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840 Elder Rd

Homewood, IL 60430

2 bd 2 ba 945 sqft Built 1977 condos
Most recent sale
$97,500
Dec 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 20, 2021 Sold $97,500 MLS #11206233
Apr 22, 2015 Listing removed $1,000 MRED
Mar 19, 2015 Listed for rent $1,000 MRED
Apr 18, 2006 Sold $90,000 Public Record
Jul 30, 1992 Sold $61,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $7,507 $1,067 $8,574 $3,674
2022 $3,429 $1,256 $4,685 $2,513
2021 $3,429 $1,256 $4,685 $677
2020 $3,429 $1,256 $4,685 $766
2019 $2,556 $1,130 $3,686 $129
2018 $2,556 $1,130 $3,686 $122
2017 $3,875 $1,130 $5,005 $962
2016 $5,017 $1,004 $6,021 $1,750
2015 $5,017 $1,004 $6,021 $1,671
2014 $5,017 $1,004 $6,021 $1,666
2013 $4,246 $1,004 $5,250 $1,161
2012 $5,519 $1,004 $6,523 $1,748
2011 $5,519 $1,004 $6,523 $1,822
2010 $6,957 $1,004 $7,961 $2,825
2009 $6,957 $1,004 $7,961 $2,870
2008 $6,772 $1,607 $8,379 $2,700
2007 $5,333 $1,607 $6,940 $2,256
2006 $5,333 $1,607 $6,940 $2,225

Property facts

Year built
1977
Property type
condos
Stories
4
Beds
2
Baths
2
Living area
945 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
$585
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 Dec 20, 2021 for $97,500.
What is the current tax assessment for 840 Elder Rd?
The most recent total assessment for 840 Elder Rd (year 2023) is $8,574 with $3,674 in property tax.
How does 840 Elder Rd's assessment compare to its last sale price?
The current assessment is 91.2% below the last sale price of $97,500.
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, 945 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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