NOT LISTED FOR SALE

787 Graceland Ave Unit 604B Des Plaines, IL 60016

Estimated Value: $365,379 - $443,000

2 Beds
2 Baths
1,450 Sq Ft
$294/mo HOA Fee

Last Sold January 16, 2018

Last sale price $286,000 $197 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,861/month

110 Days on Market

Highlights

  • Rooftop Deck
  • Heated Floors
  • End Unit
  • Central Elementary School Rated A
  • Lock-and-Leave Community
  • Terrace

About This Home

As of January 2018

Wow!!! If you love open living spaces . . . . that flow right into outdoor spaces . . . .then you will absolutely fall in love with this penthouse!!! Tons of light flows into this corner penthouse condo with easy access to the huge, private terrace PLUS a separate balcony off the living room!! The views from these sunny exposures go on for miles and stretch all the way to the Willis Tower!!! Of course, the condo is gorgeous and the location is super convenient to Metra, buses, restaurants, tons of shopping, parks, 294 and O'Hare.

Last Agent to Sell the Property

Frank Pantell

Keller Williams Success Realty License #471004704 Listed on: 07/07/2017

Keller Williams Success Realty

Last Buyer's Agent

Patricia Huston

Berkshire Hathaway HomeServices Chicago License #475126337

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,562

Year Built

  • Built in 2007

Lot Details

  • End Unit

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • 1,450 Sq Ft Home
  • Combination Dining and Living Room
  • Home Office
  • Storage
  • Intercom

Kitchen

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

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Terrace

Schools

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 36 Units
  • Asoc. Chicagoland Association, Phone Number (847) 490-3833
  • Mid-Rise Condominium
  • The Waterford Of Des Plaines Subdivision, Fairfax Floorplan
  • Property managed by Asoc. Chicagoland
  • Lock-and-Leave Community
  • 6-Story Property

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Resident Manager or Management On Site
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,562

Year Built

Built in 2007

Lot Details

0

HOA Fees

$294 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Subdivision Name: THE WATERFORD OF DES PLAINES
  • Year Built: 2007
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Flexicore
  • LivingArea: 1450
  • Other Equipment: Intercom
  • Room Type: Balcony/Porch/Lanai, Office, Terrace
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 309900
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 294
  • Association Amenities: Elevator(s), Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: Asoc. Chicagoland
  • Management Contact Name: Asoc. Chicagoland
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: 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: ALGONQUIN MIDDLE SCHOOL
  • Middle/Junior School District: 62

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 4562
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jan 6, 2018
Sold by
Grzesik Jonathan A and Tornatta Molly
Bought by
Nuich John and Nuich Nancy
Seller's Agent
Frank Pantell
Keller Williams Success Realty
Buyer's Agent
Patricia Huston
Berkshire Hathaway HomeServices Chicago
List Price
$329,900
Sold Price
$286,000
Premium/Discount to List
-$43,900
-13.31%
Current Estimated Value
$399,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,845
Avg. Annual Appreciation
3.79%

Purchase Details

Listed on
Mar 15, 2013
Closed on
Aug 16, 2013
Sold by
Hasik Anna S and Ryan Eric
Bought by
Grzesik Jonathan M and Tornatta Molly L
Seller's Agent
Kirsten Brogan
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Frank Pantell
Keller Williams Success Realty
List Price
$247,000
Sold Price
$237,000
Premium/Discount to List
-$10,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$213,300
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2008
Sold by
841 Graceland Llc
Bought by
Hasik Anna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,900
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nuich John $286,000 Attorney
Grzesik Jonathan M $237,000 None Available
Hasik Anna S $315,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grzesik Jonathan M $213,300
Previous Owner Hasik Anna S $251,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $286,000 -7.7% $197 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
09/14/2017 09/14/17 Price Changed $309,900 -3.1% $214 / Sq Ft
08/03/2017 08/03/17 Price Changed $319,900 -3.0% $221 / Sq Ft
07/07/2017 07/07/17 For Sale $329,900 +39.2% $228 / Sq Ft
08/16/2013 08/16/13 Sold $237,000 -4.0% $163 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $247,000 -- $170 / 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 $5,366 $26,320 $604 $25,716
2023 $5,188 $26,320 $604 $25,716
2022 $5,188 $26,320 $604 $25,716
2021 $3,195 $16,390 $490 $15,900
2020 $3,266 $16,390 $490 $15,900
2019 $3,254 $18,264 $490 $17,774
2018 $4,109 $19,924 $434 $19,490
2017 $4,862 $19,924 $434 $19,490
2016 $4,843 $19,924 $434 $19,490
2015 $4,562 $17,715 $377 $17,338
2014 $4,482 $17,715 $377 $17,338
2013 $4,353 $17,715 $377 $17,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09682134

Midwest Real Estate Data (MRED)

APN: 09-17-425-056-1116