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    Property profile & analytics

    911 Elder Rd Homewood, IL 60430-2533

    • Residential income homes
    • 4,800 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Apr 06, 2023
    $350,000
    Location Intelligence
    Property ID
    US28-1057528
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 911 Elder Rd

    Year built
    1963
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Property size
    4,800 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    29-32-408-010
    APU
    2932408010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $310,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $285,000
      Retail
      $290,000
      Mixed-Use
      $320,000
      Hospitality
      $315,000
      Educational
      $310,000
      Residential Income
      $280,000
      Energy
      $375,000
      Income-Based Land
      $270,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Homewood
    County
    Cook
    State
    Illinois
    Longitude
    -87.639
    Latitude
    41.5577
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $15,483
    $3,812
    $25,049
    $28,861
    -
    $38,120
    $250,490
    $288,610

    Comparable in this City

    • Value Estimation by Request
      4,800 SF

      927 Elder Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,800 SF
      927 Elder Rd, Homewood, IL 60430-2537
      View Details
    • Value Estimation by Request
      4,800 SF

      956 Elder Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,800 SF
      956 Elder Rd, Homewood, IL 60430-2521
      View Details
    • Value Estimation by Request
      4,800 SF

      931 Elder Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,800 SF
      931 Elder Rd, Homewood, IL 60430-2539
      View Details
    • Value Estimation by Request
      4,800 SF

      938 Elder Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,800 SF
      938 Elder Rd, Homewood, IL 60430-2524
      View Details
    • Value Estimation by Request
      4,800 SF

      923 Elder Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,800 SF
      923 Elder Rd, Homewood, IL 60430-2536
      View Details
    • Value Estimation by Request
      6,100 SF

      18147 Harwood Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,100 SF
      18147 Harwood Ave, Homewood, IL 60430-2122
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

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      Retail Space Near Jewel-Osco

      Retail space shadow-anchored by Jewel-Osco in Homewood, Illinois.
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      Retail Space Near Retail Corridor

      Retail space on busy Halsted Street near major retailers.
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      Homewood Retail Space Available

      Prime Retail, High Visibility, Ample Parking
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      View Details
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    911 Elder Rd
    Homewood, IL 60430-2533
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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