Butternut, Frankfort, IL
Butternut — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Butternut, Frankfort, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Butternut Neighborhood Overview
Butternut is a residential neighborhood located in the village of Frankfort, Illinois. It offers residents a peaceful, suburban atmosphere within a community known for its charm and family-friendly environment. The area provides a quiet retreat while maintaining convenient access to local amenities and services.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around community and outdoor recreation. The neighborhood is close to Frankfort's historic downtown district, which features boutique shopping, diverse dining options, and community events. Nearby parks and forest preserves provide ample opportunities for walking, biking, and family activities.
Real Estate Market
The real estate in Butternut primarily consists of single-family homes in a variety of traditional suburban styles. According to U.S. Census data, the median home value in the area is $367,400. This reflects a stable and desirable housing market within the broader Frankfort community.
Schools & Education
Families in Butternut are served by the well-regarded Frankfort Community Consolidated School District 157C and Lincoln-Way Community High School District 210. These districts are known for their strong academic programs and extracurricular offerings. The area's high median household income often correlates with strong community support for local schools.
Transportation & Connectivity
The neighborhood benefits from convenient access to major roadways, including U.S. Route 45 and Interstate 80, facilitating commutes to Chicago and surrounding suburbs. While the area is primarily car-dependent, Metra's Rock Island District line provides regional rail service from nearby stations, offering a direct route to downtown Chicago.
Why Choose Butternut
Butternut is an excellent choice for those seeking a classic suburban lifestyle with a strong sense of community. With a high median household income of $134,640, the neighborhood offers financial stability and access to quality local services. Its combination of tranquil streets, good schools, and proximity to Frankfort's amenities makes it a consistently desirable place to live.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Butternut Market Data
| Metric | Value |
|---|---|
| Median Home Price | $367K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $135K |
| Homeownership Rate | 92.8% |
| Renter-Occupied | 7.2% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 60423 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Butternut, Frankfort
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Butternut, Frankfort, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15