NOT LISTED FOR SALE

550 Graceland Ave Unit 13 Des Plaines, IL 60016

Estimated Value: $179,000 - $224,000

2 Beds
1 Bath
-- Sq Ft
12,763 Sq Ft Lot

Last Sold December 22, 2021

Last sale price $148,000

Est. 34% increase in value since last sale

Current estimated payment $1,616/month

5 Days on Market

Highlights

  • Attached Garage
  • Garage ceiling height seven feet or more
  • 4-minute walk to Menominee Park
  • Maine West High School Rated A-

About This Home

As of December 2021

If you're looking for a move in ready condo in the heart of downtown Des Plaines, look no further. Spacious top floor corner unit boasts open concept, 2 beds and 1 bath, w/ in unit washer dryer. Open kitchen with brand new granite countertops, large island for extra storage, and open to your south facing balcony. Both bedrooms have great closet space, and master bedroom comes with a large external closet as well. Unit comes with 2 spots, 1 garage spot and 1 assigned spot. In unit washer dryer a huge plus. Nice balcony to enjoy some fresh air or cup of coffee. 2 Blocks to the Metra, Shop N Save, Panera, and all that downtown Des Plaines has to offer. Minutes from I294. This one won't last!!

Last Agent to Sell the Property

Mark Rantis

Y Realty License #475134703 Listed on: 11/17/2021

Y Realty

Last Buyer's Agent

Srdjan Sterleman

NS International Realty, INC License #471021426

Property Details

Home Type

  • Condominium

Year Built

  • 1980

Lot Details

  • 0.29

HOA Fees

  • $266 per month

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 14 Units
  • John Graham Association, Phone Number (847) 635-9130

Pet Policy

  • Pets Allowed
  • Pets up to 15 lbs

Property Details

Home Type

Condominium

Year Built

1980

Lot Details

0.29 Acres

HOA Fees

$266 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Directions: Northwest Hwy to Jefferson East to Graceland, property at Northwest corner of Jefferson and Graceland...across from Walgreens
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors
  • Dining Room Type: Foyer
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Storms/Screens, Cable Access
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window/Wall Units - 2
  • Heating: Steam, Baseboard, Radiant
  • Laundry Features: In Unit, Common Area, Multiple Locations
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: John Graham
  • Management Phone: 847-635-9130
  • Amenities: Coin Laundry, On Site Manager/Engineer, Skylights
  • Association Fee: 266
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 207
  • Middle Or Junior School: Chippewa Middle School

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 15

Multi Family

  • Units in Building: 14

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 2292.94
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 21, 2021
Sold by
Rantis Mark J
Bought by
Balac Nenad
Seller's Agent
Mark Rantis
Y Realty
Buyer's Agent
Srdjan Sterleman
NS International Realty, INC
List Price
$149,900
Sold Price
$148,000
Premium/Discount to List
-$1,900
-1.27%
Current Estimated Value
$198,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,785
Avg. Annual Appreciation
7.22%
Original Mortgage
$111,000
Outstanding Balance
$86,077
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$112,708

Purchase Details

Closed on
Jun 15, 2004
Sold by
550 Graceland Llc
Bought by
Rantis Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Balac Nenad $148,000 Attorney
Rantis Mark J $147,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balac Nenad $111,000
Previous Owner Rantis Mark J $139,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $148,000 -1.3% --
11/23/2021 11/23/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $149,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $3,785 $15,272 $891 $14,381
2024 $3,785 $14,358 $792 $13,566
2023 $3,694 $14,358 $792 $13,566
2022 $3,694 $14,358 $792 $13,566
2021 $2,262 $10,690 $643 $10,047
2020 $2,293 $10,690 $643 $10,047
2019 $2,283 $11,913 $643 $11,270
2018 $1,647 $8,942 $569 $8,373
2017 $1,635 $8,942 $569 $8,373
2016 $1,791 $8,942 $569 $8,373
2015 $2,617 $11,280 $495 $10,785
2014 $2,578 $11,280 $495 $10,785
2013 $2,496 $11,280 $495 $10,785
Source: Public Records

Agents Affiliated with this Home

  • Mark Rantis

    Seller's Agent in 2021

    Mark Rantis

    Y Realty

    (847) 606-5272

    3 in this area

    179 Total Sales

    Mark Rantis
    Section Image

  • S

    Buyer's Agent in 2021

    Srdjan Sterleman

    NS International Realty, INC

    (773) 503-6742

    6 in this area

    141 Total Sales

    Srdjan Sterleman
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11271707

Midwest Real Estate Data (MRED)

APN: 09-17-408-034-1013

Illinois Cook County Des Plaines 60016

550 Graceland Ave Unit 13, Des Plaines, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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