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22734 S Ravisloe Ln, Frankfort, IL, 60423

2beds
2baths
--sqft
$119,900
--price/sqft
$990/moest. monthly cost
$39,600/yrincome needed

About This Home

IT DOES NOT GET MORE MOVE-IN READY THAN THIS! Welcome to this recently remodeled home in the Gateway community. This spacious 2-bedroom, 2-bath model is one of the largest in the neighborhood, offering an exceptional amount of living space and functionality. The home has been thoughtfully updated with all new LVP flooring in the kitchen and dining room and new carpet throughout, fresh paint, and updated brushed nickel fixtures in kitchen, breakfast room, and dining room. The completely remodeled kitchen features new appliances (refrigerator, stove/oven/dishwasher/lighted hood/disposal), an abundance of cabinet space, with room to cook, gather, and entertain with ease. In addition to the main living areas, you will find a versatile den and a separate breakfast room, and an enclosed porch with windows providing flexible space for everyday living. The primary suite offers a large walk-in closet and an expansive private bath. The gas fireplace has been inspected and approved as of October 2025 and the lawn has been professionally maintained since September of 2024, and the HVAC is only around 18mo old! Some windows will also be replaced before closing. With its generous layout, stylish updates, and prime location within a desirable 55+ community, this home is the perfect opportunity!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

10/10
8/10

Construction

Condition

  • Year built: 1992

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Appliances included: Range,Dishwasher,Refrigerator,Washer,Dryer
  • Laundry features: In Unit

Bedroom2

  • Features: Flooring (Carpet)
  • Area: 143
  • Dimensions: 11X13

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Area: 156
  • Dimensions: 12X13

Features

  • Flooring: Laminate,Carpet
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Kitchen

  • Features: Kitchen (Breakfast Room),Flooring (Laminate)
  • Area: 169
  • Dimensions: 13X13

Laundry

  • Area: 143
  • Dimensions: 11x13

Living Room

  • Features: Flooring (Carpet)
  • Area: 208
  • Dimensions: 16X13

Master Bedroom

  • Features: Flooring (Carpet),Bathroom (Full)
  • Area: 169
  • Dimensions: 13X13

Property

Accessibility

  • Accessibility features: Ramp - Main Level,Disability Access

Details

  • Special condition: None

Lot

  • Lot size: 1,456 sqft
  • Features: Corner Lot
  • Lot size dimensions: 28x52

Parking

  • Total spaces: 2
  • Parking features: Yes,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Inland Flooding
    Inland FloodingVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
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 $606$7,272
Home Insurance *$45$540
Property Taxes $209$2,508
Electricity $130$1,569
Total$990$11,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,942/yr
40% on housing$29,700/yr
45% on housing$26,400/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60423$223
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
2026-04-30Listed for sale$129,900

For Sale by Agent

AgentAmber Kallmann
BrokerageGoggin Real Estate LLC

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