NOT LISTED FOR SALE

911 Elder Rd Homewood, IL 60430

7 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold March 30, 2023

Last sale price $350,000

135 Days on Market

Highlights

  • Cul-De-Sac
  • Homewood-Flossmoor High School Rated A-
  • Heating System Uses Steam

About This Home

As of March 2023

The fantastic location makes these units very desirable. The upper level has all hardwood floors under carpet and floor coverings, newer roof, boiler pump, and water heater, in building laundry rooms.

Last Agent to Sell the Property

Richard Mendez

eXp Realty License #475190534 Listed on: 10/03/2022

eXp Realty

Last Buyer's Agent

Jennifer Brooks

Coldwell Banker Realty License #475150792

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,976

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 73x143x118x150
  • Cul-De-Sac

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Homewood-Flossmoor High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,380
  • Fuel Expense $2,160
  • Insurance Expense $1,500
  • Maintenance Expense $5,400
  • Professional Management Expense $600
  • Trash Expense $492
  • Water Sewer Expense $3,180
  • Net Operating Income $44,028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,976

Year Built

Built in 1963

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 600
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Cooktop,Oven/Built-in
  • AppliancesAndFeatures: Stove,Refrigerator,Cooktop,Oven/Built-in

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Cul-De-Sac
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 492
  • Water Sewer Expenses: 3180
  • Other Expenses $: 0
  • Trash Expense Year: 2020

Schools

  • High School: Homewood-Flossmoor High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Dimensions: 73X143X118X150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 44028
  • Fuel Expense: 2160
  • Insurance Expense: 1500
  • ElectricExpense: 1380
  • Maintenance Expense: 5400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 13976.05
  • Tax Year: 2020
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $350,000 -12.5% --
02/16/2023 02/16/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $399,900 +14.3% --
12/02/2022 12/02/22 Off Market $350,000 -- --
11/28/2022 11/28/22 For Sale $399,900 0.0% --
11/15/2022 11/15/22 Pending -- -- --
11/11/2022 11/11/22 Price Changed $399,900 -8.1% --
11/01/2022 11/01/22 For Sale $435,000 0.0% --
10/13/2022 10/13/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $435,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,712 $39,000 $4,321 $34,679
2024 $16,712 $39,000 $4,321 $34,679
2023 $15,483 $39,000 $4,321 $34,679
2022 $15,483 $28,861 $3,812 $25,049
2021 $14,438 $28,861 $3,812 $25,049
2020 $13,976 $28,861 $3,812 $25,049
2019 $14,865 $29,607 $3,558 $26,049
2018 $14,388 $29,607 $3,558 $26,049
2017 $14,404 $29,607 $3,558 $26,049
2016 $13,394 $26,976 $3,303 $23,673
2015 $13,268 $26,976 $3,303 $23,673
2014 $13,018 $26,976 $3,303 $23,673
2013 $11,872 $26,790 $3,303 $23,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11644306

Midwest Real Estate Data (MRED)
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