$68,000
●
Condo -
Off Market
903 Elder Road #1
Homewood, IL 60430
2 Beds
1 Bath
900 Ft²
$75,483
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Very nice, beautifully maintained first floor condo with a balcony,
in Homewood, in move in condition! Nothing to do here but
unpack! Close to shopping, expressways, parks, great
Homewood Schools! 2 outside parking spaces included.
Assessment includes heat, water, garbage, outside
maintenance. The only utility bill is the inside electric.
The condo can also be a rental, tenants are allowed. Easy to
show, short notice okay!
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$83
Property Type
Condo
Property Taxes
$203
HOA Dues
$390
Year Built
-
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Cap Rate Calculator
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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 #11335039)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2022 | Listed by Realtopia Real Estate Inc | $84,900 | |
| Listed by Realtopia Real Estate Inc | |||
| | |||
|
Stunning unit on ground level. This beautiful unit has been recently updated and freshly painted. Absolutely move in ready! Plenty of parking with 2 un-assigned parking spots. Great area with plenty of nearby shopping stores and restaurants. Rentable
| |||
| May 2, 2022 | Sold | ||
| Sold | |||
| Feb 28, 2022 | Listed by HF Realty | $74,900 | |
| Listed by HF Realty | |||
Property Highlights
Garage
Parking Available
Parking Details
Total Number of Parking: 2
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Rooms: 5
Basement: Full
Basement Description: Unfinished
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: Unknown
Rehab Year: 2019
Rebuilt(Y/N): No
Parcel Number: 29324080181001
Property Type: Residential
No Disability Access
Special Conditions: None
Lot Size Dimensions: PER SURVEY
Water Source: Lake Michigan, Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $2,435
Tax Exemptions: None
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Electric
Sewer : Public Sewer
Location Details
Township: Thornton
Corporate Limits: Homewood
Directions: 183rd to Morgan, right on Elder, to 903
County or Parish: Cook
Elementary School District: 153
Middle Or Junior School District: 153
High School District: 233
Other Details
Association Fee Includes: Heat, Water, Gas, Parking, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $390
Association Fee Freq: Monthly
Holds Earnest Money: No
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 |
|---|---|---|---|---|---|---|---|
|
10/14/2025
|
2 Bed
|
1 Bath
|
-
|
$115,000
2 Bed
1 Bath
|
-
-
|
Ajariel Murphy
POWER Realty Chicagoland,PLLC
| |
|
07/17/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$100,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Sheila Barney-Shannon
26.2 Realty, Inc
| |
|
04/27/2024
|
2 Bed
|
1 Bath
|
800 ft²
|
$99,500
2 Bed
1 Bath
800 ft²
|
$87,500
-12.06%
11/07/2024
|
John Nugent
Coldwell Banker Realty
| |
|
10/06/2022
|
2 Bed
|
1 Bath
|
900 ft²
|
$84,900
2 Bed
1 Bath
900 ft²
|
$85,000
+0.12%
12/13/2022
|
Cecilia Conti
Realtopia Real Estate Inc
| |
|
04/25/2022
|
2 Bed
|
1 Bath
|
900 ft²
|
$85,000
2 Bed
1 Bath
900 ft²
|
$80,000
-5.88%
12/19/2022
|
Richard Peretz
HF Realty
| |
|
02/28/2022
|
2 Bed
|
1 Bath
|
900 ft²
|
$74,900
2 Bed
1 Bath
900 ft²
|
$68,000
-9.21%
05/02/2022
|
Richard Peretz
HF Realty
| |
|
10/29/2021
|
2 Bed
|
1 Bath
|
700 ft²
|
$79,900
2 Bed
1 Bath
700 ft²
|
$70,000
-12.39%
11/23/2021
|
Caroline Odom-Wade
Caroline Odom-Wade
| |
|
06/08/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$75,900
2 Bed
1 Bath
1000 ft²
|
$80,000
+5.40%
09/27/2021
|
Margaret Banks
Home Sellers Realty Inc.
| |
|
06/03/2021
|
1 Bed
|
1 Bath
|
-
|
$55,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
09/16/2020
|
2 Bed
|
1 Bath
|
-
|
$65,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
07/08/2019
|
2 Bed
|
1 Bath
|
-
|
$53,900
2 Bed
1 Bath
|
$57,500
+6.68%
10/07/2019
|
Michelle Goldstein
| |
|
09/04/2018
|
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
| |
|
04/06/2018
|
2 Bed
|
1 Bath
|
-
|
$39,900
2 Bed
1 Bath
|
$31,000
-22.31%
02/11/2019
|
Jim Rossi
|
Building Info
About Homewood
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Listed by: Richard Peretz, HF Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11335039
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# 11335039
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