Is Frankfort, IL a Good Place to Live? [2026 Guide]
Is Frankfort, IL a Good Place to Live? [2026 Guide]
Short answer: Yes. Frankfort, Illinois consistently ranks among the best suburbs in the Chicago metro area — combining small-town character with excellent schools, low crime, and easy Metra access. Here’s everything you need to know before making a move.
Frankfort, IL at a Glance
- Population: ~22,000 residents
- County: Will County, Illinois
- Distance from Chicago: ~35 miles southwest
- Median Home Price: ~$375,000 (Spring 2026)
- Metra: Rock Island Line via nearby Manhattan station
5 Reasons People Love Living in Frankfort
1. Award-Winning Schools
Frankfort students attend Community Consolidated District 157-C schools and graduate from Lincoln-Way East High School — one of the top-rated public high schools in Will County, known for rigorous AP programs, strong extracurriculars, and competitive athletics.
2. Charming Old Town District
Frankfort’s historic Old Town features brick-paved streets, local restaurants, boutique shops, and beloved community events like the annual Frankfort Fall Festival. This walkable downtown adds real character to daily life and supports strong neighborhood property values.
3. Low Crime Rates
Frankfort ranks among the safest communities in Will County. Violent crime rates are well below Illinois and national averages, making it a top choice for families with children.
4. Trails, Parks & Outdoor Recreation
The Frankfort Park District manages miles of trails, the Plum Creek Nature Center, sports complexes, and green spaces connecting multiple neighborhoods. Cyclists, runners, and families use the trail network year-round.
5. Diverse, Well-Priced Housing
Frankfort offers townhomes in the $250,000s, established single-family homes in the $300,000–$450,000 range, and custom estates approaching $700,000+. You can grow within the community over time without ever having to leave.
Commuting from Frankfort to Chicago
Frankfort is served by the Manhattan station on the Rock Island Metra Line, just minutes from the village center. Train time to LaSalle Street Station is approximately 60–70 minutes. By car via I-80 or Route 30, expect 45–65 minutes. Remote workers find Frankfort’s quiet neighborhoods and strong internet infrastructure excellent for a home-office setup.
Honest Trade-offs of Living in Frankfort
- Property Taxes: Effective rates of 1.9–2.2% — a $375,000 home may carry $7,000–$8,000/year
- Limited Nightlife: Frankfort is a family suburb; urban entertainment is a drive away
- Car Dependent: Outside Old Town, a car is needed for most errands
- Commute Distance: 35 miles from the Loop means peak-hour drives can reach 60+ minutes
Frankfort Real Estate in Spring 2026
Frankfort remains a competitive seller’s market. Inventory is constrained and well-priced homes typically go under contract within 2–4 weeks. The median sale price is approximately $375,000, with many homes selling at or above list price. Buyers should be pre-approved and ready to act decisively.
Is Frankfort Right for You?
Frankfort is an excellent fit if you have (or plan) a family, value community character, work remotely or near the Metra, and want upscale suburban living without paying Chicago prices. It’s less ideal if you need daily urban proximity or are concerned about property tax levels.
Ready to explore Frankfort homes? Contact Dan Krembuszewski at Krembo Group — a South Suburbs REALTOR® with deep expertise in Frankfort and the surrounding communities.
Looking to buy or sell a home in Frankfort, IL? Browse Frankfort IL homes for sale or call Dan Krembuszewski at Krembo Group: (708) 921-0035.
Thinking about buying or selling in the South Suburbs?
Dan Krembuszewski has helped South Suburbs families buy and sell since 2011. Get a real number for your home, or just ask a question. No pressure, no obligation.
