406 E Franklin St, Lanark, IL 61046
Property image
Property image
OFF MARKET

406 E Franklin St
Lanark, IL 61046

  • 3 Beds
  • 2 Baths
  • 2,048 sqft

$103,700

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $780/mo*
Refinance Your Home

$103,700

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $780/mo*
Refinance Your Home
3 Beds
2 Baths
2,048 sqft

Home Value

Trulia Estimate
$104K
Since last month
Increased$1K (+1.4%)
Since last year
Increased$16K (+17.3%)
Since last sale
Increased$72K (+218.2%)
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 +69% in the last 10 years
MonthEstimated value
2026
August 2026$105K
July 2026$104K
June 2026$103K
May 2026$102K
April 2026$98K
March 2026$98K
February 2026$92K
January 2026$101K
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
328 E Carroll St, Lanark, IL
0.13
Single-Family Home
$81,500
04/17/26
3
2
1,632
116 N High St, Lanark, IL
0.12
Single-Family Home
$61,000
02/17/26
3
2
1,694
628 E Locust St, Lanark, IL
0.19
Single-Family Home
$117,000
12/15/25
3
2
1,530
303 E Pearl St, Lanark, IL
0.11
Single-Family Home
$96,500
02/04/26
2
1.5
1,400
122 N Rochester St, Lanark, IL
0.16
Single-Family Home
$77,500
11/26/25
3
1
1,288
208 S Broad St, Lanark, IL
0.24
Single-Family Home
$143,000
10/08/25
4
2
1,692
310 E Pearl St, Lanark, IL
0.13
Single-Family Home
$114,500
11/14/25
2
1.5
1,912
326 S School St, Lanark, IL
0.13
Single-Family Home
$149,350
02/27/26
4
2
3,084
205 E Pearl St, Lanark, IL
0.16
Single-Family Home
$150,000
02/17/26
4
2
2,774
515 Hill St, Lanark, IL
0.55
Single-Family Home
$170,000
03/27/26
3
1.5
1,812

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
215 E Prairie St, Lanark, IL 61046
0.12
$87,800
3
1
1,432
Off Market
303 E Pearl St, Lanark, IL 61046
0.11
$96,500
2
1.5
1,400
Recently Sold
N, Lanark, IL 61046
0.12
$61,000
3
2
1,694
Recently Sold
328 E Carroll St, Lanark, IL 61046
0.13
$81,500
3
2
1,632
Recently Sold
406 E Pearl St, Lanark, IL 61046
0.12
$164,600
3
2.5
1,894
Off Market
310 E Pearl St, Lanark, IL 61046
0.13
$114,500
2
1.5
1,912
Recently Sold
322 E Carroll St, Lanark, IL 61046
0.14
$124,900
4
2
1,400
For Sale
410 E Carroll St, Lanark, IL 61046
0.13
$102,200
2
1
1,192
Off Market
302 E Carroll St, Lanark, IL 61046
0.15
$58,200
2
1
619
Off Market
129 E Franklin St, Lanark, IL 61046
0.17
$149,700
4
1
1,600
Off Market
122 N Rochester St, Lanark, IL 61046
0.16
$77,500
3
1
1,288
Recently Sold
205 E Pearl St, Lanark, IL 61046
0.16
$150,000
4
2
2,774
Recently Sold

Local Information

  • Map ViewExplore the area around 406 E Franklin St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1871
Living Area
2,048 sqft
Price/Sqft
$51
Parking
Garage

About this House

LOVELY AND WELL MAINTAINED LARGER HOME SITUATED ON LARGE CORNER LOT, INTERIOR FEATURES LARGE ADDITON W/ VAULTED CIELING, FIREPLACE, BUILT IN ENTERTAINMENT AREA W/ INDOOR GRILL FOR ENTERTANING FUN. HOME HAS MOSTLY OPEN FLOOR PLAN W/ ADDITION GOING OUT INTO THE BACK YARD THAT OFFERS MULTI LEVEL DECK, COVERED PORCH, AND 3 CAR GARAGE THAT CAN EASILY BE USED AS A WORKSHOP. ALL APPLIANCES GO WITH HOME AND ARE HIGH END AND NEWER. BRAND NEW GFA UNIT MAKES THIS HOME VERY EFFICIENT, SOME NEWER WINDOWS ON SECOND LEVEL ONE BATH ON EACH LEVEL AND MAIN LEVEL LAUNDRY.
406 E Franklin St, Lanark, IL 61046 is a 3 bedroom, 2 bathroom, 2,048 sqft single-family home built in 1871. It last sold for $33,000 on Aug 23, 2013. It is currently off market. The Trulia Estimate is $103,700, with a rent estimate of $1,545/month.

Home Details for 406 E Franklin St

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet
Interior Details
Number of Rooms: 7Types of Rooms: Dining Room, Family Room
Appliances & Utilities
DryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: Other
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1871
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Lot Information

Lot Area: 7840 sqft

Price and Tax history

DateEventPrice
Jan 25, 2016
Source: Agent Provided
ListingRemoved
$89,000
Jul 2, 2015
Source: Agent Provided
Listed For Sale
$89,000
Aug 23, 2013
Source: NorthWest Illinois Alliance of REALTORS® #112475
Sold
$33,000
Jun 1, 2013
Source: Agent Provided
PriceChange
$44,650
Price decreased by 5%
May 3, 2013
Source: Agent Provided
Listed For Sale
$47,000

Market trends in Lanark

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
30
3MoM
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Around this home

What Locals Say about Lanark

At least 10 Trulia users voted on each feature.

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 93 % Say car is needed

  • 93 % Say yards are well-kept

  • 93 % Say it's dog friendly

  • 87 % Say it's quiet

  • 73 % Say there's wildlife

  • 71 % Say there's holiday spirit

  • 69 % Say there are community events

  • 63 % Say they plan to stay for at least 5 years

  • 60 % Say neighbors are friendly

  • 58 % Say kids play outside

  • 53 % Say it's walkable to restaurants

  • 36 % Say there are sidewalks

  • 30 % Say it's walkable to grocery stores

  • 20 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Many fun events during the summer with bands and food lake wide garage sale bingo and much more. "
    0
    Flag
  • Trulia User
    "Dogs are walked always in the neighborhood Unfortunately you’re not allowed to take them to the beach to swim and play . There is also no dog park for playing"
    0
    Flag
  • Laura M.
    "There is Carroll county transit if you don’t drive I drive and it takes 45 minutes on county roads "
    0
    Flag
  • Laura M.
    "Small town with local grocery 7 miles from entrance of Lake Carroll work is 25 miles from home and takes 45 minutes"
    1
    Flag
  • Debbie L.
    "great town to live in and raise kids.great schools. great firefighters and police emts just an all around great place to live"
    0
    Flag
  • Korinafreidag
    "Great area for dog owners. Safe streets to take your dog for walks or runs. Dogs are welcome to run outside."
    1
    Flag
  • Adrake6791
    "A lot of roads to walk on with very little traffic. There is also a lake that you can take your dog to swim if interested."
    0
    Flag
  • Adrake6791
    "Community with a 640 acre lake for boating, etc. 18 hole golf course, ski hill, ATV trail. Beautiful scenery year around."
    0
    Flag
  • Adrake6791
    "Lake Carroll is a development in Northwestern Illinois. There are no sidewalks because we don’t need them. We walk on the streets because there isn’t a tremendous amount of traffic. The Lake Carroll development stretches across 5500 acres. Wildlife is abundant. Amenities include a 640 acre lake, 18 hole golf course with clubhouse & restaurant, indoor & outdoor pool, Ski Hill/lodge, & ATV trail that goes around the entire property. Some live here full time and some have weekend homes. It is very relaxing and we’ve made very good friends here in the 1 1/2 years we’ve lived here. If my job takes me elsewhere we plan on keeping a house here."
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  • Barbara H.
    "I have lived in Lake Carroll for 7 years and wish I had known about it long ago. A beautiful private community with a public golf course. Lake Carroll is located just 2 hours west of Chicago and has a 640 acre lake, 15 mile ATV/snowmobile trail system, indoor/outdoor pool complex, 18 hole golf course with clubhouse, restaurant & pro shop, ski hill, tube tow, tennis courts, 2 marinas, campgrounds, equestrian and more!"
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Apartments for Rent

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Homes for sale near 406 E Franklin St

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Off Market Homes Near 406 E Franklin St

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Frequently asked questions about 406 E Franklin St

  • What is 406 E Franklin St estimated to be worth?
    Trulia's estimated value for 406 E Franklin St in Lanark, IL is $103,700.
  • What is the price history for 406 E Franklin St?
    406 E Franklin St in Lanark, IL last sold for $33,000 in August 2013.
  • Is Lanark a buyer's or seller's market?
    Lanark is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Lanark?
    Residents describe Lanark, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Lanark, IL.
  • Does 406 E Franklin St have air conditioning?
    Yes, 406 E Franklin St in Lanark, IL has air conditioning.
  • Does 406 E Franklin St have laundry facilities?
    Yes, 406 E Franklin St in Lanark, IL has in-unit laundry.