NOT LISTED FOR SALE

787 Graceland Ave Unit 403B Des Plaines, IL 60016

Estimated Value: $383,000 - $402,000

2 Beds
2 Baths
1,730 Sq Ft
$417/mo HOA Fee

Last Sold November 29, 2021

Last sale price $295,000 $171 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,178/month

27 Days on Market

Highlights

  • Attached Garage
  • Combination Dining and Living Room
  • Senior Tax Exemptions
  • Central Elementary School Rated A-

About This Home

As of November 2021

Gorgeous 2 bedroom Corner Condo located in the heart of downtown Des Plaines~ walking distance to all the downtown Des Plaines has to offer. The inviting foyer leads to a spacious family room with tons of natural lighting from all the windows and wood laminate flooring. Great formal dining area~ perfect for entertaining. The kitchen boasts stainless steel appliances, an abundance of cabinet space for storage, track lighting, granite counters, and an eat-in area with slider to the balcony. Convenient in-unit laundry too! The master suite includes; a huge walk-in closet and and very spacious en-suite bath with whirlpool tub, oversized walk-in shower, and double sinks. Relax or entertain on the balcony with great views of the downtown area. Minutes from restaurants, shopping, train station, and interstate. Great home in a great location!

Last Agent to Sell the Property

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634 Listed on: 09/20/2021

Co-Listed By

Suzi Warner

Legacy Properties, A Sarah Leonard Company, LLC License #475138157

Last Buyer's Agent

Michelle Kowalski

Keller Williams Inspire License #475126079

Keller Williams Inspire

Property Details

Home Type

  • Condominium

Year Built

  • 2008

Lot Details

  • 2.18

HOA Fees

  • $417 per month

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Separate Shower

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 36 Units
  • Manager Association, Phone Number (847) 490-3833
  • Property managed by Assoscia Chicagoland

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2008

Lot Details

0

HOA Fees

$417 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Co List Office Mls Id: MRD8079
  • Co List Office Phone: (847) 985-7050
  • Directions: Dempster Ave. South on Graceland to property.
  • Lot Size: COMMON
  • Master Model: MONACO
  • New Construction: No
  • Ownership: Condo
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 2008

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Other Equipment: Ceiling Fan(s)
  • Dining Room Type: Foyer
  • Stories: 6

Exterior Features

  • Exterior Features: Balcony
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Assoscia Chicagoland
  • Management Contact Name: Manager
  • Management Phone: 847-490-3833
  • Association Fee: 417
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Deposit Required, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 207
  • Middle Or Junior School: Chippewa Middle School

Lot Info

  • Special Assessments: N

Rental Info

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

Multi Family

  • Units in Building: 36

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 4243.03
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 23, 2021
Sold by
Bakakos George D
Bought by
Bakakos George D
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Michelle Kowalski
Keller Williams Inspire
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Current Estimated Value
$393,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,608
Avg. Annual Appreciation
7.36%
Original Mortgage
$236,000
Outstanding Balance
$217,372
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$176,236

Purchase Details

Closed on
Nov 24, 2009
Sold by
841 Graceland Llc
Bought by
Cacioppo Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,875
Interest Rate
5.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Bakakos George D $295,000 Chicago Title
Cacioppo Gina M $282,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakakos George D $236,000
Previous Owner Cacioppo Gina M $211,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $295,000 -3.3% $171 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $305,000 +9.3% $176 / Sq Ft
08/25/2016 08/25/16 Sold $279,000 -2.1% $161 / Sq Ft View Prior Sale
07/13/2016 07/13/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $285,000 -- $165 / 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 $8,309 $31,513 $723 $30,790
2023 $8,109 $31,513 $723 $30,790
2022 $8,109 $31,513 $723 $30,790
2021 $6,032 $19,625 $587 $19,038
2020 $4,243 $19,625 $587 $19,038
2019 $4,224 $21,868 $587 $21,281
2018 $5,285 $23,855 $519 $23,336
2017 $5,223 $23,855 $519 $23,336
2016 $5,935 $23,855 $519 $23,336
2015 $5,619 $21,211 $451 $20,760
2014 $5,517 $21,211 $451 $20,760
2013 $5,362 $21,211 $451 $20,760
Source: Public Records

Agents Affiliated with this Home

  • Sarah Leonard

    Seller's Agent in 2021

    Sarah Leonard

    Legacy Properties, A Sarah Leonard Company, LLC

    (224) 239-3966

    22 in this area

    2,700 Total Sales

    Sarah Leonard
    Section Image
  • Suzi Warner

    Seller Co-Listing Agent in 2021

    Suzi Warner

    Legacy Properties, A Sarah Leonard Company, LLC

    (224) 977-7355

    3 in this area

    205 Total Sales

    Suzi Warner
    Section Image

  • M

    Buyer's Agent in 2021

    Michelle Kowalski

    Keller Williams Inspire

    Section Image
  • Chris Placek

    Seller's Agent in 2016

    Chris Placek

    Baird Warner

    (312) 519-4037

    24 Total Sales

    Chris Placek
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11224284

Midwest Real Estate Data (MRED)

APN: 09-17-425-056-1101

Illinois Cook County Des Plaines 60016

787 Graceland Ave Unit 403B, Des Plaines, IL

Not Listed for Sale

Condos

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