NOT LISTED FOR SALE

Riverwalk North 545 S River Rd Unit 504A Des Plaines, IL 60016

Estimated Value: $275,000 - $327,000

2 Beds
2 Baths
1,300 Sq Ft
$297/mo HOA Fee

Last Sold January 12, 2024

Last sale price $287,000 $221 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,301/month

2 Days on Market

Highlights

  • Heated Floors
  • Landscaped Professionally
  • Deck
  • Maine West High School Rated A-
  • Lock-and-Leave Community
  • Property is near a forest

About This Home

As of January 2024

WOW!!! OMG! **** TAKE A 3D TOUR, CLICK ON THE 3D BUTTON AND ENJOY**** Amazing, Stunning, Des Plaines Condo!! Rare to find!! So much Luxury! The Perfect location! Move right into this beautifully updated condo! 2 Huge bedrooms & 2 Gorgeous Bathrooms!! Rain shower in master bedroom!! Open floor plan brings a great flow through the unit with Radiant heated floors! Beautiful updated kitchen with dinning area connected! Kitchen features stainless steel appliances & Dining area offers tons of natural light with large windows! 16ft balcony/patio and living room face a beautiful forest preserve with bird spotting! Low association $297! Association includes all utilities except electric. New HVAC entirely with A/C and Furnace with Nest Control! Precast concrete floors provide a very quiet unit! New remodeled in unit laundry w/full size side by side washer/dryer! Phone app and key fob entry system & 1 car heated parking with bike rack! Same floor storage unit and trash chute. Immaculate building, well maintained! Including fresh hall way paint, New carpets, extra first come first serve parking, New professionally designed front landscaping! Great location!! Close to train, parks, grocery store across street and restaurants! You can't beat it! TAKE ADVANTAGE OF THIS, FEELS LIKE A BRAND NEW HOME!! COME AND SEE ALL THIS LUXURY! YOU'RE GOING TO LOVE IT!

Last Listed By

Gregorio Cirone

xr realty License #471003959 Listed on: 11/30/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,631

Year Built

  • Built in 1990 | Remodeled in 2020

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Door Monitored By TV

Kitchen

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

Flooring

  • Heated Floors
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a forest

Schools

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

Utilities

  • Central Air
  • 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 heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 48 Units
  • Hank Association, Phone Number (847) 296-1941
  • Mid-Rise Condominium
  • Riverwalk Subdivision
  • Property managed by HANLIN
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,631

Year Built

Built in 1990 | Remodeled in 2020

Lot Details

0

HOA Fees

$297 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: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 5
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Wood Laminate Floors, Heated Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Flexicore
  • LivingArea: 1300
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: Deck, Foyer
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens, End Unit, Door Monitored By TV
  • Foundation Details: Concrete Perimeter
  • List Price: 289900
  • Lot Features: Forest Preserve Adjacent, Landscaped
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 297
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: HANLIN
  • Management Contact Name: HANK
  • Management Phone: 847-296-1941
  • 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: Algonquin Middle School
  • Middle/Junior School District: 62

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3631.06
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 15, 2023
Sold by
Vrtagic Nedim
Bought by
Gorny James and Smith Cindy
Seller's Agent
Gregorio Cirone
xr realty
Buyer's Agent
David Yocum
Redfin Corporation
List Price
$289,900
Sold Price
$287,000
Premium/Discount to List
-$2,900
-1%
Total Days on Market
2
Views
654
Current Estimated Value
$301,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,568
Avg. Annual Appreciation
3.68%
Original Mortgage
$143,500
Outstanding Balance
$141,334
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$160,234

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jul 26, 2016
Sold by
Cotaquispe Alejandra and Cotaquispe Raul
Bought by
Vrtagic Nedim
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Gregorio Cirone
xr realty
List Price
$199,500
Sold Price
$200,000
Premium/Discount to List
$500
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$180,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2009
Sold by
Chicago Title Land Trust Company
Bought by
Cotaquispe Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
5.1%
Mortgage Type
FHA

Range of Values:

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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
Gorny James $287,000 None Listed On Document
Vrtagic Nedim $200,000 Attorney
Cotaquispe Alejandra $160,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorny James $143,500
Previous Owner Vrtagig Nedim $168,510
Previous Owner Vrtagic Nedim $180,000
Previous Owner Cotaquispe Alejandra $144,000
Previous Owner Cotaquispe Alejandra $157,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $287,000 -1.0% $221 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $289,900 +45.0% $223 / Sq Ft
08/05/2016 08/05/16 Sold $200,000 +0.3% --
06/17/2016 06/17/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $199,500 -- --
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 $3,788 $18,141 $693 $17,448
2023 $3,788 $18,141 $693 $17,448
2022 $3,788 $18,141 $693 $17,448
2021 $3,631 $15,143 $563 $14,580
2020 $3,639 $15,143 $563 $14,580
2019 $3,619 $16,875 $563 $16,312
2018 $3,082 $13,741 $498 $13,243
2017 $3,045 $13,741 $498 $13,243
2016 $3,124 $13,741 $498 $13,243
2015 $2,782 $11,824 $433 $11,391
2014 $2,741 $11,830 $439 $11,391
2013 $2,655 $11,830 $439 $11,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11938957

Midwest Real Estate Data (MRED)

APN: 09-16-300-118-1076