NOT LISTED FOR SALE

Metropolitan Square Condo 647 Metropolitan Way Unit 509L Des Plaines, IL 60016

Estimated Value: $243,000 - $279,000

1 Bed
1 Bath
1,067 Sq Ft
1.38 Acres

Last Sold March 08, 2022

Last sale price $199,000 $187 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,804/month

Highlights

  • Heated Floors
  • 3-minute walk to Des Plaines Station
  • Bonus Room
  • Maine West High School Rated A-
  • Open Floorplan
  • Stainless Steel Appliances

About This Home

As of July 2024

Beautiful, modern loft-style condominium located in downtown Des Plaines Metropolitan Square. It features 10ft ceilings, hardwood floors, and a spacious living/dining room combo with a balcony. The gorgeous kitchen offers tall 42" maple cabinets, granite countertops, stainless steel appliances, and an oversized breakfast bar. The primary bedroom suite has a walk-in closet and an updated full bathroom. The bonus room ( office or a den), in-unit laundry, and assigned garage parking add to the value of this exceptional unit. Short distance to the Metra, Library, City Hall, Gym, coffee shops, restaurants, and grocery shopping. Exceptionally maintained building with an elevator and secured storage locker. The rent includes heat, cooking gas, water. Easy access to I-294 and I-90. Show with confidence!!!

Last Agent to Rent the Property

Sherry Prus

Coldwell Banker Realty License #475140589 Listed on: 05/28/2024

Coldwell Banker Realty

Last Renter's Agent

Sherry Prus

Coldwell Banker Realty License #475140589 Listed on: 05/28/2024

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 2006

Lot Details

  • 1.38

Parking

  • 1 Car Detached Garage
  • Transferrable Lease on Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,067 Sq Ft Home
  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Bonus Room
  • Storage

Kitchen

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

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Property Available on 7/1/24
  • Rent includes gas, heat, water, parking, scavenger, security, exterior maintenance, lawn care, storage lockers, snow removal, internet
  • 24 Month Lease Term

Community Details

Overview

  • 72 Units
  • 6-Story Property

Pet Policy

  • No Pets Allowed

Additional Features

  • Lobby
  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,400

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-07-01
  • Lease Term: 24 Months
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1995
  • Security Deposit: YES
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo-Loft
  • Property Sub-Type: Attached
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access,Non-Smoking Building,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: ResidentialLease
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Ceiling - 10 Foot, Open Floorplan, Lobby
  • LivingArea: 1067
  • Room Type: Balcony/Porch/Lanai, Bonus Room, Walk In Closet
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Transferrable Lease
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Gas, Heat, Water, Parking, Scavenger, Security, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal, Internet

Lot Info

  • Lot Dimensions: CONDOMINIUM

Multi Family

  • Units in Building: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Mar 15, 2022
Sold by
Bentzler Aaron and Staugaitis Vaidotas
Bought by
Kouvalis Magdalena
Seller's Agent
Sherry Prus
Coldwell Banker Realty
Buyer's Agent
Sherry Prus
Coldwell Banker Realty
Sold Price
$1,750
Current Estimated Value
$258,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,847
Avg. Annual Appreciation
7.46%

Purchase Details

Listed on
Mar 21, 2022
Closed on
Mar 8, 2022
Sold by
Bentzler Aaron and Staugaitis Vaidotas
Bought by
Kouvalis Magdalena
Seller's Agent
Sherry Prus
Coldwell Banker Realty
Buyer's Agent
Sherry Prus
Coldwell Banker Realty
Sold Price
$1,750

Purchase Details

Closed on
Oct 27, 2017
Sold by
Gordan Diane M
Bought by
Bentzler Aaron and Staugaitis Vaidotas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2012
Sold by
Fannie Mae
Bought by
Gordon Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2012
Sold by
Radivojevic
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 25, 2006
Sold by
Metropolitan Square Residential Inc
Bought by
Radivojevic Sladjana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,320
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac
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
Kouvalis Magdalena $199,000 --
Kouvalis Magdalena $199,000 --
Bentzler Aaron $188,000 Chicago Title
Gordon Diane M $103,000 None Available
Federal National Mortgage Association -- None Available
Radivojevic Sladjana $240,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bentzler Aaron $178,600
Previous Owner Gordon Diane M $97,850
Previous Owner Radivojevic Sladjana $184,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2024 07/15/24 Rented $1,995 0.0% --
06/17/2024 06/17/24 Under Contract -- -- --
05/28/2024 05/28/24 For Rent $1,995 +14.0% --
04/26/2022 04/26/22 Rented $1,750 0.0% --
04/04/2022 04/04/22 Under Contract -- -- --
03/21/2022 03/21/22 For Rent $1,750 0.0% --
03/08/2022 03/08/22 Sold $199,000 0.0% $187 / Sq Ft View Prior Sale
02/09/2022 02/09/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $199,000 -- $187 / 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 $5,400 $20,482 $309 $20,173
2023 $4,390 $20,482 $309 $20,173
2022 $4,390 $20,482 $309 $20,173
2021 $3,406 $14,411 $250 $14,161
2020 $3,417 $14,411 $250 $14,161
2019 $3,399 $16,060 $250 $15,810
2018 $4,220 $14,110 $221 $13,889
2017 $3,154 $14,110 $221 $13,889
2016 $3,227 $14,110 $221 $13,889
2015 $2,503 $10,903 $170 $10,733
2014 $2,467 $10,903 $170 $10,733
2013 $2,388 $10,903 $170 $10,733
Source: Public Records

Agents Affiliated with this Home

  • Sherry Prus

    Landlord's Agent in 2024

    Sherry Prus

    Coldwell Banker Realty

    (773) 255-5895

    4 in this area

    47 Total Sales

    Sherry Prus
    Section Image
  • Tina Miritello

    Seller's Agent in 2022

    Tina Miritello

    Century 21 Circle

    (847) 630-7630

    16 in this area

    58 Total Sales

    Tina Miritello
    Section Image
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About Metropolitan Square Condo

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12066786

Midwest Real Estate Data (MRED)

APN: 09-17-415-043-1123

Illinois Cook County Des Plaines 60016

647 Metropolitan Way Unit 509L, Des Plaines, IL

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