550 Ida St Unit 2NW Des Plaines, IL 60016
Estimated payment $1,589/month
Highlights
- Open Floorplan
- 4-minute walk to Des Plaines Station
- Gallery
- Maine West High School Rated A-
- Lock-and-Leave Community
- End Unit
About This Home
Wonderful opportunity to own 2nd floor condominium in beautiful downtown of Des Plaines!!! Close to everything - public transportation - METRA train...PACE buses...restaurants...public library & many more!!! You have your own assigned parking space as well as the storage locker! This 2 bedroom/2 full bathroom unit just needs some extra love so bring your tools and make it to your own liking!!! The unit offers open living room with gas fireplace & sliding door to a balcony...separate dining room w/coat closet...eat in kitchen w/double sink...master bedroom with full master bathroom w/stand up shower ...2nd bedroom & 2nd full bathroom w/tub...well maintained solid brick building with elevator....all utilities included within the monthly HOA fees except electricity. There is gas forced air heat - A/C - circuit breaker box - intercom - coin laundry in the building - assigned parking space as well as your own storage locker. It is close to public transportation - METRA train station on MINER/LEE STREET...PACE buses on MINER - LEE - THACKER Street and RIVER & GOLF Road - expressways - schools - City Hall - police department - public library - Willow Park with playground - Nature Preserve - minigolf - Mystic Waters Family Aquatic Center - Allstate Arena - Rivers Casino - Rosemont - O'Hare Airport - shopping & restaurants!!! Do not wait and schedule your appointment with your real estate agent today!!!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,735
Year Built
- Built in 1974
Lot Details
- End Unit
HOA Fees
- $242 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,000 Sq Ft Home
- Open Floorplan
- Fireplace With Gas Starter
- Window Screens
- Sliding Doors
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Gallery
- Intercom
- Laundry Room
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- 1 Parking Space
- Driveway
- Off-Street Parking
- Parking Included in Price
- Assigned Parking
Outdoor Features
- Balcony
- Outdoor Storage
Schools
- North Elementary School
- Chippewa Middle School
- Maine West High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
- 19 Units
- Mail@Hanlinmail.Com Association, Phone Number (847) 296-1941
- Mid-Rise Condominium
- Property managed by Hanlin Management - Hank
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Common Area
- Coin Laundry
- Elevator
- Community Storage Space
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,735 | $17,481 | $615 | $16,866 |
| 2023 | $3,618 | $17,481 | $615 | $16,866 |
| 2022 | $3,618 | $17,481 | $615 | $16,866 |
| 2021 | $2,367 | $11,030 | $499 | $10,531 |
| 2020 | $2,396 | $11,030 | $499 | $10,531 |
| 2019 | $2,385 | $12,292 | $499 | $11,793 |
| 2018 | $1,244 | $7,594 | $442 | $7,152 |
| 2017 | $1,239 | $7,594 | $442 | $7,152 |
| 2016 | $1,416 | $7,594 | $442 | $7,152 |
| 2015 | $1,102 | $6,267 | $384 | $5,883 |
| 2014 | $1,094 | $6,267 | $384 | $5,883 |
| 2013 | $1,050 | $6,267 | $384 | $5,883 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | Pending | -- | -- | -- |
| 09/19/2025 09/19/25 | Price Changed | $196,560 | -10.0% | $197 / Sq Ft |
| 08/12/2025 08/12/25 | For Sale | $218,400 | -- | $218 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $176,500 | Multiple | |
| Warranty Deed | $103,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $148,750 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12444841
APN: 09-17-409-023-1006
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