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840 Elder Rd

Homewood, IL 60430

2 bd 2 ba 900 sqft Built 1977 condos
Most recent sale
$80,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $80,000 MLS #11340961
Mar 7, 2022 Listed $81,500 MLS #11340961
Mar 11, 2020 Listing removed $70,000 MRED
Feb 1, 2019 Listed $70,000 MLS #10261623
Feb 2, 2004 Sold $73,000 Public Record
Dec 10, 1991 Sold $56,500 Public Record
Nov 1, 1991 Sold $56,500 Public Record
Oct 18, 1990 Sold $54,000 Public Record
Sep 12, 1990 Sold $43,500 Public Record
Jun 1, 1985 Sold $43,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $7,276 $1,034 $8,310 $3,560
2022 $3,324 $1,217 $4,541 $601
2021 $3,324 $1,217 $4,541 $605
2020 $3,324 $1,217 $4,541 $696
2019 $2,478 $1,095 $3,573 $72
2018 $2,478 $1,095 $3,573 $66
2017 $3,755 $1,095 $4,850 $717
2016 $4,863 $974 $5,837 $1,658
2015 $4,863 $974 $5,837 $1,580
2014 $4,863 $974 $5,837 $1,577
2013 $5,349 $974 $6,323 $1,636
2012 $5,349 $974 $6,323 $1,661
2011 $5,349 $974 $6,323 $1,741
2010 $6,742 $974 $7,716 $1,898
2009 $6,742 $974 $7,716 $1,764
2008 $6,564 $1,558 $8,122 $1,668
2007 $5,169 $1,558 $6,727 $2,186
2006 $5,169 $1,558 $6,727 $2,157

Property facts

Year built
1977
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
900 sqft
Lot size
ZIP code
60430
City
Homewood
Street
Elder Rd
Coordinates
41.55957, -87.63847

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 840 Elder Rd last sell?
840 Elder Rd most recently sold on May 23, 2022 for $80,000.
What is the current tax assessment for 840 Elder Rd?
The most recent total assessment for 840 Elder Rd (year 2023) is $8,310 with $3,560 in property tax.
How does 840 Elder Rd's assessment compare to its last sale price?
The current assessment is 89.6% below the last sale price of $80,000.
When was 840 Elder Rd built?
840 Elder Rd was built in 1977.
How does 840 Elder Rd compare to others on Elder Rd?
We track 8 other properties on Elder Rd. Browse the list under "Other properties on Elder Rd" to compare beds, baths, and sale history.
What are the property facts for 840 Elder Rd?
840 Elder Rd is a 2 bed, 2 bath, 900 sqft condos.
Is 840 Elder Rd a flip candidate?
No — 840 Elder Rd does not appear in our flips dataset.
Is 840 Elder Rd a tax-appeal candidate?
No — 840 Elder Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$284.5K
2026 Q4
$289.4K
ZIP 60430 — Median Price History + Forecast

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