Active Under Contract

$250,000

555 River Road, Des Plaines, IL 60016
2 Beds2 Baths0 sqft7 days
555 River Road·Des Plaines, IL 60016
2Bedrooms
2Bathrooms
0Sq Ft
1992Year Built
About This Home

Great Rehab Opportunity in the Heart of Des Plaines! Bring your vision to this 2-bedroom, 2-bathroom condo located in a well-maintained building in desirable Des Plaines. This unit is in need of some love, making it the perfect opportunity for flippers or buyers looking to customize their own space. The condo features a spacious open-concept layout with great potential, along with a large private balcony ideal for outdoor enjoyment. Additional highlights include an in-unit laundry room, separate storage unit, and a covered garage with one assigned parking space. Situated just minutes from shopping, dining, and downtown Des Plaines, this location offers strong upside value once renovations are complete. No rentals.

MLS# MRD12596969Listed March 20, 2026Residential
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories7
Garage Spaces1
Fireplaces0
Year Built1992
Lot SizeCommon

Location

CountyCook
TownshipMaine
Zip Code60016

Financial

List Price$250,000
Annual Taxes (2024)$4,405
Monthly Tax Est.$367
Parcel #09163001181039
Interior Features

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

Washer HookupIn Unit

Accessibility

Entry Slope less than 1 footNo Interior StepsCommon Area
Exterior & Lot

Construction

Brick

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerYesAttachedGarage
HOA & Community
HOA Fee
$350
Monthly

HOA Includes

HeatWaterGasParkingInsuranceExterior Maintenance

Association Amenities

Elevator(s)Storage
Schools
Elementary
North Elementary School
District: 62
Middle School
Chippewa Middle School
District: 62
Tax & Financial
Annual Taxes
$4,405
Tax Year 2024
Monthly Tax Est.
$367
per month
Property Location

555 River Road, Des Plaines, IL 60016Cook County

$250,000
555 River Road
2 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
1-car garage
Common
$4,405/yr taxes
$350 HOA (monthly)
$2,031
estimated monthly payment
Principal & Interest
$1,314/mo
Property Tax
$367/mo
HOA
$350/mo
$250,000
20% — $50,000
3%50%
6.875%
3%12%
Loan Amount
$200,000
Down Payment
$50,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Real Estate Group
Agent: Erin Murphy
REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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