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  3. Homewood, IL
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  5. Homewood Terrace Condominiums
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Homewood Terrace Condominiums

943 Olive Road, Homewood, IL, 60430 |Homewood Terrace Condominiums

YEAR BUILT

1971

# STORIES

2

# TOTAL UNITS

11

UNIT SIZE RANGE

1,150-1,250 sqft

Description

Homewood Terrace Condominiums are located on Olive Road in Homewood. This low-rise building has 2 stories and includes 11 units. Built in 1971, the structure gives residents a mix of charm and modern living. Each unit ranges from 1,150 to 1,250 square feet. Prices for the available units are between $115,000 and $123,000. The average price is $123,000, making it a reasoned choice for potential buyers. Recently, homes have sold in an average of 49 days. Residents can enjoy access to a private patio. This outdoor space provides a spot to relax and socialize. The area has nearby dining options, such as Harold’s Chicken, for a quick bite. Local grocery needs are met at shops like Aljoud Market LLC. Parking is available, making it easier for residents and guests. Although the building is close to roads, it still feels like a cozy neighborhood. It is convenient for getting around town and reaching nearby attractions. Living here provides a friendly atmosphere with an active community. The building layout and location offer a quiet lifestyle. It is a short drive to local water bodies, encouraging outdoor activities and scenic views. Overall, the building provides comfort and accessibility in a welcoming area.

Building ImageMLS ID #12268808
Building ImageMLS ID #11625938
Building Image
Building ImageView Listing

Homewood Terrace Condominiums

943 Olive Road, Homewood, IL, 60430

|Homewood Terrace Condominiums

YEAR BUILT

1971

# STORIES

2

# TOTAL UNITS

11

UNIT SIZE RANGE

1,150-1,250 sqft

Description

Homewood Terrace Condominiums are located on Olive Road in Homewood. This low-rise building has 2 stories and includes 11 units. Built in 1971, the structure gives residents a mix of charm and modern living. Each unit ranges from 1,150 to 1,250 square feet. Prices for the available units are between $115,000 and $123,000. The average price is $123,000, making it a reasoned choice for potential buyers. Recently, homes have sold in an average of 49 days. Residents can enjoy access to a private patio. This outdoor space provides a spot to relax and socialize. The area has nearby dining options, such as Harold’s Chicken, for a quick bite. Local grocery needs are met at shops like Aljoud Market LLC. Parking is available, making it easier for residents and guests. Although the building is close to roads, it still feels like a cozy neighborhood. It is convenient for getting around town and reaching nearby attractions. Living here provides a friendly atmosphere with an active community. The building layout and location offer a quiet lifestyle. It is a short drive to local water bodies, encouraging outdoor activities and scenic views. Overall, the building provides comfort and accessibility in a welcoming area.

Next

Description

Homewood Terrace Condominiums are located on Olive Road in Homewood. This low-rise building has 2 stories and includes 11 units. Built in 1971, the structure gives residents a mix of charm and modern living. Each unit ranges from 1,150 to 1,250 square feet. Prices for the available units are between $115,000 and $123,000. The average price is $123,000, making it a reasoned choice for potential buyers. Recently, homes have sold in an average of 49 days. Residents can enjoy access to a private patio. This outdoor space provides a spot to relax and socialize. The area has nearby dining options, such as Harold’s Chicken, for a quick bite. Local grocery needs are met at shops like Aljoud Market LLC. Parking is available, making it easier for residents and guests. Although the building is close to roads, it still feels like a cozy neighborhood. It is convenient for getting around town and reaching nearby attractions. Living here provides a friendly atmosphere with an active community. The building layout and location offer a quiet lifestyle. It is a short drive to local water bodies, encouraging outdoor activities and scenic views. Overall, the building provides comfort and accessibility in a welcoming area.

Homewood Terrace Condominiums Market Stats Last 12 months

Avg. Listed Price$119,000

Avg. Sale Price$123,000
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market49 days

Average HOA fees per sqft-
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market49 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Homewood Terrace Condominiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 5A5A-21492025-02-28
MLS#: 12268808
Closed$123,000
Unit 3A3A120022392022-10-18
MLS#: 11625938
Closed$115,000
Unit 4B4B-22272022-07-25
MLS#: 11448461
Closed$115,000
Unit 3A
3A

2 Beds

2 Baths

1200 sqft


DateStatusPrice
2022-10-18Closed$115,000
MLS#: 11625938
Days On Market39
Unit 4B
4B

2 Beds

2 Baths

0 sqft


DateStatusPrice
2022-07-25Closed$115,000
MLS#: 11448461
Days On Market27
Unit 5A
5A

2 Beds

1 Baths

0 sqft


DateStatusPrice
2025-02-28Closed$123,000
MLS#: 12268808
Days On Market49
View Complete Unit Listing HistorySource By: MRED

Amenities

Homewood Terrace offers some delightful amenities that enhance everyday living. Picture yourself unwinding after a long day on the lovely patio, enjoying a peaceful evening or hosting friends for a casual gathering. With well-maintained common areas, you can feel proud of where you live, enriching your everyday life with a sense of comfort and ease.

Next

Amenities Description

Homewood Terrace offers some delightful amenities that enhance everyday living. Picture yourself unwinding after a long day on the lovely patio, enjoying a peaceful evening or hosting friends for a casual gathering. With well-maintained common areas, you can feel proud of where you live, enriching your everyday life with a sense of comfort and ease.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Patio

Patio

Storage

Storage

Balcony

Balcony

Policies

One of the highlights of Homewood Terrace is its pet-friendly policy! If you have furry companions, you'll be pleased to know that both cats and dogs are welcome here—all while enjoying the tranquility of condominium living. Do keep in mind that there are some size limits, but this flexibility certainly adds to the building's appeal to young buyers and pet owners alike.

Next

Amenities Description

One of the highlights of Homewood Terrace is its pet-friendly policy! If you have furry companions, you'll be pleased to know that both cats and dogs are welcome here—all while enjoying the tranquility of condominium living. Do keep in mind that there are some size limits, but this flexibility certainly adds to the building's appeal to young buyers and pet owners alike.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Homewood Terrace Condominiums--
18206 Hart St$113/sqft.$3 /sqft.
Homewood Terrace Condominiums$113/sqft.$3 /sqft.
Ridgeview Condominiums$128/sqft.$4 /sqft.
Ridgeview Condominiums$113/sqft.$4 /sqft.
956 Olive Rd$113/sqft.$4 /sqft.

Nearby Schools

Discover top-rated schools located close to Homewood Terrace Condominiums.

James Hart School

C+
Public|Grades 6–8
18220 Morgan St|0.19 miles away

Longwood Elementary School

C
Public|Grades PK–4
441 N Longwood Dr|0.89 miles away

Willow School

--
Public|Grades PK–2
1804 Willow Rd|1.41 miles away

Bright Start Child Care

--
Private|Grades PK–KG
1800 Ridge Rd|1.41 miles away

Hello Montessori Preschool & Kindergarten

--
Private|Grades PK–KG
18850 Riegel Rd|1.46 miles away

Glenwood Academy

--
Private|Grades 2–8
500 W 187th St|1.48 miles away
Next

Schools

James Hart School

C+
Public|Grades 6–8
18220 Morgan St|Less than 1 Mile Away

Longwood Elementary School

C
Public|Grades PK–4
441 N Longwood Dr|Less than 1 Mile Away

Willow School

--
Public|Grades PK–2
1804 Willow Rd|1.41 Miles Away

Bright Start Child Care

--
Private|Grades PK–KG
1800 Ridge Rd|1.41 Miles Away

Hello Montessori Preschool & Kindergarten

--
Private|Grades PK–KG
18850 Riegel Rd|1.46 Miles Away

Glenwood Academy

--
Private|Grades 2–8
500 W 187th St|1.48 Miles Away

Winston Churchill School

B+
Public|Grades 3–5
1300 190th St|1.51 Miles Away

Wolcott School

B+
Public|Grades KG–8
200 N Wolcott St|1.98 Miles Away

Flossmoor Montessori School

--
Private|Grades PK–1
740 Western Ave|2.62 Miles Away

Serena Hills Elementary School

C-
Public|Grades KG–5
255 Pleasant Dr|2.67 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Halsted St & Elder Rd

0.34 miles away|7 min walk

Halsted St & Ridge Rd

0.35 miles away|7 min walk

Halsted / Ridge

0.35 miles away|7 min walk

Halsted St & 183rd St

0.42 miles away|8 min walk

Halsted / Boston Market / L.J.S.

0.47 miles away|9 min walk

17855 Halsted St

0.54 miles away|11 min walk
Next

Transit

Halsted St & Elder Rd

0.34 miles away|7 min walk

Halsted St & Ridge Rd

0.35 miles away|7 min walk

Halsted / Ridge

0.35 miles away|7 min walk

Halsted St & 183rd St

0.42 miles away|8 min walk

Halsted / Boston Market / L.J.S.

0.47 miles away|9 min walk

17855 Halsted St

0.54 miles away|11 min walk

Pace Homewood Park-n-Ride

0.55 miles away|11 min walk

Halsted St & Maple Ave

0.63 miles away|13 min walk

Halsted St & Strieff Ln

0.73 miles away|14 min walk

17579 Halsted St

0.85 miles away|17 min walk

Halsted St & 187th St

1.03 miles away|20 min walk

Halsted St & 175th St

1.06 miles away|21 min walk

Halsted St & 174th St

1.27 miles away|25 min walk

Halsted St & Bowling Green Dr

1.45 miles away|28 min walk

19000 Halsted St / Army Reserve Center

1.58 miles away|31 min walk

Dixie Hwy & Ridge Rd

1.7 miles away|33 min walk

183rd St & Dixie Hwy

1.71 miles away|33 min walk

Dixie Hwy & Elm Rd

1.72 miles away|33 min walk

Dixie Hwy & 183rd St

1.73 miles away|34 min walk

Ridge Rd & Martin Ave

1.77 miles away|34 min walk

Dixie Hwy & Maple Rd

1.85 miles away|36 min walk

Dixie Hwy & Cedar Rd

1.86 miles away|36 min walk

183rd St & Morris Ave

1.9 miles away|37 min walk

Calumet

1.93 miles away|37 min walk

Homewood

1.93 miles away|37 min walk

Calumet Metra Station

1.93 miles away|38 min walk

Homewood Metra Station

1.94 miles away|38 min walk

Dixie Hwy & 175th St

1.98 miles away|38 min walk

183rd St & Harwood Ave

1.98 miles away|38 min walk

Harwood Ave & 183rd St

1.98 miles away|39 min walk

Halsted St & Holbrook Rd

1.99 miles away|39 min walk

Williams St & Margaret St

2.03 miles away|39 min walk

Wood St & 172nd Rd

2.05 miles away|40 min walk

Wood St & 172nd Pl

2.07 miles away|40 min walk

Halsted St & 172nd St / 171st St

2.07 miles away|40 min walk

Williams St & Eleanor St

2.1 miles away|41 min walk

Eleanor St & Julian St

2.2 miles away|43 min walk

Hazel Crest

2.25 miles away|44 min walk

Wood St & 170th St

2.34 miles away|45 min walk

Halsted St & 195th St

2.35 miles away|46 min walk

Eleanor St & Blackstone St

2.38 miles away|46 min walk

183rd St & Western Ave

2.39 miles away|46 min walk

Halsted St & 167th St

2.43 miles away|47 min walk

Wood St & Charleston Ln

2.53 miles away|49 min walk

Chicago Rd & Queens Ln

2.61 miles away|50 min walk

183rd St & Stewart Ave

2.61 miles away|51 min walk

501 Chicago Rd

2.63 miles away|51 min walk

The Neighbourhood: Homewood Terrace Condominiums

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Homewood Terrace Condominiums Demographics

Age Demographics

0–14 Years

24.74%

15–29 Years

16.86%

30–44 Years

18.88%

45–59 Years

20.05%

60+ Years

19.48%

Commute

7.2%

Transit

3.98%

Walk

80.22%

Drive

0.22%

Bike

Housing Ownership

78.2%

Owner Occupied

21.8%

Rental Units

Household Types

Single Family
26.7%
Multi Family
13.86%
Single Person
26.96%
Multi Person
73.04%

Average Income

Household:$8,226,101.36 /yr

Individual:$3,420,128.15 /yr

Education

Bachelors Degree24.98%
High School College19.05%
Diploma9.15%
Post Graduate16.14%
Others30.68%
Next

Education

Diploma9.15%
Post Graduate16.14%
Others30.68%
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