NOT LISTED FOR SALE

Riverwalk North 545 S River Rd Unit 407A Des Plaines, IL 60016

Estimated Value: $290,000 - $346,000

2 Beds
2 Baths
1,258 Sq Ft
$330/mo HOA Fee

Last Sold February 16, 2024

Last sale price $286,000 $227 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,326/month

24 Days on Market

Highlights

  • L-Shaped Dining Room
  • Balcony
  • Walk-In Closet
  • Maine West High School Rated A-
  • 1 Car Attached Garage
  • Resident Manager or Management On Site

About This Home

As of February 2024

***Multiple Offers Received! Highest and best due by Sunday, Jan 21st at 3:00 p.m. *** Beautifully renovated 2 bed 2 bath condo in downtown Des Plaines! The updated kitchen features stainless steel appliances as of 2020, quartz countertops, and tile backsplash. The master bedroom includes a remodeled master bath and walk-in closet with a custom closet system. The in-unit laundry room includes a full-sized washer, dryer & utility sink. The storage room is on the same floor. There is one assigned, heated garage parking spot included, plus a second parking sticker for the outdoor parking lot, in addition to visitor parking. Well-maintained building with remodeled common areas, including two elevators. Walking distance to Metra, library, shopping, restaurants, and entertainment, this condo has it all; nothing to do but move in!

Last Agent to Sell the Property

Andreea Covaliu

@properties Christie's International Real Estate License #475166444 Listed on: 12/28/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Eduardo Camargo

24/7 Real Estate Inc License #475144315

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,014

Year Built

  • Built in 1992

Lot Details

  • 1.94

HOA Fees

  • $330 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,258 Sq Ft Home
  • Drapes & Rods
  • Blinds
  • L-Shaped Dining Room
  • Storage
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

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
  • Individual Controls for Heating
  • 100 Amp Service
  • 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
  • 48 Units
  • Yvonne Association, Phone Number (847) 813-5939
  • Mid-Rise Condominium
  • Riverwalk Subdivision
  • Property managed by McKenzie Management
  • 6-Story Property

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,014

Year Built

Built in 1992

Lot Details

0

HOA Fees

$330 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Subdivision Name: Riverwalk
  • Year Built: 1992
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Wood Laminate Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1258
  • Room Type: Walk In Closet
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Window Features: Blinds,Curtains/Drapes
  • ResoLivingAreaSource: Estimated

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Visitor Parking, Parking Lot
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air, Radiant, Indv Controls
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 330
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: McKenzie Management
  • Management Contact Name: Yvonne
  • Management Phone: 847-813-5939
  • 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: INTEGRAL
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4014
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Feb 8, 2024
Sold by
Nemes Ioan and Nemes Viorica
Bought by
Lizarazo Melba Janneth Joya and Maguin Ana Maria
Seller's Agent
Andreea Covaliu
@properties Christie's International Real Estate
Buyer's Agent
Eduardo Camargo
24/7 Real Estate Inc
List Price
$289,000
Sold Price
$286,000
Premium/Discount to List
-$3,000
-1.04%
Views
473
Current Estimated Value
$311,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,524
Avg. Annual Appreciation
4.73%
Original Mortgage
$228,800
Outstanding Balance
$214,202
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$97,322

Purchase Details

Closed on
Mar 31, 2017
Sold by
Nemes Joan and Nemes Viorica
Bought by
Nemes Joan and Nemes Viorica

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jun 28, 2016
Sold by
Lesniak Vanessa
Bought by
Nemes Viorica and Nemes Ioan
Seller's Agent
Suzanne Niersbach
Baird & Warner
Buyer's Agent
Andreea Covaliu
L.J.B. Realty, LTD.
List Price
$204,900
Sold Price
$200,000
Premium/Discount to List
-$4,900
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$190,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2008
Sold by
Simon Adelle
Bought by
Lesniak Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2004
Sold by
Simon Adelle
Bought by
Simon Adelle and The Adelle Simon Declaration Of Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Lizarazo Melba Janneth Joya $286,000 None Listed On Document
Nemes Joan -- None Available
Nemes Viorica $200,000 Baird & Warner Title Service
Lesniak Vanessa $207,500 None Available
Simon Adelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lizarazo Melba Janneth Joya $228,800
Previous Owner Nemes Viorica $190,000
Previous Owner Lesniak Vanessa $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $286,000 0.0% $227 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/22/2024 01/22/24 Off Market $286,000 -- --
12/28/2023 12/28/23 For Sale $289,000 +44.5% $230 / Sq Ft
07/26/2016 07/26/16 Sold $200,000 -2.4% $159 / Sq Ft View Prior Sale
06/12/2016 06/12/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $204,900 -- $163 / 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 $4,302 $19,633 $750 $18,883
2023 $4,172 $19,633 $750 $18,883
2022 $4,172 $19,633 $750 $18,883
2021 $4,014 $16,388 $609 $15,779
2020 $4,015 $16,388 $609 $15,779
2019 $3,992 $18,262 $609 $17,653
2018 $3,420 $14,870 $539 $14,331
2017 $4,368 $14,870 $539 $14,331
2016 $3,438 $14,870 $539 $14,331
2015 $3,076 $12,797 $469 $12,328
2014 $3,029 $12,803 $475 $12,328
2013 $2,936 $12,803 $475 $12,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11949991

Midwest Real Estate Data (MRED)

APN: 09-16-300-118-1071