Franklin Grove, IL, Real Estate

Franklin Grove, Illinois, is a small village in Lee County with a population of around 1,086, offering a quiet, suburban lifestyle. Named after pioneer James R. Franklin, the village is historically significant as a stop along the Lincoln Highway, the first transcontinental automobile route in the United States, and hosts the Lincoln Highway Association’s National Headquarters in a historic building. Surrounded by the natural beauty of Franklin Creek State Natural Area, which features 882 acres of forests, springs, and trails, the village is ideal for outdoor enthusiasts. With a close-knit community, above-average public schools, and a conservative-leaning populace, Franklin Grove blends rural charm with historical pride.

Franklin Grove currently has 3 single family homes for sale with an average list price of $639,933.33 and 2 lots for sale with an average list price of $967,250. The average annual property tax for Franklin Grove is $2,593.98.

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Absorption Report

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Recent Sales

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Market Trends

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Real Estate News

Homes Just Sold in Franklin Grove: December 2nd to December 8th

Homes Just Sold in Franklin Grove: December 2nd to December 8th - December 9, 2025

Franklin Grove had only 1 sale during the week of Tuesday, December 2 to Monday, December 8, including and it was a single family home for sale with a list ... continue reading
New Homes For Sale This Week in Franklin Grove: November 14th to November 20th

New Homes For Sale This Week in Franklin Grove: November 14th to November 20th - November 21, 2025

Franklin Grove had only 1 new home for sale during the week of Friday, November 14 to Thursday, November 20, including and it was a single family home for sale ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Franklin Grove: November 1st to November 7th

New Homes with Master Bedrooms on the 1st Floor in Franklin Grove: November 1st to November 7th - November 8, 2025

Franklin Grove had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, November 1 to Friday, November 7, and ... continue reading
New Homes For Sale This Week in Franklin Grove: October 31st to November 6th

New Homes For Sale This Week in Franklin Grove: October 31st to November 6th - November 7, 2025

Franklin Grove had 2 new homes for sale during the week of Friday, October 31 to Thursday, November 6, including including 2 single family homes for sale with an average ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Franklin Grove: October 18th to October 24th

New Homes with Master Bedrooms on the 1st Floor in Franklin Grove: October 18th to October 24th - October 25, 2025

Franklin Grove had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, October 18 to Friday, October 24, and ... continue reading
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