$899,900

2901 Elder Lane, Franklin Park, IL 60131

Active Under Contract
5 beds 5.5 baths 5,514 sqft (assessor) Built 1971 Residential MLS #MRD12679692 8 days on market
Listing courtesy of Caporale Realty Group · 708-456-1919 · MLS #MRD12679692 · Status: Active Under Contract
Offered for the first time since it was custom built in 1971, this extraordinary Franklin Park estate presents a rare opportunity to own one of the area's most distinctive residences. Situated on a prominent corner lot with nearly 6,000 square feet of living space, this meticulously crafted home was designed for grand-scale living and entertaining. Featuring 5 spacious bedrooms and 5.1 bathrooms, the home offers a brilliant floorplan and impressive blend of timeless craftsmanship, generous room sizes, and architectural character rarely found in today's market. The dramatic entry foyer welcomes guests into a residence built without compromise, while multiple living and gathering spaces provide exceptional flexibility for both everyday living and special occasions. The resort-style indoor swimming pool and sauna create a private year-round retreat unlike anything else! Outdoors, the beautifully fenced landscaped park-like grounds feature mature trees, a serene courtyard, and expansive outdoor spaces that offer privacy and tranquility. Whether you're seeking a multigenerational home, an entertainer's dream, or simply a truly unique property with unmatched presence, this landmark residence delivers. A rare opportunity to acquire a custom-built estate that has remained in the hands of its original owner for over five decades. In today's market, the cost to acquire the land, materials, and custom construction necessary to recreate a home of this caliber would far exceed the asking price, making this an exceptional value and a truly irreplaceable offering. Preapproval required prior to showing. Home is in excellent condition but being conveyed as-is.

Property details

Interior

Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Range Hood, Oven
Interior features
Sauna, Wet Bar
Fireplaces
1
Fireplace details
Wood Burning
Basement
Finished, Full
Laundry
Multiple Locations
Additional rooms
Attic, Bedroom 5, Breakfast Room, Foyer, Game Room, Mud Room, Office, Recreation Room, Storage, Heated Sun Room, Utility Room-Lower Level, Other Room
Total rooms
15

Building & exterior

Age
51-60 Years
Exterior
Brick
Roof
Asphalt

Parking

Garage spaces
2
Total spaces
2
Parking details
Concrete, Circular Driveway, Off Alley, Yes, Attached, Garage

Lot & location

Lot dimensions
17360
Lot description
Corner Lot, Landscaped
Township
Leyden
County
Cook

Utilities

Heating
Natural Gas
Cooling
Central Air
Water
Lake Michigan
Sewer
Public Sewer
Electricity
Circuit Breakers, 200+ Amp Service

HOA & community

Assessment includes
None

Schools

Elementary
(84)
Junior high
(84)
High school
(212)

Taxes & terms

Annual taxes
$15,151 (2024)
Parcel number (PIN)
12282200220000
PIN
12282200220000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
6/16/2026

Rooms

RoomSizeLevelFlooring
Bedroom 512X14SecondCarpet
Breakfast Room09X13MainLaminate
Mud Room13X08Main
Recreation Room14X38Basement
Utility Room-Lower Level15X11Basement
Office11X15BasementCarpet
Bar/Entertainment10X26BasementVinyl
Game Room13X26BasementCarpet
Attic19X20Second
Storage18X12Second
Bedroom 212X11SecondCarpet
Bedroom 312X13SecondCarpet
Bedroom 415X11SecondCarpet
Dining Room14X13MainCarpet
Family Room15X23MainCarpet
Kitchen13X16MainLaminate
Laundry8X04Second
Living Room14X24MainCarpet
Master Bedroom17X14SecondCarpet

What would this home cost per month?

Using this listing's actual tax bill (2024) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

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