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$355,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,404 Sq. Ft.
  • 1 Car Garage
  • Updated 1 day ago

Next open house:

Open House: 10:00 AM - 12:00 PM

Saturday 7/25 10:00 AM - 12:00 PM

20558 S Graceland Lane,Frankfort, IL 60423

20558 S Graceland LaneFrankfortIL60423

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Stop the car and step inside to discover all the incredible updates this home has to offer! From fresh paint and new flooring to updated light fixtures and stylish finishes, every detail has been thoughtfully refreshed for today's lifestyle. The stunning kitchen has been beautifully updated with painted cabinetry, new hardware, a porcelain tile backsplash, new dishwasher, and garbage disposal. Both bathrooms have also been tastefully updated with contemporary finishes including custom stacked brick accent walls. The spacious layout offers room for everyone, featuring a large living room, a family room, and an oversized dining area that's perfect for hosting holidays, dinner parties, or everyday gatherings. Outside the home continues to shine. Relax or entertain beneath the custom, handcrafted pergola, creating the perfect outdoor living space. The large, fully fenced backyard offers plenty of shade, room to play, and includes a brand-new storage shed. Whether you're enjoying summer barbecues, evenings around the outdoor living area, or simply unwinding in your private backyard, this space is ready to impress. Additional updates include renovated laundry room, finished garage with built-in storage and workbench, updated interior doors, refreshed landscaping, and numerous improvements throughout the home. This move-in ready home combines modern updates, generous living spaces, and an incredible backyard, all in a desirable Frankfort location. Schedule your private showing today before this one is gone!

Full Property Details for 20558 S Graceland Ln

General

  • Price: $355,000
  • Taxes: $6,293 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12712235
  • Updated: 7/22/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, W
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Baths: Yes

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)
  • Other Features: School Bus Service

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: Frankfort
  • County: Will
  • Township: Frankfort
  • Subdivision: Frankfort Square
  • Driving Directions: From I-80, take Exit 145 for La Grange Road (US-45) and head south. Turn left onto W. St. Francis Road, then right onto Graceland Lane. Continue south to 20558 S. Graceland Lane, which will be on your left.

School Information

  • School District: 161
  • Elem School District: 161
  • Midd School District: 161
  • High School District: 210
  • Elementary School: Indian Trail Elementary School
  • Middle School: Summit Hill Junior High School
  • High School: Lincoln-Way East High School
  • Private School: Lincoln-Way East High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Split Level
  • Architectural Style: Split-Level
  • Construction: Aluminum Siding, Vinyl Siding
  • Exterior Const.: Aluminum Siding, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Walk-Out Access
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Windows: Screens
  • Doors: Sliding Doors, Panel Door(s)
  • Sub-Flooring: Laminate
  • Square Feet: 1,404
  • Sq. Ft. Source: Plans
  • Year Built: 1976
  • Built Before 1978: Yes

Additional Structures

  • Other Structures: Pergola, Shed(s)

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 133 x 56
  • Fence: Yes
  • Lot Features: Mature Trees
  • Fencing (Description): Fenced

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1976
  • Tax Amount: $6,293.04
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1909133050160000

Listed by Nest Equity Realty

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— 20558 S Graceland Ln —

  • Nest Equity Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 20558 S Graceland Ln

School Districts:Summit Hill School District 161, Lincoln Way Community High School District 210
NameGradesDistance
Indian Trail Elementary School, Frankfort, IL
20912 South Frankfort Square Road, Frankfort, IL 60423
1-40.4 mi
Summit Hill Junior High School
7260 West North Avenue, Frankfort, IL 60423
7-80.6 mi
Lincoln-Way East High School
201 Colorado Avenue, Frankfort, IL 60423
9-122.4 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 20558 S Graceland Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/22/2026
Listed
$355,000
29.68%
MLS
12/04/2023
Sold
$273,750
—
Public Record
Get Price Alerts and Save Property
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 for 20558 S Graceland Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,293
-3%
$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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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20558 S Graceland Lane, Frankfort, IL 60423 (MLS# 12712235) is a Single Family property with 4 bedrooms and 2 full bathrooms. 20558 S Graceland Lane is currently listed for $355,000 and was received on July 22, 2026. Want to learn more about 20558 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.

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