NOT LISTED FOR SALE

787 Graceland Ave Unit 502B Des Plaines, IL 60016

Estimated Value: $365,000 - $407,000

2 Beds
2 Baths
1,570 Sq Ft
$374/mo HOA Fee

Last Sold May 27, 2021

Last sale price $278,000 $177 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,976/month

65 Days on Market

Highlights

  • Lock-and-Leave Community
  • End Unit
  • Balcony
  • Central Elementary School Rated A
  • Elevator
  • 1 Car Attached Garage

About This Home

As of May 2021

STUNNING downtown Des Plaines condo that shows like a MODEL! Enjoy convenient city living in this SPACIOUS 2bed/2bath home featuring a LARGE OPEN CONCEPT KITCHEN, AMPLE STORAGE, IN-UNIT LAUNDRY, CORNER VIEWS, & GARAGE PARKING! Step in & note the incredible layout of this MOVE-IN-READY 5th floor CONDO! Step through a generously sized foyer boasting pristine carpet, a spacious coat closet, & dedicated laundry room with ample storage space! Enter the OPEN CONCEPT KITCHEN/LIVING room overlooking rarely available & SUNNY CORNER VIEWS! This BRIGHT & SPACIOUS corner unit features an impressive dining space, thick concrete walls, & you can enjoy this truly peaceful location with no overhead neighbor! Host events with ease in the UPGRADED OPEN CONCEPT KITCHEN boasting ample cabinetry space, an enormous ISLAND WITH BREAKFAST BAR, STAINLESS STEEL appliances, beautiful CORIAN counters, & contemporary lighting! Take your meals al fresco on your very own private balcony while enjoying tranquil city views! Retreat to the expansive primary suite offering a SPACIOUS WALK-IN-CLOSET, elegant ceiling fan, towering views, & a PRIVATE EN SUITE! The primary en suite boasts plenty of storage space, a spacious walk-in-shower, & relaxing jetted tub! Guests will enjoy the privately located 2nd bedroom & 2nd FULL BATH with soaking tub! Keep your car warm all winter in the assigned GARAGE SPACE & take advantage of having your very own personal storage unit! WASHER & DRYER IN UNIT, RESPONSIBLE HOA, EASY ELEVATOR BUILDING, HEAT INCLUDED, & INCREDIBLE BUILDING AMENETIES! This downtown location has it all! Convenient location near the Metra and quick access to highways! Enjoy nearby shopping, restaurants, parks, entertainment, & MORE! Enjoy living in the top corner unit of this immaculate building! This is the URBAN OASIS YOU'VE BEEN WAITING FOR!

Last Agent to Sell the Property

Veronica Rodriguez

Redfin Corporation License #475165837 Listed on: 02/24/2021

Redfin Corporation

Last Buyer's Agent

Nadine Polk

Platinum Realty, Inc. License #475129092

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 2006

Lot Details

  • 2.18

HOA Fees

  • $374 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,570 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Schools

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

Utilities

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

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

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

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 36 Units
  • Carol Marcou Association, Phone Number (847) 490-3833
  • Property managed by Associa Chicagolad
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,042

Year Built

Built in 2006

Lot Details

0

HOA Fees

$374 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
  • Year Built: 2006
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • New Construction Y/N: No
  • 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
  • LivingArea: 1570
  • Other Equipment: TV-Cable, TV Antenna, Intercom, Fire Sprinklers, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Doors,Lever Style Door Handles,Panel Door(s)
  • Window Features: Blinds,Screens

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit, Master Antenna, Cable Access
  • List Price: 282500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 374
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagolad
  • Management Contact Name: Carol Marcou
  • Management Phone: 847-490-3833

Fee Information

  • Association Fee Includes: Heat, Water, Gas, 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
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3041.97
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Helm Tabitha
Bought by
Tabitha Helm Declaration Of Trust
Current Estimated Value
$386,666

Purchase Details

Listed on
Feb 24, 2021
Closed on
May 24, 2021
Sold by
Kostek Joseph J and Kostek Frank J
Bought by
Accettura Tabitha G
Seller's Agent
Veronica Rodriguez
Redfin Corporation
Buyer's Agent
Nadine Polk
Platinum Realty, Inc.
List Price
$287,500
Sold Price
$278,000
Premium/Discount to List
-$9,500
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$222,400
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2007
Sold by
841 Graceland Llc
Bought by
Kostek Theresa A
Source: Public Records

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
Tabitha Helm Declaration Of Trust -- None Listed On Document
Accettura Tabitha G $278,000 First American Title
Kostek Theresa A $316,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Accettura Tabitha G $222,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $278,000 -1.6% $177 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/23/2021 04/23/21 Price Changed $282,500 -1.7% $180 / Sq Ft
02/24/2021 02/24/21 For Sale $287,500 -- $183 / 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 $6,625 $28,443 $653 $27,790
2023 $6,438 $28,443 $653 $27,790
2022 $6,438 $28,443 $653 $27,790
2021 $3,374 $17,712 $530 $17,182
2020 $3,090 $17,712 $530 $17,182
2019 $3,042 $19,737 $530 $19,207
2018 $3,386 $21,531 $469 $21,062
2017 $3,268 $21,531 $469 $21,062
2016 $3,862 $21,531 $469 $21,062
2015 $4,414 $19,143 $407 $18,736
2014 $4,231 $19,143 $407 $18,736
2013 $4,223 $19,143 $407 $18,736
Source: Public Records

Agents Affiliated with this Home

  • Nadine Polk

    Buyer's Agent in 2021

    Nadine Polk

    Platinum Realty, Inc.

    (630) 373-3128

    1 in this area

    7 Total Sales

    Nadine Polk
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10998303

Midwest Real Estate Data (MRED)

APN: 09-17-425-056-1108

Illinois Cook County Des Plaines 60016

787 Graceland Ave Unit 502B, Des Plaines, IL

This home is located at 787 Graceland Ave Unit 502B, Des Plaines, IL 60016 since 24 February 2021 and is currently estimated at $386,666, approximately $246 per square foot. This property was built in 2006. 787 Graceland Ave Unit 502B is a home located in Cook County with nearby schools including Central Elementary School, Chippewa Middle School, and Maine West High School.

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