NOT LISTED FOR SALE

787 Graceland Ave Unit 503B Des Plaines, IL 60016

Estimated Value: $391,594 - $465,000

2 Beds
2 Baths
1,731 Sq Ft
$492/mo HOA Fee

Last Sold July 20, 2023

Last sale price $375,000 $217 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,502/month

1 Day on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • End Unit
  • Central Elementary School Rated A
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of July 2023

Don't miss this gorgeous 5th floor corner end unit in the heart of downtown Des Plaines! This is a 2 bedroom/2 full bath upper level condo with a desirable split floor plan that has been beautifully maintained by the original owner. You'll find spacious rooms and loads of natural sunlight throughout this condo. The eat in kitchen has stainless steel appliances, gas cooktop with vented hood, granite countertops and loads of cabinet space with a sliding door that leads to a large balcony. The bright living room and dining room are great for entertaining and are open to the kitchen. The expansive master bedroom has a full bath with double sinks, separate shower and tub and a huge walk-in closet with built-ins. The second bedroom is on the opposite side of the unit and has a walk-in closet and it's own separate full bath. There is a large laundry room located just off of the foyer with a standard size washer and dryer. Rentals and pets are allowed too! Private Storage Unit. In-Unit Laundry. Heated One Car Garage Parking. Plenty of Guest Parking. All this and within a short distance to Downtown Des Plaines, Metra, Theater, Restaurants and Library! Easy access to the interstate & O'Hare too!

Last Listed By

Audra Casey

@properties Christie's International Real Estate License #475164955 Listed on: 06/30/2023

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,032

Year Built

  • Built in 2003

Lot Details

  • 2.18

HOA Fees

  • $492 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,731 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • End Unit

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 36 Units
  • Customer Care Association, Phone Number (847) 490-3833
  • The Waterford Of Des Plaines Subdivision, Monaco Floorplan
  • Property managed by Associa Chicagoland
  • 6-Story Property

Amenities

  • Common Area
  • Elevator
  • Lobby
  • Community Storage Space

Pet Policy

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

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,032

Year Built

Built in 2003

Lot Details

0

HOA Fees

$492 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,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Drapes/Blinds, Granite Counters, Lobby
  • LivingArea: 1731
  • Other Equipment: Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Eating Area, Foyer
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 1731
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1731
  • Total Sq Ft: 1731
  • Main Level Sq Ft: 1731
  • Window Features: All
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • List Price: 375000
  • Lot Features: Common Grounds
  • OtherStructures: None
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 492
  • Association Amenities: Elevator(s), Storage, Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Customer Care
  • Management Phone: 847-490-3833
  • 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

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6031.85
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jul 14, 2023
Sold by
Cora E Tan Trust
Bought by
Janeczek Hatryk and Janeczek Michael
Seller's Agent
Audra Casey
@properties Christie's International Real Estate
Buyer's Agent
Violet Ostrowski
Keller Williams Thrive
List Price
$375,000
Sold Price
$375,000
Total Days on Market
1
Views
47
Current Estimated Value
$421,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,149
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Aug 27, 2015
Sold by
Tan Roger A and Tan Cora E
Bought by
Tan Cora E and Cora E Tan Trust Agreement

Purchase Details

Closed on
Mar 15, 2007
Sold by
841 Graceland Llc
Bought by
Tan Roger A and Tan Cora E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Janeczek Hatryk $375,000 None Listed On Document
Tan Cora E -- Attorney
Tan Roger A $355,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tan Roger A $280,600
Previous Owner Tan Roger A $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $375,000 0.0% $217 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $375,000 -- $217 / 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 $8,107 $31,510 $723 $30,787
2023 $8,107 $31,510 $723 $30,787
2022 $8,107 $31,510 $723 $30,787
2021 $6,032 $19,623 $587 $19,036
2020 $5,930 $19,623 $587 $19,036
2019 $5,885 $21,866 $587 $21,279
2018 $7,134 $23,853 $519 $23,334
2017 $7,008 $23,853 $519 $23,334
2016 $6,628 $23,853 $519 $23,334
2015 $6,412 $21,208 $451 $20,757
2014 $6,276 $21,208 $451 $20,757
2013 $6,120 $21,208 $451 $20,757
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11820628

Midwest Real Estate Data (MRED)

APN: 09-17-425-056-1109