All brick 4 plex building with parking in rear. Some recent updates. 3 units are currently rented. Unit 2S is currently a vacant 2 Bedroom unit. The remainder units are all with long term tenants. .. 6,20, and 25 years! Parking in rear of building with parking lot recently repaved and yellow striped. Good investment property. Unit 2S is available if purchaser wants to move into the building. .. (Have the tenants to cover the mortgage while you live rent free!) FHA/VA friendly. .. Current owner wants this sold. .. Don't miss out! Seller owns all appliances. Each unit has separate A/C units
Multi-familyProperty Type
1966Year Built
9,147 sq ftLot Size
8 spacesParking
Listed by Carolyn Moore-Washington• Coldwell Banker Realty
All brick 4 unit well maintained building, fully rented, tenants pay for gas and electric, extra income from coin op washer/dryer, central air, close to schools, transportation, expressways, shopping. Great Homewood Schools! Call to find out how to make over $1000/month income!!
Public Records
Apr 26, 2001
Sold
$245,000
Public Records
May 18, 1987
Sold
$135,000
Year
Property tax
Land + Additions
Assessment*
2023
$17,569 (+10.6%)
$3,952 + $37,047
$40,999
2022
$15,890 (+7.2%)
$3,487 + $26,132
$29,619
2021
$14,817 (+3.3%)
$3,487 + $26,132
$29,619
2020
$14,343 (−2.0%)
$3,487 + $26,132
$29,619
2019
$14,643 (+3.3%)
$3,255 + $25,910
$29,165
2018
$14,173 (−0.1%)
$3,255 + $25,910
$29,165
2017
$14,189 (+14.0%)
$3,255 + $25,910
$29,165
2016
$12,445 (+1.0%)
$3,022 + $22,041
$25,063
2015
$12,327 (+1.9%)
$3,022 + $22,041
$25,063
2014
$12,094 (+26.6%)
$3,022 + $22,041
$25,063
2013
$9,554 (+1.5%)
$3,022 + $21,168
$24,190
2012
$9,416 (+4.9%)
$3,022 + $21,168
$24,190
2011
$8,973 (−4.9%)
$3,022 + $21,168
$24,190
2010
$9,436 (+7.4%)
$3,022 + $25,389
$28,411
2009
$8,786 (+5.8%)
$3,022 + $25,389
$28,411
2008
$8,304 (+1.3%)
$4,836 + $25,070
$29,906
2007
$8,199
$4,464 + $23,641
$28,105
Tax history for 938 Elder Rd
Year
Property tax
Land + Additions
Assessment*
2023
$17,569 (+10.6%)
$3,952 + $37,047
$40,999
2022
$15,890 (+7.2%)
$3,487 + $26,132
$29,619
2021
$14,817 (+3.3%)
$3,487 + $26,132
$29,619
2020
$14,343 (−2.0%)
$3,487 + $26,132
$29,619
2019
$14,643 (+3.3%)
$3,255 + $25,910
$29,165
2018
$14,173 (−0.1%)
$3,255 + $25,910
$29,165
2017
$14,189 (+14.0%)
$3,255 + $25,910
$29,165
2016
$12,445 (+1.0%)
$3,022 + $22,041
$25,063
2015
$12,327 (+1.9%)
$3,022 + $22,041
$25,063
2014
$12,094 (+26.6%)
$3,022 + $22,041
$25,063
2013
$9,554 (+1.5%)
$3,022 + $21,168
$24,190
2012
$9,416 (+4.9%)
$3,022 + $21,168
$24,190
2011
$8,973 (−4.9%)
$3,022 + $21,168
$24,190
2010
$9,436 (+7.4%)
$3,022 + $25,389
$28,411
2009
$8,786 (+5.8%)
$3,022 + $25,389
$28,411
2008
$8,304 (+1.3%)
$4,836 + $25,070
$29,906
2007
$8,199
$4,464 + $23,641
$28,105
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
7
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
9,300 Sq. Ft.
Year renovated
—
Sq. Ft.
4,800
Year built
1965
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
29324070040000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 11, 2026.
R-4
Multiple-Family Residence District
The purpose of the R-4 multiple-family residence district is to promote and maintain the development of multiple-family dwelling units, attached single-family dwelling units, legally established single-family detached residences, and limited other public and institutional uses that are compatible with the surrounding residential neighborhoods. The standards are intended to provide for convenient living at higher densities characteristic of mid-rise buildings.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Oct 31, 2024 • Final
Building
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Cars: 8
# of Exterior Parking Spaces: 8
Parking Space(s)
Parking On-Site
Parking Ownership: Owned Parking
Interior
Bedroom Information
# of Bedrooms: 7
# of Bedrooms (Above Grade): 7
Bathroom Information
# of Baths (Full): 4
Heating & Cooling
Gas Heating
Community Information
Curbs/Gutters, Sidewalks, Street Lights, Paved Street
Unit 1 Information
# of Rooms: 4
# of Beds: 2
# of Baths (Full): 1
Floor #: 1
Stove, Refrigerator
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Rent: $900
Security Deposit: $850
Lease Expiration Date: 08/18
Unit 2 Information
# of Rooms: 3
# of Beds: 1
# of Baths (Full): 1
Floor #: 1
Stove, Refrigerator
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Rent: $800
Security Deposit: $600
Lease Expiration Date: 07/18
Unit 3 Information
# of Rooms: 4
# of Beds: 2
# of Baths (Full): 1
Floor #: 2
Stove, Refrigerator
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Rent: $900
Security Deposit: $650
Lease Expiration Date: 08/18
Unit 4 Information
# of Rooms: 4
# of Beds: 2
# of Baths (Full): 1
Floor #: 2
Stove, Refrigerator
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Exterior
Building Information
# of Units: 4
Built Before 1978
Age: 51-60 Years
Brick Exterior
Concrete Foundation
Asphalt/Glass Roof (Shingles)
Lot Information
Dimensions: 45 X 140
Less Than .25 Acre
Zoning: MULTI
Property Information
# of Rooms: 15
Ownership: Fee Simple
School Bus Service, Interstate Access
Parcel Identification Number: 29324070040000
Financial
Financial Information
Tax: $12,444.62
Tax Year: 2016
Special Service Area: N
Finance Code: Conventional
Utilities
Utility Information
Water: Lake Michigan
Sewer (Public)
Location
School Information
Elementary School District: 153
Junior High District: 153
High School District: 233
Location Information
Township: THORNTON
Corporate Limits: HOMEWOOD
Directions: 183rd east from Dixie HWY to Morgan, south to Elder, east to property
Public facts
Beds: 7
Baths: 4.0
Sq. Ft.: 4,800
Stories: 2.0
Lot Size: 9,300 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1965
Year Renovated: —
County: Cook County
APN: 29324070040000
Home facts updated by county records on Jul 11, 2026
Other
Listing Information
Possession: Closing, Tenant's Rights
Holds Earnest Money: Yes
Seller Concessions: No
Around this home
Schools
Places
Transit
Willow School
Public PreK-2 • Assigned • 1.0mi
James Hart School
Public 6-8 • Assigned • 0.1mi
7/10
Homewood-Flossmoor High School
Public 9-12 • Assigned • 2.8mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Homewood, IL • 60430
Average low and high temperatures (°F)
30
16
39
23
56
34
63
43
69
49
82
63
86
69
83
65
80
59
69
49
51
37
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
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