O'Neil Property Group
Frankfort Neighborhood Guide

Olde Stone Village

Olde Stone Village is Frankfort’s newest luxury enclave — about 100 custom homes of 3,600 to 8,680 square feet built since 2014 north of Steger Road and west of Wolf Road, with recent sales from the high $900s to $1.67M and custom builders still active.

~100
Custom Homes
2014–2024
Years Built
$960K–$1.67M
Recent Sales
3,600–8,680
Sq Ft Range

Living in Olde Stone Village

Olde Stone Village is what Frankfort luxury looks like when it’s built new. Located north of Steger Road and west of Wolf Road, the community holds roughly 100 custom homes — per its homeowners association — built from 2014 onward, ranging from 3,600 to 8,680 square feet on large lots with common areas, walking and bike path access, and parks woven through the plan. This is not a production subdivision: homes here were commissioned one at a time, and it shows in the streetscape.

The builder roster tells you the tier. McMahon Custom Builders has completed multiple homes here, O’Malley Builders developed homes in the community, and Gale Builders lists Olde Stone Village among its active locations — and custom construction continues, making this the rare established Frankfort luxury setting where you can still build. On the resale side, MLS-fed sources show recent sales from $960K to $1.67M — Zermatt Drive, Torino Way, and Dublin Way closings among them — with current listings around $1.05M to $1.5M.

For a seven-figure community, the carrying structure is straightforward: association fees are modest at roughly $58–$68 per month per MLS-fed sources, while property taxes are the real line item — reported averages near $24,800 annually. Buyers comparing Olde Stone Village against older estate stock are usually weighing new-construction quality and layouts against the mature trees of neighborhoods like Butternut Creek Woods; we’ve walked clients through both sides of that decision many times.

Olde Stone Village at a Glance

  • Location North of Steger Road and west of Wolf Road, Frankfort 60423 — about 35 miles southwest of Chicago
  • Built 2014–2024 per MLS-fed sources, with custom construction continuing
  • Homes Approximately 100 custom single-family homes per the HOA; roughly 3,600–8,680 sq ft
  • Builders McMahon Custom Builders, O’Malley Builders, and Gale Builders among those who have built here
  • Recent Prices Recent sales $960K–$1.67M; current listings roughly $1.05M–$1.5M per MLS-fed sources
  • HOA Roughly $58–$68/month per MLS-fed sources; community common areas, lake, park, sidewalks, and street lights among listed features
  • Taxes & Schools Average annual property tax reported near $24,800; Frankfort CCSD 157-C and Lincoln-Way CHSD 210 — confirm boundaries with the district

Olde Stone Village Home Types & Prices

Pricing reflects Olde Stone Village sales and MLS-fed sources as of mid-2026 — ranges over false precision.

$960K–$1.2M

The resale core

Recent closings on Torino Way and Dublin Way ran $960K–$1.15M — 2014-and-newer custom construction with today’s layouts: open mains, first-floor offices, oversized garages.

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$1.2M–$1.7M

The top tier

The community’s largest and most finished homes — a Zermatt Drive sale closed at $1.67M and current listings reach $1.5M. One-of-a-kind builds where comps require judgment, not averages.

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Custom

Build new

With McMahon, Gale, and others active, Olde Stone Village remains the rare established luxury enclave where you can still commission a build. Plan on budgets starting around $1M all-in; we help pressure-test every line of it.

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Olde Stone Village Homes for Sale

Every Olde Stone Village listing hits the MLS the moment it goes live. Search all Frankfort homes below and filter by neighborhood, or text Kealan at 630-381-4995 for a Olde Stone Village-only list with same-day showings.

Search All Frankfort Homes

What Living Here Comes With

🏡

True custom construction

Roughly 100 homes, no repeating plans — commissioned builds from the 2014-and-newer era with current mechanicals, envelopes, and layouts. The streetscape reads estate, not subdivision.

🚴

Paths, parks, and open space

The HOA highlights common areas, walking and bike path access, and parks through the community, with a lake and street-lit sidewalks among MLS-listed features.

📐

Large lots, modern scale

Homes of 3,600–8,680 square feet on generous lots — room for the four-car garage, the pool conversation, and the home office count that older estate stock has to renovate its way toward.

🛣️

Quietly connected

The Steger and Wolf Road corner keeps daily traffic away, while US 45 and US 30 put downtown Frankfort, the I-80 interchanges, and Hickory Creek Metra within about 10–15 minutes.

Schools Serving Olde Stone Village

Olde Stone Village addresses are generally served by Frankfort CCSD 157-C and Lincoln-Way Community High School District 210. School information is provided as fact only — confirm current attendance boundaries with the district for any specific address.

Grand Prairie Elementary

Frankfort CCSD 157-C · PreK–2

The district’s early-grades building for the village core area.

Chelsea Intermediate School

Frankfort CCSD 157-C · 3–5

Intermediate grades before Hickory Creek Middle School.

Hickory Creek Middle School

Frankfort CCSD 157-C · 6–8

The district’s middle school, off Laraway Road.

Lincoln-Way East High School

Lincoln-Way CHSD 210 · 9–12

Located in Frankfort on Colorado Avenue; most Frankfort addresses feed Lincoln-Way East.

Getting Around from Olde Stone Village

Around Frankfort

Downtown Frankfort’s Kansas Street core, Breidert Green, and the Old Plank Road Trail are about ten minutes north; groceries and daily retail run along US 30 and La Grange Road.

Commuting

Wolf Road and US 45 connect north to the I-80 interchanges in roughly 10–15 minutes, with I-355’s southern terminus just beyond. Hickory Creek Metra station in Mokena on the Rock Island District line is about 15 minutes.

Getting to Chicago

Plan on 55–80 minutes to the Loop by car depending on traffic, about 45 minutes to Midway, and roughly an hour by train from Hickory Creek to LaSalle Street Station.

Olde Stone Village FAQs

How much does a home in Olde Stone Village cost?
MLS-fed sources show recent sales from $960K to $1.67M, with current listings roughly $1.05M–$1.5M. New custom builds typically start around $1M all-in depending on lot, size, and finish level.
Can I still build a custom home in Olde Stone Village?
Yes — custom construction continues, with McMahon Custom Builders and Gale Builders among those active in the community, and O’Malley Builders among those who have developed homes here. We help clients evaluate lots, builders, and total budgets before committing.
What are the HOA fees in Olde Stone Village?
Modest for the tier — roughly $58–$68 per month per MLS-fed sources, supporting the community’s common areas. We confirm current dues and covenants, including architectural standards, during attorney review.
What are property taxes like in Olde Stone Village?
Substantial — MLS-fed sources report an average annual bill near $24,800, consistent with home values here. We pull the actual bill and assessment history on every property before you offer.
How big are Olde Stone Village homes?
Roughly 3,600 to 8,680 square feet per MLS-fed sources — all custom, all built 2014 or later, on large lots with modern layouts.
How does Olde Stone Village compare to Frankfort’s older estate neighborhoods?
It’s the new-construction counterpart: current mechanicals and layouts versus the mature canopy of areas like Butternut Creek Woods or the golf setting of Prestwick. Most buyers at this tier tour all three — we’ll show you the honest trade-offs. Call or text Kealan at 630-381-4995.

Buy or Sell in Olde Stone Village

We track every Olde Stone Village listing, sale, and off-market conversation. Get real answers about pricing, fees, and what’s coming to market.