When was property at 555 South 3rd Avenue built and last sold?

The property at 555 South 3rd Avenue was built in 1956 and last sold on Sep 23, 2022 for $293,000.

How much is this home worth?

The estimated value of the home located at 555 South 3rd Avenue is $304,156.

What are some comparable homes to 555 South 3rd Avenue?

There are currently no comparable homes to 555 South 3rd Avenue.

Des Plaines

60016

555 S 3rd Avenue

$293,000

● House - Off Market

555 S 3rd Avenue

Des Plaines, IL 60016

3 Beds

2 Baths, 1 Half Bath

1,190 Ft²

$311,908

RealtyHop Estimate

4.00%

Since Oct 1, 2022

National-US

Primary Model

About This Property

***Multiple Offers Received. Highest and Best due by 9am on Monday June 27th*** If you're looking for a super clean home that's all on one level, you're going to love this updated ranch. Your new home has just been remodeled with new appliances, all new bathrooms, light fixtures and freshly painted. The original oak hardwood flooring throughout has been professionally refinished in a modern walnut color. All doors and hardware have been updated with modern 6 panel doors and the entire home has been painted a modern light grey color. Significant work was just completed in the crawlspace including a new drain tile, sump pit and pump and vapor barrier. You'll never have to worry about moisture... Submit your OFFER NOW on this classic ranch!

Unit Size

1,190 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$252

Property Type

House

Property Taxes

$456

HOA Dues

Year Built

1956

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11441442)

Price History

Date / Event	Date	Event
Sep 23, 2022	Sold	Premium
Sold
Jun 23, 2022	No longer available	-
No longer available
Jun 21, 2022	Listed by Platinum Partners Realtors	$299,900
Listed by Platinum Partners Realtors
Jun 3, 2022	Price Decreased	$319,900 ↓ $5K (1.5%)
Price Decreased
May 4, 2022	Price Decreased	$324,900 ↓ $15K (4.4%)
Price Decreased
Apr 20, 2022	Price Decreased	$339,900 ↓ $5K (1.5%)
Price Decreased
Apr 9, 2022	Price Decreased	$344,900 ↓ $5K (1.4%)
Price Decreased
Mar 3, 2022	Listed by Platinum Partners Realtors	$349,900
Listed by Platinum Partners Realtors

	If you're looking for a super clean home that's all on one level, you're going to love this updated ranch. Your new home has just been remodeled with new appliances, all new bathrooms, light fixtures and freshly painted. The original oak hardwood flooring throughout has been professionally refinished in a modern walnut color. All doors and hardware have been updated with modern 6 panel doors and the entire home has been painted a modern light grey color. Significant work was just completed in the crawlspace including a new drain tile, sump pit and pump and vapor barrier. You'll never have to worry about moisture... Submit your OFFER NOW on this classic ranch! The manager has listed the unit size as 1300 square feet.

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1956

Effective Year Built: 1956
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 28
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,384

Total Building Area: 962
Gross Building Area: 962
Building Area: 962
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 10
Heated Square Feet: 962
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: DESPLAINES MANOR TRACT2
Land Acres: 0000000170
Standard Land Use Code: 1001
County Land Use Code: 2-02
Legal Description 1: (DESPLAINES) MANOR (TRACT2) SUB OF WH SEC 18-41-12

Neighborhood

School District Name: Des Plaines Community Consolidated School District 62

Census Tract: 806300

Geography

District: 22

Subdivision Tract Number: 2
Parcel: 09-17-308-001-0000
Block: 19
Lot: 5
Meridian: SEC 18 TWN 41N RNG 12E
Municipality: MAINE
Latitude: 42.0428
Longitude: -87.9015

Address

Full Address: 555 S 3rd Ave

Address - House Number: 555
Street Direction: S
Address - Street Name: 3rd
Address - Suffix Type: Ave
State: IL
City Name: Des Plaines
Carrier Code: C003
4-Digit Zip Code: 3265
Zip Code: 60016

Valuation

Tax

Tax Year: 2022

Tax Amount: $540,364
Tax Rate Code Area: 22028

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 308,278
High Value: 339,448
Low Value: 277,109

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $210,000

Market Land Value: $55,380
Market Improvement Value: $154,620

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $21,000
Assessed Land Value: $5,538
Assessed Improvements Value: $15,462

Sales

Current Sale Contract Date: Sep 23, 2022

Current Sale Recording Date: Nov 17, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 41244
Previous Sale Recording Date: Nov 22, 2021
Previous Sale Contract Date: Nov 05, 2021
Previous Sale Amount: $190,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

Average Home Size

1662 ft²

Average Home Age

50.3 years

Currently For Sale

104 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1670 Mill Street, Des Plaines, IL, 60016

$2,800 /mo

2 Beds
2 Baths
1,385 ft²

1670 Mill Street #303, Des Plaines, IL, 60016 Listing by Andrea Hebner

Unit for rent at 1798 Howard Avenue, Des Plaines, IL, 60018

$2,850 /mo

3 Beds
1 Bath
1,017 ft²

1798 Howard Avenue, Des Plaines, IL, 60018 Listing by Julia Leon

Unit for rent at 2209 Douglas Avenue, Des Plaines, IL, 60018

$2,850 /mo

3 Beds
4 Baths
1,422 ft²

2209 Douglas Avenue, Des Plaines, IL, 60018 Listing by Zeeshan Bhimji

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Robert Hayes, Platinum Partners Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11441442

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

555 S 3rd Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Des Plaines

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions