Seller's Agent in 2025
Salvatore Demma
Century 21 Langos & Christian
(847) 997-4413
1 in this area
5 Total Sales
Towne Center 1600 E Thacker St Unit 706 Floor 7 Des Plaines, IL 60016
1
Bed
1
Bath
--
Sq Ft
$263/mo
HOA Fee
Highlights
- Balcony
- Resident Manager or Management On Site
- No Interior Steps
- Central Elementary School Rated A
- Laundry Room
- 4-minute walk to Central Park
About This Home
As of November 2025Don't miss this incredible opportunity to own a spacious, freshly painted condo in a beautifully maintained building with a well-managed association. Enjoy peace of mind with strong financial reserves and a low monthly assessment. This lovingly cared-for unit features a functional layout with in-unit laundry, a large private balcony perfect for relaxing or entertaining, one heated garage parking space, and an additional storage closet. Located just minutes from the Metra, I-294, O'Hare Airport, and a wide array of shopping, dining, and everything downtown Des Plaines has to offer, this home combines comfort, convenience, and value. Schedule your showing today. This one won't last!
Last Agent to Sell the Property
Century 21 Langos & Christian License #475167192 Listed on: 09/17/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,968
Year Built
- Built in 1994
HOA Fees
- $263 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 7th floor
- Brick Exterior Construction
Interior Spaces
- Family Room
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Halls are 36 inches wide or more
- Wheelchair Access
- Accessibility Features
- Doors are 32 inches wide or more
- No Interior Steps
Outdoor Features
Schools
- Central Elementary School
- Chippewa Middle School
- Maine West High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 78 Units
- Association Phone (847) 813-5139
- Towne Center
- Property managed by Mckenzie Managment
- 7-Story Property
Amenities
- Community Storage Space
- Elevator
Pet Policy
- Limit on the number of pets
- Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2025
Closed on
Nov 17, 2025
Sold by
Daniel A Pepsnik Revocable Trust and Roseann Pepsnik Revocable Trust
Bought by
Mercer Margaret T
Seller's Agent
Salvatore Demma
Century 21 Langos & Christian
Buyer's Agent
Van Ann Kim
Compass
List Price
$220,000
Sold Price
$220,000
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.91%
Original Mortgage
$176,000
Outstanding Balance
$176,000
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$43,562
Purchase Details
Closed on
Jun 26, 2020
Sold by
Pepsnik Daniel A and Pepsnik Roseann
Bought by
Pepsnik Daniel A and Pepsnik Roseann
Purchase Details
Listed on
Oct 5, 2012
Closed on
Oct 31, 2012
Sold by
Chicago Title Land Trust Co
Bought by
Pepsnik Daniel A and Pepsnik Roseann M
Seller's Agent
Linda Lee
HomeSmart Connect LLC
Buyer's Agent
Sharon Scianna
Century 21 Circle
List Price
$79,900
Sold Price
$64,000
Premium/Discount to List
-$15,900
-19.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$51,200
Interest Rate
3.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 14, 2004
Sold by
Reinisch Otto L
Bought by
Lasalle Bank Na and Trust #133057
Purchase Details
Closed on
Jun 24, 1994
Sold by
Norwood Builders Inc
Bought by
Reinisch Otto L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,900
Interest Rate
8.78%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $220,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Trustee Deed | $64,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $107,000 | Intercounty Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $176,000 | New Conventional | |
| Previous Owner | $51,200 | New Conventional | |
| Previous Owner | $66,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | Sold | $220,000 | 0.0% | -- | |
| 09/19/2025 09/19/25 | Pending | -- | -- | -- | |
| 09/17/2025 09/17/25 | For Sale | $220,000 | +243.8% | -- | |
| 11/05/2012 11/05/12 | Sold | $64,000 | -19.9% | -- | View Prior Sale |
| 10/08/2012 10/08/12 | Pending | -- | -- | -- | |
| 10/05/2012 10/05/12 | For Sale | $79,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,968 | $14,573 | $455 | $14,118 |
| 2023 | $2,869 | $14,573 | $455 | $14,118 |
| 2022 | $2,869 | $14,573 | $455 | $14,118 |
| 2021 | $2,422 | $11,211 | $369 | $10,842 |
| 2020 | $2,450 | $11,211 | $369 | $10,842 |
| 2019 | $2,440 | $12,494 | $369 | $12,125 |
| 2018 | $1,698 | $9,113 | $326 | $8,787 |
| 2017 | $1,686 | $9,113 | $326 | $8,787 |
| 2016 | $1,838 | $9,113 | $326 | $8,787 |
| 2015 | $1,608 | $7,943 | $284 | $7,659 |
| 2014 | $1,591 | $7,943 | $284 | $7,659 |
| 2013 | $1,533 | $7,943 | $284 | $7,659 |
Source: Public Records
Agents Affiliated with this Home
-
Salvatore Demma
-
Van Ann Kim
Buyer's Agent in 2025
Van Ann Kim
Compass
(847) 707-7190
2 in this area
65 Total Sales
-
Linda Lee
Seller's Agent in 2012
Linda Lee
HomeSmart Connect LLC
(773) 343-7119
5 in this area
48 Total Sales
-
J
Seller Co-Listing Agent in 2012
Jamie Tinaglia Lee
Century 21 McMullen Real Estate Inc
-
Sharon Scianna
Buyer's Agent in 2012
Sharon Scianna
Century 21 Circle
(630) 514-0743
1 in this area
33 Total Sales
About Towne Center
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12467937
APN: 09-20-202-042-1071
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