3516 Elder Ln, Franklin Park, IL 60131
Property image
Property image
SOLD
MAR 27, 2026

$425,700

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,400 sqft (on 6 acres)

3516 Elder Ln, Franklin Park, IL 60131

Est. Refi. Payment $3,065/mo*
Refinance Your Home
Currently Off Market - Sold Mar 27, 2026 for $415,000 (4% above list price)

Home Value

Trulia Estimate
$426K
Since last month
Increased$2K (+0.5%)
Since last year
Increased$262K (+159.1%)
Since last sale
Increased$11K (+2.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +243% in the last 10 years
MonthEstimated value
2026
September 2026$426K
August 2026$424K
July 2026$423K
June 2026$421K
May 2026$420K
April 2026$418K
March 2026$399K
February 2026$385K
January 2026$169K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3437 Scott St, Franklin Park, IL
0.11
Single-Family Home
$430,000
07/21/26
3
2
1,545
3541 Emerson St, Franklin Park, IL
0.12
Single-Family Home
$319,900
04/30/26
3
1.5
1,540
3421 Elder Ln, Franklin Park, IL
0.11
Single-Family Home
$375,000
10/27/25
4
2
1,411
3515 Louis St, Franklin Park, IL
0.15
Single-Family Home
$400,000
12/16/25
3
2
1,738
3652 Hawthorne St, Franklin Park, IL
0.21
Single-Family Home
$405,000
10/28/25
3
2
1,265
3623 Hawthorne St, Franklin Park, IL
0.14
Single-Family Home
$349,000
10/21/25
3
2
1,128
3640 Hawthorne St, Franklin Park, IL
0.19
Single-Family Home
$385,000
05/29/26
3
2
1,128
3631 Elder Ln, Franklin Park, IL
0.16
Single-Family Home
$417,000
04/06/26
3
2
2,001

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3525 N Elder Ln, Franklin Park, IL 60131
0.05
$364,800
3
2
1,313
Off Market
3530 Elder Ln, Franklin Park, IL 60131
0.04
$305,900
2
1
879
Off Market
3541 Emerson St, Franklin Park, IL 60131
0.12
$319,900
3
1.5
1,540
Recently Sold
3545 Emerson St, Franklin Park, IL 60131
0.12
$366,700
3
2
1,300
Off Market
3546 Hawthorne St, Franklin Park, IL 60131
0.10
$463,400
4
3
2,400
Off Market
3610 Emerson St, Franklin Park, IL 60131
0.14
$447,000
4
2
1,956
Off Market
3600 Hawthorne St, Franklin Park, IL 60131
0.12
$413,400
4
2.5
1,200
Off Market
3624 Elder Ln, Franklin Park, IL 60131
0.14
$372,200
3
1
1,200
Off Market
3623 Hawthorne St, Franklin Park, IL 60131
0.14
$423,300
3
2
1,128
Off Market
3421 Elder Ln, Franklin Park, IL 60131
0.11
$393,200
4
2
1,411
Off Market
3422 Elder Ln, Franklin Park, IL 60131
0.11
$430,000
5
2.5
1,557
For Sale

Local Information

  • Map ViewExplore the area around 3516 Elder Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1927
6 acre lot
1,400 sqft
$296/sqft
Garage

About this House

Partially rehabbed and partially new-construction home featuring a brand-new second story, new roof, siding, gutters, and more. Be the first to enjoy the fresh updates-new walls, new floors, and a clean, modern feel throughout. Great location near parks, East Leyden High School, the ice skating rink, and convenient access to major highways.
3516 Elder Ln, Franklin Park, IL 60131 is a 3 bedroom, 2 bathroom, 1,400 sqft single-family home built in 1927. It last sold for $415,000 on Mar 27, 2026 (4% above the $399,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $425,700, with a rent estimate of $2,484/month.
Last check for updates: about 5 hours ago
Listed by Ewa Malinowski, (773) 392-5741
EHomes Realty, Ltd
Bought with: Laura Majikes, (847) 902-4629, Coldwell Banker Realty
Source: MRED as distributed by MLS GRID, MLS#12575717

Home Details for 3516 Elder Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room, Utility Room Lower Level
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1400 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Range Hood, Gas OvenDishwasherDisposalLaundry: Gas Dryer Hookup,SinkMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Spa
Windows, Doors, Floors & Walls
Window: Window Treatments, Drapes, BlindsDoor: Mirrored Closet Door(s), Sliding Doors, Sliding Glass Door(s)
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability Access
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 3Parking: Garage Door Opener,Yes,Detached,Off Alley,Alley Access,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1927Year Renovated: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl Siding, CombinationNot a New ConstructionHas Additional Parcels
Property Information
Parcel Number: 12214010370000Additional Parcels Description: 12214010380000

Price & Status

Price
List Price: $399,000Price Per Sqft: $296/sqft
Status Change & Dates
Off Market Date: Sat Feb 28 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: Franklin Park
School Information
Elementary School District: 84Jr High / Middle School District: 84High School: East Leyden High SchoolHigh School District: 212

Building

Building Area
Building Area: 1400 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 6 Acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Energy

Energy Efficiency Features: Water Heater

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 12575717

Additional Information

Source Internet Consumer CommentSource Internet Automated Valuation DisplaySource Internet Entire Listing DisplayMRD Listing On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Mar 27, 2026
Source: MRED as distributed by MLS GRID #12575717
Sold
$415,000
Feb 28, 2026
Source: MRED as distributed by MLS GRID #12575717
Contingent
$399,000
Feb 28, 2026
Source: MRED as distributed by MLS GRID #12575717
PriceChange
$399,000
Price increased by 4%
Feb 24, 2026
Source: MRED as distributed by MLS GRID #12575717
Listed For Sale
$385,000
Jan 8, 2025
Source: MRED as distributed by MLS GRID #12195534
Sold
$160,711

Market trends in Franklin Park

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
31
7MoM

Around this home

What Locals Say about Franklin Park

At least 128 Trulia users voted on each feature.

  • 85 % Say there are sidewalks

  • 81 % Say yards are well-kept

  • 79 % Say it's dog friendly

  • 72 % Say there's holiday spirit

  • 72 % Say parking is easy

  • 71 % Say it's walkable to grocery stores

  • 70 % Say streets are well-lit

  • 68 % Say it's walkable to restaurants

  • 68 % Say kids play outside

  • 67 % Say car is needed

  • 66 % Say people would walk alone at night

  • 59 % Say they plan to stay for at least 5 years

  • 56 % Say it's quiet

  • 43 % Say there's wildlife

  • 41 % Say neighbors are friendly

  • 35 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jumpnlobo
    "I’m not a dog owner but there are many people walking around with their dogs, Franklin Park is very safe"
    0
    Flag
  • Aaron M.
    "Railroad days , car shows , street festivals. There’s something unique about FP. I grew up here and i honestly would not plant to leave any time soon. "
    0
    Flag
  • Darlene Slowik
    "N/A Neighbor are plotting against certain others. You may think you can trust until the click starts. Neighbors with titles of city officials threaten."
    0
    Flag
  • Jumpnlobo
    "Franklin Park is a safe place for families, the schools are close by and district 83 and East Leyden high school are great schools."
    0
    Flag
  • Darlene Slowik
    "Neighbors watching for each one and have cams in their front windows. Sometimes they single out specific homes."
    0
    Flag
  • Carlos Hernandez
    "Franklin park is a great area to live in, you literally get nice quiet neighborhoods with lots of parking, lots of parks, stores all over the place and very safe."
    0
    Flag
  • Mlaboy88
    "Most neighbors look out for each other. The kids are able to ride bikes and play on the block without feeling scared. "
    0
    Flag
  • Lj012
    "friendly people, clean, pet friendly. Carnivals once a year. Small town, music in the park. Fireworks "
    1
    Flag
  • Roxana Z.
    "Downtown area people are friendly everyone knows everyone very peaceful beautiful walks enjoy different parks "
    0
    Flag
  • Heather D. R.
    "Lots of area and space for different walking routes. All dogs are usually walked by owners on a leash and cleaned-up after"
    2
    Flag
  • Liz H.
    "Friendly community Great schools Safety neighborhood Hight tax but worth it Police give a lot of tickets "
    2
    Flag
  • Roschelyortiz
    "lived here for 4 months great neighbors elementary school pick-up for both junior high and Elementary "
    1
    Flag
  • Marie B.
    "Fast quick simple very clean schools nearby and shopping Plenty of restaurants and churches and ice rink and pool and clean fun parks "
    1
    Flag
  • Jimenez.ana33.aj
    "there are great parks and great schools around the areas. Neighborhood is very friendly and help each other within the community "
    1
    Flag
  • Jose A. C.
    "the trains make this neighborhood unique. you know you are in Franklin park when your hearing the cargo train horns at 2am blasting all night. I'm use to it. I don't mind."
    0
    Flag
  • Tierraminor
    "This is a mixed community. All that I've met has been nice. The parks are great... They offer a lot of activities. "
    0
    Flag
  • Kayflo1981
    "I moved in 4 months ago the neighborhood is ok...I don't really think it's unique, I think it's a railroad town, with good schools. my mother has lived here for 20 years and loves it! I guess I'm just getting used to it."
    0
    Flag
  • Angel9484sol
    "very quite and peaceful area. Only major noise through the night are the trains, but you get use to it. "
    0
    Flag
  • Justeasingsalon
    "You see people walking dogs all the time but never see kids playing outside , everyone is too busy playing video games except for my son "
    0
    Flag
  • Tierraminor
    "it is a great place to live and great ppl with a lot of companies near by... I have lived here for 2 yrs and dont plan on moving "
    0
    Flag
  • olieb
    "i live here, excellent park for children - water feature basketball court and t-ball swings and sand box picnic tables and benches"
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

Frequently asked questions about 3516 Elder Ln

  • What is 3516 Elder Ln estimated to be worth?
    Trulia's estimated value for 3516 Elder Ln in Franklin Park, IL is $425,700.
  • What is the price history for 3516 Elder Ln?
    3516 Elder Ln in Franklin Park, IL last sold for $415,000 in March 2026.
  • Is Franklin Park a buyer's or seller's market?
    Franklin Park is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Franklin Park?
    Residents describe Franklin Park, IL as pedestrian-friendly, well-kept, and dog-friendly. See recently sold homes in Franklin Park, IL.
  • Does 3516 Elder Ln have air conditioning?
    Yes, 3516 Elder Ln in Franklin Park, IL has air conditioning.
  • Does 3516 Elder Ln have laundry facilities?
    Yes, 3516 Elder Ln in Franklin Park, IL has laundry facilities.

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