Beautifully updated 2-bedroom, 2-bath condo offering nearly 1,500 sq ft of living space on the 5th floor. The home features a newly updated kitchen with white cabinetry, stainless steel appliances, and a functional galley layout. Enjoy the spacious living areas and a large private balcony-perfect for relaxing or entertaining. The spacious primary bedroom includes a private full bath with double sinks and a huge walk-in closet. Both bathrooms have been beautifully remodeled. Enjoy the convenience of your own in-unit laundry room. A unique highlight is that there are no condos directly above, providing added privacy and quiet. Ideally located in the heart of Des Plaines, close to shopping, dining, and transportation. Move-in ready-nothing to do but unpack and enjoy!
Closed
$325,000
555 Graceland Ave APT 503, Des Plaines, IL 60016
2beds
1,400sqft
Condominium, Single Family Residence
Built in 1978
-- sqft lot
$331,800 Zestimate®
$232/sqft
$2,267 Estimated rent
Home value
$331,800
$299,000 - $368,000
$2,267/mo
Zestimate® history
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$2,401/mo
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$2,401/mo
Est. payment
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List your homeWhat's special
Spacious primary bedroomFunctional galley layoutStainless steel appliancesOwn in-unit laundry roomHuge walk-in closet
Zillow last checked:
Listing updated:
Listed by:
Justyna Trublowski, ABR,CIPS,E-PRO,PSA,RENE,SFR (773)817-6677,
Exit Realty Redefined
Bought with:
Sherry Prus
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12591190
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet), Window Treatments (Blinds), Bathroom (Full)
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16X12
Bedroom 2
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Wood Laminate), Window Treatments (Blinds)
- Level: Main
- Area: 136 Square Feet
- Dimensions: 17X8
Laundry
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 30 Square Feet
- Dimensions: 6X5
Living room
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16X12
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Washer Hookup, In Unit
Features
- Elevator, Storage, Walk-In Closet(s), Granite Counters
- Basement: None
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Features
- Exterior features: Balcony
Lot
- Features: Common Grounds
Details
- Additional structures: Shed(s)
- Parcel number: 09174090261024
- Special conditions: Exclusions-Call List Office
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Block
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Harmony Terrace
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Storage, Party Room, Sundeck
- Services included: Water, Parking, Insurance, Snow Removal
- HOA fee: $488 monthly
Location
- Region: Des Plaines
Financial & listing details
- Price per square foot: $232/sqft
- Tax assessed value: $162,340
- Annual tax amount: $3,488
- Date on market: 3/19/2026
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Sold | $325,000+0%$232/sqft |
Source:  MRED as distributed by MLS GRID #12591190 Report a problem | ||
| 3/23/2026 | Contingent | $324,900$232/sqft |
Source: MRED as distributed by MLS GRID #12591190 Report a problem | ||
| 3/19/2026 | Listed for sale | $324,900+152.8%$232/sqft |
Source: MRED as distributed by MLS GRID #12591190 Report a problem | ||
| 12/11/2018 | Sold | $128,500+10.8%$92/sqft |
Source: MRED as distributed by MLS GRID #10021199 Report a problem | ||
| 4/10/1995 | Sold | $116,000$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,488 +2.4% | $16,234 +0% |
| 2023 | $3,406 +3.3% | $16,232 |
| 2022 | $3,297 +3.4% | $16,232 +18.5% |
| 2021 | $3,187 -0.5% | $13,699 |
| 2020 | $3,202 -22.1% | $13,699 -10.3% |
| 2019 | $4,108 +78.8% | $15,266 +37.3% |
| 2018 | $2,298 +1% | $11,118 |
| 2017 | $2,275 -5% | $11,118 |
| 2016 | $2,396 -3.7% | $11,118 +2.4% |
| 2015 | $2,489 -32.4% | $10,855 -27.6% |
| 2014 | $3,679 +3.1% | $15,001 |
| 2013 | $3,570 -4% | $15,001 -13.1% |
| 2012 | $3,717 +1.5% | $17,257 |
| 2011 | $3,662 +16% | $17,257 |
| 2010 | $3,156 +12.6% | $17,257 -7% |
| 2009 | $2,802 +16.4% | $18,551 -12% |
| 2008 | $2,406 +4.6% | $21,081 |
| 2007 | $2,300 -4.4% | $21,081 +20% |
| 2006 | $2,404 +10.3% | $17,561 |
| 2005 | $2,181 +4.8% | $17,561 |
| 2004 | $2,080 +4.7% | $17,561 +35.7% |
| 2003 | $1,987 +3% | $12,944 |
| 2002 | $1,929 +10.4% | $12,944 |
| 2001 | $1,747 +1.3% | $12,944 +10.1% |
| 2000 | $1,725 +3.1% | $11,754 |
| 1999 | $1,672 | $11,754 |
Find assessor info on the county website
Neighborhood: 60016
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Nearby schools
GreatSchools rating
- 5/10North Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Chippewa Middle SchoolGrades: 6-8Distance: 1.3 mi
- 9/10Maine West High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Middle: Chippewa Middle School
- District: 62
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$331,800
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Estimated market value
$331,800
- Illinois
- Cook County
- Des Plaines
- 60016
- 555 Graceland Ave Apartment 503
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