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$569,808 Just Listed
Property Description
Welcome to this exceptional 2 story townhome in the highly sought-after Prairie Creek Townhomes of Frankfort! Designed with both luxury and functionality in mind, this spacious home features a desirable main-level primary suite complete with dual custom walk-in closets and a beautifully updated spa-inspired bathroom offering a freestanding soaking tub and separate custom shower. The open-concept main living area showcases soaring ceilings, rich hardwood floors, abundant natural light, and an elegant dining area that flows seamlessly into the inviting living room. The stunning kitchen is appointed with white cabinetry, under-cabinet lighting, granite countertops, a breakfast bar, and stainless steel appliances, with direct access to an upper-level deck overlooking peaceful wooded views. A convenient main-floor laundry room adds to the home's thoughtful layout. Upstairs, a spacious loft provides the perfect space for a home office, reading nook, or additional living area, along with two generously sized bedrooms and a full bathroom. The finished walkout basement significantly expands the living space with luxury vinyl plank flooring, an oversized recreation room, a fourth bedroom, a full bathroom, a dedicated exercise room, and direct access to a private patio surrounded by nature. Ideally located near scenic walking trails, award-winning Frankfort schools, shopping, dining, I-80, and the charming restaurants, boutiques, and year-round events of Downtown Frankfort. This remarkable home offers the perfect combination of comfort, style, and convenience! Seller including a 1 Year Home Warranty for peace of mind!
Full Property Details
Full Property Details for 20432 Fallingwater Cir
General
- Price: $569,808
- HOA FEE: $310/month
- Taxes: $13,271 (2024)
- Status: Active
- Type: Townhouse
- Source: MRED
- MLS ID: 12701187
Interior
- Basement: Finished, E
- Interior Features: Cathedral Ceiling(s), 1st-Floor Bedroom, 1st-Floor Bath, Built-in Features, Walk-In Closet(s), Open Floorplan
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener Owned, Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Water Softener (Owned), Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump
- Other Features: School Bus Service, Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Frankfort
- County: Will
- Township: Frankfort
- Subdivision: Prairie Creek Townhomes
- Driving Directions: East/West on St. Francis Road to Fallingwater Circle. Follow the circle to property, park in guest parking spaces.
School Information
- School District: 161
- Elem School District: 161
- Midd School District: 161
- High School District: 210
- High School: Lincoln-Way East High School
- Private School: Lincoln-Way East High School
Community
- Assoc. Fees Include: Insurance, Exterior Maintenance, Lawn Care, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit, Size Limit
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 999lbs.
- Mgmt. Company: Cardinal Property Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Storm Sewer
- Water: Public
Structural Information
- Structure Type: Townhouse (2-Story)
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Exterior Entry, Egress Window, 9 ft + pour, Rec/Family Area, Sleeping Area, Storage Space, Daylight, Full, Walk-Out Access
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 1
- Stories/Levels: 2
- Square Feet: 3,411
- Sq. Ft. Source: Estimated
- Year Built: 2006
Unit Information
- Units in Building: 4
Lot Features
- Lot Dimensions: 34.5 x 78.3 x 34.5 x 78.8
- Lot Features: Landscaped, Mature Trees, Backs to Trees/Woods
Animals
- Animals Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Water Features
- Water Front Desc.: Creek
Financial Considerations
- Association Fee: $310
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2006
- Tax Amount: $13,271
- Tax Year: 2024
- Pays Sewer: Storm Sewer
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Special Conditions: Home Warranty
- Property ID: 1909143050330000
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Schools
Schools serving 20432 Fallingwater Cir
| Name | Grades | Distance |
|---|---|---|
Indian Trail Elementary School, Frankfort, IL 20912 South Frankfort Square Road, Frankfort, IL 60423 | 1-4 | 1.5 mi |
Summit Hill Junior High School 7260 West North Avenue, Frankfort, IL 60423 | 7-8 | 1.9 mi |
Lincoln-Way East High School 201 Colorado Avenue, Frankfort, IL 60423 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20432 Fallingwater Cir
Date
Details
Price
Change
Source
7/08/2026
Listed
$569,808
17.49%
MLS
10/08/2024
Sold
$485,000
—
Public Record
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 20432 Fallingwater Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,571
6%
$159,976
12%
2023
$12,826
9%
$142,874
10%
2022
$11,739
—
$130,134
31%
2022
$11,739
24%
$99,471
-16%
2020
$9,465
-10%
$118,315
3%
2019
$10,495
5%
$115,149
4%
2018
$9,983
2%
$110,449
2%
2017
$9,774
3%
$107,871
4%
2016
$9,474
2%
$104,173
4%
2015
$9,269
1%
$100,505
1%
2014
$9,134
2%
$99,807
-2%
2013
$8,926
—
$101,545
-6%
2012
$8,939
—
$107,908
—
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 20432 Fallingwater Cir
20432 Fallingwater Circle, Frankfort, IL 60423 (MLS# 12701187) is a Townhouse property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 20432 Fallingwater Circle is currently listed for $569,808 and was received on July 08, 2026. Want to learn more about 20432 Fallingwater Circle? Do you have questions about finding other Townhouse real estate for sale in Frankfort? You can browse all Frankfort real estate or contact a Coldwell Banker agent to request more information.
