$473,000

15540 Frances Ln Orland Park, IL 60462

$5,617
Closing credit¹
4 beds
3 full
2,166 sqft
$218 / sqft
House

Property details

About 15540 Frances Ln

Welcome to 15540 Frances Ln in the beautiful city of Orland Park, IL. This charming single-family home was built in 1985, situated on a spacious lot size of 10,720 sq.ft. With a total finished area of 2,166 sq.ft., this two-story home, with a partially finished basement (540 sq.ft) offers ample space for comfortable living. Upon entering the home, you are greeted with a warm and inviting atmosphere. The main floor features a spacious living room, perfect for entertaining guests or relaxing with family. The kitchen is equipped with modern appliances and plenty of cabinet space for storage. Adjacent to the kitchen is the dining area, ideal for enjoying meals together. In addition, there is a fourth bedroom, currently utilized as an office, next to a guest bathroom. The second floor of the home boasts three bedrooms and two bathrooms. The master bedroom is a peaceful retreat, complete with an ensuite bathroom for added convenience. The additional bedrooms are perfect for guests or children. Outside, the expansive backyard and cement deck provide plenty of room for outdoor activities and gatherings. The lush greenery and landscaping create a serene oasis for relaxation and enjoyment. The attached garage offers parking space for vehicles and additional storage. Located in the desirable city of Orland Park, this home is surrounded by parks, schools, shopping, dining, and entertainment options. Residents can enjoy the convenience of nearby amenities while still being able to retreat to their peaceful abode. Other Highlights: Roof replaced in 2024, siding replaced in 2024, air conditioner replaced in 2024, kitchen remodeled in 2021. Windows replaced in 2021. Outdoor sprinkler system. In summary, 15540 Frances Ln is a well-maintained and spacious single-family home that offers comfort, convenience, and tranquility. With its prime location, ample living space, and charming features, this property is the perfect place to call home. Don't miss out on the opportunity to make this house your own and experience all that Orland Park has to offer.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air, Electric
Size2,166 sqft
BasementYes
Year built1985
ParkingGarage Door Opener, Garage, On Site, Attached, Off Street, Driveway
MLS #12363126
Garage2 spaces

Summary

  • Full Bathrooms: 3
  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: Yes
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Parking: Garage Door Opener, Garage, On Site, Attached, Off Street, Driveway
  • Architectural Style: Traditional, Prairie, Ranch
  • Heating: Natural Gas
  • Cooling: Central Air, Electric
  • List Price: $473,000
  • Price/SqFt: $218
  • Annual Tax Amount: $7,230
  • Tax Year: 2022
  • Directions: 159th St, turn north onto Orlan Brook Dr 0.5 mi, turn left onto Wheeler Dr, turn left onto Merion Dr, turn left onto Frances Ln. Destination will be on the right.
  • Year Built: 1985
  • Living Area: 2,166 SqFt
  • MLS Number: 12363126
  • MLS Name: MRED
  • Office Name: Realty One Group Inc.
  • Office Phone: (773) 427-9200
  • Listing Agent: Jorge Romero

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15540 Frances Ln, Orland Park, IL 60462 - traditional-style house featuring a garage, concrete driveway, brick siding, and roof with shingles

$473,000

15540 Frances Ln

$5,617

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 15, 2000
Home Sold
$227,500

Tax history

YearAssessmentProperty Tax
2022$27,556$7,230
2021$27,556$7,008
2020$27,556$6,809
2019$27,472$6,599
2018$27,472$6,416
2017$27,472$6,287

History based on county public records data.

Nearby schools

7

Liberty School

Public District 3-5

0.4 mi

8801 W 151st St

8

Fernway Park Elementary School

Public District PK-5

1.4 mi

16600 S 88th Ave

8

High Point School

Public District 3-5

1.5 mi

14825 West Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $86,157. The most common annual income of people living in Orland Park, IL is between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

8%
<35k
58%
35k-100k
30%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
5%
Single, with Kids
37%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
48%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • LincolnLincoln

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Orland Park, IL

Orland Park's transport infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting and regional travel. Public transportation services are available, providing connectivity within the community and to neighboring areas. The town also features areas with enhanced walkability and bikeability, promoting an active lifestyle among residents. Recent efforts to improve transport efficiency and accessibility are evident in the community's planning initiatives.

The community is served by a robust educational system, including several public and private schools that offer a variety of educational opportunities. Healthcare services are comprehensive, with facilities providing a range of care from primary to specialized treatments. Retail and dining options are plentiful, reflecting the local culture and providing residents with a variety of choices. The public library network supports lifelong learning and community activities.

Orland Park is celebrated for its family-friendly atmosphere and community-oriented lifestyle. The area prides itself on a blend of suburban tranquility and vibrant local events that showcase the town's cultural identity and values. With well-maintained parks and recreational facilities, residents enjoy a quality of life that balances leisure and community engagement.

Orland Park offers a diverse array of housing options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from classic mid-century to contemporary designs. The housing market is primarily composed of these single-family residences, complemented by a selection of condominiums and townhouses that cater to a range of preferences and needs. The area features a homeownership rate that underscores a strong sense of community investment.

About 15540 Frances Ln

The listing price of 15540 Frances Ln property is $473,000.

The property 15540 Frances Ln is a house located in Orland Park, Illinois, 60462.

Accepting Backup Offers: 15540 Frances Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 15540 Frances Ln are: Liberty School (GreatSchools Rating 7/10), Fernway Park Elementary School (GreatSchools Rating 8/10), High Point School (GreatSchools Rating 8/10), Jerling Junior High School (GreatSchools Rating 6/10), Orland Junior High School (GreatSchools Rating 6/10), Virgil I Grissom Middle School (GreatSchools Rating 7/10), Victor J. Andrew High School (GreatSchools Rating 7/10), Carl Sandburg High School (GreatSchools Rating 8/10), Oak Forest High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2022 is $7,230 (source: MLS/based on county public records data).

The last sale was on June 15, 2000 for $227,500 (source: MLS/tax record).

The property at 15540 Frances Ln has 4 bedrooms and 3 bathrooms.

The property 15540 Frances Ln is 2,166 SqFt (source: MLS/tax record).

The year of construction for 15540 Frances Ln is 1985.

This home is located at 15540 Frances Ln in Orland Park, IL and zip code 60462. This 2,166 square foot home was built in 1985. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $473,000.

In May 2025, from all listings sold in Orland Park, IL there were more than 29 sold above asking price, over 52 sold below and more than 12 were sold right at the asked price. The inventory of homes for sale in Orland Park, IL between April and May 2025 increased by 14.5%. Listings spent 21 days on the market in May 2025, and had a median list price of $365,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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