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$375,000
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Property Description
This beautifully updated three-bedroom, three-bath home offers the perfect blend of comfort and style. The modern kitchen opens to a deck just off the main living area, ideal for entertaining or relaxing outdoors. Vaulted ceilings in the front room create a bright, open feel, while the finished basement features a full bath and additional living space for guests, a home office, or recreation. The spacious primary bedroom includes its own private bath for added convenience. Step outside to enjoy the concrete patio and large backyard with a gas grill hookup, perfect for summer gatherings along with extra storge shed . 2 1/2 car heated garage. A truly wonderful home you won't want to miss!
Full Property Details
Full Property Details for 7553 W Inverness Ln
General
- Price: $375,000
- Taxes: $9,170 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12540418
- Updated: 1/13/2026
- Added to Site: 10 day(s) ago
Rental Information
- Complex Features: Park, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, F
- Interior Features: Vaulted Ceiling(s), Dining Combo, Granite Counters
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Basement, Gas Starter
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Additional Information
- 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, Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: Frankfort
- County: Will
- Township: Frankfort
- Subdivision: Highlands
- Driving Directions: Harlen to Benton West to Inverness
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: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Shared Well
Structural Information
- Construction: Brick, Cedar
- Exterior Const.: Brick, Cedar
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt
- Windows: Drapes
- Square Feet: 1,708
- Sq. Ft. Source: Estimated
- Year Built: 1989
Lot Features
- Lot Size (Acres): 0.3
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 70 x 179
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1989
- Tax Amount: $9,170.54
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1909124050080000
Listed by Redfin Corporation
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Schools
Schools serving 7553 W Inverness Ln
| Name | Grades | Distance |
|---|---|---|
Indian Trail Elementary School, Frankfort, IL 20912 South Frankfort Square Road, Frankfort, IL 60423 | 1-4 | 1.4 mi |
Summit Hill Junior High School 7260 West North Avenue, Frankfort, IL 60423 | 7-8 | 1.1 mi |
Lincoln-Way East High School 201 Colorado Avenue, Frankfort, IL 60423 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7553 W Inverness Ln
Date
Details
Price
Change
Source
1/07/2026
Listed
$375,000
51.21%
MLS
10/27/2005
Sold
$248,000
—
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 7553 W Inverness Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,171
4%
$116,724
12%
2023
$8,848
9%
$104,246
10%
2022
$8,122
—
$94,950
7%
2022
$8,122
8%
$88,830
3%
2020
$7,490
3%
$86,327
3%
2019
$7,238
4%
$84,017
3%
2018
$6,970
2%
$81,602
2%
2017
$6,821
3%
$79,697
4%
2016
$6,608
2%
$76,965
4%
2015
$6,463
2%
$74,255
1%
2014
$6,367
3%
$73,739
-1%
2013
$6,185
1%
$74,695
-5%
2012
$6,124
—
$78,626
—
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 7553 W Inverness Ln
7553 W Inverness Lane, Frankfort, IL 60423 (MLS# 12540418) is a Single Family property with 3 bedrooms and 3 full bathrooms. 7553 W Inverness Lane is currently listed for $375,000 and was received on January 07, 2026. Want to learn more about 7553 W Inverness 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.

