




352 Franklin St, Jacksonville, IL, 62650
About This Home
Once a school building, this one-of-a-kind property offers incredible potential with both residential and commercial spaces under one roof. The main floor is currently zoned residential and features tenant-occupied units, while the lower level—complete with a full gymnasium, locker rooms, and commercial zoning—opens the door to countless opportunities for business or community use. Plenty of parking with the spacious lot. Inside, you’ll find a kitchen, bathrooms, and even an auditorium, adding to the versatility of this space. Appliances are negotiable, and the detailed floorplan will give you a clear view of the layout and possibilities. Whether you’re dreaming of a live-work setup, event space, or creative redevelopment, this property is ready for your vision!
Getting Around
Schools
Construction
Condition
- Year built: 1939
Materials
- Roof: Other
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Water Heater
- Laundry features: Common Area
Basement
- Basement: Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating & Cooling
- Heating features: Hot Water
- Cooling features: Central Air
Interior Area
- Total structure area: 28,844
- Total interior livable area: 28,844 sqft
Property
Details
- Parcel number: 0921311027
Lot
- Lot size: 4.22 Acres
- Features: Other,Extra Lot
- Lot size dimensions: 460 x 400
Parking
- Total spaces: 20
- Parking features: Oversized
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
- Heat Wave
- Strong Wind
- Earthquake
- Hail
- Inland Flooding
- Ice Storm
- Lightning
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,275 | $27,300 |
| Home Insurance * | $473 | $5,676 |
| Property Taxes | $637 | $7,644 |
| Electricity | $2,218 | $26,622 |
| Total | $5,603 | $67,236 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-20 | Price change | $450,000 |
| 2025-12-30 | Price change | $500,000 |
| 2025-09-12 | Listed for sale | $600,000 |
