$265,000
SOLD SEP 25, 2024

Riverwalk North 545 S River Rd Unit 508A Des Plaines, IL 60016

2 Beds
2 Baths
1,300 Sq Ft
$304/mo HOA Fee

Recently Sold

$204 Per Sq Ft

4% Below List Price

8 Days on Market

Highlights

  • Heated Floors
  • Main Floor Bedroom
  • Balcony
  • Maine West High School Rated A-
  • Elevator
  • 1 Car Attached Garage

About This Home

As of September 2024

This Incredible 2 Bed | 2 Bath End-Unit in the Prestigious Riverwalk Condominiums Has a Highly Sought After Location & is Only a Short Walk to Downtown Des Plaines Restaurants, Grocery Store, Shops, Parks & the Metra Train Station! For Convenience and Security, Amenities Include Elevator Access, In-Unit Laundry Room w/ Washer (2021) and Dryer, 1 Car Heated Indoor Parking Space w/ Bike Rack, Plenty of Unassigned Exterior Parking Spaces, Same Floor Private Storage Unit & a Phone App and Key Fob Entry System! You Can't Beat this Extremely Low Monthly Association Fee Which Includes Heat, Gas, Water, Parking, Scavenger & Exterior Maintenance! Seamlessly Flowing, this Open Floorplan Boasts Plenty of Natural Light, Filling the Huge Living & Dining Rooms Through Large Windows! Radiant Heated Flooring Ensures Comfort for Colder Months! Step Out onto Your 5th Floor Private Balcony, Enjoy a Morning Coffee & Gaze Out at City Views for Miles! The Awesome Eat-in Kitchen Features Stainless Steel Appliances (2019) & Ample Storage! Large Master Bedroom w/ Ensuite Includes Full Bath & Walk-in Closet! Nice-Sized Secondary Bedroom Could Make the Perfect Office Space or Guest Bedroom! Tons of New Updates Include Newer Furnace (2021) & A/C (2021)! Precast Concrete Floors Provide a Very Quiet Unit! The Building is Impeccably Maintained w/ Recent Updates Like Fresh Hallway Paint, Newer Carpets & New Professionally Designed Front Landscaping!

Last Agent to Sell the Property

Ryan Widerberg

eXp Realty - Chicago North Ave License #475121545 Listed on: 07/31/2024

eXp Realty - Chicago North Ave

Last Buyer's Agent

Fred Munoz

Realty Alive License #471012999

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 1990

HOA Fees

  • $304 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • Entrance Foyer
  • Storage
  • Door Monitored By TV

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Heated Floors
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • 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
  • 100 Amp Service
  • 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
  • Yvonne Association, Phone Number (847) 813-5939
  • Riverwalk Subdivision
  • Property managed by McKenzie Management
  • 7-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,745

Year Built

Built in 1990

Lot Details

0

HOA Fees

$304 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
  • 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,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Heated Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1300
  • Room Type: Foyer, Balcony/Porch/Lanai
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Door Monitored By TV, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 275000
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 304
  • 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: 847-813-5939X122
  • 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
  • Middle/Junior School District: 62

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4745.49
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 13, 2024
Sold by
Prokopios Athanacia and Olandezos Manolis Angelos
Bought by
Zimbrakos Kostas P and Zimbrakos Vasily
Seller's Agent
Ryan Widerberg
eXp Realty - Chicago North Ave
Buyer's Agent
Fred Munoz
Realty Alive
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
26
Current Estimated Value
$287,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,150
Avg. Annual Appreciation
7.57%
Original Mortgage
$212,000
Outstanding Balance
$210,537
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$71,427

Purchase Details

Listed on
Sep 22, 2018
Closed on
Nov 16, 2018
Sold by
Raju Philip Jibu and Raju Philip Sheril
Bought by
Prokopios Athanacia
Seller's Agent
Minoy Varghese
Unilink Realty Inc
Buyer's Agent
Dorothy Zielinski
James Realty Inc.
List Price
$200,000
Sold Price
$174,000
Premium/Discount to List
-$26,000
-13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$165,300
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2012
Closed on
May 23, 2012
Sold by
Liv Lawson Kenn A
Bought by
Philip Jibu
Seller's Agent
James Grady
RE/MAX Suburban
Buyer's Agent
Matthew Mika
Compass
List Price
$132,500
Sold Price
$120,000
Premium/Discount to List
-$12,500
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$108,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 1995
Sold by
Pioneer Bank & Trust Company
Bought by
Lawson Marlene A
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $265,000 None Listed On Document
Warranty Deed $174,000 Fidelity National Title
Deed $120,000 Attorneys Title Guaranty Fun
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $212,000 New Conventional
Previous Owner $163,200 New Conventional
Previous Owner $165,300 New Conventional
Previous Owner $108,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $265,000 -3.6% $204 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $275,000 +58.0% $212 / Sq Ft
11/16/2018 11/16/18 Sold $174,000 -5.9% $134 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $185,000 -7.5% $142 / Sq Ft
09/22/2018 09/22/18 For Sale $200,000 +66.7% $154 / Sq Ft
05/30/2012 05/30/12 Sold $120,000 -9.4% --
04/19/2012 04/19/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $132,500 -- --
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 $4,745 $18,000 $688 $17,312
2023 $4,631 $18,000 $688 $17,312
2022 $4,631 $18,000 $688 $17,312
2021 $4,618 $15,024 $558 $14,466
2020 $4,540 $15,024 $558 $14,466
2019 $4,506 $16,743 $558 $16,185
2018 $3,050 $13,633 $494 $13,139
2017 $3,013 $13,633 $494 $13,139
2016 $3,094 $13,633 $494 $13,139
2015 $2,753 $11,731 $429 $11,302
2014 $3,473 $11,737 $435 $11,302
2013 $3,387 $11,737 $435 $11,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12123165

Midwest Real Estate Data (MRED)

APN: 09-16-300-118-1080