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$250,000 Contingent
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Property Description
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.
Full Property Details
Full Property Details for 555 S River Rd #607
General
- Price: $250,000
- HOA FEE: $350/month
- Taxes: $4,404 (2024)
- Status: Contingent
- Type: Condo
- Source: MRED
- MLS ID: 12596969
- Updated: 3/24/2026
- Added to Site: 15 day(s) ago
Interior
- Basement: None
- Interior Features: Walk-In Closet(s), Open Floorplan, Lobby
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Elevator(s), Storage
- Other Features: Commuter Bus, Commuter Train, Flood Zone
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Yes, Attached, Garage
Location
- Area: Des Plaines
- County: Cook
- Township: Maine
- Driving Directions: S. On Northwest Highway, left on Miner St., Right on S. Des Plaines River Road, Sharp right to 555. Riverwalk Condominiums.
School Information
- School District: 62
- Elem School District: 62
- Midd School District: 62
- High School District: 207
- Elementary School: North Elementary School
- Middle School: Chippewa Middle School
Community
- Assoc. Fees Include: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance
- Pets Allowed: Yes
- Pets: Cats OK
- Pet Restrictions: Cats OK
- Mgmt. Company: McKenzie Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 6
- Stories/Levels: 7
- Square Feet: 1,200
- Sq. Ft. Source: Estimated
- Year Built: 1992
Unit Information
- Units in Building: 48
Lot Features
- Lot Dimensions: Common
Animals
- Animals Allowed: Cats OK
Financial Considerations
- Association Fee: $350
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1992
- Tax Amount: $4,404.86
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 9163001181039
Listed by Coldwell Banker Real Estate Group
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Schools
Schools serving 555 S River Rd #607
School Districts:Des Plaines Community Consolidated School District 62, Maine Township High School District 207
| Name | Grades | Distance |
|---|---|---|
North Elementary School, Des Plaines, IL 1789 Rand Road, Des Plaines, IL 60016 | K-5 | 0.2 mi |
Iroquois Community School 1836 East Touhy Avenue, Des Plaines, IL 60018 | K-8 | 2.2 mi |
Chippewa Middle School, Des Plaines, IL 123 North 8th Avenue, Des Plaines, IL 60016 | 6-8 | 1.5 mi |
Maine West High School 1755 South Wolf Road, Des Plaines, IL 60018 | 9-12 | 1.9 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 S River Rd #607
Date
Details
Price
Change
Source
3/20/2026
Listed
$250,000
—
MLS
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
Tax History for 555 S River Rd #607
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,302
—
$29,765
52%
2023
$4,302
3%
$19,632
—
2022
$4,172
4%
$19,632
20%
2021
$4,014
—
$16,388
—
2020
$4,015
1%
$16,388
-10%
2019
$3,992
17%
$18,262
23%
2018
$3,420
1%
$14,870
—
2017
$3,377
-2%
$14,870
—
2016
$3,438
12%
$14,870
16%
2015
$3,076
2%
$12,797
—
2014
$3,029
3%
$12,803
—
2013
$2,936
-17%
$12,803
-23%
2012
$3,555
—
$16,614
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 555 S River Rd #607
555 S River Road #607, Des Plaines, IL 60016 (MLS# 12596969) is a Condo property with 2 bedrooms and 2 full bathrooms. 555 S River Road #607 is currently listed for $250,000 and was received on March 20, 2026. Want to learn more about 555 S River Road #607? 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.

