NOT LISTED FOR SALE

Riverwalk North 545 S River Rd Unit 604A Des Plaines, IL 60016

Estimated Value: $271,048 - $288,000

2 Beds
2 Baths
-- Sq Ft
$330/mo HOA Fee

Last Sold November 08, 2021

Last sale price $205,000

Est. 35% increase in value since last sale

Current estimated payment $2,324/month

12 Days on Market

Highlights

  • Attached Garage
  • Resident Manager or Management On Site
  • Combination Kitchen and Dining Room
  • Maine West High School Rated A-

About This Home

As of November 2021

Outstanding opportunity in downtown Des Plaines! Originally built as a 3 bedroom, this 2 bedroom PLUS A DEN offers great space with an open floorplan; Large living room w/access to the balcony, open kitchen and dining room; Primary bedroom w/en suite full bath freshly painted w/new vanity; 2nd bedroom has 2 nice sized closets; 2nd full bath was freshly painted and also has a new vanity; The den adds so much space and flexibility to use as an office, exercise room, OR convert it back to a 3rd bedroom. Appliances include the SS refrigerator, gas stove & dishwasher all less than 5 years old; In-Unit Washer and Dryer new in 2020; Heated Garage Space Included plus 1 outdoor space; NEW Windows & Patio Door installed fall of 2020; Affordable HOA includes heat, gas, parking & much more; Fantastic location across the street from Metropolitan Square (Shop and Save grocery store, restaurants and shops) and minutes to the Metra, library and expressways; Lobby & Garage are monitored by video surveillance; No Pets - No Rentals; Property to be sold in "as-is" condition; Garage Parking Spot #11; Don't miss this one!

Last Listed By

Jill McKee

Coldwell Banker Realty License #475122806 Listed on: 09/10/2021

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,355

Year Built

  • 1989

Lot Details

  • 1.94

HOA Fees

  • $330 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Kitchen and Dining Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 48 Units
  • Yvonne Balazik Association, Phone Number (847) 813-5939
  • Property managed by McKenzie Management

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,355

Year Built

1989

Lot Details

0

HOA Fees

$330 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • Directions: On River Road south of Rand and north of Northwest Hwy.
  • Lot Size: INTEGRAL
  • Master Model: CONDO - 2 BRS + DEN
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit, Open Floorplan, Some Carpeting, Some Window Treatmnt, Lobby
  • Other Equipment: Ceiling Fan(s)
  • Dining Room Type: Den
  • Stories: 7

Exterior Features

  • Exterior Features: Balcony, End Unit
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: McKenzie Management
  • Management Contact Name: Yvonne Balazik
  • Management Phone: 847-813-5939X122
  • Amenities: Elevator(s), Storage, Security Door Lock(s), Elevator(s)
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK

Fee Information

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

Schools

  • Junior High Dist: 207

Lot Info

  • Special Assessments: N

Rental Info

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

Multi Family

  • Units in Building: 48

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4312.22
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Nov 2, 2021
Sold by
Paula Graller and Paula Raelyn Jeter
Bought by
Hin Lee Robert Lye
Seller's Agent
Jill McKee
Coldwell Banker Realty
Buyer's Agent
Keith Klebacha
Thornton Properties of Chicago INC
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Total Days on Market
12
Current Estimated Value
$276,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,512
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Jan 24, 2015
Sold by
Tracey Robert A
Bought by
Graller Paula A and Jeter Raelyn

Purchase Details

Closed on
Aug 27, 2004
Sold by
Lai Alfred O
Bought by
Tracey Robert and Tracey Theresa

Purchase Details

Closed on
Nov 7, 2002
Sold by
Chen Wen S
Bought by
Lai Alfred O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,850
Interest Rate
6.1%

Purchase Details

Closed on
May 7, 1998
Sold by
First National Bank Of Morton Grove
Bought by
Chen Wen S and Wen S Chen Trust

Range of Values:

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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 Buyer Sale Price Title Company
Hin Lee Robert Lye $205,000 Burnet Title Post Closing
Graller Paula A -- None Available
Tracey Robert $243,000 Pntn
Lai Alfred O $223,000 --
Chen Wen S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lai Alfred O $188,000
Previous Owner Lai Alfred O $21,000
Previous Owner Lai Alfred O $211,850
Previous Owner Chen Wen S $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $205,000 -8.9% --
09/23/2021 09/23/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $225,000 -- --
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 $5,355 $20,811 $795 $20,016
2023 $5,355 $20,811 $795 $20,016
2022 $5,355 $20,811 $795 $20,016
2021 $4,316 $17,372 $646 $16,726
2020 $4,312 $17,372 $646 $16,726
2019 $4,287 $19,358 $646 $18,712
2018 $3,687 $15,762 $571 $15,191
2017 $3,639 $15,762 $571 $15,191
2016 $3,686 $15,762 $571 $15,191
2015 $3,308 $13,564 $497 $13,067
2014 $3,256 $13,570 $503 $13,067
2013 -- $13,570 $503 $13,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11214826

Midwest Real Estate Data (MRED)

APN: 09-16-300-118-1084