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Frankfort Square

Frankfort Square

Suburban Neighborhood in Frankfort, Illinois

Will County 60423

Neighborhood Reviews
3.9
$368,629 Average Value
$205 Average Price per Sq Ft
8 Homes For Sale

Just northeast of Frankfort

About 30 miles south of downtown Chicago, with access to Interstates 80 and 57, Frankfort Square is about 4 miles northeast of the suburb of Frankfort. “Frankfort Square is part of Franklin, but it’s a separate entity,” says Marge Cahill, a real estate broker with @properties, with about 25 years of real estate experience. “It provides more of a collection of starter homes than what you would find in Frankfort, and the homes are a bit smaller.” The suburb of Frankfort is on many lists as one of the best suburbs south of Chicago. The attraction of Frankfort Square is the school chain that feeds into an A-plus high school.

Frankfort Squares is recognized as one of the best places to live in Illinois.
Frankfort Squares is recognized as one of the best places to live in Illinois.
Frankfort Square located in Frankfort, IL has beautiful houses with manicured lawns.
Frankfort Square located in Frankfort, IL has beautiful houses with manicured lawns.
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Good school districts

Elementary schools in the Summit Hill School District 161 are split between younger students heading to schools like Frankfort Square Elementary School, with an A-minus Niche grade. Students through fourth grade have the option of attending here. Walker Intermediate School is also rated an A-minus and has a 12-to-1 student-teacher ratio. This school serves fifth and sixth graders. Summit Hill Junior High is also rated an A-minus and has almost 700 seventh and eighth graders. Lincoln-Way East High School is part of the Lincoln-Way Community High School District Number 210. The school is rated an A-plus and has a 97% graduation rate. “The fact that people can move into an affordable house and have access to a school like Lincoln-Way East is a big reason why Frankfort Square is attractive,” Cahill says.

Summit Hill Junior High School is an option for students in the Frankfort Square area.
Summit Hill Junior High School is an option for students in the Frankfort Square area.
Frankfort Square Elementary School is a highly-rated school in the community.
Frankfort Square Elementary School is a highly-rated school in the community.
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Some homes under $200,000

The oldest houses in this area are from the 1970s and are priced between $230,000 and $320,000. Some condos and townhouses can be under $200,000 but have under 1,000 square feet of living space. Monthly fees range from $150 to over $200, including lawn care and snow removal. Single-family homes are primarily three to four-bedroom split-level, ranch and raised ranch styles. Some of the larger homes are around 3,000 square feet.

Split-level homes with clean-cut shrubbery are a frequent sight in Frankfort Square.
Split-level homes with clean-cut shrubbery are a frequent sight in Frankfort Square.
Within the Frankfort Square neighborhood, one can find plenty of modern farmhouses.
Within the Frankfort Square neighborhood, one can find plenty of modern farmhouses.
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Recreation of all kinds

Although part of the village of Frankfort, Frankfort Square has its own independently run park district that oversees green space in the neighborhood. Frankfort Square Community Park has a fishing pier and walking trails around the large pond. There are a few pickleball courts, a playground and a picnic shelter. There are more outdoor recreation opportunities, like a splash park at Island Prairie Park that will be operational during the summer when the temperature is at least 78 degrees. There are more fishing opportunities. The park district community center is located at this park, and it’s the site for live music during the summer on most Tuesday and Thursday nights from June through August. Indian Boundary South Park is close and includes a disc golf course. The Frankfort Square Park District also owns Square Links Golf Course for those who want a more traditional round of golf. A practice center features a natural grass putting green and a practice sand bunker.

Fishing is a popular activity at Community Park in Frankfort Square.
Fishing is a popular activity at Community Park in Frankfort Square.
Community Park in Frankfort Square has Pickleball courts, a playground, a fishing pond and more.
Community Park in Frankfort Square has Pickleball courts, a playground, a fishing pond and more.
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Opportunities to eat out

There are a couple of small restaurants in Frankfort Square that residents won’t have to travel too far to enjoy. My Taco is a Mexican Restaurant on Lincoln Highway in a strip mall near the intersection with 80th Avenue. It’s a small place with limited seating that gets rave reviews for its steak tacos, tamales and salsa. Pete Mitchell’s Bar & Grill, commonly known as PM’s, is a quaint watering hole that serves food. Sporting events are also on the multiple screens in the bar. Larger dining establishments in Frankfort, like the Dancing Marlin Restaurant, have steak and seafood items and a popular Sunday brunch.

My Taco Restaurant located in Frankfort Square serves delicious authentic Mexican cuisine.
My Taco Restaurant located in Frankfort Square serves delicious authentic Mexican cuisine.
Pete Mitchell's Bar & Grill located in Frankfort Square offers live music and outdoor seating.
Pete Mitchell's Bar & Grill located in Frankfort Square offers live music and outdoor seating.
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Car-dependent area

Some neighborhood streets have sidewalks, but a car is needed to get to other means of transportation. It’s about a 5-mile drive to the west to get to the Mokena Metra station, where it’ll be about a 50-minute train ride into downtown Chicago. Public bus transportation can be accessed a few miles north, with the Pace suburban bus service having multiple stops along 183rd Street.

Some neighborhood streets have a nice sidewalk for the community to utilize.
Some neighborhood streets have a nice sidewalk for the community to utilize.
Nature lovers are never far from parks in Frankfort Square.
Nature lovers are never far from parks in Frankfort Square.
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Jeff Stapleton
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Jeff Stapleton
Trevor Stevens
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Trevor Stevens

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Susan Mender, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Chicago Midway International

37 min drive

Reviews

Niche Reviews
3.9 13 Reviews
4.0 Current Resident
6/1/2018 Niche Review
Frankfort Square is a small suburb town with a well-known high school district, Lincoln-Way, which has an outstanding college prep approach helping high school students be prepared for college. Also with the atmosphere is fun and encourages family and friends while staying active with the amount of athletes who live in the area.
3.0 Niche User
5/5/2015 Niche Review
The weather here is very bipolar, one day it can be nice out while the next is can be crumby. I don't think there is ever an exact season in place that's how scattered the way can be.
4.0 Niche User
4/2/2016 Niche Review
The overall experience is very friendly, I would live here again.
4.0 Niche User
5/5/2015 Niche Review
There is very little crime in this area and it is pretty safe. Of course there are times when alerts are sent, but never really huge crimes being committed.
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Crime and Safety

1 - Low Crime, 10 - High Crime Frankfort Square US
Homicide 2 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 2 4
Burglary 1 4
Motor Vehicle Theft 1 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$363,750
Median Single Family Price
$365,000
Median Townhouse Price
$258,125
Median 2 Bedroom Price
$206,500
Average Price Per Sq Ft
$205
Number of Homes for Sale
8
Last 12 months Home Sales
128
Months of Supply
0.80
Median List Price
$362,450
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
15%

Home Facts

Number of Homes in Neighborhood
1,835
Median Year Built
1992
Avg. Single Family Home Size Sq Ft
2,397
Above the national average
1,935
Average Townhouse Size Sq Ft
1,434
Average 2 Bedroom Size Sq Ft
1,267
Median Lot Size Sq Ft
16,117

Open Houses

  • Saturday, Apr 26
    10am - 12pm

    21220 Brittany Dr, Frankfort, IL 60423

    $575,000

    • 4 Beds
    • 2.5 Baths
    • 3,591 Sq Ft
    • 21220 Brittany Dr
    • New 2 days ago

    Welcome to Your Dream Home! Nestled in the highly sought-after Plank Trail Estates, this stunning residence combines timeless elegance with modern comfort in every detail. From the moment you arrive, you'll be captivated by the impeccable curb appeal, boasting a meticulously maintained lawn, mature landscaping, and vibrant blooming trees and bushes. Step inside and be greeted by an abundance of

    Krista Laskowski Re/Max Ultimate Professionals

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Susan Mender, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
10,625
Median Age
40
Population Density
5 ppl/acre
Population under 18
24.1%
On par with the national average
23.8%
Population over 65
14.4%
On par with the national average
19.1%

Finances

Median Household Income
$115,651
Significantly above the national average
$71,702
Average Household Income
$124,433

Education and Workforce

High School Graduates
96.5%
Above the national average
89.1%
College Graduates
35.6%
Advanced Degrees
12.2%
% Population in Labor Force
78.6%
Above the national average
65.1%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
15°F
Average Summer High Temperature
84°F
Annual Snowfall
35''

Area Factors

Bikeable

Bike Score®

50 / 100

Car-Dependent

Walk Score®

39 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Frankfort Square