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2901 Elder Lane Franklin Park, IL 60131 Residential - Single Family Contingent

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Description

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 Highlights

Property Type: Residential - Single Family
Total Living Area SF: 5,514
Garage Size: 3
Attached Garage
Built in 1971
School District: District 212
Sauna
Brick Exterior
One Fireplace

General Information

Bedrooms: 5
Bathrooms: 6
Sqft: 5,514
County: Cook
Listed By:
Caporale Realty Group 708-456-1919
MRED MLS

Room Information

Bedroom 5: 12X14
Breakfast Room: 09X13
Mud Room: 13X08
Recreation Room: 14X38
Office: 11X15
Bar/Entertainment: 10X26
Game Room: 13X26
Attic: 19X20
Storage: 18X12
Bedroom 2: 12X11
Bedroom 3: 12X13
Bedroom 4: 15X11
Dining Room: 14X13
Family Room: 15X23
Kitchen: 13X16
Laundry: 8X04
Living Room: 14X24
Primary Bedroom: 17X14
$899,900
Est. $6,005/mo
5beds
6baths
5,514sqft
3cars
Contingent
BEDS5 BATHS5 full 1 partial SQUARE FEET5,514 MLS#12679692
STATUSContingent PROPERTY TYPEResidential - Single Family SCHOOLDistrict 212

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2901 Elder Lane, Franklin Park, IL 60131.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $899,900$899,900$899,900
Down Payment $179,980$31,497$224,975
Monthly Mortgage Amount $4,491$5,440$5,605
Taxes $1252$1252$1252
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$540$0
Monthly Estimated Total $6,005$7,494$7,119

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