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22991 Lancaster Ct, Frankfort, IL, 60423

4beds
3baths
3,500sqft
$704,000
$201price/sqft
$5,327/moest. monthly cost
$213,080/yrincome needed

About This Home

Experience over 3,500 square feet of beautifully upgraded living space, thoughtfully designed with both elegance and functionality in mind. The main level welcomes you with impressive 9-foot ceilings, a grand foyer, formal living and dining rooms, and a stunning two-story family room filled with natural light. The gourmet kitchen is a chef's dream, featuring premium stainless steel appliances, custom cabinetry, quartz countertops, a spacious center island, and a generous walk-in pantry. Flowing seamlessly into the family room, this inviting space showcases a beautiful fireplace and expansive windows overlooking the backyard. A private home office, convenient first-floor laundry room, and mudroom complete the main level. Retreat to the luxurious primary suite, where a designer tray ceiling, a spacious walk-in closet complete with a custom closet organization system, and a spa-inspired en-suite bath create the perfect private retreat. The elegant bath features dual vanities and an impressive oversized walk-in shower designed for ultimate comfort. The full, deep lookout basement offers endless possibilities for future living space, recreation, or storage. Situated on the second-largest lot in the subdivision, the outdoor space is equally impressive. Enjoy the expansive maintenance-free deck overlooking professionally landscaped grounds enhanced with elegant landscape uplighting, creating a beautiful setting for both relaxing evenings and outdoor entertaining. Located on a quiet cul-de-sac within the highly sought-after Frankfort school district and just minutes from premier shopping, dining, parks, and entertainment, this exceptional home offers the perfect blend of luxury, comfort, and convenience.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
10/10
8/10

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Microwave,Dishwasher,Refrigerator,Disposal,Stainless Steel Appliance(s)
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Unfinished,Bath/Stubbed,Partial Exposure,9 ft + pour,Full,Daylight

Bedroom2

  • Features: Flooring (Carpet)
  • Level: Second
  • Area: 156
  • Dimensions: 12X13

Bedroom3

  • Features: Flooring (Carpet)
  • Level: Second
  • Area: 156
  • Dimensions: 12X13

Bedroom4

  • Features: Flooring (Carpet)
  • Level: Second
  • Area: 132
  • Dimensions: 11X12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring (Vinyl)
  • Level: Main
  • Area: 143
  • Dimensions: 13X11

Family Room

  • Features: Flooring (Vinyl)
  • Level: Main
  • Area: 288
  • Dimensions: 18X16

Features

  • Walk-In Closet(s),High Ceilings
  • Number of fireplaces: 1
  • Fireplace features: Heatilator,Family Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Sep Heating Systems - 2+
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 3,500 sqft

Kitchen

  • Features: Kitchen (Eating Area-Table Space,Island,Pantry-Walk-in),Flooring (Vinyl)
  • Level: Main
  • Area: 400
  • Dimensions: 25X16

Laundry

  • Features: Flooring (Vinyl)
  • Level: Main
  • Area: 56
  • Dimensions: 7X8

Living Room

  • Features: Flooring (Vinyl)
  • Level: Main
  • Area: 143
  • Dimensions: 13X11

Master Bedroom

  • Features: Flooring (Carpet),Bathroom (Full)
  • Level: Second
  • Area: 304
  • Dimensions: 19X16

Mud Room

  • Features: Flooring (Vinyl)
  • Level: Main
  • Area: 40
  • Dimensions: 5X8

Pantry

  • Features: Flooring (Vinyl)
  • Level: Main
  • Area: 42
  • Dimensions: 6X7

Study

  • Features: Flooring (Vinyl)
  • Level: Main
  • Area: 132
  • Dimensions: 11X12

Walk In Closet

  • Features: Flooring (Carpet)
  • Level: Second
  • Area: 112
  • Dimensions: 14X8

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 1909364020700000
  • Special condition: None
  • Other equipment: Water-Softener Owned,Sump Pump

Features

  • Stories: 2
  • Patio & porch: Deck,Patio

Lot

  • Lot size: 0.41 Acres
  • Features: Cul-De-Sac
  • Lot size dimensions: 82X175X156X157

Parking

  • Total spaces: 3
  • Parking features: Concrete,Garage Door Opener,Yes,Garage Owned,Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding
Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,559$42,708
Home Insurance *$267$3,204
Property Taxes $1,232$14,784
Electricity $269$3,230
Total$5,327$63,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$182,640/yr
40% on housing$159,810/yr
45% on housing$142,053/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.5%
12.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 60423$220
Will County$189

vs Homes Sold Last Month

Median $/sqft

ZIP 60423$208
Will County$193

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$699,000
2026-07-31Price change$704,000
2026-07-17Listed for sale$709,000
2023-03-14Sold$637,000
2023-01-12Contingent$637,000
2022-08-25Price change$637,000
2022-08-17Listed for sale$630,000

For Sale by Agent

AgentDaphne Pinkney
BrokeragePinkney Realty Group

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