$256,666*
●
Condo -
Off Market
700 Graceland Avenue #708
DES PLAINES, IL 60016
2 Beds
2 Baths
1,135 Ft²
$157,000 - $191,000
Reference Base Price*
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
DON'T MISS THIS LIGHT FILLED, SW CORNER, TOP FLOOR PENTHOUSE W/2
BRS, 2 BAS, & IN-UNIT LAUNDRY. PREPARE TO BE WOW'D, THIS ONE IS AS
MOVE IN READY AS IT GETS. NOT A THING TO DO HERE! THE OPEN FLOOR
PLAN W/SEPARATE DINING ROOM IS PERFECT FOR ALL OF YOUR ENTERTAINING
NEEDS. WARM UP BY THE MODERN FIREPLACE - NEWER WOOD LAMINATE FLRS
THROUGHOUT GIVE THE SPACE A COZY FEEL & MAKE FOR EASY CLEANUP. MAIN
BATH UPDATED IN 2018 FEATURING MARBLE SHOWER SURROUND & NEW VANITY.
NEWER SS DISHWASHER, OVEN, MICROWAVE, & FRIDGE IN KITCHEN. AS WELL
AS WASHER, DRYER, AC UNIT & AIR HANDLER FOR YOUR PEACE OF MIND.
TWO, LARGE BALCONIES W/JAW DROPPING VIEWS OF THE CHICAGO SKYLINE.
DON'T WORRY ABOUT PARKING BECAUSE YOUR GARAGE SPACE (#18) IN THIS
WELL MANAGED & MAINTAINED COMPLEX IS VERY CONVENIENT. THE ELEVATOR
MAKES MOVING A BREEZE. CLOSE TO EVERYTHING - 2 BLOCKS FROM DOWNTOWN
DES PLAINES, TRANSPORTATION, LIBRARY & CHURCHES. ONLY 10 MINUTES 2
O'HARE! PLEASE DO NOT DELAY. THIS ONE WILL NOT LAST. CALL
NOW!!!
The manager has listed the unit size as 1135 square feet.
The manager has listed the unit size as 1135 square feet.
Unit Size
1,135 Ft²
Days on Market
-
Land Size
-
Price per sqft
$154
Property Type
Condo
Property Taxes
$3,292
HOA Dues
$34
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2026 | Sold | ||
| Sold | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jul 21, 2026 | Listed | $319,900 | |
| Listed | |||
   | |||
|
LIGHT FILLED, SW CORNER, TOP FLOOR PENTHOUSE(7TH FL) 2 BRS, 2 BATH CONDO WITH 1 GARAGE SPACE, FULL SIZE WASHER & DRYER AND TWO LARGE BALCONIES. TWO ELEVATORS. THIS UNIT HAS IT ALL. FRESHLY PAINTED. NO CARPETS(LAMINATED FLOORS). OPEN CONCEPT LIVING SPACE WITH GAS FIREPLACE. SEPARATE DINING ROOM WITH NEW LIGHT FIXTURE. JUST REMODELED KITCHEN WITH STYLISH SHAKER WHITE 42" CABINETS, QUARTZ COUNTERTOPS, SS APPLIANCES AND BREAKFAST BAR. SPACIOUS BEDROOM SIZES. PRIMARY BEDROOM WITH WALK IN CLOSET AND EN SUITE BATH WITH BRAND NEW VANITY, MIRROR AND LIGHT. ASSESSMENT FEES INCLUDE HEAT, GAS, WATER, SCAVENGER SERVICE, AND HEATED GARAGE PARKING. THERE ARE MANY UNASSIGNED EXTERIOR PARKING AVAILABLE (NUMBERED, BUT UNASSIGNED UNLESS IT IS MARKED "RESERVED") THIS WELL MANAGED & MAINTAINED COMPLEX IS LOCATED 2 BLOCKS FROM DOWNTOWN DES PLAINES AND METRA STATION. CLOSED TO THEATER, LIBRARY & DININGS. ONLY 10 MINUTES 2 O'HARE!
| |||
| Jul 29, 2019 | No longer available | - | |
| No longer available | |||
| May 23, 2019 | Price Decreased |
$174,900
↓ $8K
(4.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Fireplace
Air Conditioning
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/21/2026
|
2 Bed
|
2 Bath
|
1135 ft²
|
$319,900
2 Bed
2 Bath
1135 ft²
|
$330,000
+3.16%
08/27/2026
|
Julie Sine
Baird & Warner
| |
|
05/19/2026
|
2 Bed
|
2 Bath
|
1140 ft²
|
$270,000
2 Bed
2 Bath
1140 ft²
|
-
-
|
Suzana Karac
Keller Williams ONEChicago
| |
|
05/01/2025
|
2 Bed
|
2 Bath
|
1200 ft²
|
$319,000
2 Bed
2 Bath
1200 ft²
|
$319,000
06/06/2025
|
Mark Minorczyk, ABR,BPOR,CNC,E-PRO,GRI,MRP,PSA,SFR
Keller Williams ONEChicago
| |
|
10/18/2024
|
2 Bed
|
2 Bath
|
1100 ft²
|
$289,900
2 Bed
2 Bath
1100 ft²
|
$289,900
11/27/2024
|
Peter Gialamas
Century 21 Langos & Christian
| |
|
03/08/2024
|
2 Bed
|
2 Bath
|
1220 ft²
|
$279,000
2 Bed
2 Bath
1220 ft²
|
$295,000
+5.73%
04/24/2024
|
Krystine Scheib
Compass
| |
|
07/06/2023
|
2 Bed
|
2 Bath
|
1245 ft²
|
$220,000
2 Bed
2 Bath
1245 ft²
|
$235,000
+6.82%
08/10/2023
|
Vincent Dante
Baird & Warner
| |
|
04/09/2022
|
1 Bed
|
1 Bath
|
700 ft²
|
$175,000
1 Bed
1 Bath
700 ft²
|
$185,000
+5.71%
06/02/2022
|
Nicole Hajdu
Dream Town Realty
| |
|
10/08/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$204,900
2 Bed
2 Bath
1100 ft²
|
$194,500
-5.08%
03/25/2022
|
Peter Gialamas
Century 21 Langos & Christian
| |
|
07/16/2021
|
2 Bed
|
2 Bath
|
1250 ft²
|
$186,000
2 Bed
2 Bath
1250 ft²
|
$187,000
+0.54%
08/18/2021
|
Ivona Jedeluk
House Quest Inc
| |
|
11/27/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$225,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
03/01/2020
|
2 Bed
|
2 Bath
|
1250 ft²
|
$185,000
2 Bed
2 Bath
1250 ft²
|
-
-
|
-
| |
|
04/03/2019
|
2 Bed
|
2 Bath
|
1135 ft²
|
$182,500
2 Bed
2 Bath
1135 ft²
|
-
-
|
-
| |
|
10/11/2011
|
2 Bed
|
2 Bath
|
1200 ft²
|
$100,000
2 Bed
2 Bath
1200 ft²
|
$75,000
-25.00%
04/19/2013
|
Domenica Koch, CSC
@properties Christie's International Real Estate
| |
|
02/01/2011
|
2 Bed
|
2 Bath
|
1240 ft²
|
$125,000
2 Bed
2 Bath
1240 ft²
|
$119,000
-4.80%
03/14/2011
|
Winfield Cohen
Keller Williams Success Realty
|
Building Info
About Des Plaines
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