NOT LISTED FOR SALE

722 Graceland Ave Unit 204 Des Plaines, IL 60016

Estimated Value: $198,000 - $233,000

2 Beds
1 Bath
-- Sq Ft
$263/mo HOA Fee

Last Sold May 10, 2021

Last sale price $135,000

Est. 56% increase in value since last sale

Current estimated payment $1,767/month

17 Days on Market

Highlights

  • Balcony
  • Attached Garage
  • Forced Air Heating System
  • Central Elementary School Rated A
  • Breakfast Bar
  • Senior Tax Exemptions

About This Home

As of May 2021

Located a short walk to charming downtown DesPlaines and convenient transportation including Metra, enjoy the trip to downtown Chicago without the drive. This 2 bedroom one bath condo has generous room sizes and plenty of closets plus a balcony, storage, laundry and the parking is included. Entire condo is freshly painted has a eat in kitchen and newer appliances. This condo is ready for move in or work on a plan to remodel.

Last Agent to Sell the Property

Mildred Shemluck

Engel & Voelkers Chicago License #475139784 Listed on: 03/19/2021

Engel & Voelkers Chicago

Last Buyer's Agent

Iwona Lojko

Realtogy Co License #475160572

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,902

Year Built

  • 1976

Lot Details

  • 0.87

HOA Fees

  • $263 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Balcony

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,902

Year Built

1976

Lot Details

0

HOA Fees

$263 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1976
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1976

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 19X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: No Pets
  • Assessment Includes: Heat, Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 263
  • Management Contact Name: Office Manager
  • Management Phone: 224-848-9227

Fee Information

  • Management Company: Carriage Walk Association

Schools

  • School District: 207
  • Elementary School: Central Elementary School
  • Middle School: Algonquin Middle School
  • High School: Maine West High School
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 09174230281020

Multi Family

  • Total Number Unitsin Building: 48
  • Number Stories: 4

Tax Info

  • Taxes: 1987.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 7, 2021
Sold by
Horn Nancy and Horn Timothy
Bought by
Walsh Stephen Edward
Seller's Agent
Mildred Shemluck
Engel & Voelkers Chicago
Buyer's Agent
Iwona Lojko
Realtogy Co
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%
Total Days on Market
17
Current Estimated Value
$210,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,795
Avg. Annual Appreciation
10.65%
Original Mortgage
$128,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2017
Sold by
Heavey Nancy
Bought by
Heavey Nancy and Horn Nancy

Purchase Details

Closed on
Feb 19, 2002
Sold by
Banks Scalzitti Debra L and Betty Jeanette Banks Trust
Bought by
Heavey Nancy

Purchase Details

Closed on
Oct 7, 1998
Sold by
Daly Kathleen V
Bought by
Banks Betty Jeanette and The Betty Jeanette Banks Trust

Purchase Details

Closed on
May 17, 1995
Sold by
First Bank National Assn
Bought by
Daly Kathleen V
Source: Public Records

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Range of Values:

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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
Walsh Stephen Edward $135,000 First American Title
Heavey Nancy -- Near North National Title
Heavey Nancy $140,000 --
Banks Betty Jeanette $109,000 --
Daly Kathleen V $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Stephen Edward $40,000
Previous Owner Walsh Stephen Edward $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $135,000 -2.9% --
04/05/2021 04/05/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $139,000 0.0% --
03/27/2021 03/27/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $139,000 -- --
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 $3,902 $15,164 $629 $14,535
2023 $3,902 $15,164 $629 $14,535
2022 $3,902 $15,164 $629 $14,535
2021 $3,740 $12,167 $511 $11,656
2020 $1,989 $12,167 $511 $11,656
2019 $1,987 $13,558 $511 $13,047
2018 $451 $8,379 $452 $7,927
2017 $677 $8,379 $452 $7,927
2016 $1,139 $8,379 $452 $7,927
2015 $807 $7,165 $393 $6,772
2014 $817 $7,165 $393 $6,772
2013 $767 $7,165 $393 $6,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11026435

Midwest Real Estate Data (MRED)

APN: 09-17-423-028-1020