Sold
Last Sold Price
7 beds
932 Elder Rd, Homewood, IL 60430
Multi FamilyProperty Type
9,147 sq ftLot Size
1966Year Built
4 carsParking Spaces

Description

Great investment opportunity, solid brick 4 unit building close to shopping, transportation and in an excellent school district. Fully occupied with high rents. Tenants pay electric and gas for their apartment. Newer roof and newer furnaces. Recently updated units and coin op washer and dryer for extra income. Great Homewood schools, easy to rentGreat investment opportunity, solid brick 4 unit building close to shopping, transportation and in an excellent school district. Fully occupied with high rents. Tenants pay electric and gas for their apartment. Newer roof and newer furnaces. Recently updated units and coin op washer and dryer for extra income. Great Homewood schools, easy to rent

    Sold By Coldwell Banker Residential

    • Listed by: Richard 708.268.4530 rick_peretz@yahoo.com • HF Realty
    Listing closed: 07/17/2018 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09894532

    Recent comparable sales

    Median sold price

    $400,000

    Avg days on market

    53

    Sale-to-list ratio

    95.3%

    Homewood, IL

    9 comparable properties found

    $525,000 | 916 Elder Road, Homewood, IL 60430
    1/7
    1

    $525,000

    Sold 03/21/25

    7
    Bedrooms
    Unavailable
    Square Feet
    0.31
    Acres
    $400,000 | 17926 La Haigh Road, Homewood, IL 60430
    1/40
    2

    $400,000

    Sold 06/03/26

    6
    Bedrooms
    1,925
    Square Feet
    0.24
    Acres
    $400,000 | 1740 Burr Oak Road, Homewood, IL 60430
    1/37
    3

    $400,000

    Sold 04/21/25

    5
    Bedrooms
    2,400
    Square Feet
    0.24
    Acres
    $343,000 | 18842 Morgan Avenue, Homewood, IL 60430
    1/27
    4

    $343,000

    Sold 06/30/26

    4
    Bedrooms
    2,644
    Square Feet
    Unavailable
    Acres
    $410,000 | 18229 Riegel Road, Homewood, IL 60430
    1/41
    5

    $410,000

    Sold 08/15/25

    4
    Bedrooms
    3,840
    Square Feet
    0.47
    Acres
    a view of a house with yard and patio
    6

    $420,000

    Sold 05/12/26

    4
    Bedrooms
    2,757
    Square Feet
    0.15
    Acres
    $363,000 | 18327 Aberdeen Street, Homewood, IL 60430
    1/26
    7

    $363,000

    Sold 03/17/25

    4
    Bedrooms
    2,155
    Square Feet
    0.21
    Acres
    $535,000 | 17710 Presidents Drive, Homewood, IL 60430
    1/35
    8

    $535,000

    Sold 09/30/25

    5
    Bedrooms
    3,000
    Square Feet
    0.22
    Acres
    $279,000 | 939 Coach Road, Homewood, IL 60430
    1/16
    9

    $279,000

    Sold 05/11/26

    4
    Bedrooms
    1,712
    Square Feet
    0.24
    Acres

    Location

    Add your commute

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    OriginPoint Mortgage or Rocket Mortgage1

    $2,695 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $1,679

    Property Taxes

    $1,016

    HOA Dues

    $0

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    Property Information for 932 Elder Road

    Property Details
    • Taxes: $12,192 / year
    • MLS Type: Two to Four Units / 4 Flat
    • County: Cook County
    • Area: Homewood
    • Township: THORNTON
    • Ownership: Fee Simple
    • Num Of Cars: 4.0
    • Heat/Fuel: Forced Air
    • Zoning: MULTI
    Building Information
    • Residences: 4
    • Year Built: 1966
    • Lot Size: 0.21 AC / 9,147 SF
    General Information
    School Information
    • Elementary School District: 153
    • High School District: 233
    • Middle Or Junior School District: 153
    Addtl Parking Information
    • Parking: Space/s
    • Parking Details: Unassigned
    • Parking On Site: true
    • Parking Ownership: Owned
    Location and General Information
    • Postal Code Plus 4: 2525
    Property Information
    Interior Features
    • Num Of Rooms: 15
    • Bedrooms Total: 7
    • Bedrooms (Below Grade): 0
    • Basement Type: None
    • Bedrooms Possible: 7
    • Basement Description: None
    • Basement Bathrooms: No
    • # Full Baths in Building: 4
    • # Half Baths in Building: 0
    • Num of Baths: 4.0
    Utilities / Equipment
    • Sewer: Sewer-Public, Sewer-Storm
    • Water: Lake Michigan, Public
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 51-60 Years
    • Lot Size: .25-.49 Acre
    • Lot Dimensions: 9300
    • Total # Units in Building: 4.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • Roof Type: Asphalt
    • General Information: School Bus Service,Interstate Access
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Buyer Financing: Conventional, Owner May Help/Assist
    • Photos Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Income & Expenses
    • Gross Income: $48,400.00
    • Other Addl Income: Coin Laundry
    • Net Operating Income: $24,640.00
    • Other Expenses $: 23760
    Unit 1
    • Unit Type Actual Rent: $950.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 12/18
    Unit 2
    • Unit Type Actual Rent: $1,025.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 9/18
    Unit 3
    • Unit Type Actual Rent: $1,025.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Lease Expiration Date: 11/18
    Unit 4
    • Unit Type Actual Rent: $1,025.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 4
    • Lease Expiration Date: 10/18

    Property History for 932 Elder Road

    DateEvent & SourcePriceAppreciation
    Jul 17, 2018

    Sold

    MRED #09894532

    $325,000
    Apr 3, 2018

    Pending

    MRED #09894532

    Mar 23, 2018

    Listed (Active)

    MRED #09894532

    $340,000
    DateEvent & SourcePrice
    07/17/2018

    Sold

    MRED #09894532

    $325,000
    04/03/2018

    Pending

    MRED #09894532

    03/23/2018

    Listed (Active)

    MRED #09894532

    $340,000

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 932 Elder Road

    Taxable ValueLand$3,487Additions$25,331Total$28,818
    Tax Record2021$14,416 ($1,201 / month)
    Home Facts
    Baths4Total Finished SqFt4,800 SqFtAbove Grade Finished SqFt4,800 SqFtStories2Lot Size9,300 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountyCOOKAPN29-32-407-005

    Schools near 932 Elder Road

    This home is within Homewood Flossmoor Chsd 233 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 2
    Public - 3 to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Willow School
    PublicPK to 2

    Winston Churchill School
    Public3 to 5

    James Hart School
    Public6 to 8

    Homewood-Flossmoor High School
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 932 Elder Road, Homewood, IL 60430
    $325,000
    7
    9,147
    $325,000
    4
    4,800
    9,300
    $310,000
    7
    9,147
    $345,901
    7
    9,147
    $299,000
    7
    3,600
    9,147
    $275,000
    4
    4,800
    9,300

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of HF Realty

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 05:26 AM. 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.