NOT LISTED FOR SALE

555 S River Rd Unit 707 Des Plaines, IL 60016

Estimated Value: $293,009 - $336,000

2 Beds
2 Baths
1,258 Sq Ft
$312/mo HOA Fee

Last Sold June 30, 2023

Last sale price $260,000 $207 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,379/month

4 Days on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • Party Room
  • Maine West High School Rated A-
  • Whirlpool Bathtub
  • Formal Dining Room

About This Home

As of June 2023

Introducing a fantastic 2-bedroom, 2-bathrooms condo for sale in the heart of Des Plaines. This stunning property offers a comfortable space, designed to meet all your needs. The bright and airy living room welcomes you with its inviting ambiance, making it an ideal space for entertaining guests or enjoying quality time with your loved ones. The condo features two generously sized bedrooms, providing ample space for relaxation and privacy. Each bedroom is well-lit and includes large windows that offer plenty of natural light. The open concept living area is the heart of the condo, offering a seamless flow between the kitchen, dining, and living spaces. Hardwood floors throughout, master bedroom freshly painted. Step outside to your own private balcony and enjoy the scenic views of Des Plaines. Situated in the heart of Des Plaines, this condo offers convenient access to an array of amenities. You'll find restaurants, cafes, shopping centers, and entertainment options just steps away. Additionally, the condo's location provides easy access to major highways and public transportation, making commuting a breeze. Parking spot #46, Storage on 4th floor. NO RENTALS ALLOWED IN THE BUILDING

Last Agent to Sell the Property

Oleg Komarnytskyy

KOMAR License #471021311 Listed on: 05/18/2023

Last Buyer's Agent

Randy Famacion

Homeland Realty, Inc. License #475151206

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,037

Year Built

  • Built in 1992

Lot Details

  • 1.94

HOA Fees

  • $312 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,258 Sq Ft Home
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessibility Features
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Level Entry For Accessibility
  • Ramp on the main level
  • Low Pile Carpeting

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include heat, water, gas, insurance
  • 60 Units
  • Yvonne Balazik Association, Phone Number (847) 813-9059
  • High-Rise Condominium
  • Property managed by McKenzie Management
  • Lock-and-Leave Community
  • 8-Story Property

Amenities

  • Party Room
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,037

Year Built

Built in 1992

Lot Details

0

HOA Fees

$312 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1992
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Accessibility Features: Door Width 32 Inches or More, Hall Width 36 Inches or More, Low Pile Carpeting, Main Level Entry, No Interior Steps, Disabled Parking, Ramp - Main Level
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1258
  • Room Type: No additional rooms
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • List Price: 260000
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 312
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: McKenzie Management
  • Management Contact Name: Yvonne Balazik
  • Management Phone: 847-813-9059
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance

Schools

  • Elementary School: Central Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Chippewa Middle School
  • Middle/Junior School District: 62

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5037.42
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 23, 2023
Sold by
Aldoorie Mustafa
Bought by
Quetulio Ernest Hudson and Quetulio Andrea Francesca
Seller's Agent
Oleg Komarnytskyy
KOMAR
Buyer's Agent
Randy Famacion
Homeland Realty, Inc.
List Price
$260,000
Sold Price
$260,000
Views
88
Current Estimated Value
$308,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,502
Avg. Annual Appreciation
7.86%
Original Mortgage
$6,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2020
Sold by
Amin Daksha
Bought by
Aldoorie Mustafa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 30, 1996
Sold by
Spenk Robert E and Spenk Nancy J
Bought by
Amin Daksha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.78%
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
Quetulio Ernest Hudson $260,000 None Listed On Document
Aldoorie Mustafa $250,000 None Available
Amin Daksha $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Quetulio Ernest Hudson $6,000
Open Quetulio Ernest Hudson $252,200
Previous Owner Aldoorie Mustafa $250,000
Previous Owner Amin Daksha $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $260,000 0.0% $207 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $260,000 -- $207 / 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 $5,176 $19,633 $750 $18,883
2023 $5,052 $19,633 $750 $18,883
2022 $5,052 $19,633 $750 $18,883
2021 $5,037 $16,388 $609 $15,779
2020 $3,265 $16,388 $609 $15,779
2019 $3,253 $18,262 $609 $17,653
2018 $2,598 $14,870 $539 $14,331
2017 $2,349 $14,870 $539 $14,331
2016 $3,438 $14,870 $539 $14,331
2015 $3,076 $12,797 $469 $12,328
2014 $3,029 $12,803 $475 $12,328
2013 $2,936 $12,803 $475 $12,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11786203

Midwest Real Estate Data (MRED)

APN: 09-16-300-118-1047