NOT LISTED FOR SALE

Metropolitan Square Condo 656 Pearson St Unit 201C Des Plaines, IL 60016

Estimated Value: $322,000 - $357,735

2 Beds
2 Baths
1,500 Sq Ft
$226/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2025

Last sale price $289,000 $193 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,412 / mo

Highlights

  • Lock-and-Leave Community
  • 3-minute walk to Des Plaines Station
  • End Unit
  • Maine West High School Rated A-
  • Wood Flooring
  • Party Room

About This Home

As of March 2025

Take advantage of this opportunity to rent a bright and spacious 2-bedroom, 2-bath corner unit in the downtown Des Plaines! This open-concept home is perfect for modern living, featuring pergo flooring, eat-in kitchen with cherry cabinetry, island, and sliding doors that lead to your own private balcony. The primary bedroom offers a walk-in closet and a bath with a soaking tub, separate shower, and double vanity. The spacious second bedroom and the updated hall bath includes a pedestal sink. Plus, enjoy the convenience of in-unit laundry, heated garage parking space with separate storage unit. The building also boasts a Community Room for residents to enjoy. Best of all is that heat, gas, water, cable are included in rent. Ready for immediate move-in-this one won't last!

Last Agent to Rent the Property

Konstantin Shelegeda

Inter Properties Inc License #471018886 Listed on: 02/04/2025

Last Renter's Agent

Exclusive Agency

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 1.38

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Schools

  • Iroquois Community Elementary School
  • Chippewa Middle School
  • Iroquois Community High School

Utilities

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

Additional Features

  • End Unit

Listing and Financial Details

  • Property Available on 2/4/25
  • Rent includes cable TV, gas, electricity, heat, water, parking, storage lockers

Community Details

Overview

  • 72 Units
  • Office Association, Phone Number (312) 329-8538
  • Metropolitan Square Subdivision
  • Property managed by GNP Management
  • Lock-and-Leave Community
  • 7-Story Property

Amenities

  • Common Area
  • Party Room
  • Elevator
  • Community Storage Space

Pet Policy

  • Pets up to 50 lbs
  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

1.38 Acres

Parking

1

Rental Info

  • Available Date: 2025-02-04
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2495
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Property Sub-Type: Attached
  • Subdivision Name: Metropolitan Square
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1500
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Foyer
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Balcony, End Unit, Cable Access
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Amenities: Elevator(s), Storage, Party Room, Security Door Lock(s)
  • Rent Includes: Cable TV, Gas, Electricity, Heat, Water, Parking, Storage Lockers
  • Management: Manager Off-site
  • Management Company: GNP Management
  • Management Contact Name: Office
  • Management Phone: 312-329-8538

Schools

  • Elementary School: Iroquois Community School
  • High School: Iroquois Community School
  • Middle/Junior School: Chippewa Middle School

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 72

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Dec 27, 2024
Sold by
Bought by
Seller's Agent
Martha May
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Konstantin Shelegeda
Inter Properties Inc
List Price
$294,900
Sold Price
$289,000
Premium/Discount to List
-$5,900
-2%
Views
69
Current Estimated Value
$338,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,684
Avg. Annual Appreciation
11.91%
Original Mortgage
$162,000
Outstanding Balance
$150,165
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$188,519

Purchase Details

Closed on
Jan 8, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,300
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,100
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,169
Interest Rate
10.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$289,000 None Listed On Document
-- None Available
$238,000 Wheatland Title Guaranty
-- None Available
$293,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $162,000
Previous Owner $219,300
Previous Owner $226,100
Previous Owner $278,169
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2025 03/10/25 Rented $2,500 +0.2% --
02/20/2025 02/20/25 Price Changed $2,495 -7.6% $2 / Sq Ft
02/04/2025 02/04/25 For Rent $2,700 0.0% --
01/23/2025 01/23/25 Sold $289,000 -2.0% $193 / Sq Ft View Prior Sale
10/29/2024 10/29/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $294,900 -- $197 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,987 $33,192 $506 $32,686
2024 $6,987 $29,816 $450 $29,366
2023 $6,791 $29,816 $450 $29,366
2022 $6,791 $29,816 $450 $29,366
2021 $5,425 $20,979 $365 $20,614
2020 $5,402 $20,979 $365 $20,614
2019 $5,369 $23,379 $365 $23,014
2018 $5,116 $20,543 $323 $20,220
2017 $5,044 $20,543 $323 $20,220
2016 $5,015 $20,543 $323 $20,220
2015 $4,005 $15,871 $247 $15,624
2014 $3,937 $15,871 $247 $15,624
2013 $3,821 $15,871 $247 $15,624
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2025

    Konstantin Shelegeda

    Inter Properties Inc

    (773) 620-0320

    32 Total Sales

    Konstantin Shelegeda
    Section Image
  • Martha May

    Seller's Agent in 2025

    Martha May

    Berkshire Hathaway HomeServices Chicago

    (847) 533-0559

    51 Total Sales

    Martha May
    Section Image
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About Metropolitan Square Condo

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12283666

Midwest Real Estate Data (MRED)

APN: 09-17-415-043-1001

Illinois Cook County Des Plaines 60016

656 Pearson St Unit 201C, Des Plaines, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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