3516 Elder Lane, Franklin Park, IL 60131

$140,000 Asking Price

2 beds
1 bath
800  sqft
Built in 1928

**Investor's Dream: Unleash Potential in This Fixer-Upper Gem!** Welcome to a prime investment opportunity in a desirable neighborhood! This charming single-family home, featuring 2 bedrooms and 1 full bathroom, is awaiting your creative vision. With North Elementary and Hester Jr. High just a stone's throw away, it's the perfect location for families. Unlock the hidden potential of this property with its rare unfinished basement, offering valuable extra space for expansion or storage. Take advantage of the current low inventory market while enjoying the convenience of nearby amenities, including shopping, dining, schools, and major highways. While the property requires TLC, the possibilities for transformation are endless. However, please note that the buyer will need to address violations listed on the pre-sale inspection report.Don't let this opportunity slip away! Seize the chance to invest in this diamond in the rough and turn it into your dream home. Contact us today to schedule a viewing and start your journey toward realizing its full potential!*Disclaimer: City requires clean out before inspection is set, seller will clean out property once earnest money is received*


Features & Amenities

Interior

Rooms:
No additional rooms
Basement:
Full
A/C:
Window/Wall Unit - 1
Heating:
Natural Gas
Disability Feature:
None

Exterior

General:
Frame
Parking:
Garage, Parking spaces: 1

Construction

General:
1 Story

Location

HOA Amenities:
Not Applicable
Originating MLS:
mred
School District:
84
County:
Cook

Lot

Zoning:
12214010370000

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Fee Simple
Buyers Agent Compensation:
2.5%-$295

This listing courtesy of:
DEI Realty LLC, Oscar Darden

About Franklin Park, IL

Housing

Number of Units
7,123
Median Home Value
$213,086
Median Rent
$948

28.41% of housing units are renter occupied.

4.23% are vacant.

Commute

Car
78.96%
Public Transportation
4.63%
Walk to Work
2.23%
Work from Home
13.52%
Other
0.66%

The median travel time to work is 27 minutes.

People

Population
20,354
Median Age
35.80
Median Household Size
3.18

Education

High School
33.39%
Associate’s Degree
8.09%
Bachelor’s Degree
13.85%
Graduate Degree
4.49%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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