Contact us: 563.441.1776
Description
Priced to sell at just $80,000, this home offers an incredible, budget-friendly opportunity to gain entry into the highly desirable Gateway 55+ active adult community! Professionally cleaned and completely empty, this property is a blank canvas ready for your personalized aesthetic updates, cosmetic finishes, and value-adding renovations. The structure is already anchored by vital mechanical and appliance upgrades that save you thousands on your build budget. Sleep easy knowing the furnace and central A/C were fully replaced in 2024, the refrigerator is brand new (January 2025), and the stove was updated in 2021. Bring your favorite flooring samples and a fresh palette of paint to instantly transform this diamond-in-the-rough into your dream retirement oasis while building effortless home equity. Gateway provides an unmatched, vibrant lifestyle designed to make your retirement years your absolute best. Spend your days casting a line at the community fishing pond, staying active on the manicured walking trails, or mingling with great neighbors at the active clubhouse. Plus, you are just minutes away from historic downtown Frankfort, where you can enjoy local dining, boutique shopping, seasonal farmers markets, and beloved community festivals. Opportunities to buy into this premiere neighborhood at this price point are exceptionally rare. The seller is highly motivated and eager to negotiate-bring all offers! Schedule your walkthrough today and unlock the massive potential of this Gateway property.
Property Highlights
Property Type: Residential - Mobile Home
Garage Size: 2
Built in 1994
School District: District 210
General Information
Bedrooms: 3
Bathrooms: 2
County: Will
Listed By:
Village Realty, Inc.
708-478-1212
MRED MLS
MLS ID: 12802486
Room Information
Bedroom 2: 13X12
Bedroom 3: 10X12
Dining Room: 12X11
Kitchen: 12X13
Living Room: 13X16
Primary Bedroom: 12X16
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22705 Ravisloe Lane , Frankfort, IL 60423.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $80,000 | $80,000 | $80,000 |
| Down Payment | $16,000 | $2,800 | $20,000 |
| Monthly Mortgage Amount | $420 | $509 | $514 |
| Taxes | $111 | $111 | $111 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $35 | $0 |
| Monthly Estimated Total | $631 | $755 | $725 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/06/2026. The listing information on this page last changed on 11/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 11/06/2026 12:05:14 AM EST) or MRED MLS (last updated Fri 11/06/2026 12:02:07 AM EST) or SCWMLS (last updated Thu 11/05/2026 1:37:32 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 11/05/2026 10:16:06 PM EST) or Cedar Rapids MLS (last updated Thu 11/05/2026 10:44:18 PM EST) or NEIRBR MLS (last updated Thu 11/05/2026 11:58:45 PM EST) or ICAAR MLS (last updated Thu 11/05/2026 11:37:35 PM EST) or ECIMLS (last updated Thu 11/05/2026 11:44:38 PM EST) or RMLSA (last updated Fri 11/06/2026 12:01:02 AM EST) or Muscatine MLS (last updated Fri 11/06/2026 12:00:14 AM EST) or No Coast MLS (last updated Fri 11/06/2026 12:04:26 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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