1645 Terrace Rd
Homewood, IL 60430
3 bd 2 ba 1,120 sqft Built 1942 Lot 19,820 sqft single_family
Most recent sale
$240,000
May 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 18, 2022 | Sold | $240,000 | MLS #11345535 |
| Mar 16, 2022 | Listed | $248,000 | MLS #11345535 |
| Dec 21, 2016 | Sold | $155,000 | MLS #09344046 |
| Nov 18, 2016 | Price changed | $155,000 | MLS #09344046 |
| Oct 6, 2016 | Price changed | $159,000 | MLS #09344046 |
| Sep 16, 2016 | Listed | $164,900 | MLS #09344046 |
| Mar 6, 1979 | Sold | $48,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $11,090 | $9,909 | $20,999 | $8,049 |
| 2022 | $5,094 | $8,423 | $13,517 | $6,627 |
| 2021 | $5,094 | $8,423 | $13,517 | $6,613 |
| 2020 | $5,094 | $8,423 | $13,517 | $6,345 |
| 2019 | $7,697 | $7,432 | $15,129 | $7,433 |
| 2018 | $7,697 | $7,432 | $15,129 | $7,236 |
| 2017 | $7,697 | $7,432 | $15,129 | $7,108 |
| 2016 | $6,439 | $6,936 | $13,375 | $5,286 |
| 2015 | $6,439 | $6,936 | $13,375 | $5,239 |
| 2014 | $6,439 | $6,936 | $13,375 | $5,155 |
| 2013 | $8,541 | $6,936 | $15,477 | $5,607 |
| 2012 | $8,541 | $6,936 | $15,477 | $5,524 |
| 2011 | $8,541 | $6,936 | $15,477 | $5,376 |
| 2010 | $9,550 | $6,936 | $16,486 | $4,576 |
| 2009 | $9,550 | $6,936 | $16,486 | $4,212 |
| 2008 | $6,255 | $11,098 | $17,353 | $4,001 |
| 2007 | $11,560 | $3,963 | $15,523 | $3,932 |
| 2006 | $11,560 | $3,963 | $15,523 | $3,822 |
Property facts
Year built
1942
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,120 sqft
Lot size
19,820 sqft
ZIP code
60430
City
Homewood
Street
Terrace Rd
Coordinates
41.54736, -87.65684
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,016
Gross rental yield
10.08%
Implied cap rate
6.55%
Trend-extrapolated value
—
Frequently asked questions
When did 1645 Terrace Rd last sell?
1645 Terrace Rd most recently sold on May 18, 2022 for $240,000.
What is the current tax assessment for 1645 Terrace Rd?
The most recent total assessment for 1645 Terrace Rd (year 2023) is $20,999 with $8,049 in property tax.
How does 1645 Terrace Rd's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $240,000.
When was 1645 Terrace Rd built?
1645 Terrace Rd was built in 1942.
How does 1645 Terrace Rd compare to others on Terrace Rd?
We track 8 other properties on Terrace Rd. Browse the list under "Other properties on Terrace Rd" to compare beds, baths, and sale history.
What are the property facts for 1645 Terrace Rd?
1645 Terrace Rd is a 3 bed, 2 bath, 1,120 sqft, 19,820 sqft lot single_family.
Is 1645 Terrace Rd a flip candidate?
No — 1645 Terrace Rd does not appear in our flips dataset.
Is 1645 Terrace Rd a tax-appeal candidate?
No — 1645 Terrace Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$284.5K
2026 Q4
$289.4K
ZIP 60430 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Rd