NOT LISTED FOR SALE

555 S River Rd Unit 501 Des Plaines, IL 60016

Estimated Value: $251,000 - $302,000

2 Beds
2 Baths
1,214 Sq Ft
$289/mo HOA Fee

Last Sold October 30, 2020

Last sale price $171,000 $141 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,084/month

49 Days on Market

Highlights

  • Balcony
  • Attached Garage
  • Breakfast Bar
  • Maine West High School Rated A-
  • Walk-In Closet
  • Property is near a bus stop

About This Home

As of October 2020

Corner unit, open floor plan, sun filed and East facing Balcony looking out at the forest preserves. Spacious master bedroom suite with walk-in closet, a master bath and remote controlled ceiling fans. Large second bedroom and another full bath. In-unit laundry closet. Riverwalk Condos where everything you need is just steps away! Across the street from a grocery store, shopping, restaurants, bars and a short walk to the Des Plaines Metra station. Convenient underground heated parking space and plenty of guest parking. Recent updates include Disposal 2020, Dishwasher 2018, A/C 2016 and Dryer 2014. Why rent when you can make this your own home!

Last Agent to Sell the Property

Carrie Goodman

@properties Christie's International Real Estate License #475132705 Listed on: 07/06/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Dorothy Zabinski

Suburban Home Realty License #471006845

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,909

Year Built

  • 1989

Lot Details

  • 1.94

HOA Fees

  • $289 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Rolled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • East or West Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,150 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,909

Year Built

1989

Lot Details

0

HOA Fees

$289 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Unit Floor Level: 5
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1989
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Built: 1989

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Intercom, Ceiling Fan
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 7X5, On Level: Main Level, Windows: None
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Walk In Closet, Balcony
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Walk in Closet, Dimensions: 6X5, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 2 Name: Balcony, Dimensions: 12X5, On Level: Main Level
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1214
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Rolled)
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 289
  • Management Contact Name: Nick Bubarus
  • Management Phone: 224-244-7766

Fee Information

  • Management Company: Self Managed

Schools

  • School District: 207
  • Elementary School: North Elementary School
  • Middle School: Chippewa Middle School
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 09163001181025

Multi Family

  • Total Number Unitsin Building: 48
  • Number Stories: 6

Tax Info

  • Taxes: 3618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Oct 14, 2020
Sold by
Beran Laura Lee and Cornelison Laura Lee
Bought by
Waxali Yusuf and Satlar Zohra Sana
Seller's Agent
Carrie Goodman
@properties Christie's International Real Estate
Buyer's Agent
Dorothy Zabinski
Suburban Home Realty
List Price
$189,000
Sold Price
$171,000
Premium/Discount to List
-$18,000
-9.52%
Current Estimated Value
$277,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,120
Avg. Annual Appreciation
9.59%
Original Mortgage
$101,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2007
Sold by
Cornelison Laura Lee
Bought by
Cornelison Laura Lee and Campbell Laurna I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 2006
Sold by
Vanella Joseph
Bought by
Cornelison Laura Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2005
Sold by
Vanella Joseph and Vanella Charles Christopher
Bought by
The Nicholas Vanella Living Trust

Purchase Details

Closed on
Oct 27, 1999
Sold by
Mueller Paul W
Bought by
Vanella Nicholas and Vanella Joseph
Source: Public Records

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
Waxali Yusuf $171,000 Proper Title Llc
Cornelison Laura Lee -- None Available
Cornelison Laura Lee $220,000 First American
The Nicholas Vanella Living Trust -- --
Vanella Nicholas $155,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waxali Yusuf $101,000
Previous Owner Cornelison Laura Lee $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $171,000 -4.9% $141 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/11/2020 08/11/20 Price Changed $179,900 -3.8% $148 / Sq Ft
07/31/2020 07/31/20 Price Changed $187,000 -1.1% $154 / Sq Ft
07/06/2020 07/06/20 For Sale $189,000 -- $156 / Sq Ft
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 $3,909 $18,141 $693 $17,448
2023 $3,788 $18,141 $693 $17,448
2022 $3,788 $18,141 $693 $17,448
2021 $3,631 $15,143 $563 $14,580
2020 $3,639 $15,143 $563 $14,580
2019 $3,619 $16,875 $563 $16,312
2018 $3,082 $13,741 $498 $13,243
2017 $3,045 $13,741 $498 $13,243
2016 $3,124 $13,741 $498 $13,243
2015 $2,782 $11,824 $433 $11,391
2014 $2,741 $11,830 $439 $11,391
2013 $2,655 $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: MRD10771387

Midwest Real Estate Data (MRED)

APN: 09-16-300-118-1025