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$324,900 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,400 Sq. Ft.
  • 1 Car Garage
  • Updated 13 hours ago
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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!

Full Property Details for 555 Graceland Ave #503

General

  • Price: $324,900
  • HOA FEE: $488/month
  • Taxes: $3,488 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12591190
  • Updated: 3/19/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: None
  • Interior Features: Elevator, Storage, Walk-In Closet(s), Granite Counters
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Separate Shower, Double Sink

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Elevator(s), Storage, Party Room, Sundeck
  • Equipment: Intercom
  • Other Features: School Bus Service, Commuter Bus, Commuter Train

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Asphalt, Yes, Garage Owned, Attached, Garage

Location

  • Area: Des Plaines
  • County: Cook
  • Township: Maine
  • Subdivision: Harmony Terrace
  • Driving Directions: JUST N. OF MINER/NORTHWEST HIGHWAY ONE BLOCK WEST OF LEE ST.

School Information

  • School District: 62
  • Elem School District: 62
  • Midd School District: 62
  • High School District: 299
  • Middle School: Chippewa Middle School

Community

  • Assoc. Fees Include: Water, Parking, Insurance, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK, Number Limit, Size Limit
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 30lbs.
  • Mgmt. Company: Broad Shoulders Management

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Condo, Mid-Rise (4 to 6 Stories)
  • Construction: Block
  • Exterior Const.: Block
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Entry Floor Number: 5
  • Stories/Levels: 6
  • Square Feet: 1,400
  • Sq. Ft. Source: Appraiser
  • Year Built: 1978

Unit Information

  • Units in Building: 33

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Dimensions: COMMON
  • Lot Features: Common Grounds

Animals

  • Animals Allowed: Cats OK, Dogs OK, Number Limit, Size Limit

Financial Considerations

  • Association Fee: $488
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1978
  • Tax Amount: $3,488
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: Exclusions-Call List Office
  • Property ID: 9174090261024

Listed by Exit Realty Redefined

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— 555 Graceland Ave #503 —

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 555 Graceland Ave #503

School Districts:Des Plaines Community Consolidated School District 62, Maine Township High School District 207
NameGradesDistance
North Elementary School, Des Plaines, IL
1789 Rand Road, Des Plaines, IL 60016
K-50.4 mi
Iroquois Community School
1836 East Touhy Avenue, Des Plaines, IL 60018
K-82.3 mi
Chippewa Middle School, Des Plaines, IL
123 North 8th Avenue, Des Plaines, IL 60016
6-81.3 mi
Maine West High School
1755 South Wolf Road, Des Plaines, IL 60018
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 555 Graceland Ave #503 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Listed
$324,900
42.19%
MLS
11/29/2018
Sold
$228,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 555 Graceland Ave #503

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,406
3%
$16,232
—
2022
$3,297
3%
$16,232
18%
2021
$3,187
—
$13,699
—
2020
$3,202
-22%
$13,699
-10%
2019
$4,108
79%
$15,266
37%
2018
$2,298
1%
$11,118
—
2017
$2,275
-5%
$11,118
—
2016
$2,396
-4%
$11,118
2%
2015
$2,489
-32%
$10,855
-28%
2014
$3,679
3%
$15,001
—
2013
$3,570
-4%
$15,001
-13%
2012
$3,717
—
$17,257
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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555 Graceland Avenue #503, Des Plaines, IL 60016 (MLS# 12591190) is a Condo property with 2 bedrooms and 2 full bathrooms. 555 Graceland Avenue #503 is currently listed for $324,900 and was received on March 19, 2026. Want to learn more about 555 Graceland Avenue #503? Do you have questions about finding other Condo real estate for sale in Des Plaines? You can browse all Des Plaines real estate or contact a Coldwell Banker agent to request more information.

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