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

3516 Elder Ln
Franklin Park, IL 60131

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

$415,000

Last Sold: Mar 27, 2026
4% over list $399K
$296/sqft
Est. Refi. Payment $2,899/mo*

$415,000

Last Sold: Mar 27, 2026
4% over list $399K
$296/sqft
Est. Refi. Payment $2,899/mo*
3 Beds
1.5 Baths
1,400 sqft
(on 6 acres)

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

Property Type
Single-Family Home
Year Built
1927
Lot Size
6 acres
Living Area
1,400 sqft
Price/Sqft
$296/sqft
Parking
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). It is currently off market. The Trulia Estimate is $422,600, with a rent estimate of $2,710/month.

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
Last check for updates: about 7 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

Price History for 3516 Elder Ln

DatePriceEventSource
03/27/2026$415,000Sold
MRED as distributed by MLS GRID #12575717
02/28/2026$399,000ContingentMRED as distributed by MLS GRID #12575717
02/28/2026$399,000PriceChange
MRED as distributed by MLS GRID #12575717
02/24/2026$385,000Listed For SaleMRED as distributed by MLS GRID #12575717
01/08/2025$160,711Sold
MRED as distributed by MLS GRID #12195534
11/11/2024$159,000ContingentMRED as distributed by MLS GRID #12195534
11/05/2024$159,000Listed For SaleMRED as distributed by MLS GRID #12195534
06/22/2024ListingRemovedMRED as distributed by MLS GRID #12039439
05/20/2024$140,000PriceChange
MRED as distributed by MLS GRID #12039439
05/14/2024$160,000PriceChange
MRED as distributed by MLS GRID #12039439
04/29/2024$175,000Listed For SaleMRED as distributed by MLS GRID #12039439

Market trends in Franklin Park

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
32
3
MoM
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Property Tax and Assessment

Year2024
Tax
Assessment$43,810
Home facts updated by county records

Comparable Sales for 3516 Elder Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
$430,000
07/21/26
3
2
1,545
0.12
Single-Family Home
$319,900
04/30/26
3
1.5
1,540
0.11
Single-Family Home
$375,000
10/27/25
4
2
1,411
0.15
Single-Family Home
$400,000
12/16/25
3
2
1,738
0.21
Single-Family Home
$405,000
10/28/25
3
2
1,265
0.14
Single-Family Home
$349,000
10/21/25
3
2
1,128
0.19
Single-Family Home
$385,000
05/29/26
3
2
1,128
0.16
Single-Family Home
$417,000
04/06/26
3
2
2,001
0.24
Single-Family Home
$355,000
07/30/25
3
1.5
1,315

Nearby homes

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Assigned Schools

These are the assigned schools for 3516 Elder Ln.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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"
  • 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. "
  • 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."
  • 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."
  • Darlene Slowik
    "Neighbors watching for each one and have cams in their front windows. Sometimes they single out specific homes."
  • 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."
  • Mlaboy88
    "Most neighbors look out for each other. The kids are able to ride bikes and play on the block without feeling scared. "
  • Lj012
    "friendly people, clean, pet friendly. Carnivals once a year. Small town, music in the park. Fireworks "
  • Roxana Z.
    "Downtown area people are friendly everyone knows everyone very peaceful beautiful walks enjoy different parks "
  • 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"
  • Liz H.
    "Friendly community Great schools Safety neighborhood Hight tax but worth it Police give a lot of tickets "
  • Roschelyortiz
    "lived here for 4 months great neighbors elementary school pick-up for both junior high and Elementary "
  • 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 "
  • Jimenez.ana33.aj
    "there are great parks and great schools around the areas. Neighborhood is very friendly and help each other within the community "
  • 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."
  • Tierraminor
    "This is a mixed community. All that I've met has been nice. The parks are great... They offer a lot of activities. "
  • 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."
  • Angel9484sol
    "very quite and peaceful area. Only major noise through the night are the trains, but you get use to it. "
  • 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 "
  • 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 "
  • olieb
    "i live here, excellent park for children - water feature basketball court and t-ball swings and sand box picnic tables and benches"

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Apartments for Rent

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Homes for sale near 3516 Elder Ln

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Off Market Homes Near 3516 Elder Ln

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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