Homewood Terrace Condominiums
840 Elder Road, Homewood, IL, 60430
Year Built
1977
# Stories
4
# Total Units
69
Unit Size Range
1,050-1,150 sqft
Unit Demand
Low
Unit Availability
Low
About Homewood Terrace Condominiums
Homewood Terrace Condominiums at 840 Elder Road stands as a four-story residential building completed in 1977. This well-maintained structure is designed to provide comfort and convenience, featuring spacious 1, 2, and 3-bedroom units. Each unit is equipped with essential facilities to support a modern lifestyle. The building offers practical amenities, such as a dedicated parking area, a community laundry room, and a storage space for residents. Although it is not located on the waterfront, Homewood Terrace provides easy access to nearby parks and recreational facilities for outdoor activities and leisure. Constructed with durability in mind, the building exhibits a sturdy brick exterior and functional design elements that have withstood the test of time. The surrounding environment is characterized by its suburban charm, with tree-lined streets and a welcoming community atmosphere. Its strategic location benefits from proximity to shopping centers, dining establishments, and local schools, enhancing everyday convenience for residents. Additionally, Homewood Terrace’s address within zip code 60430 ensures connection to essential services and transportation links, making it a practical choice for individuals and families seeking a balanced residential setting.
Amenities
Homewood Terrace packs in an impressive lineup of amenities that will have you feeling right at home. Complete with an indoor pool and a spacious exercise room, staying fit and relaxed is easy. The property features an inviting sauna, steam room, and even a clubhouse for social gatherings or quiet nights in. Want to soak up the sun? The sundeck is a perfect spot to catch some rays. And for those who enjoy outdoor activities, you’ll love the bike room and the nearby trails for cycling and walking. These perks make condo living at Homewood Terrace not just convenient but a lifestyle choice you’ll treasure.
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
It’s essential to know what to expect with building policies, especially for pet lovers. At Homewood Terrace, cats are welcome, while dogs are subject to certain size restrictions, so your furry friends are mostly accommodated. The policies include a deposit requirement and an additional pet rent, ensuring that everyone follows the rules that keep the community feeling its best.
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
Homewood Terrace Condominiums Market Report (last 12 months)
17.83%
3
67 27.83%
3Homewood Terrace Condominiums Sales History
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
 | A116 | 650 | 1 | 1 | 51 | 2025-06-02 MLS#: 12331984 | Closed | $114,900 |
 | 302 | 950 | 2 | 2 | 52 | 2025-02-27 MLS#: 12265064 | Closed | $131,200 |
 | A301 | 800 | 2 | 2 | 96 | 2024-09-16 MLS#: 12081397 | Closed | $135,000 |
2 Beds
2 Baths
950 sqft
| Date | Status | Price |
|---|---|---|
| 2025-02-27 | Closed | $131,200 |
1 Beds
1 Baths
650 sqft
| Date | Status | Price |
|---|---|---|
| 2025-06-02 | Closed | $114,900 |
2 Beds
2 Baths
800 sqft
| Date | Status | Price |
|---|---|---|
| 2024-09-16 | Closed | $135,000 |
The Neighborhood :
Living in Homewood Terrace Condominiums
Condo Living at Homewood Terrace Condominiums, located at 840 ELDER ROAD, HOMEWOOD, IL:
Homewood Terrace Condominiums is a delightful gem nestled in the friendly neighborhood of Homewood, Illinois. Built in 1977, this four-story building offers a welcoming atmosphere perfect for first-time buyers looking for a cozy yet vibrant community. With a charming aesthetic, the building features 69 units that boast a range of sizes, between 1,050 and 1,150 square feet, catering to different lifestyles and needs.
Building Features and Unit Availability:
When it comes to availability, Homewood Terrace Condominiums currently faces a low inventory situation, which might ignite your home-buying senses! With only a handful of units available, prospective buyers will want to act quickly. The average closed price at this building is around $112,050, making it both reasonable and attainable for those navigating their first home purchase. The price per square foot stands at $131, offering an attractive option when you consider the value and amenities at your disposal. Prospective buyers may find that condos here typically spend around 62 days on the market, giving you a little time to decide but not too much!
Life at Homewood Terrace Condominiums:
Living at Homewood Terrace means becoming part of a diverse community that resonates with young professionals and families. The mix of adults and kids creates a lively atmosphere filled with opportunities to meet neighbors and forge new friendships. Here, you can enjoy a peaceful yet engaging lifestyle without sacrificing proximity to essential services and activities.
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