3516 Elder Ln, Franklin Park, IL 60131 Property Records

Cook County property record for 3516 Elder Ln, Franklin Park, IL 60131

Property Summary

Property TypeSingle Family Home
Details2 bd · 1 ba · 500 sqft · built 1927
Lot Size0.071 acres (3,100 sqft)
Owner2 Individual Names on File
Last Sale$405,000 (Apr 2026)
Tax Bill$5,254 (2023)
Deeds & MortgagesApr 2026 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN12-21-401-038

Property Details

APN / Parcel Number

Primary APN12-21-401-038
Alternative APN
  • 12-21-401-038-0000

Interior

Bedrooms2 Beds
Full Baths1 Bath
Total Rooms4 Rooms
Stories1 Story
Building Area500 sqft Living Area
1st Floor Area500 sqft

Exterior

Year BuiltBuilt 1927
Effective Year BuiltEffective 1928
Exterior MaterialWood
Construction TypeFrame
Roof MaterialAsphalt
Lot Area3,100 sqft (0.071 acres)
Garage TypeDetached
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address3516 ELDER LN
CityFRANKLIN PARK
StateIL
Zip60131-1706
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal Range12E
Legal Township40N
Legal Section21
Legal SubdivisionTHIRD ADDITION TO FRANKLIN PARK
JurisdictionCOOK IL
Township / Civil DivisionLEYDEN
Census Block Group2
Census Block2013
Census Tract811500

Owner

3516 Elder Ln is owned by two individuals who bought it in April 2026.

Source: Cook County records, as of July 2, 2026

Owner of Record2 Individual Names on File
Mailing Address2705 PARK ST, ROLLING MEADOWS, IL 60008-1840
Owner TypeIndividual
VestingHusband and Wife

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleApr 1, 2026 · Amount on File
Deed SaleApr 1, 2026 · Amount on File
Prior SaleJan 9, 2025 · Amount on File
Deed Document Number202625207
Record UpdatedOct 29, 2026

April 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCOOK IL
Recording DateApr 1, 2026
Property Address3516 ELDER LN, FRANKLIN PARK, IL 60131-1706
Document Number0000025207
Instrument DateMar 23, 2026
Instrument202625207
Transaction TypeTransfer
Record UpdatedJul 2, 2026
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$61,357.50
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2705 PARK ST, ROLLING MEADOWS, IL 60008-1840

Mortgage

Document Number0000000252,
DateApr 1, 2026
Instrument2026912026091252
Lender
NameGUARANTEED RATE AFFINITY LLC
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueApr 1, 2056
Interest
Rate TypeFixed Rate
Rate5.99%
Initial TypeFixed Rate
Max Rate-1%

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionLeyden Township
MunicipalityFranklin Park Village
Elementary School DistrictFranklin Park School District 84 (PK - 08)
Secondary School DistrictLeyden Community High School District 212 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$20,141 Land $3,410 Building $16,731$201,410 Land $34,100 Building $167,310
2023$5,254.00 (-3.06%)
2022$5,420.00$17,106 Land $2,790 Building $14,316$171,060 Land $27,900 Building $143,160

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 3516 Elder Ln in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1987.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims1 (1987)
Most Recent ClaimAug 1987 · Severe Storms & Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 3516 Elder Ln has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemFRANKLIN PARK
serves 18,467 people · EPA ID IL0310960
Water SourcePurchased surface water from CHICAGO
Last State InspectionMay 2025
Lead6 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting4
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 948 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
T-Mobile
Fixed Wireless
100 / 20
AT&T
DSL · Fiber in parts of the area
100 / 20

May also be available: Verizon.

Nearby Properties on Elder Ln

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