8748 Chilton Ct, Frankfort, IL 60423

WELCOME HOME! A spectacular gem located on a lovely cul de sac in desirable Stone Creek. This brick and stone masterpiece boasts 5+ bedrooms and 6 bathrooms. Meticulously maintained with attention to detail at every turn. A stunning elevated entrance with impressive stonework leads to the solid wood double doors with harlequin glass inlay into the two-story foyer. Gleaming hardwood floors flow through much of the main level along with 10ft. ceilings and crown molding. Enjoy time with family and friends in the relaxing living room and spacious dining room showcasing lovely architectural elements. Beautiful coffered ceilings, detailed millwork and a gas fireplace warm the inviting family room and its open concept into the unbelievable chef's kitchen. Beautiful cabinetry with stylish gold hardware compliment the stunning oversized custom island with imported granite. A grand presence sure to provide extra counter and entertaining space. Viking stainless steel appliances. The kitchen also offers a large walk-in pantry for organization and additional storage. An amazing mudroom with closet and storage bench connects to the laundry room. Finishing off the first floor is a rare find bedroom with an adjacent full bath. The grand split oversized staircase leads up to the second level where there are 3 bedrooms with ensuite design. A light and bright loft area with a wall of windows and french doors could be a potential media/playroom. The spacious primary bedroom has space for a relaxing sitting area and leads to the dramatic primary bath. Beautiful neutral tiled walk-in shower with body spray, a jacuzzi tub and vanity area are sure to impress. The extraordinary walk-in closet is a dream come true for those desiring wardrobe organization. A third level has a wonderful additional room for use as a bedroom/office space with its own private full bath. Partially finished lookout basement has 10ft. ceilings and professionally acid stained floors. A gas fireplace and rustic decor make this an amazing entertaining/recreational space. Work out room and massive storage area with a 7th bathroom rough in finishes the lower level. Radiant heat rough in for basement and garage. Plenty of room for more storage in the oversized 3 car garage with epoxy flooring. Large Trex deck with lighting overlooks the expansive backyard professionally landscaped with mature birch trees and evergreens. Dual furnaces, dual air conditioners. Generac 16KW house generator. Sprinkler system. Convenient location a few short blocks from Stone Creek Park and minutes from historic downtown Frankfort. Award winning school, shopping and dining destinations. This exceptional property is the perfect balance of luxury living and comfortable style. A magnificent place to call home!

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

• Buyers
• Agents
• Sellers

What is Roam?

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

What is an assumable mortgage?

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

Why is an assumable mortgage valuable?

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

How can you find assumable mortgage listings?

Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

How do I qualify for an assumable mortgage?

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

Last updated: Nov 21, 2024 12:22 pm

Listing agent: Karolee Smietanski (815) 483-7316

Listing provided courtesy of: Baird & Warner (708) 798-1855

Details provided by MRED and may not match the public record.
MLS ID: #12147236

Based on information submitted to the MLS GRID as of Nov 21 2024 - 12:39. 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.

Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.