$319,900

700 Graceland Ave Unit 708 Des Plaines, IL 60016

Des Plaines Area

Estimated payment $2,699/month

2 Beds
2 Baths
1,135 Sq Ft
$282 Price per Sq Ft

Highlights

  • Whirlpool Bathtub
  • Terrace
  • Balcony
  • L-Shaped Dining Room
  • Stainless Steel Appliances
  • 1 Car Attached Garage

About This Home

LIGHT FILLED, SW CORNER, TOP FLOOR PENTHOUSE(7TH FL) 2 BRS, 2 BATH CONDO WITH 1 GARAGE SPACE, FULL SIZE WASHER & DRYER AND TWO LARGE BALCONIES. TWO ELEVATORS. THIS UNIT HAS IT ALL. FRESHLY PAINTED. NO CARPETS(LAMINATED FLOORS). OPEN CONCEPT LIVING SPACE WITH GAS FIREPLACE. SEPARATE DINING ROOM WITH NEW LIGHT FIXTURE. JUST REMODELED KITCHEN WITH STYLISH SHAKER WHITE 42" CABINETS, QUARTZ COUNTERTOPS, SS APPLIANCES AND BREAKFAST BAR. SPACIOUS BEDROOM SIZES. PRIMARY BEDROOM WITH WALK IN CLOSET AND EN SUITE BATH WITH BRAND NEW VANITY, MIRROR AND LIGHT. ASSESSMENT FEES INCLUDE HEAT, GAS, WATER, SCAVENGER SERVICE, AND HEATED GARAGE PARKING. THERE ARE MANY UNASSIGNED EXTERIOR PARKING AVAILABLE (NUMBERED, BUT UNASSIGNED UNLESS IT IS MARKED "RESERVED") THIS WELL MANAGED & MAINTAINED COMPLEX IS LOCATED 2 BLOCKS FROM DOWNTOWN DES PLAINES AND METRA STATION. CLOSED TO THEATER, LIBRARY & DININGS. ONLY 10 MINUTES 2 O'HARE!

Listing Agent

Julie Sine

Coldwell Banker Realty License #475126405 Listed on: 07/21/2026

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 1989 | Remodeled in 2026

HOA Fees

  • $568 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Available
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Entry on the 7th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,135 Sq Ft Home
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Storage

Kitchen

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

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 48 Units
  • Stephanie Farizzi Association, Phone Number (847) 846-1011
  • Graceland Terrace Subdivision, Penthouse Floorplan
  • Property managed by Mperial Asset Management, LLC
  • 7-Story Property

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,719

Year Built

Built in 1989 | Remodeled in 2026

Lot Details

0 Sq Ft Lot

HOA Fees

$568 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 7
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Graceland Terrace
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2026
  • New Construction Y/N: No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7
  • Year Renovated: 2026

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Flooring: Laminate
  • Interior Amenities: Elevator, Storage, Walk-In Closet(s)
  • LivingArea: 1135
  • Room Type: Foyer, Balcony/Porch/Lanai, Terrace
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air, Radiant
  • Laundry Features: Washer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 568
  • Association Amenities: Elevator in Residence, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Mperial Asset Management, LLC
  • Management Contact Name: Stephanie Farizzi
  • Management Phone: 847-846-1011

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4719.45
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 48

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,610 $27,294 $792 $26,502
2024 $4,610 $20,800 $704 $20,096
2023 $4,472 $20,800 $704 $20,096
2022 $4,472 $20,800 $704 $20,096
2021 $4,033 $16,452 $572 $15,880
2020 $4,034 $16,452 $572 $15,880
2019 $4,011 $18,332 $572 $17,760
2018 $3,333 $14,580 $506 $14,074
2017 $3,292 $14,580 $506 $14,074
2016 $3,358 $14,580 $506 $14,074
2015 $2,838 $12,012 $440 $11,572
2014 $2,795 $12,012 $440 $11,572
2013 $3,466 $12,012 $440 $11,572
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
07/21/2026 07/21/26 For Sale $319,900 +89.3% $282 / Sq Ft
07/26/2019 07/26/19 Sold $169,000 -3.4% $149 / Sq Ft View Prior Sale
06/07/2019 06/07/19 Pending -- -- --
05/20/2019 05/20/19 Price Changed $174,900 -4.2% $154 / Sq Ft
04/03/2019 04/03/19 For Sale $182,500 +20.1% $161 / Sq Ft
09/13/2013 09/13/13 Sold $152,000 -10.1% $127 / Sq Ft View Prior Sale
08/14/2013 08/14/13 Pending -- -- --
04/29/2013 04/29/13 Price Changed $169,000 -6.1% $141 / Sq Ft
10/18/2012 10/18/12 For Sale $179,900 -- $150 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 Type Sale Price Title Company
Warranty Deed $169,000 Stewart Title
Trustee Deed $152,000 Attorneys Title Guaranty Fun
Trustee Deed $94,666 --
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 Loan Amount Loan Type
Open $41,000 Credit Line Revolving
Open $120,000 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12708121

Midwest Real Estate Data (MRED)

APN: 09-17-423-029-1048

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