$160,000
SOLD MAY 8, 2025

477 Graceland Ave Unit 4D Des Plaines, IL 60016

1 Bed
1 Bath
635 Sq Ft
$311/mo HOA Fee

Recently Sold

$252 Per Sq Ft

1% Below List Price

11 Days on Market

Highlights

  • Elevator
  • Formal Dining Room
  • Laundry Room
  • Maine West High School Rated A-
  • Living Room
  • 4-minute walk to Menominee Park

About This Home

As of May 2025

Don't miss this wonderful opportunity to own a top floor, sunny corner unit with treetop views in fantastic downtown location. Walking distance to the Metra, Library, newly renovated Des Plaines Theater and beloved Choo-Choo diner. This inviting condo has been well maintained by longtime owners and offers numerous updates including kitchen cabinets and appliances, bathroom sink, backsplash and flooring as well as new foyer flooring and closet doors, custom barn door in transitional space and newer windows. Laundry and storage conveniently located across the hall from the condo and assigned parking in back. Self-managed building with low HOA. Move right in and began making memories!

Last Agent to Sell the Property

Elizabeth McManus

Baird & Warner License #475127069 Listed on: 03/28/2025

Baird & Warner

Last Buyer's Agent

Dennis Lai

Best Realty USA License #475154182

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,271

Year Built

  • Built in 1974 | Remodeled in 2015

HOA Fees

  • $311 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 635 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Range with Range Hood
  • Laundry Room

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Included in Price
  • Assigned Parking

Schools

  • North Elementary School
  • Chippewa Middle School
  • Maine West High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 30 Units
  • Jeff Duncan Association, Phone Number (847) 708-5095

Amenities

  • Coin Laundry
  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,271

Year Built

Built in 1974 | Remodeled in 2015

Lot Details

0

HOA Fees

$311 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 4
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1974
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Refrigerator, Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 635
  • Room Type: Foyer
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 311
  • Association Amenities: Coin Laundry, Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Jeff Duncan
  • Management Phone: 847-708-5095
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: North Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Chippewa Middle School

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2271
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Apr 28, 2025
Sold by
Jablanovic Branko and Lukovic Dragica
Bought by
Castillo Aldwin M
Seller's Agent
Elizabeth McManus
Baird & Warner
Buyer's Agent
Dennis Lai
Best Realty USA
List Price
$162,000
Sold Price
$160,000
Premium/Discount to List
-$2,000
-1.23%
Views
51
Current Estimated Value
$161,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,966
Avg. Annual Appreciation
2.13%
Original Mortgage
$96,000
Outstanding Balance
$94,308
Interest Rate
5.82%
Mortgage Type
New Conventional
Estimated Equity
$67,658

Purchase Details

Closed on
Apr 5, 2004
Sold by
Begale Thomas F
Bought by
Jablanovic Branko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Begale Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 None Listed On Document
Warranty Deed -- 1St American Title
Trustee Deed $61,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,000 New Conventional
Previous Owner $92,800 Purchase Money Mortgage
Previous Owner $30,000 No Value Available
Closed $23,200 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2025 05/08/25 Sold $160,000 -1.2% $252 / Sq Ft
04/08/2025 04/08/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $162,000 -- $255 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $2,271 $11,929 $600 $11,329
2023 $2,189 $11,929 $600 $11,329
2022 $2,189 $11,929 $600 $11,329
2021 $1,824 $9,263 $487 $8,776
2020 $1,862 $9,263 $487 $8,776
2019 $1,855 $10,323 $487 $9,836
2018 $753 $5,952 $431 $5,521
2017 $757 $5,952 $431 $5,521
2016 $960 $5,952 $431 $5,521
2015 $832 $5,374 $375 $4,999
2014 $830 $5,374 $375 $4,999
2013 $792 $5,374 $375 $4,999
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12319453

Midwest Real Estate Data (MRED)

APN: 09-17-402-173-1026