$95,900
●
Condo -
Off Market
840 Elder Road #111
Homewood, IL 60430
2 Beds
2 Baths,
1
Half Bath
1,090 Ft²
$104,312
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Here is your chance to own a ground level condo in the heart
Homewood. This unit is 5 minutes from the Metra station, and
the interstate. Plus a world of delicious restaurants and
eateries are within walking distance. This unit offers 2
large bedrooms, the master bedroom has a private powder room and
two large closets. The kitchen has a comfortable breakfast
bar for those quick snacks. The living Room and Dining Room
are enhanced by utilizing the open floor plan concept. The
patio doors spray these rooms with copious amounts of natural
sunlight. This unit also offers a private patio. There
is a dedicated huge storage locker and laundry facilities in the
building. There is a wonderful clubhouse That offers an in
door pool with a sauna and welcoming party room complete with a
fireplace. The clubhouse also boasts a huge party deck
overlooking the pond.
Unit Size
1,090 Ft²
Days on Market
-
Land Size
-
Price per sqft
$96
Property Type
Condo
Property Taxes
$35
HOA Dues
$312
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #11771514)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2023 | Sold | ||
| Sold | |||
| May 1, 2023 | Listed by Karges Realty | $104,900 | |
| Listed by Karges Realty | |||
| Jun 19, 2009 | Sold | ||
| Sold | |||
| Mar 31, 2009 | Listed by Applebrook Realty, Inc. | $42,500 | |
| Listed by Applebrook Realty, Inc. | |||
| | |||
|
2 BR end unit on 1st Floor. Buyer may have to pay six mos assmts. Seller will not provide survey, disclosures or inspections. "AS IS" Sale. All zoning, room and lot sizes estimated. Provide evidence of cash to close or lender pre-qual letter plus down paymt. E-mail or fax contract, lender documents and copy of EM check. If Seller accepts they will send Addendum. Ret original Addendum, contract and EM (Cert funds)
| |||
Property Highlights
Elevator
Parking Available
Air Conditioning
Parking Details
Total Number of Parking: 10
Parking Features: Unassigned, Visitor Parking
Interior Details
Bedrooms: 2
Bathrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Open Floorplan
Appliances: Range, Dishwasher, Refrigerator
Rooms: 5
Basement: None
Basement Description: Slab
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 29324060431171
Property Type: Residential
Year Built: 1977
No Disability Access
Special Conditions: None
Exterior Features: Patio
Lot Features: Common Grounds, Pond(s)
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2021
Tax Annual Amount: $425
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Electric, Forced Air
Sewer : Public Sewer
Location Details
Township: Thornton
Corporate Limits: Homewood
Directions: Halstead to Elder west. Turn left once in complex. 840 Elder is the building in the rear of the complex.
County or Parish: Cook
Elementary School District: 153
Middle Or Junior School District: 153
High School District: 233
High School: Homewood-Flossmoor High School
Other Details
Association Fee: $312
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/23/2026
|
2 Bed
|
1 Bath
|
1000 ft²
|
$139,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
Tytus Cousins
Intellectual Real Estate Services and Investments
| |
|
05/08/2026
|
2 Bed
|
1 Bath
|
1090 ft²
|
$149,900
2 Bed
1 Bath
1090 ft²
|
-
-
|
Alan Greer
HomeSmart Realty Group
| |
|
03/09/2026
|
2 Bed
|
2 Bath
|
980 ft²
|
$126,000
2 Bed
2 Bath
980 ft²
|
$119,000
-5.56%
07/20/2026
|
Manuel Escobar
eXp Realty, LLC
| |
|
12/04/2025
|
2 Bed
|
1 Bath
|
900 ft²
|
$136,900
2 Bed
1 Bath
900 ft²
|
-
-
|
Cheryl Sturt
Tanis Group LLC
| |
|
11/01/2025
|
1 Bed
|
1 Bath
|
900 ft²
|
$129,000
1 Bed
1 Bath
900 ft²
|
-
-
|
Alan Greer
HomeSmart Realty Group
| |
|
09/11/2025
|
2 Bed
|
2 Bath
|
925 ft²
|
$136,000
2 Bed
2 Bath
925 ft²
|
-
-
|
Manuel Escobar
eXp Realty, LLC
| |
|
08/13/2025
| |
2 Bed
|
2 Bath
|
925 ft²
|
$138,500
2 Bed
2 Bath
925 ft²
|
-
-
|
Debby Little
Century 21 Affiliated
|
|
08/18/2025
|
2 Bed
|
2 Bath
|
925 ft²
|
$138,500
2 Bed
2 Bath
925 ft²
|
-
-
|
Debby Little
Century 21 Affiliated
| |
|
05/29/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$139,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Tytus Cousins
Intellectual Real Estate Services and Investments
| |
|
04/12/2025
|
1 Bed
|
1 Bath
|
650 ft²
|
$114,900
1 Bed
1 Bath
650 ft²
|
$114,900
06/02/2025
|
Nella Ovallos
Chicagoland Brokers, Inc.
| |
|
09/03/2024
|
2 Bed
|
2 Bath
|
950 ft²
|
$135,000
2 Bed
2 Bath
950 ft²
|
-
-
|
Andre Carter
RE/MAX Premier
| |
|
10/02/2024
|
1 Bed
|
1 Bath
|
650 ft²
|
$119,000
1 Bed
1 Bath
650 ft²
|
-
-
|
Brittney Norwood
Premier Midwest Realty, INC
| |
|
09/19/2024
|
2 Bed
|
2 Bath
|
925 ft²
|
$128,000
2 Bed
2 Bath
925 ft²
|
-
-
|
Debby Little
Century 21 Affiliated
| |
|
02/01/2024
|
2 Bed
|
2 Bath
|
800 ft²
|
$85,000
2 Bed
2 Bath
800 ft²
|
$82,000
-3.53%
03/13/2024
|
Bonnie Willis
Coldwell Banker Real Estate Group
| |
|
01/18/2024
|
2 Bed
|
2 Bath
|
900 ft²
|
$107,500
2 Bed
2 Bath
900 ft²
|
$100,000
-6.98%
03/18/2024
|
Bill Weber
RE/MAX 1st Service
| |
|
03/23/2023
|
1 Bed
|
1 Bath
|
650 ft²
|
$46,900
1 Bed
1 Bath
650 ft²
|
$46,900
05/03/2023
|
Ryan Cherney
Circle One Realty
| |
|
07/25/2023
|
1 Bed
|
1 Bath
|
650 ft²
|
$100,000
1 Bed
1 Bath
650 ft²
|
$100,000
10/11/2023
|
Valerie Kearns
Baird & Warner
| |
|
07/21/2023
|
2 Bed
|
2 Bath
|
1090 ft²
|
$99,999
2 Bed
2 Bath
1090 ft²
|
$102,000
+2.00%
08/18/2023
|
AJ Dobson
Kale Realty
| |
|
05/01/2023
|
2 Bed
|
2 Bath
|
1090 ft²
|
$104,900
2 Bed
2 Bath
1090 ft²
|
$95,900
-8.58%
08/03/2023
|
Robert Vergo
Karges Realty
| |
|
04/08/2023
|
2 Bed
|
1.5 Bath
|
900 ft²
|
$114,900
2 Bed
1.5 Bath
900 ft²
|
-
-
|
Cheryl Sturt
Tanis Group LLC
| |
|
11/16/2022
|
2 Bed
|
2 Bath
|
800 ft²
|
$113,700
2 Bed
2 Bath
800 ft²
|
$114,000
+0.26%
02/24/2023
|
Inga Aleksonis
Keller Williams Preferred Rlty
| |
|
06/30/2022
|
1 Bed
|
1 Bath
|
800 ft²
|
$70,000
1 Bed
1 Bath
800 ft²
|
-
-
|
Toia Sappington
Infiniti Properties, Inc.
| |
|
03/07/2022
|
2 Bed
|
2 Bath
|
900 ft²
|
$81,500
2 Bed
2 Bath
900 ft²
|
$80,000
-1.84%
05/23/2022
|
Eric Egeland
GenStone Realty
| |
|
01/28/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$100,000
2 Bed
2 Bath
1100 ft²
|
$95,000
-5.00%
02/28/2022
|
Sheila Barney-Shannon
26.2 Realty, Inc
| |
|
10/01/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$100,000
2 Bed
2 Bath
1000 ft²
|
$100,000
11/16/2021
|
Gloria Robinson
Northpoint Realty & Asset Mgmt
| |
|
09/01/2021
|
2 Bed
|
2 Bath
|
945 ft²
|
$93,500
2 Bed
2 Bath
945 ft²
|
$97,500
+4.28%
01/31/2022
|
Lisa Smith
L.M. Smith Realty, Inc.
| |
|
07/15/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$77,000
2 Bed
2 Bath
1000 ft²
|
$77,000
08/13/2021
|
Ann Wood
CRIS REALTY
| |
|
03/12/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$85,000
2 Bed
2 Bath
1000 ft²
|
$83,000
-2.35%
07/07/2021
|
Kimberly Collins
eXp Realty, LLC
| |
|
07/21/2020
|
1 Bed
|
1 Bath
|
650 ft²
|
$40,000
1 Bed
1 Bath
650 ft²
|
-
-
|
-
| |
|
01/24/2020
|
2 Bed
|
2 Bath
|
1000 ft²
|
$62,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
04/23/2019
|
2 Bed
|
2 Bath
|
750 ft²
|
$89,000
2 Bed
2 Bath
750 ft²
|
$76,000
-14.61%
11/19/2019
|
Frank Montro
| |
|
01/29/2019
|
2 Bed
|
2 Bath
|
680 ft²
|
$70,000
2 Bed
2 Bath
680 ft²
|
-
-
|
-
| |
|
08/08/2013
|
2 Bed
|
1 Bath
|
-
|
$19,950
2 Bed
1 Bath
|
$22,000
+10.28%
09/16/2013
|
Ron Wexler
Keller Williams - Oak Lawn
| |
|
03/31/2009
|
2 Bed
|
1 Bath
|
-
|
$42,500
2 Bed
1 Bath
|
$35,000
-17.65%
06/19/2009
|
Gary Weglarz
Applebrook Realty, Inc.
| |
|
02/10/2007
|
2 Bed
|
2 Bath
|
-
|
$97,900
2 Bed
2 Bath
|
$97,900
05/03/2007
|
Susan Adduci
Baird & Warner
| |
|
01/16/2007
|
1 Bed
|
1 Bath
|
-
|
$72,500
1 Bed
1 Bath
|
$72,000
-0.69%
03/30/2007
|
Carlyn Jackson, CSC
Real People Realty
|
Building Info
About Homewood
Similar Homes for Sale
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Listed by: Robert Vergo, Karges Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11771514
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. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11771514
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