Frankfort, IL Real Estate

Median Income $87,713

Median Age 35.55

Population 31,007

	Median Temperature
	January	HI 29°	LO 14°	July	HI 83°	LO 64°

	School Test Scores
	Elementary: Bentley Nelson Ridge Oster - Oakview Spencer Crossing Anna Mcdonald Chelsea Connor Shaw Center Mokena Intermediate Arbury Hills Dr Julian Rogus Frankfort Square Green Garden Indian Trail Peotone Wilton Center Arnold J Tyler Haines Mokena Nelson Prairie Spencer Pointe Grand Prairie Wilson Creek Cherry Hill Kindergarten Spencer Trail Kindergarten Center		Middle: Alex M Martino High Hickory Creek Liberty High Manhattan High Mokena High Peotone High Summit Hill High		High: Lincoln Way Central Campus Lincoln Way East Peotone
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A community that's located in both Will and Cook Counties 29 miles south of Chicago's Loop, the village of Frankfort has been designated one of the fastest-growing communities in the region, according to the Northeastern Illinois Planning Commission. In 1990, the town had 7,180 residents according to U.S. Census figures; by 2000, the population had increased to 10,391.

One local landmark is the Grainery, which was built in Frankfort in 1856. The concrete elevator on the site stands 132 feet, and the structure, along with its prominent American flag, can be seen for miles around. The village was first known as Frankfort Station after the opening of the Joliet and Northern Indiana Railroad in the town in 1855. The area was incorporated as a village in 1879, and thereafter, it was known simply as "Frankfort."

Today, Frankfort is known as the "Jewel of the South Suburbs," and in fact, was awarded the Southland's Reader's Choice Award for "Best Community" in 2003. It boasts excellent shopping opportunities, distinctive housing, good schools, and an historic downtown district that attracts visitors from throughout the Chicago area. Frankfort's historic district in downtown Frankfort features old-fashioned streetscapes and streetlights, and is well-known for its assortment of specialty shops and restaurants.

Throughout the year, the area is home to various community events including the summer Sunday evening "Concerts on the Green," which take place on Breidert Green in the center of the historic district. Other downtown events include an ice sculpture demonstration, a Fine Arts Fair in June and the annual tree lighting festivities in December. Prairie Park, also located in downtown Frankfort, features over 13 acres of open space lands, natural plants, a fishing pond, a playground, and a 35-foot pavilion. The village of Frankfort hosts its "Get Hooked on Frankfort" fishing Derby for youngsters in the park each year. The town also sponsors its annual "Frankfort Fall Festival," which features carnival rides, arts and crafts displays, a parade, food booths, and entertainment. A summer farmer's market is another popular annual attraction in the village. The Old Plank Road Trail was completed in 1997; this 20-mile scenic bike, walk and hiking trail offers access to Frankfort's historic downtown district, the Frankfort Public Library, and other locations within the community. Also completed in 1997 was a 28,000-square-foot recreational facility, Founder's Center.

Located in downtown Frankfort, the complex features a gym, dance studio, basketball and volleyball courts, arts and crafts rooms, and other amenities. The village has a variety of golf courses including the Prestwick County Club and the Green Garden County Club, and the Frankfort Square Park District oversees numerous recreational activities and facilities including a splash park and a dog park for residents' use.

In terms of housing, in August, 2006, a newly-constructed, four-bedroom, seven-bath single-family home was listed at $725,000; a four-bedroom, three-bath single-family residence was selling for $447,900; and a three-bedroom, one-bath single-family home was listed for $325,000. A wide variety of townhomes and condominiums is also available.

Search for Frankfort homes for sale, Frankfort real estate agents, or recent Frankfort home sales using ZipRealty's real estate tools. Get complete access to all available homes for sale on the MLS in Frankfort and the surrounding areas. ZipRealty lowers the cost of buying or selling a home in Frankfort by giving home buyers 20% of our commission and saving home sellers up to 25% in selling commissions. With experienced, local Frankfort real estate agents who know the area, ZipRealty can help anyone find the home of their dreams.

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