Frankfort, Illinois: Your Guide to Real Estate and Vibrant Living
A Premier Suburban Destination
Nestled 34 miles southwest of Chicago in Will County, with a small portion in Cook County, Frankfort, Illinois, is a thriving village of 20,907 residents (2020 census). Known as the “Jewel of the South Suburbs,” Frankfort blends small-town charm with modern amenities, making it a top choice for families, professionals, and investors. Its German heritage, dating back to 1855 and celebrated through events like the German Heritage Celebration, adds a unique cultural flavor. With a median household income of $153,714 and a per capita income of $59,421, Frankfort is an affluent community with a suburban-rural feel, perfect for those seeking space and opportunity.
The Frankfort Real Estate Market
Frankfort’s real estate market is robust and diverse, catering to a range of buyers from first-timers to luxury seekers. As of March 2025, the median home list price was $627,000, with a median sold price of $485,000, up 7.2% from last year, and a median price per square foot of $194. The market saw 103 homes for sale, a 10.8% inventory increase from February 2025, with homes averaging 33 days on the market. Listings range from $60,000 for land lots to $3,995,000 for expansive estates, offering options like starter homes in Frankfort Square, luxurious properties in Silo Ridge, or new constructions in Lakeview Estates.
The market remains a seller’s market, with prices trending higher and homes selling faster than the national average of 45 days. Neighborhoods like Lighthouse Pointe and Crystal Tree offer modern amenities, while Frankfort Estates provides a country feel near Lincoln-Way East High School. Commercial properties and multi-family units are also available, appealing to investors eyeing Frankfort’s growth. Excellent connectivity via I-57, I-80, I-294, and Metra’s Rock Island District line (Mokena Station, 5 miles away) enhances property values, making Frankfort ideal for commuters.
Education: Top-Tier Schools for Families
Frankfort boasts highly regarded schools, a key draw for families. Summit Hill School District 161 serves elementary students at schools like Frankfort Square Elementary (A-minus Niche grade), while Lincoln-Way Community High School District 210, including Lincoln-Way East High School, earns top marks for college readiness. With 37% of adults holding bachelor’s degrees, the village fosters an academic environment conducive to success. Private options and nearby Joliet Junior College provide additional educational opportunities, making Frankfort a hub for learning.
Parks and Recreation: Nature and Community
Frankfort is a paradise for outdoor lovers, with the 21-mile Old Plank Road Trail winding through its historic downtown, perfect for biking, running, or leisurely walks amid oak woods and prairie grass. Prairie Park’s 13 acres feature native prairie, natural plants, and a fishing pond, while Hickory Creek Preserve offers diverse habitats for hiking and wildlife viewing. The Frankfort Park District manages sports fields, playgrounds, and programs for all ages. The Frankfort Country Club, with its golf course, adds a recreational gem to neighborhoods like Lincoln Meadows.
Things to Do: A Vibrant Community Calendar
Frankfort’s historic downtown, with its 1890s-style square, is a hub for unique boutiques, quality restaurants, and a children’s museum. Annual events like the Summer Concert Series, Art & Wine Fest, and German Heritage Celebration at the Founder’s Center (140 Oak Street) bring residents together with music, art, and cultural performances. The Frankfort Fall Festival, one of the region’s largest, draws crowds with crafts, food, and entertainment. Year-round, residents enjoy low crime rates, community fairs, and proximity to Chicago’s museums and dining, just 40 miles away.
How Daniel Ellington Can Help
Navigating Frankfort’s competitive real estate market is effortless with Daniel Ellington of Ellington Elite Realty. A seasoned expert in Chicago’s south suburbs, Daniel specializes in matching clients with their ideal properties, from cozy townhomes in Frankfort Square to luxury estates in Abbey Woods. His deep knowledge of neighborhoods like Prestwick and Grand Haven ensures buyers find homes that fit their lifestyle and budget. For sellers, Daniel’s negotiation skills maximize value, while investors benefit from his insights into Frankfort’s growth potential. Clients praise his dedication, with one noting, “Daniel made everything seamless… genuinely invested in helping his clients find the perfect home.” Contact Ellington Elite Realty to explore listings, schedule tours, or invest in Frankfort’s thriving market.
Why Frankfort?
Frankfort’s blend of top-tier schools, abundant parks, vibrant events, and a booming real estate market makes it a standout choice. Ranked among Illinois’ safest and fastest-growing suburbs, it offers a low crime rate, strong community spirit, and a diverse housing stock. Whether you’re raising a family, starting a career, or investing, Frankfort delivers. Visit frankfortil.org for community updates or connect with Daniel Ellington at Ellington Elite Realty to find your dream home. Frankfort is more than a suburb—it’s a place to grow and thrive.
