Street, there are some limits in place, such as pet size and residents per unit, which ensure a harmonious atmosphere. Both cats and dogs are welcome, so your pets can settle in and make themselves at home just like you!

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
7240 Franklin Street--
7240 Franklin St$186/sqft.$3 /sqft.
115 Marengo Ave$163/sqft.$4 /sqft.
115 Marengo Terrace Condominiums$162/sqft.$4 /sqft.
Ramar South Tower Condominiums$120/sqft.$3 /sqft.
7320 Dixon Ave$167/sqft.$4 /sqft.

Nearby Schools

Discover top-rated schools located close to 7240 Franklin Street.

Grant-White Elementary School

B
Public|Grades 3–5
147 Circle Ave|0.26 miles away

Montessori Language Academy

--
Private|Grades PK–KG
314 Circle Ave|0.41 miles away

The Field School

--
Private|Grades PK–6
931 Lake St|0.63 miles away

Gwendolyn Brooks Middle School

C+
Public|Grades 6–8
325 S Kenilworth A...|0.72 miles away

Roosevelt School

A-
Public|Grades 5–8
7560 Oak Ave|0.84 miles away

Garfield Elementary School

--
Public|Grades PK–2
543 Hannah Ave|0.85 miles away
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Schools

Grant-White Elementary School

B
Public|Grades 3–5
147 Circle Ave|Less than 1 Mile Away

Montessori Language Academy

--
Private|Grades PK–KG
314 Circle Ave|Less than 1 Mile Away

The Field School

--
Private|Grades PK–6
931 Lake St|Less than 1 Mile Away

Gwendolyn Brooks Middle School

C+
Public|Grades 6–8
325 S Kenilworth A...|Less than 1 Mile Away

Roosevelt School

A-
Public|Grades 5–8
7560 Oak Ave|Less than 1 Mile Away

Garfield Elementary School

--
Public|Grades PK–2
543 Hannah Ave|Less than 1 Mile Away

Lincoln Elementary School

A
Public|Grades KG–4
511 Park Ave|Less than 1 Mile Away

Oliver W Holmes Elementary School

B+
Public|Grades KG–5
508 N Kenilworth A...|1.15 Miles Away

Concordia Univ Early Childhood Education Center

--
Private|Grades PK–KG
7400 Augusta St|1.35 Miles Away

Oak Park & River Forest High School

A
Public|Grades 9–12
201 N Scoville Ave|1.35 Miles Away

Fenwick High School

--
Private|Grades 9–12
505 Washington Blv...|1.35 Miles Away

Grace Lutheran School

--
Private|Grades PK–8
7300 Division St|1.46 Miles Away

Field Stevenson Elementary School

B+
Public|Grades 3–5
925 Beloit Ave|1.47 Miles Away

Forest Park Middle School

C
Public|Grades 6–8
925 Beloit Ave|1.47 Miles Away

Intercultural Montessori Language School

--
Private|Grades PK–KG
301 S Ridgeland Av...|1.55 Miles Away

Ascension Elementary School

--
Private|Grades PK–8
601 Van Buren St|1.58 Miles Away

Trinity High School

--
Private|Grades 9–12
7574 Division St|1.63 Miles Away

Percy Julian Middle School

C+
Public|Grades 6–8
416 S Ridgeland Av...|1.66 Miles Away

La Casa Montessori School

--
Private|Grades PK–4
608 Harrison St|1.68 Miles Away

Horace Mann Elementary School

A-
Public|Grades KG–5
921 N Kenilworth A...|1.73 Miles Away

Abraham Lincoln Elementary School

B+
Public|Grades KG–5
1111 S Grove Ave|1.77 Miles Away

William Beye Elementary School

C
Public|Grades KG–5
230 N Cuyler Ave|1.79 Miles Away

Willard Elementary School

A-
Public|Grades PK–4
1250 Ashland Ave|1.83 Miles Away

Proviso East High School

F
Public|Grades 9–12
807 S 1st Ave|1.86 Miles Away

Longfellow Elementary School

B-
Public|Grades PK–5
715 Highland Ave|1.94 Miles Away

West Suburban Montessori School

--
Private|Grades PK–5
1039 S East Ave|1.94 Miles Away

Emerson Elementary School

C
Public|Grades PK–5
311 Washington Blv...|2.07 Miles Away

St Giles School

--
Private|Grades PK–8
1034 Linden Ave|2.08 Miles Away

Betsy Ross Elementary School

--
Public|Grades KG–2
1315 Marengo Ave|2.10 Miles Away

St Vincent Ferrer Elementary School

--
Private|Grades PK–8
1515 Lathrop Ave|2.12 Miles Away

Whittier Elementary School

A
Public|Grades PK–5
715 N Harvey Ave|2.14 Miles Away

Keystone Montessori School

--
Private|Grades PK–8
7415 North Ave|2.18 Miles Away

St Catherine Siena-St Lucy School

--
Private|Grades PK–8
27 Washington Blvd|2.19 Miles Away

Irving Elementary School

B+
Public|Grades KG–5
1125 S Cuyler Ave|2.31 Miles Away

Little Folks Cottage Daycare & Nursery

--
Private|Grades PK–KG
5926 W Madison St|2.40 Miles Away

Prairie Oak School

B+
Public|Grades PK–5
1427 Oak Park Ave|2.47 Miles Away

William Hatch Elementary School

A
Public|Grades PK–5
1000 N Ridgeland A...|2.51 Miles Away

Children's School of Oak Park

--
Private|Grades KG–8
1428 Wesley Ave|2.52 Miles Away

Jefferson Elementary School

B
Public|Grades PK–5
7035 16th St|2.54 Miles Away

Proviso Math and Science Academy

A+
Public|Grades 9–12
8601 Roosevelt Rd|2.56 Miles Away

Lincoln Elementary School

B-
Public|Grades PK–5
811 Chicago Ave|2.66 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

40 Madison St

1.67 miles away|33 min walk

5th/Randolph

2.2 miles away|43 min walk

5th/Maple

2.2 miles away|43 min walk

5th/Pine

2.2 miles away|43 min walk

5th/Oak

2.21 miles away|43 min walk

5th/Washington

2.21 miles away|43 min walk
Next

Transit

40 Madison St

1.67 miles away|33 min walk

5th/Randolph

2.2 miles away|43 min walk

5th/Maple

2.2 miles away|43 min walk

5th/Pine

2.2 miles away|43 min walk

5th/Oak

2.21 miles away|43 min walk

5th/Washington

2.21 miles away|43 min walk

5th/Walnut

2.22 miles away|43 min walk

5th/St. Charles

2.22 miles away|43 min walk

5th/Warren

2.23 miles away|43 min walk

Austin & Fulton/Pleasant

2.23 miles away|43 min walk

5th/Main

2.23 miles away|43 min walk

Austin/Fulton/Pleasant

2.23 miles away|43 min walk

Austin & Corcoran/South Blvd (Green Line)

2.24 miles away|43 min walk

5th/School

2.24 miles away|43 min walk

Austin/Corcoran/South Blvd./CTA Green Line

2.24 miles away|44 min walk

5th/Madison

2.26 miles away|44 min walk

5th/Lake

2.26 miles away|44 min walk

5th/Erie

2.28 miles away|44 min walk

5th/Green

2.28 miles away|44 min walk

Austin & Erie

2.3 miles away|45 min walk

5th/Huron

2.3 miles away|45 min walk

5th/Legion

2.31 miles away|45 min walk

8300 Roosevelt Rd

2.31 miles away|45 min walk

5th/Superior

2.33 miles away|45 min walk

5th/Wilcox

2.34 miles away|45 min walk

Austin & Adams

2.36 miles away|46 min walk

5th/Chicago

2.36 miles away|46 min walk

Austin/Adams

2.36 miles away|46 min walk

Austin & Chicago

2.38 miles away|46 min walk

5th/Rice

2.39 miles away|46 min walk

5th/Quincy

2.39 miles away|46 min walk

5th/Hugh Muir

2.42 miles away|47 min walk

5th/Van Buren

2.43 miles away|47 min walk

5th/Walton

2.46 miles away|48 min walk

5th/Congress

2.47 miles away|48 min walk

Austin (Blue)

2.49 miles away|48 min walk

Austin-Blue

2.49 miles away|48 min walk

5th/Augusta

2.5 miles away|48 min walk

5th/Harrison

2.5 miles away|48 min walk

Austin & Augusta

2.52 miles away|49 min walk

5th/Nichols

2.53 miles away|49 min walk

5th/Bataan

2.54 miles away|49 min walk

5th/Winston

2.59 miles away|50 min walk

5th/Lexington

2.59 miles away|50 min walk

5900 W Jackson

2.59 miles away|50 min walk

Austin Blue Line Station

2.62 miles away|51 min walk

5th/Andy

2.63 miles away|51 min walk

5th/Division

2.67 miles away|52 min walk

5th/Harvard

2.68 miles away|52 min walk

Austin & Division

2.69 miles away|52 min walk

The Neighbourhood: 7240 Franklin Street

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7240 Franklin Street Demographics

Age Demographics

0–14 Years

13.84%

15–29 Years

17.12%

30–44 Years

24.72%

45–59 Years

19.91%

60+ Years

24.42%

Commute

21.13%

Transit

5.07%

Walk

55.57%

Drive

0.76%

Bike

Housing Ownership

44.7%

Owner Occupied

55.3%

Rental Units

Household Types

Single Family
18.32%
Multi Family
2.05%
Single Person
49.81%
Multi Person
50.19%

Average Income

Household:$10,267,637.03 /yr

Individual:$6,159,464.09 /yr

Education

Bachelors Degree32.47%
High School College10.18%
Diploma6.22%
Post Graduate34.57%
Others16.55%
Next

Education

Diploma6.22%
Post Graduate34.57%
Others16.55%
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    7240 Franklin Street
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600446006060148
6018060187601966020460423604326044260452605106051560519605266053260545606206064260674
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