20558 S Graceland Lane

Frankfort, IL
$ 344,900 Beds 4 Baths 2 Sq 1,404 Virtual Tour
Monthly Estimate* How much can I afford?

This Frankfort home has been refreshed from top to bottom, with the space, updates, and backyard you've been waiting for! From the brand NEW roof, the fresh paint and new flooring, to the 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. All that's left to do is move in, make it your own, and start enjoying everything this Frankfort home has to offer!

New

  • Price
  • $ 344,900
  • City
  • Frankfort
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • WILL
  • Half Bathrooms
  • 0
  • Area
  • Frankfort
  • Lot Size
  • 0.17 Acres
  • Zip
  • 60423
  • Sqr Footage
  • 1,404
  • Year Built
  • 1976
  • Taxes
  • $ 6293
  • Style
  • Split Level
  • MLS#
  • 12763326
Listed By: Nest Equity Realty
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 1404
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Disposal,Stainless Steel Appliance(s)
Garage Spaces 1
Association Fee Includes None
Architectural Style Split Level
Construction Materials Aluminum Siding,Vinyl Siding
Year Built 1976
Electric Circuit Breakers
Township Frankfort
Tax Year 2025
Ownership Fee Simple
Community Features Curbs,Sidewalks,Street Lights,Street Paved
Assoc Fee Paid Per Not Applicable
County Will
New Construction No
Property Type Residential
Subdivision Name Frankfort Square
Other Structures Pergola,Shed(s)
Total Rooms 8
Full Baths 2
Status New
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 l
High School Lincoln-Way East High School
City Frankfort
High School District 210
MLS Area Frankfort
Elementary School Indian Trail Elementary School
Tax Annual Amount 6293.04
Middle/Junior High School Summit Hill Junior High School
Additional Parcels Y/N No
Standard Status Active
Middle/Junior School District 161
Elementary School District 161
Property Type Detached Single

Interior Features

Basement Finished,Walk-Out Access
Flooring Laminate
Laundry Features Laundry Closet
Total Bedrooms 4
Below Grade Finished Area 492
Room Type Foyer
LivingAreaSource Plans
Total Baths 2
Bedrooms Possible 4

Exterior Features

Parking Features Concrete,Garage Door Opener,Yes,Garage Owned,Attached,Garage
Lot Features Mature Trees
Water Source Public
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions 133X56
Lot Size Acres 0.17
Waterfront Y/N No
Other Equipment CO Detectors,Ceiling Fan(s)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Chicago, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Indian Trail Elementary School
Middle School Summit Hill Junior High School
High School Lincoln-Way East High School

Price History

9/18/2026 Listed $344,900

Property vs Zip Code Average in 60423

Price
AVG $760K
$340K
Taxes
AVG $12,814
$6,293
Year Built
AVG 1994
1976
Visits
AVG 88
33
Data Provided by Inside Real Estate®

Areas That We Cover

20558 S Graceland Lane Frankfort, IL is a Single Family Home for sale at $344900 with 1404 sqft and a lot size of 0.17 Acres Acre(s). 20558 S Graceland Lane Frankfort has 4 bedrooms, 2 baths and was built in 1976. The property's zip code is 60423 which is in Frankfort, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.