Prime downtown Des Plaines location-steps to Metra, shopping, library, Walgreens, and dining! This sun-filled, sprawling 2-bedroom, 2-bathroom condo is nestled in a secure, elevator building and offers a spacious, open layout perfect for everyday living and entertaining. The bright living and dining areas flow seamlessly into a generous eat-in kitchen with abundant cabinetry. Enjoy fresh air and morning coffee on your private balcony with access from both the living room and kitchen. The large primary suite includes an oversized walk-in closet and en-suite bathroom. Brand new furnace (April 2025) and newer central A/C (2023). Thoughtfully designed with a full-size in-unit laundry room and extra cabinetry for storage. Includes one heated garage space plus exterior parking for a second vehicle, and additional dedicated storage locker. Well maintained HOA. Incredible opportunity to call this rarely available high-floor unit home!
Closed
$260,000
555 Graceland Ave APT 505, Des Plaines, IL 60016
2beds
--sqft
Condominium, Single Family Residence
Built in 1979
-- sqft lot
$273,500 Zestimate®
$--/sqft
$2,409 Estimated rent
Home value
$273,500
$246,000 - $304,000
$2,409/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Louis Parrino 630-386-0782,
@properties Christie's International Real Estate
Bought with:
Teresa Adamiec
HomeSmart Connect LLC
Source: MRED as distributed by MLS GRID,MLS#: 12424464
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Balcony/Porch/Lanai
Primary bedroom
- Features: Flooring (Carpet), Window Treatments (Blinds), Bathroom (Full)
- Level: Main
- Area: 216 Square Feet
- Dimensions: 18X12
Bedroom 2
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Balcony porch lanai
- Level: Main
- Area: 100 Square Feet
- Dimensions: 20X5
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X9
Kitchen
- Features: Flooring (Ceramic Tile), Window Treatments (Blinds)
- Level: Main
- Area: 153 Square Feet
- Dimensions: 9X17
Laundry
- Level: Main
- Area: 48 Square Feet
- Dimensions: 6X8
Living room
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 273 Square Feet
- Dimensions: 13X21
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Washer Hookup
Features
- Basement: None
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Heated Garage, On Site, Attached, Assigned, Owned, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 09174090261026
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
HOA
- Has HOA: Yes
- Services included: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $488 monthly
Location
- Region: Des Plaines
Financial & listing details
- Tax assessed value: $162,340
- Annual tax amount: $2,706
- Date on market: 7/18/2025
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Sold | $260,000-1.9% |
Source:  MRED as distributed by MLS GRID #12424464 Report a problem | ||
| 9/5/2025 | Pending sale | $265,000 |
Source: MRED as distributed by MLS GRID #12424464 Report a problem | ||
| 8/9/2025 | Contingent | $265,000 |
Source: MRED as distributed by MLS GRID #12424464 Report a problem | ||
| 7/18/2025 | Price change | $265,000-5.4% |
Source: MRED as distributed by MLS GRID #12424464 Report a problem | ||
| 7/3/2025 | Price change | $279,999-2.6% |
Source: MRED as distributed by MLS GRID #12410389 Report a problem | ||
| 6/13/2025 | Listed for sale | $287,500+70.1% |
Source: MRED as distributed by MLS GRID #12392470 Report a problem | ||
| 8/27/2018 | Sold | $169,000-19.7% |
Source: MRED as distributed by MLS GRID #09981800 Report a problem | ||
| 9/14/2004 | Sold | $210,500+45.7% |
Source: Public Record Report a problem | ||
| 5/15/2000 | Sold | $144,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,778 +2.6% | $16,234 +0% |
| 2023 | $2,706 +4.4% | $16,232 |
| 2022 | $2,593 -18.7% | $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 -32.2% | $17,561 |
| 2004 | $3,216 +61.9% | $17,561 +35.7% |
| 2003 | $1,987 +3% | $12,944 |
| 2002 | $1,929 +10.4% | $12,944 |
| 2001 | $1,747 +14.3% | $12,944 +10.1% |
| 2000 | $1,528 +3.6% | $11,754 |
| 1999 | $1,474 | $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
- Elementary: North Elementary School
- Middle: Chippewa Middle School
- High: Maine West High 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
$273,500
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Estimated market value
$273,500
- Illinois
- Cook County
- Des Plaines
- 60016
- 555 Graceland Ave Apartment 505
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