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$350,000 Just Listed
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Property Description
Move-in ready one-story ranch home with extensive updates already completed inside and out. This well-cared-for 3-bedroom, 1-bath home offers comfortable single-level living with no stairs, low-maintenance convenience, neutral decor, great natural light, and the kind of pride of ownership you will notice right away. From the moment you pull up, the home makes a great first impression with beautiful landscaping, a brick paver sidewalk, updated exterior fixtures, and clean, welcoming curb appeal. Inside, the home has a bright, comfortable feel with updated flooring through the kitchen, living room, and hallway, plus newer carpet in the family room. The kitchen features granite countertops, Samsung kitchen appliances, a marble tile backsplash, black electrical covers, and a newer faucet and disposal. The bathroom has been fully remodeled with drywall, ceramic tile, and a whirlpool tub, giving the home a fresh, finished feel while still keeping the simplicity and convenience of ranch-style living. The list of improvements is extensive. Updates include a newer roof, updated windows and doors, newer washer and dryer, updated rear deck, newer family room carpet, security lighting on the shed, updated exterior electrical fixtures, complete dryer vent replacement, and a remodeled spare bedroom with ceiling fan and wall controls. The driveway and brick pavers were also thoughtfully installed with substantial concrete work and a concrete footing beneath the pavers. Out back, enjoy a rear deck and nicely maintained yard space, perfect for relaxing, grilling, or keeping things simple and low-maintenance. Located in an excellent area near shopping, schools, bike paths, and parks, this home offers a practical layout, strong condition, and that hard-to-find "move in and enjoy it" setup buyers are always hoping to find. A clean, updated ranch with this much already done is absolutely worth a look.
Full Property Details
Full Property Details for 20533 S Graceland Ln
General
- Price: $350,000
- Taxes: $6,937 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12648550
- Updated: 5/15/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: None
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Granite Counters
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Whirlpool
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Water Softener (Owned), Ceiling Fan(s)
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Frankfort
- County: Will
- Township: Frankfort
- Subdivision: Frankfort Square
- Driving Directions: St Francis Rd, South on Graceland, to Property on east side of street.
School Information
- School District: 161
- Elem School District: 161
- Midd School District: 161
- High School District: 210
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Model: Ranch
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Sub-Flooring: Carpet
- Square Feet: 1,342
- Sq. Ft. Source: Assessor
- Year Built: 1975
- Built Before 1978: Yes
Manufactured Home
- Model: Ranch
Lot Features
- Lot Size (Acres): 0.17
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 104 x 70
- Fence: Yes
- Fencing (Description): Wood
Financial Considerations
- Assessment Year: 1975
- Tax Amount: $6,937.74
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1909133080060000
Listed by eXp Realty
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Schools
Schools serving 20533 S Graceland Ln
| Name | Grades | Distance |
|---|---|---|
Indian Trail Elementary School, Frankfort, IL 20912 South Frankfort Square Road, Frankfort, IL 60423 | 1-4 | 0.5 mi |
Summit Hill Junior High School 7260 West North Avenue, Frankfort, IL 60423 | 7-8 | 0.6 mi |
Lincoln-Way East High School 201 Colorado Avenue, Frankfort, IL 60423 | 9-12 | 2.5 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 20533 S Graceland Ln
Date
Details
Price
Change
Source
5/15/2026
Listed
$350,000
—
MLS
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 20533 S Graceland Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,938
7%
$88,265
12%
2023
$6,511
8%
$78,829
10%
2022
$6,008
—
$71,800
7%
2022
$6,008
9%
$67,172
3%
2020
$5,527
4%
$65,279
3%
2019
$5,337
4%
$63,532
3%
2018
$5,136
2%
$61,705
2%
2017
$5,023
3%
$60,265
4%
2016
$4,860
2%
$58,199
4%
2015
$4,749
2%
$56,150
1%
2014
$4,677
3%
$55,760
-1%
2013
$4,545
1%
$56,483
-5%
2012
$4,508
—
$59,456
—
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 20533 S Graceland Ln
20533 S Graceland Lane, Frankfort, IL 60423 (MLS# 12648550) is a Single Family property with 3 bedrooms and 1 full bathroom. 20533 S Graceland Lane is currently listed for $350,000 and was received on May 15, 2026. Want to learn more about 20533 S Graceland Lane? Do you have questions about finding other Single Family real estate for sale in Frankfort? You can browse all Frankfort real estate or contact a Coldwell Banker agent to request more information.

