NOT LISTED FOR SALE

787 Graceland Ave Unit 301B Des Plaines, IL 60016

Estimated Value: $406,963

2 Beds
2 Baths
1,545 Sq Ft
$438/mo HOA Fee

Last Sold October 10, 2023

Last sale price $374,000 $242 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,931/month

3 Days on Market

Highlights

  • Wood Flooring
  • Party Room
  • Balcony
  • Central Elementary School Rated A
  • Elevator
  • 1 Car Attached Garage

About This Home

As of October 2023

This two-bedroom, two-bath condo offers a spacious and inviting living space. The bonus den room, featuring elegant French doors, adds versatility to the layout. The builder's model showcases thoughtful design details throughout. In the kitchen, you'll find birch cabinetry adorned with under cabinet lighting, complemented by a dual-height island that adds a touch of sophistication. The stainless steel appliances enhance the modern feel. The condo boasts hardwood floors that exude warmth and charm. The primary bedroom boasts an ensuite bath and spacious walk in closet. The attention to upkeep is evident as the property is proudly maintained. Natural light floods the interior, creating a bright and sunny ambiance. The inclusion of a walk-in laundry room with a laundry tub adds convenience to daily living. Indoor garage parking spot P-65 and storage S-59. Residents will enjoy access to a library and a party room, perfect for gatherings. The condo complex offers both front and rear outdoor parking for convenience. Its location is a standout feature, being close to downtown Des Plaines, ensuring easy access to shopping, transportation options including buses and trains, O'Hare airport, and major highways. The proximity to amenities like Prairie Lakes Fitness Center, Aquatic Center, and the public library further enhances the appeal of this condo.

Last Listed By

Mary O'Malley

@properties Christie's International Real Estate License #475145849 Listed on: 08/29/2023

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,301

Year Built

  • Built in 2003

Lot Details

  • 2.18

HOA Fees

  • $438 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,545 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room with Study Area

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 36 Units
  • Carol Marcov Association, Phone Number (847) 490-3873
  • The Waterford Of Des Plaines Subdivision, Lennox Floorplan
  • Property managed by Associa
  • 6-Story Property

Amenities

  • Party Room
  • Elevator
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,301

Year Built

Built in 2003

Lot Details

0

HOA Fees

$438 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: The Waterford of Des Plaines
  • Year Built: 2003
  • Age: 16-20 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): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1545
  • Room Type: Study, Foyer
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 385000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Radiant
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit
  • Association Fee: 438
  • Association Amenities: Elevator(s), Storage, Party Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa
  • Management Contact Name: Carol Marcov
  • Management Phone: 847-490-3873
  • ResoAssociationFeeFrequency: Monthly

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
  • Middle/Junior School District: 62

Lot Info

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

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3301.13
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Oct 13, 2023
Sold by
Lois J Nicopoulos Trust
Bought by
Damascus Aristides J
Seller's Agent
Mary O'Malley
@properties Christie's International Real Estate
Buyer's Agent
Robbin Muhr
Keller Williams Realty Ptnr,LL
List Price
$385,000
Sold Price
$374,000
Premium/Discount to List
-$11,000
-2.86%
Total Days on Market
3
Views
10
Current Estimated Value
$406,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,963
Avg. Annual Appreciation
4.10%

Purchase Details

Closed on
Jan 2, 2010
Sold by
Nicopoulos Lois J
Bought by
Nicopoulos Lois J and Trust #101

Range of Values:

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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
Damascus Aristides J $374,000 None Listed On Document
Nicopoulos Lois J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $374,000 -2.9% $242 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $385,000 -- $249 / 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 $2,838 $28,042 $643 $27,399
2023 $2,838 $28,042 $643 $27,399
2022 $2,838 $28,042 $643 $27,399
2021 $3,301 $17,463 $522 $16,941
2020 $3,023 $17,463 $522 $16,941
2019 $2,976 $19,459 $522 $18,937
2018 $3,313 $21,228 $462 $20,766
2017 $3,198 $21,228 $462 $20,766
2016 $3,791 $21,228 $462 $20,766
2015 $4,333 $18,875 $402 $18,473
2014 $4,153 $18,875 $402 $18,473
2013 $3,604 $18,875 $402 $18,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11870854

Midwest Real Estate Data (MRED)

APN: 09-17-425-056-1091