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CondominiumResidential
$325,089
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 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $295,000 on Jan 5, 2023

7240 FRANKLIN ST

FOREST PARK, IL 60130
Building report
2
Beds
2
Baths
0.22 ac
Lot SizeThe size of the land the home sits on, from county records.
1993
Year BuiltThe year the home was originally built, according to county records.

Valuation

$325K
$296K low$354K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$295,000 · Jan 5, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,365 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$31,168 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$765
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$30,403
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$31,168
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$311,680

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.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
69
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
67
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyCOOK
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.1995
Lot (acres)The size of the land the home sits on, from county records.0.22
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Garfield Elementary School
Elementary · Grades PK–2 · 0.6 mi
M
Forest Park Middle SchoolC
Middle · Grades 6–8 · 1.1 mi
H
Proviso East High SchoolF
High · Grades 9–12 · 1.4 mi

District: Proviso Township High School District 209

Neighborhood · ZIP 60130These 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.129
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.130
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.45

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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.13,613
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,924 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$77,154
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$108,774
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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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

7240 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.

  • Has a bigger lot than 66% of homes in Cook County
  • Newer than 89% of homes in Forest Park 60130

What homes are worth in Forest Park 60130

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

This home
$109K$640K

This home is worth more than 60% of homes in Forest Park 60130.

How it measures up in Forest Park 60130

The dot is this home. The mark in the middle is the typical home in Forest Park 60130.

Estimated value$325,089
CheaperTypical $281,733Pricier

Pricier than 60% of homes nearby

Lot size0.22 ac
SmallerTypical 0.15 acBigger

Bigger than 64% of homes nearby

Year built1993
OlderTypical 1957Newer

Newer than 89% of homes nearby

How 7240 Franklin St ranks against every home in each area.
MeasureThis homeForest Park 60130Cook County
Estimated valuepricier than$325,08960% of homes47% of homes
Lot sizebigger than0.22 ac64% of homes66% of homes
Year builtnewer than199389% of homes84% of homes

About 7240 Franklin St

How much is 7240 Franklin St, Forest Park, IL worth?

The TopHap Estimate for 7240 Franklin St, Forest Park, IL is $325,089 as of Sep 24, 2026. The likely range is $295,688 to $354,490. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7240 Franklin St, Forest Park, IL last sell?

7240 Franklin St, Forest Park, IL last sold on Jan 5, 2023 for $295,000, according to the county's recorded deed. TopHap holds 5 recorded sales for this parcel.

How big is 7240 Franklin St, Forest Park, IL?

7240 Franklin St, Forest Park, IL has 2 bedrooms, 2 bathrooms and a 0.22-acre lot.

When was 7240 Franklin St, Forest Park, IL built?

7240 Franklin St, Forest Park, IL was built in 1993, making it 33 years old. It is a condo/apartment home.

What schools serve 7240 Franklin St, Forest Park, IL?

7240 Franklin St, Forest Park, IL is assigned to Garfield Elementary School (elementary); Forest Park Middle School (middle), rated C; Proviso East High School (high), rated F. All sit in Proviso Township High School District 209. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7240 Franklin St, Forest Park, IL compare to other homes in Forest Park 60130?

Among the 4,979 homes in Forest Park 60130, it is worth more than 60% of them ($325,089 against a typical $281,733), its lot is bigger than 64% of them (0.22 ac against a typical 0.15 ac) and it is newer than 89% of them (1993 against a typical 1957). Measured against all of Cook County, it is worth more than 47% 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 7240 Franklin St, Forest Park, IL?

The 2023 property tax bill for 7240 Franklin St, Forest Park, IL was $8,365. The county assessed it at $31,168.

More homes on Franklin St

Closest homes

More homes in Forest Park 60130

Assigned schools

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