$305,000
SOLD MAR 31, 2025

555 S River Rd Unit 505 Des Plaines, IL 60016

2 Beds
2 Baths
1,200 Sq Ft
$311/ mo HOA Fee

Recently Sold

$254 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • Elevator
  • Balcony
  • Resident Manager or Management On Site
  • Maine West High School Rated A-
  • Living Room
  • Laundry Room

About This Home

As of March 2025

Absolutely perfect! Remodeled and opened up for that feeling of total peace. Some of the outstanding features include granite counters, Samsung appliances, luxury vinyl flooring, overhead lighting, 2 full baths in unit laundry with full size washer and dryer, 1 car garage, 5th floor views from the balcony and lots more. Less than a quarter mile to train station.

Last Agent to Sell the Property

John & Pat LaDeur

Berkshire Hathaway HomeServices Starck Real Estate License #475130330 Listed on: 02/28/2025

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Gregorio Cirone

xr realty License #471003959

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,631

Year Built

  • Built in 1992

HOA Fees

  • $311 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessibility Features
  • No Interior Steps
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Balcony

Schools

  • North Elementary School
  • Chippewa Middle School
  • Maine West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, scavenger
  • 48 Units
  • Yvonne Association, Phone Number (847) 813-5939
  • Riverwalk Subdivision
  • Property managed by McKenzie Management
  • 7-Story Property

Amenities

  • Elevator
  • Lobby
  • Community Storage Space

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,631

Year Built

Built in 1992

Lot Details

1.94 Acres

HOA Fees

$311 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: 1992
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Basement: None
  • Accessibility Features: Entry Slope less than 1 foot, Main Level Entry, No Interior Steps
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit, Storage, Lobby
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Doors
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 311
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: McKenzie Management
  • Management Contact Name: Yvonne
  • Management Phone: 847-813-5939
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Scavenger

Schools

  • Elementary School: North Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Chippewa Middle School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4631
  • Tax Year: 2022

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Sep 15, 2020
Sold by
Bekiri Erxhan
Bought by
Ancona Cecilia
Seller's Agent
Alejandro Medina
HomeSmart Realty Group
Buyer's Agent
Michael Lipsey
Weichert, Realtors - All Pro
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$313,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,265
Avg. Annual Appreciation
5.75%
Original Mortgage
$218,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2017
Sold by
Peter Perricone
Bought by
Bekiri Erxhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.02%
Source: Public Records
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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 $230,000 Gmt Title Agency
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $218,500 New Conventional
Previous Owner $136,000 No Value Available
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $305,000 +2.0% $254 / Sq Ft
03/01/2025 03/01/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $299,000 +30.0% $249 / Sq Ft
09/15/2020 09/15/20 Sold $230,000 0.0% $192 / Sq Ft View Prior Sale
07/28/2020 07/28/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $230,000 -- $192 / Sq Ft
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 $4,745 $27,289 $774 $26,515
2024 $4,745 $18,000 $688 $17,312
2023 $4,631 $18,000 $688 $17,312
2022 $4,631 $18,000 $688 $17,312
2021 $4,618 $15,024 $558 $14,466
2020 $3,603 $15,024 $558 $14,466
2019 $3,583 $16,743 $558 $16,185
2018 $3,050 $13,633 $494 $13,139
2017 $4,005 $13,633 $494 $13,139
2016 $1,259 $13,633 $494 $13,139
2015 $1,439 $11,731 $429 $11,302
2014 $1,379 $11,737 $435 $11,302
2013 $1,377 $11,737 $435 $11,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12299378

Midwest Real Estate Data (MRED)

APN: 09-16-300-118-1029

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