$82,000
●
Condo -
Off Market
840 Elder Road #A301
Homewood, IL 60430
2 Beds
2 Baths,
1
Half Bath
800 Ft²
$763
Est. Monthly
$345
HOA / Fees
25.48%
Cap Rate
About This Property
Elevator Building! Condo is 3rd floor located in Homewood Shores
just a few minutes from Metra station, Shopping, and Interstate.
This condo offers 2 bedrooms and 1.5 bath with a balcony.
Included with this property is access to clubhouse with
recreation/party room, kitchenette, indoor pool and sauna with a
deck overlooking the water. A little TLC and you will gain
instant equity.
Unit Size
800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$106
Property Type
Condo
Property Taxes
-
HOA Dues
$345
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
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 #11972173)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jul 7, 2024 | Relisted | $135,000 | |
| Relisted | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by Keller Williams Experience | $135,000 | |
| Listed by Keller Williams Experience | |||
| | |||
|
NEW, NEW, NEW!! Completely rehabbed third floor 2 bedroom 1.1 bath condo in Homewood Shores. Elevator Building! Coin Laundry on the same level. Indoor pool in clubhouse! And just a few minutes from Metra station, Shopping, and Interstate. Schedule your showing today!
| |||
Show More
Property Highlights
Elevator
Parking Available
Air Conditioning
Parking Details
Total Number of Parking: 1
Parking Features: Unassigned, Visitor Parking, Parking Lot
Interior Details
Bedrooms: 2
Bathrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Elevator, Some Carpeting, Dining Combo
Appliances: Range, Microwave, Refrigerator
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 29324060431193
Property Type: Residential
Year Built: 1977
No Disability Access
Special Conditions: None
Exterior Features: Balcony
Lot Features: Common Grounds
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2022
Tax Exemptions: Homeowner, Senior, Senior Freeze
Utilities Details
Cooling: Central Air
Heating: Electric
Sewer : Public Sewer
Location Details
Township: Thornton
Corporate Limits: Homewood
Directions: Halsted to Elder west to 840
County or Parish: Cook
Elementary School District: 153
Middle Or Junior School District: 153
High School District: 153
Other Details
Association Fee Includes: Water, Parking, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $345
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
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Listed by: Bonnie Willis, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11972173
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# 11972173
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