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Single Family ResidenceResidential
$112,461$79 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 69How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $53,000 on May 29, 1998

507 E FRANKLIN ST

LANARK, IL 61046
3
Beds
1.5
Baths
1,432 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.26 ac
Lot SizeThe size of the land the home sits on, from county records.
1900
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$112K
$77K low$147K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$53,000 · May 29, 1998

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,298 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$24,581 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$5,049
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$19,532
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$22,024
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$73,751

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.32
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
0
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
67
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
65
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
31
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Contemporary
CountyCARROLL
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1936
Lot (acres)The size of the land the home sits on, from county records.0.26
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 96 ft²Porch · 120 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Eastland Jr/Sr High SchoolA-
Middle · Grades 7–12 · 0.3 mi
E
Eastland Elementary SchoolA
Elementary · Grades PK–6 · 5.6 mi

District: Eastland Community Unit School District 308

Neighborhood · ZIP 61046These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.128
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.81
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.31

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.76%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.3,341
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.36 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,409
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$93,349
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.52%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

507 E Franklin St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 87% of homes in Lanark 61046
  • Costs less per square foot than 82% of homes in Lanark 61046
  • Smaller than 69% of homes in Lanark 61046
  • Has a smaller lot than 81% of homes in Lanark 61046
  • Older than 86% of homes in Lanark 61046

What homes are worth in Lanark 61046

Each bar is how many homes fall in that price range. The marker is this home.

This home
$70K$1.5M

This home is worth more than 13% of homes in Lanark 61046.

How it measures up in Lanark 61046

The dot is this home. The mark in the middle is the typical home in Lanark 61046.

Estimated value$112,461
CheaperTypical $338,878Pricier

Pricier than 13% of homes nearby

Price per ft²$79
CheaperTypical $209Pricier

Pricier than 18% of homes nearby

Living area1,432 ft²
SmallerTypical 1,692 ft²Bigger

Bigger than 31% of homes nearby

Lot size0.26 ac
SmallerTypical 0.77 acBigger

Bigger than 19% of homes nearby

Year built1900
OlderTypical 1990Newer

Newer than 14% of homes nearby

How 507 E Franklin St ranks against every home in each area.
MeasureThis homeLanark 61046Carroll County
Estimated valuepricier than$112,46113% of homes30% of homes
Price per ft²pricier than$7918% of homes30% of homes
Living areabigger than1,432 ft²31% of homes43% of homes
Lot sizebigger than0.26 ac19% of homes31% of homes
Year builtnewer than190014% of homes21% of homes

About 507 E Franklin St

How much is 507 E Franklin St, Lanark, IL worth?

The TopHap Estimate for 507 E Franklin St, Lanark, IL is $112,461 as of Oct 21, 2026. The likely range is $77,488 to $147,434. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 507 E Franklin St, Lanark, IL last sell?

507 E Franklin St, Lanark, IL last sold on May 29, 1998 for $53,000, according to the county's recorded deed.

How big is 507 E Franklin St, Lanark, IL?

507 E Franklin St, Lanark, IL has 3 bedrooms, 1.5 bathrooms, 1,432 square feet of living space and a 0.26-acre lot.

When was 507 E Franklin St, Lanark, IL built?

507 E Franklin St, Lanark, IL was built in 1900, making it 126 years old. It is a contemporary home. The building has 2 stories.

What schools serve 507 E Franklin St, Lanark, IL?

507 E Franklin St, Lanark, IL is assigned to Eastland Jr/Sr High School (middle), rated A-; Eastland Elementary School (elementary), rated A. All sit in Eastland Community Unit School District 308. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 507 E Franklin St, Lanark, IL compare to other homes in Lanark 61046?

Among the 1,976 homes in Lanark 61046, it is worth more than 13% of them ($112,461 against a typical $338,878), its price per square foot is higher than 18% of them ($79 against a typical $209), it is bigger than 31% of them (1,432 ft² against a typical 1,692 ft²), its lot is bigger than 19% of them (0.26 ac against a typical 0.77 ac) and it is newer than 14% of them (1900 against a typical 1990). Measured against all of Carroll County, it is worth more than 30% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 507 E Franklin St, Lanark, IL?

The 2025 property tax bill for 507 E Franklin St, Lanark, IL was $1,298. The county assessed it at $24,581.

More homes on E Franklin St

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