NOT LISTED FOR SALE

Riverwalk North 545 S River Rd Unit 403A Des Plaines, IL 60016

Estimated Value: $273,000 - $305,000

2 Beds
2 Baths
1,200 Sq Ft
1.94 Acre Lot

Sale Details

Date Sold: November 3, 2022

Last sale price $220,000 $183 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,309 / mo

7 Days on Market

Highlights

  • Lock-and-Leave Community
  • Formal Dining Room
  • Balcony
  • Maine West High School Rated A-
  • Stainless Steel Appliances
  • 1 Car Attached Garage

About This Home

As of November 2022

PERFECTLY LOCATED DOWNTOWN DES PLAINES LOCATION! Enjoy a truly MOVE-IN-READY condo just blocks from Metra, public transportation, restaurants, shopping, entertainment, & the Des Plaines River Trail! As you step into this beautiful building note the freshly painted common areas, upgraded hallway carpet, spacious lobby, & bonus security system/doors! Make your way up to the 4th floor and note the tucked away location of this beautiful unit! Enjoy durable wood-look flooring, an open concept living/dining room, private balcony, upgraded fixtures, fresh neutral paint, & a spacious kitchen! Kitchen boasts UPGRADED STAINLESS STEEL APPLIANCES, views into the dining/living room, GRANITE COUNTERS, a garbage disposal, ample storage space, & room for an island or breakfast bar! This ideal layout offers 2 large bedrooms & 2 FULL BATHROOMS located on opposite sides of the condo! The primary bedroom boasts a spacious closet, PRIVATE EN SUITE, fresh paint, & stunning wood-look flooring! Spend summers enjoying your private balcony- perfect for grilling! Enjoy the convenience of a main floor heated garage, large storage located on the same floor as the condo, a private laundry room, & ample guest parking! NEW FURNACE IN 2020, NEW AC CONDENSER IN 2020, UPGRADED APPLIANCES 2017, TUCK POINTING 2020, UPGRADED WASHER/DRYER, NEW NEST THERMOSTAT 2020, UPGRADED LUXURY VINYL WOOD-LOOK FLOORS 2022, FRESH PAINT 2022. Kick back and relax with a well managed HOA! HOA dues include common insurance, snow removal. exterior maintenance, cooking gas, & water! Ask about the HOA's window replacement project (association gives $1,000 towards the cost)! Peaceful building with concrete walls, incredible location near everything downtown Des Plaines has to offer, well managed HOA, & low taxes! This is the one you've been waiting for! A preferred lender offers a reduced interest rate for this listing.

Last Agent to Sell the Property

Veronica Rodriguez

Redfin Corporation License #475165837 Listed on: 09/30/2022

Last Buyer's Agent

Elizabeth Goodchild

Realty of America License #471009852

Realty of America

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,078

Year Built

  • Built in 1992

Lot Details

  • 1.94

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Visitor Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Display Windows
  • Living Room
  • Formal Dining Room
  • Storage

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, gas, insurance, exterior maintenance, snow removal
  • 48 Units
  • Sales Association, Phone Number (847) 813-5939
  • Property managed by McKenzie Management
  • Lock-and-Leave Community
  • 7-Story Property

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Pets up to 25 lbs
  • Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,078

Year Built

Built in 1992

Lot Details

1.94 Acres

HOA Fees

$316 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1992
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access,Flood Zone,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1200
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Window Features: Display Window(s)
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Visitor Parking
  • ParkingTotal: 1
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Electric, Forced Air, Radiant
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 316
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: McKenzie Management
  • Management Contact Name: Sales
  • Management Phone: 847-813-5939
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Insurance, Exterior Maintenance, 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
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 4078.31
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 48

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 31, 2022
Sold by
Bought by
Seller's Agent
Veronica Rodriguez
Redfin Corporation
Buyer's Agent
Elizabeth Goodchild
Realty of America
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%
Views
40
Current Estimated Value
$287,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,999
Avg. Annual Appreciation
7.70%
Original Mortgage
$120,000
Outstanding Balance
$115,229
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$172,770

Purchase Details

Listed on
Feb 27, 2017
Closed on
Apr 4, 2017
Sold by
Bought by
Seller's Agent
Louie Psyhogios
SR Realty Group Inc.
Buyer's Agent
Matthew Messel
Compass
List Price
$189,900
Sold Price
$177,000
Premium/Discount to List
-$12,900
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$168,150
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,075
Interest Rate
6.7%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 First American Title
$177,000 None Available
-- None Available
$208,000 --
$189,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $120,000
Previous Owner $168,150
Previous Owner $163,000
Previous Owner $179,075
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2022 11/03/22 Sold $220,000 -3.9% $183 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $229,000 +29.4% $191 / Sq Ft
07/28/2017 07/28/17 Off Market $177,000 -- --
04/28/2017 04/28/17 Sold $177,000 -6.8% $197 / Sq Ft View Prior Sale
03/07/2017 03/07/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $189,900 -- $211 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,243 $27,314 $855 $26,459
2024 $5,243 $19,885 $760 $19,125
2023 $4,236 $19,885 $760 $19,125
2022 $4,236 $19,885 $760 $19,125
2021 $4,078 $16,598 $617 $15,981
2020 $4,078 $16,598 $617 $15,981
2019 $4,055 $18,496 $617 $17,879
2018 $4,504 $15,061 $546 $14,515
2017 $3,433 $15,061 $546 $14,515
2016 $3,491 $15,061 $546 $14,515
2015 $3,125 $12,961 $475 $12,486
2014 $3,077 $12,967 $481 $12,486
2013 $2,983 $12,967 $481 $12,486
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Goodchild

    Buyer's Agent in 2022

    Elizabeth Goodchild

    Realty of America

    (847) 691-2976

    511 Total Sales

    Elizabeth Goodchild
    Section Image
  • Louie Psyhogios

    Seller's Agent in 2017

    Louie Psyhogios

    SR Realty Group Inc.

    (847) 789-6604

    61 Total Sales

    Louie Psyhogios
    Section Image
  • Matthew Messel

    Buyer's Agent in 2017

    Matthew Messel

    Compass

    (847) 420-1269

    620 Total Sales

    Matthew Messel
    Section Image
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About Riverwalk North

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11632594

Midwest Real Estate Data (MRED)

APN: 09-16-300-118-1067

Illinois Cook County Des Plaines 60016

545 S River Rd Unit 403A, Des Plaines, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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