Would people walk alone at night in Lanark, IL?

As of early 2026, 100% of users say people would walk alone at night

Is parking easy in Lanark, IL?

As of early 2026, 100% of users say parking is easy

Is a car needed in Lanark, IL?

As of early 2026, 93% of users say car is needed

Are yards well-kept in Lanark, IL?

As of early 2026, 93% of users say yards are well-kept

Is Lanark, IL dog-friendly?

As of early 2026, 93% of users say it's dog friendly

As of early 2026, 87% of users say it's quiet

Is there wildlife in Lanark, IL?

As of early 2026, 73% of users say there's wildlife

Does Lanark, IL show holiday spirit?

As of early 2026, 71% of users say there's holiday spirit

Are there community events in Lanark, IL?

As of early 2026, 69% of users say there are community events

Do residents of Lanark, IL plan to stay at least 5 years?

As of early 2026, 63% of users say they plan to stay for at least 5 years

Are neighbors friendly in Lanark, IL?

As of early 2026, 60% of users say neighbors are friendly

Do kids play outside in Lanark, IL?

As of early 2026, 58% of users say kids play outside

Is Lanark, IL walkable to restaurants?

As of early 2026, 53% of users say it's walkable to restaurants

Does Lanark, IL have sidewalks?

As of early 2026, 36% of users say there are sidewalks

Is Lanark, IL walkable to grocery stores?

As of early 2026, 30% of users say it's walkable to grocery stores

Are the streets well-lit in Lanark, IL?

As of early 2026, 20% of users say streets are well-lit

What is 507 E Franklin St estimated to be worth?

Trulia's estimated value for 507 E Franklin St in Lanark, IL is $71,100 .

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 .

What are the closest schools to 507 E Franklin St?

The closest schools to 507 E Franklin St in Lanark, IL are Eastland High School (Middle, rated 7/10), Eastland Middle School (Pre-K/Elementary, rated 6/10).

Does 507 E Franklin St have air conditioning?

Yes, 507 E Franklin St in Lanark, IL has air conditioning.

How big is the lot at 507 E Franklin St?

The lot at 507 E Franklin St in Lanark, IL is about 0.25 acres (10,890 sq ft).

OFF MARKET

$71,100

Trulia Estimate

3 Beds
2 Baths
1,432 sqft (on 0.25 acres)

507 E Franklin St, Lanark, IL 61046

Est. Refi. Payment $562/mo*

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Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
628 E Locust St, Lanark, IL	0.13	Single-Family Home	$117,000	12/15/25	3	2	1,530
328 E Carroll St, Lanark, IL	0.13	Single-Family Home	$81,500	04/17/26	3	2	1,632
303 E Pearl St, Lanark, IL	0.17	Single-Family Home	$96,500	02/04/26	2	1.5	1,400
116 N High St, Lanark, IL	0.10	Single-Family Home	$61,000	02/17/26	3	2	1,694
326 S School St, Lanark, IL	0.12	Single-Family Home	$149,350	02/27/26	4	2	3,084
122 N Rochester St, Lanark, IL	0.18	Single-Family Home	$77,500	11/26/25	3	1	1,288
208 S Broad St, Lanark, IL	0.29	Single-Family Home	$143,000	10/08/25	4	2	1,692
205 E Pearl St, Lanark, IL	0.22	Single-Family Home	$150,000	02/17/26	4	2	2,774
310 E Pearl St, Lanark, IL	0.19	Single-Family Home	$114,500	11/14/25	2	1.5	1,912
515 Hill St, Lanark, IL	0.61	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
326 S School St, Lanark, IL 61046	0.12	$149,350	4	2	3,084	Recently Sold
N, Lanark, IL 61046	0.10	$61,000	3	2	1,694	Recently Sold
406 E Pearl St, Lanark, IL 61046	0.16	$164,000	3	2.5	1,894	Off Market
410 E Carroll St, Lanark, IL 61046	0.11	$96,700	2	1	1,192	Off Market
303 E Pearl St, Lanark, IL 61046	0.17	$96,500	2	1.5	1,400	Recently Sold
328 E Carroll St, Lanark, IL 61046	0.13	$81,500	3	2	1,632	Recently Sold
322 E Carroll St, Lanark, IL 61046	0.14	$114,900	4	2	1,400	For Sale
215 E Prairie St, Lanark, IL 61046	0.18	$88,200	3	1	1,432	Off Market
310 E Pearl St, Lanark, IL 61046	0.19	$114,500	2	1.5	1,912	Recently Sold
628 E Locust St, Lanark, IL 61046	0.13	$117,000	3	2	1,530	Recently Sold
630 E Franklin St, Lanark, IL 61046	0.14	$225,500	3	2	2,568	Off Market
627 & 629 Franklin St, Lanark, IL 61046	0.13	$161,400	3	1.5	2,106	Off Market

Local Information

Map ViewExplore the area around 507 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

1900

Lot Size

0.25 acres

Living Area

1,432 sqft

Price/Sqft

$50

Parking

Garage

About this House

Spacious home with main floor laundry. 3 BRs, 2 Baths and a 1 Car Garage, with a nice size side yard. Note: Seller is unaware of the property condition, she has not been in the home for a long time, so the property is being sold AS-IS

507 E Franklin St, Lanark, IL 61046 is a 3 bedroom, 2 bathroom, 1,432 sqft single-family home built in 1900. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $71,100, with a rent estimate of $1,275/month.

Home Details for 507 E Franklin St

Interior Features
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility Stories: 2
Interior Details Number of Rooms: 6Types of Rooms: Bonus Room

Exterior Features
Exterior Home Features Roof: AsphaltDeckExterior: VinylFoundation Type: SlabPorch
Parking & Garage GarageParking Space: 1Parking: Garage Detached

Property Information
Year Built Year Built: 1900
Property Type / Style Property Type: Single Family HomeArchitecture: Contemporary

Lot Information
Lot Area: 10890 sqft

Price and Tax history

Date	Event	Price
Jan 14, 2021 Source: RANWIL	ListingRemoved
Jul 28, 2020 Source: Agent Provided	PriceChange	$29,900 Price increased by 20%
Jul 23, 2020 Source: Agent Provided	Listed For Sale	$24,900
Dec 27, 2018 Source: Agent Provided	ListingRemoved	$41,900
Oct 12, 2017 Source: Agent Provided	PriceChange	$41,900 Price decreased by 9%
Jun 28, 2017 Source: Agent Provided	Listed For Sale	$45,900

Year	Property tax	Tax assessment
2025	$1,298	$73,743

Additional Cost

Market trends in Lanark

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

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Price per sq ft

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Available listings

3MoM

Around this home

Eastland Middle School
PK-6
Public
426 Students
Eastland Community Unit School District 308
6/10
GreatSchools Rating
Parent Rating Average
No reviews available for this school.

View nearby schools on GreatSchools

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 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
Resident
1y ago
"Many fun events during the summer with bands and food lake wide garage sale bingo and much more. "
0
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Trulia User
Resident
2y ago
"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
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Laura M.
Resident
5y ago
"There is Carroll county transit if you don’t drive I drive and it takes 45 minutes on county roads "
0
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Laura M.
Resident
5y ago
"Small town with local grocery 7 miles from entrance of Lake Carroll work is 25 miles from home and takes 45 minutes"
1
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Debbie L.
Resident
7y ago
"great town to live in and raise kids.great schools. great firefighters and police emts just an all around great place to live"
0
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Korinafreidag
Prev. Resident
8y ago
"Great area for dog owners. Safe streets to take your dog for walks or runs. Dogs are welcome to run outside."
1
Flag
Adrake6791
Resident
8y ago
"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
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Adrake6791
Resident
8y ago
"Community with a 640 acre lake for boating, etc. 18 hole golf course, ski hill, ATV trail. Beautiful scenery year around."
0
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Adrake6791
Resident
8y ago
"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.
13y ago
"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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Frequently asked questions about 507 E Franklin St

What is 507 E Franklin St estimated to be worth?
Trulia's estimated value for 507 E Franklin St in Lanark, IL is $71,100.
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.
What are the closest schools to 507 E Franklin St?
The closest schools to 507 E Franklin St in Lanark, IL are Eastland High School (Middle, rated 7/10), Eastland Middle School (Pre-K/Elementary, rated 6/10).
Does 507 E Franklin St have air conditioning?
Yes, 507 E Franklin St in Lanark, IL has air conditioning.
How big is the lot at 507 E Franklin St?
The lot at 507 E Franklin St in Lanark, IL is about 0.25 acres (10,890 sq ft).