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$389,000 Just Listed
Property Description
Perfectly positioned on a spacious homesite in the heart of Connecticut Hills, this lovingly maintained 3-bedroom, 2-bath split-level offers comfort, charm, and an incredible opportunity to create your own next chapter. Ideally located just moments from Historic Downtown Frankfort, award-winning Lincoln-Way East High School, and highly acclaimed Frankfort School District 157C schools, this central location offers the perfect blend of community, convenience, and everyday living. Inside, you'll find a spacious formal living room filled with natural light from large windows, a formal dining room ready to host holidays and special occasions, and a charming eat-in kitchen with ceramic tile flooring. Start your mornings with a cup of coffee overlooking the expansive patio and backyard-a space made for summer barbecues, backyard games, gardening, and making memories with family and friends. The inviting lower level is the heart of the home, featuring an expansive family room centered around a beautiful masonry fireplace, where large windows fill the space with natural light. Freshly painted and featuring brand-new carpeting, this warm and welcoming space is perfect for cozy movie nights, cheering on your favorite team, or gathering with loved ones. A full bath, utility room, and access to the oversized 2.5-car garage complete the lower level. Upstairs, you'll find a comfortable primary bedroom, two additional generously sized bedrooms, and a full bath, offering plenty of space for family, guests, or a home office. Lovingly maintained throughout the years, the home also features updated mechanicals, including the furnace and central air conditioning. Filled with warmth, timeless character, and unique details, this is a home that has been exceptionally cared for and offers a wonderful opportunity for its next owners to add their own personal style while appreciating the solid foundation that's already here. Whether you're looking for a place to put down roots, enjoy one of Frankfort's most convenient locations, or simply create a home filled with lasting memories, this is an opportunity you won't want to miss. Estate sale. Property is being conveyed as is.
Full Property Details
Full Property Details for 540 Meadow Ave
General
- Price: $389,000
- Taxes: $4,951 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12694369
Rental Information
- Complex Features: Park
Interior
- Basement: Crawl Spac
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Wood-Burning
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Water Softener (Owned), Ceiling Fan(s)
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Frankfort
- County: Will
- Township: Frankfort
- Subdivision: Connecticut Hills
- Driving Directions: Route 30 to N Locust Left onto Meadow
School Information
- School District: 157C
- Elem School District: 157C
- Midd School District: 157C
- High School District: 210
- Elementary School: Grand Prairie Elementary School
- Middle School: Hickory Creek Middle 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
- Construction: Brick, Cedar
- Exterior Const.: Brick, Cedar
- Basement: Yes
- Basement Desc.: Crawl Space
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 2,376
- Sq. Ft. Source: Estimated
- Year Built: 1971
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 72 x 142
- Lot Features: Mature Trees
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1971
- Tax Amount: $4,951.66
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1909211150020000
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 540 Meadow Ave
School Districts:Frankfort Community Consolidated School District 157c, Lincoln Way Community High School District 210
| Name | Grades | Distance |
|---|---|---|
Grand Prairie Elementary School, Frankfort, IL 10480 Nebraska Street, Frankfort, IL 60423 | PK-2 | 0.8 mi |
Chelsea Elementary School 22265 South 80th Avenue, Frankfort, IL 60423 | 3-5 | 3.2 mi |
Hickory Creek Middle School 22150 South Owens Road, Frankfort, IL 60423 | 6-8 | 2.4 mi |
Lincoln-Way East High School 201 Colorado Avenue, Frankfort, IL 60423 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 540 Meadow Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,952
-34%
$117,265
12%
2023
$7,498
28%
$104,729
10%
2022
$5,861
—
$95,390
7%
2022
$5,861
-2%
$89,242
3%
2020
$5,957
—
$86,727
3%
2019
$5,932
-1%
$84,406
3%
2018
$6,009
-2%
$81,980
2%
2017
$6,157
3%
$80,066
4%
2016
$5,990
2%
$77,321
4%
2015
$5,880
1%
$74,598
1%
2014
$5,814
1%
$74,080
-1%
2013
$5,741
-2%
$75,040
-5%
2012
$5,860
—
$78,989
—
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 540 Meadow Ave
540 Meadow Avenue, Frankfort, IL 60423 (MLS# 12694369) is a Single Family property with 3 bedrooms and 2 full bathrooms. 540 Meadow Avenue is currently listed for $389,000 and was received on July 07, 2026. Want to learn more about 540 Meadow Avenue? 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.
