NOT LISTED FOR SALE

787 Graceland Ave Unit 408B Des Plaines, IL 60016

Estimated Value: $324,000 - $350,000

2 Beds
2 Baths
1,269 Sq Ft
2.18 Acres

Highlights

  • Wood Flooring
  • Party Room
  • Balcony
  • Central Elementary School Rated A
  • Stainless Steel Appliances
  • 1 Car Attached Garage

About This Home

As of August 2023

Beautiful 2 Bdrm, 2 bath. open concept living at The Waterford. Split bedroom floor plan! Hardwood floors in living room, dining room & kitchen! New carpeting in bedrooms! Luxury living! All stainless-steel appliances in kitchen! Master bedroom has private bath & walk-in closet! Washer and dryer in unit! Large balcony overlooking courtyard Central Air Conditioning, Indoor heated garage parking #91 and storage! An abundance of guest parking available in front & back of building! Very convenient location! Available 9/1/23 Easy to show with 24hrs notice!

Last Agent to Rent the Property

Gary Ellis

RE/MAX Suburban License #471000852 Listed on: 07/15/2023

RE/MAX Suburban

Last Renter's Agent

Meldina Dervisevic

Century 21 Dream Homes License #471006933

Century 21 Dream Homes

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,025

Year Built

  • Built in 2007

Lot Details

  • 2.18

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Flexicore

Interior Spaces

  • 1,269 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Storage

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Security Deposit $1,995
  • Property Available on 9/1/23
  • Rent includes heat, water, parking, scavenger, exterior maintenance, lawn care, storage lockers, snow removal

Community Details

Overview

  • 36 Units
  • Association Phone (847) 490-3833
  • The Waterford Of Des Plaines Subdivision
  • Property managed by Asoc. Chicagoland
  • 5-Story Property

Amenities

  • Common Area
  • Party Room
  • Laundry Facilities
  • Community Storage Space
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,025

Year Built

Built in 2007

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2023-09-01
  • Board Approval: Yes
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1995
  • Security Deposit: 1995
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee,Move-in Mon-Fri,Move Out Fee,Refundable Damage Deposit

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Subdivision Name: The Waterford of Des Plaines
  • Year Built: 2007
  • Age: 16-20 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: 4
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

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
  • Furnished: No
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Flexicore
  • LivingArea: 1269
  • Room Type: No additional rooms
  • Stories Total: 5
  • 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
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, Master Antenna, Cable Access
  • List Price: 1995
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt,Brick,Concrete,Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Radiant
  • Laundry Features: In Unit, Common Area, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Elevator(s), Storage, Party Room
  • Rent Includes: Heat, Water, Parking, Scavenger, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal
  • Management: Monday through Friday
  • Management Company: Asoc. Chicagoland
  • Management Contact Name: x
  • Management Phone: 847-490-3833

Schools

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

Lot Info

  • Lot Dimensions: INTEGRAL

Multi Family

  • Units in Building: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Amla Properties Inc
Bought by
Prazad Rajendra K
Current Estimated Value
$332,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$177,298
Interest Rate
4.75%
Estimated Equity
$151,838

Purchase Details

Closed on
Mar 11, 2022
Sold by
Amla Properties Inc
Bought by
Prazad Rajendra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$177,298
Interest Rate
4.75%
Estimated Equity
$151,838

Purchase Details

Closed on
Dec 29, 2006
Sold by
841 Graceland Llc
Bought by
Eastline Dorothy E and Eastline Revocable T Dorothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Prazad Rajendra K -- --
Prazad Rajendra K -- Shvartsman Law Offices
Eastline Dorothy E $278,500 Attorneys Title Guaranty Fun
Eastline Dorothy E $278,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prazad Rajendra K $187,500
Closed Prazad Rajendra K $187,500
Previous Owner Eastline Dorothy E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Rented $2,000 +0.3% --
07/31/2023 07/31/23 Off Market $1,995 -- --
07/24/2023 07/24/23 For Rent $1,995 0.0% --
07/22/2023 07/22/23 Under Contract -- -- --
07/18/2023 07/18/23 For Rent $1,995 0.0% --
07/17/2023 07/17/23 Off Market $1,995 -- --
07/15/2023 07/15/23 For Rent $1,995 +5.0% --
07/10/2021 07/10/21 Rented -- -- --
07/08/2021 07/08/21 Under Contract -- -- --
06/30/2021 06/30/21 For Rent $1,900 +8.6% --
10/25/2019 10/25/19 Rented $1,750 0.0% --
10/23/2019 10/23/19 Under Contract -- -- --
09/16/2019 09/16/19 For Rent $1,750 0.0% --
10/23/2018 10/23/18 Rented $1,750 0.0% --
10/15/2018 10/15/18 Under Contract -- -- --
09/24/2018 09/24/18 Price Changed $1,750 -2.8% $1 / Sq Ft
09/10/2018 09/10/18 For Rent $1,800 +5.9% --
06/01/2017 06/01/17 Rented $1,700 0.0% --
05/23/2017 05/23/17 Under Contract -- -- --
05/19/2017 05/19/17 For Rent $1,700 -- --
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 $6,025 $22,852 $524 $22,328
2023 $5,880 $22,852 $524 $22,328
2022 $5,880 $22,852 $524 $22,328
2021 $4,374 $14,231 $426 $13,805
2020 $4,301 $14,231 $426 $13,805
2019 $4,268 $15,858 $426 $15,432
2018 $5,173 $17,298 $376 $16,922
2017 $5,082 $17,298 $376 $16,922
2016 $4,807 $17,298 $376 $16,922
2015 $3,279 $15,381 $327 $15,054
2014 $3,143 $15,381 $327 $15,054
2013 $3,138 $15,381 $327 $15,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11833002

Midwest Real Estate Data (MRED)

APN: 09-17-425-056-1106