NOT LISTED FOR SALE

711 S River Rd Unit 511 Des Plaines, IL 60016

Estimated Value: $253,000 - $274,000

2 Beds
2 Baths
1,340 Sq Ft
$454/ mo HOA Fee

Last Sold December 21, 2023

Last sale price $218,000 $163 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,088/month

2 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • 1 Car Attached Garage
  • Maine West High School Rated A-
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of December 2023

FRESHLY PAINTED 2BR 2BA IN THE LANDMARK BUILDING IN DOWNTOWN DES PLAINES. BOTH GENEROUS SIZED BEDROOMS AND THE PRIMARY HAS A LARGE WALK IN CLOSET. EAT IN KITCHEN WITH ACCESS TO LARGE BALCONY FROM KITCHEN AND THE LIVING ROOM. 5TH FLOOR UNIT. HEATED DEEDED GARAGE SPACE #31 AND OUTSIDE SPACE #73. SAME FLOOR LAUNDRY AND STORAGE. BATHROOM FAUCETS AND TOILETS BRAND NEW. ON SITE MANAGER TWO DAYS A WEEK. SECURED LOBBY, PARTYROOM WITH KITCHEN. PRIVATE GROUNDS ALONG THE RIVER. EXERCIZE ROOM AND TONS OF GUEST PARKING. TAXES: HOMEOWNER EXEMPTION $880.10 SENIOR EXEMPTION $704.08 (GARAGE PIN# 091630401212218 $148.OO ANNUAL)

Last Agent to Sell the Property

Ellen Ritsos

HomeSmart Connect LLC License #475144809 Listed on: 11/23/2023

HomeSmart Connect LLC

Last Buyer's Agent

Connie Dornan

@properties Christie's International Real Estate License #475128119

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,966

Year Built

  • Built in 1983

Lot Details

  • Waterfront
  • Additional Parcels

HOA Fees

  • $454 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,340 Sq Ft Home
  • Combination Dining and Living Room
  • Storage
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Balcony

Schools

  • Forest Elementary School
  • Algonquin Middle School
  • Maine East High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 119 Units
  • Minnette Johnson Association, Phone Number (312) 810-2525
  • High-Rise Condominium
  • Property managed by ADVANTAGE MANAGEMENT
  • 7-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,966

Year Built

Built in 1983

Lot Details

2 Acres

HOA Fees

$454 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: 1983
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Wood Laminate Floors, Storage
  • LivingArea: 1340
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 454
  • Association Amenities: Elevator(s), Exercise Room, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: ADVANTAGE MANAGEMENT
  • Management Contact Name: MINNETTE JOHNSON
  • Management Phone: 312-810-2525
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Forest Elementary School
  • High School: Maine East High School
  • Middle/Junior School: Algonquin Middle School

Lot Info

  • Additional Parcels: Yes
  • 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: 2966
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2023
Closed on
Nov 27, 2023
Sold by
Mathias Richard
Bought by
Rutkowski James and Rutkowski Renee
Seller's Agent
Ellen Ritsos
HomeSmart Connect LLC
Buyer's Agent
Connie Dornan
@properties Christie's International Real Estate
List Price
$224,000
Sold Price
$218,000
Premium/Discount to List
-$6,000
-2.68%
Views
97
Current Estimated Value
$264,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,118
Avg. Annual Appreciation
8.90%
Original Mortgage
$174,400
Outstanding Balance
$170,155
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$93,963

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 19, 2018
Sold by
Krishnan Archana and Neelakantan Rajaram
Bought by
Mathias Richard
Seller's Agent
Stephen Katsaros
@properties Christie's International Real Estate
Buyer's Agent
Ellen Ritsos
HomeSmart Connect LLC
List Price
$165,000
Sold Price
$156,000
Premium/Discount to List
-$9,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$159,354
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Aug 12, 2008
Sold by
Jackson Esther
Bought by
Neelakantan Rajaram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.12%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Rutkowski James $218,000 Chicago Title
Mathias Richard $156,000 Attorney
Neelakantan Rajaram $180,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutkowski James $174,400
Previous Owner Mathias Richard $159,354
Previous Owner Neelakantan Rajaram $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2023 12/21/23 Sold $218,000 -2.7% $163 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
11/23/2023 11/23/23 For Sale $224,000 +43.6% $167 / Sq Ft
03/22/2018 03/22/18 Sold $156,000 -1.3% $116 / Sq Ft View Prior Sale
02/17/2018 02/17/18 Pending -- -- --
02/15/2018 02/15/18 Price Changed $158,000 -4.2% $118 / Sq Ft
01/26/2018 01/26/18 For Sale $165,000 -- $123 / 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 $2,937 $22,700 $699 $22,001
2024 $2,937 $17,106 $621 $16,485
2023 $2,817 $17,106 $621 $16,485
2022 $2,817 $17,106 $621 $16,485
2021 $2,301 $13,482 $504 $12,978
2020 $2,387 $13,482 $504 $12,978
2019 $2,382 $15,024 $504 $14,520
2018 $1,965 $12,755 $446 $12,309
2017 $2,756 $12,755 $446 $12,309
2016 $2,850 $12,755 $446 $12,309
2015 $2,342 $10,370 $422 $9,948
2014 $2,309 $10,370 $422 $9,948
2013 $2,119 $9,133 $422 $8,711
Source: Public Records

Agents Affiliated with this Home

  • Ellen Ritsos

    Seller's Agent in 2023

    Ellen Ritsos

    The McDonald Group

    (847) 845-8272

    8 in this area

    107 Total Sales

    Ellen Ritsos
    Section Image
  • Connie Dornan

    Buyer's Agent in 2023

    Connie Dornan

    @ Properties

    (847) 208-1397

    15 in this area

    654 Total Sales

    Connie Dornan
    Section Image
  • Stephen Katsaros

    Seller's Agent in 2018

    Stephen Katsaros

    @ Properties

    (727) 992-1961

    3 in this area

    145 Total Sales

    Stephen Katsaros
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11931173

Midwest Real Estate Data (MRED)

APN: 09-16-304-012-1062

Illinois Cook County Des Plaines 60016

711 S River Rd Unit 511, Des Plaines, IL

Not Listed for Sale

Condos

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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