$275,000
SOLD OCT 7, 2024

Riverwalk North 545 S River Rd Unit 705A Des Plaines, IL 60016

2 Beds
2 Baths
1,112 Sq Ft
$307/mo HOA Fee

Recently Sold

$247 Per Sq Ft

5% Below List Price

58 Days on Market

Highlights

  • Lock-and-Leave Community
  • End Unit
  • Stainless Steel Appliances
  • Maine West High School Rated A-
  • Formal Dining Room
  • Balcony

About This Home

As of October 2024

Discover a rare gem in downtown Des Plaines with this stunning Riverwalk top floor corner unit. This beautifully updated condo boasts 2 spacious bedrooms and 2 luxurious bathrooms, including a primary bedroom with ensuite. Enjoy the seamless flow of the open floor plan, enhanced by radiant heated floors for comfort during colder months. Unique features include a gas log/gas start fireplace, perfect for cozy evenings. The kitchen shines with brand new Stainless Steel Appliances and Solid Surface countertops, offering ample storage. Natural light fills the dining area through new large windows, complementing the private balcony overlooking a serene wooded area, ideal for birdwatching. This unit has New Anderson Windows and Sliding Glass Door. Precast concrete floors provide a very quiet unit! For convenience and security, amenities include in-unit laundry with newer side by side washer and dryer, a phone app and key fob entry system, and 1 car heated indoor parking spot with additional storage. The building is impeccably maintained, with recent updates like fresh hallway paint, and newer carpets. Low association fees cover all utilities except electric. Perfectly situated near transportation, parks, a grocery store, and dining options, this condo offers the best of Des Plaines living.

Last Agent to Sell the Property

Mary Kay Wright

@properties Christie's International Real Estate License #475134086 Listed on: 07/11/2024

@properties Christie's International Real Estate

Co-Listed By

Caitlin Wright

@properties Christie's International Real Estate License #475190137

Last Buyer's Agent

Lory Pinzariu

HomeSmart Connect LLC License #475182858

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,209

Year Built

  • Built in 1989

HOA Fees

  • $307 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,112 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

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

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Senior Tax Exemptions
  • 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
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,209

Year Built

Built in 1989

Lot Details

0

HOA Fees

$307 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: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit
  • LivingArea: 1112
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer, Balcony/Porch/Lanai
  • 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
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Window Features: Wood Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • List Price: 279000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 307
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • 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: Algonquin Middle School
  • Middle/Junior School District: 62

Lot Info

  • 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: 3209
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Oct 7, 2024
Sold by
Birholtz Scot and Birholtz Christina
Bought by
Menacher Rosemarie
Seller's Agent
Mary Kay Wright
@properties Christie's International Real Estate
Buyer's Agent
Lory Pinzariu
HomeSmart Connect LLC
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Views
97
Current Estimated Value
$291,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,142
Avg. Annual Appreciation
1.60%
Original Mortgage
$175,000
Outstanding Balance
$174,010
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$104,599

Purchase Details

Closed on
Mar 24, 2015
Sold by
Birholtz Saul N
Bought by
Birholtz Saul B and Birholtz Scot

Purchase Details

Listed on
Aug 20, 2014
Closed on
Nov 6, 2014
Sold by
Lieggi Andrea
Bought by
Birholtz Saul N
Seller's Agent
Nadine Pomilia
RE/MAX Suburban
Buyer's Agent
Judy Porcaro
@properties Christie's International Real Estate
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$88,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1996
Sold by
Mauro Giacomo
Bought by
Lieggi Andrea and Lieggi Annabelle

Purchase Details

Closed on
Apr 21, 1995
Sold by
Martorana Cathleen and Martorana Giovanna
Bought by
Mauro Giacomo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
8.42%
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 $275,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $160,000 None Available
Warranty Deed $130,000 --
Warranty Deed $126,500 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Previous Owner $88,000 New Conventional
Previous Owner $122,000 New Conventional
Previous Owner $80,000 Fannie Mae Freddie Mac
Previous Owner $90,000 Unknown
Previous Owner $36,533 Unknown
Previous Owner $101,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $275,000 -1.4% $247 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $279,000 -3.5% $251 / Sq Ft
07/16/2024 07/16/24 For Sale $289,000 0.0% $260 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $289,000 +80.6% $260 / Sq Ft
11/26/2014 11/26/14 Sold $160,000 -3.0% --
10/21/2014 10/21/14 Pending -- -- --
09/09/2014 09/09/14 Price Changed $165,000 -2.9% --
08/19/2014 08/19/14 For Sale $170,000 -- --
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 $3,210 $18,141 $693 $17,448
2023 $3,084 $18,141 $693 $17,448
2022 $3,084 $18,141 $693 $17,448
2021 $2,812 $15,143 $563 $14,580
2020 $2,889 $15,143 $563 $14,580
2019 $2,880 $16,875 $563 $16,312
2018 $2,260 $13,741 $498 $13,243
2017 $2,252 $13,741 $498 $13,243
2016 $2,629 $13,741 $498 $13,243
2015 $2,215 $11,824 $433 $11,391
2014 $2,198 $11,830 $439 $11,391
2013 $1,622 $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: 12079587

Midwest Real Estate Data (MRED)

APN: 09-16-300-118-1093