588 Timber Ln, Frankfort, IL 60423 Property Records

Will County property record for 588 Timber Ln, Frankfort, IL 60423

Property Summary

Property TypeSingle Family Home
Details3 bd · 3 ba · 1,854 sqft · built 1975
Lot Size0.52 acres (22,863 sqft)
OwnerIndividual Name on File
Last Sale$475,000 (Mar 2022)
Tax Bill$11,977 (2025)
Deeds & MortgagesMar 2022 Sale & Mortgage
Aug 2020 Mortgage
Flood ZoneZone X (minimal risk)
APN19-09-26-205-016

Property Details

APN / Parcel Number

Primary APN19-09-26-205-016
Alternative APN
  • 09262050160000

Interior

Bedrooms3 Beds
Full Baths3 Baths
Half Baths1 Half Bath
Total Rooms5 Rooms
Stories1 Story
Building Area1,854 sqft Living Area
Basement Area700 sqft
Unfinished Basement700 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1975
Effective Year BuiltEffective 1975
Architectural StyleTri-Level
Exterior MaterialBrick
Construction TypeWood
Roof TypeGable/Hip
Roof MaterialComposition Shingle
Lot Area22,863 sqft (0.52 acres)
Garage TypeAttached
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemCentral

Location & Zoning

Street Address588 TIMBER LN
CityFRANKFORT
StateIL
Zip60423-9717
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 112 IN PRESTWICK UNIT 4, BEING A SUB OF PRT OF THE NW1/4 OF SEC 25 PRT OF THE NE1/4 OF SEC 26, T35N-R12E.
Legal Range12E
Legal Township35N
Legal Section26
Legal SubdivisionPRESTWICK UNIT 4
Legal Lot Number112
Legal Unit4
JurisdictionWILL IL
Township / Civil DivisionFRANKFORT
Census Block Group3
Census Block3003
Census Tract883505

Owner

588 Timber Ln is owned and occupied by an individual who bought it in March 2022.

Source: Will County records, as of August 24, 2026

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

Owner of RecordIndividual Name on File
Mailing Address588 TIMBER LN, FRANKFORT, IL 60423-9717
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Mar 30, 2022Warranty Deed, Transfer · Conventional Mortgage
MORTGAGE RESEARCH CENTER LLC
Aug 21, 2020Deed of Trust, Mortgage · Conventional Mortgage
JPMORGAN CHASE BANK NA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 30, 2022 · Amount on File
Deed SaleMar 30, 2022 · Amount on File
Prior SaleMay 16, 2013 · Amount on File
Deed Document Number202226652
Record UpdatedOct 29, 2026

March 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionWILL IL
Recording DateMar 30, 2022
Property Address588 TIMBER LN, FRANKFORT, IL 60423-9717
Document Number0000026652
Map ReferenceDOC R68-19116
Instrument DateMar 5, 2022
InstrumentR2022026652
Transaction TypeTransfer
Record UpdatedApr 8, 2022
Title CompanyOLD REPUBLIC TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$475.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address588 TIMBER LN, FRANKFORT, IL 60423-9717

Mortgage

Document Number0000026653
DateMar 30, 2022
InstrumentR2022026653
Lender
NameMORTGAGE RESEARCH CENTER LLC
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueApr 1, 2052
Interest
Rate TypeFixed Rate
Rate3.99%

August 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Property Address588 TIMBER LN, FRANKFORT, IL 60423-9717
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanyCITYWIDE TITLE CORPORATION

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000069851
DateAug 21, 2020
InstrumentR2020069851
Lender
NameJPMORGAN CHASE BANK NA
TypeBank
AddressCOLUMBUS, OH 43240
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term180 Months
DueAug 1, 2035

Tax Assessment & Valuation

The 2025 property tax bill for 588 Timber Ln was $11,977.

Source: Will County assessment roll, as of August 24, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyWill County
County SubdivisionFrankfort Township
MunicipalityFrankfort Village
Elementary School DistrictFrankfort Community Consolidated School District 157C (PK - 08)
Secondary School DistrictLincoln Way Community High School District 210 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$11,977.00$162,967 (+6.6%) Land $57,892 Building $105,075$488,901 (+6.6%) Land $173,676 Building $315,225
2024$152,877 Land $54,308 Building $98,569$458,631 Land $162,924 Building $295,707
2022$10,044.00 Homeowner's exemption$124,359 Land $44,177 Building $80,182$373,077 Land $132,531 Building $240,546

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 588 Timber Ln in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

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

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies21 units insured
incl. 18 condo units
Nearby Flood Claims14 (1981–2019)
Claims Outside the SFHA4 of 14
Most Recent ClaimSep 2019 · river or lake flooding
Claims by Event
  • Severe Storms, Straight-line Winds, And Flooding, Apr 2013 · 2 claims
  • Severe Storms And Flooding, Sep 2008 · 2 claims

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

Wildfire risk around 588 Timber Ln is low, with a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 96% of the US · lower than 74% of Illinois
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond 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 SystemFRANKFORT
serves 24,000 people · EPA ID IL1970400
Water SourceGroundwater
Last State InspectionSep 2025
Lead1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting3
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 114 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
Bertram Communications
Fixed Wireless
100 / 20
AT&T
DSL
100 / 20

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