I can provide you with some pros and cons of home ownership in Frankfort Square, Illinois.

Pros:
- Frankfort Square is a peaceful and safe place to live. Crime rates are generally lower compared to the national average.
- It has a good school system. Frankfort Square School District 161 is highly rated and has above-average test scores.
- The city has many parks and recreational areas, including a swimming pool, a playground, and a soccer field.
- The area has a relatively affordable cost of living, which makes home ownership more achievable for most people.
- Being in Illinois, the state offers a number of beneficial programs and tax breaks for homeowners, which can help save money.

Cons:
- The cost of living is generally higher compared to some other surrounding areas of the state, though still relatively affordable.
- Property taxes in Illinois are some of the highest in the US, which can make owning a home in Frankfort Square expensive.
- The city has a smaller population and less urban amenities compared to nearby cities such as Chicago.
- During the winter, the weather can be harsh with snow, freezing rain, and other winter conditions causing difficulties for some homeowners.
- Finding employment within the city can be challenging and residents may need to commute to Chicago or other nearby cities for work.