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  3. Des Plaines, IL
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  5. Graceland Terrace
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Graceland Terrace

477 Graceland Avenue, Des Plaines, IL, 60016

YEAR BUILT

1976

# STORIES

4

# TOTAL UNITS

21

UNIT SIZE RANGE

875-975 sqft

Description

Graceland Terrace is located at 477 Graceland Avenue in Des Plaines. This mid-rise building has 4 stories and contains 21 units. It was built in 1976, providing a mix of both charm and functionality. Units in this building come in sizes ranging from 875 to 975 square feet. They typically have 1 to 2 bedrooms, giving options for different living arrangements and needs. The prices for these units fall between $164,000 and $170,000, with an average closed price near $162,000. The average price per square foot stands at around $239, based on recent sales. Units are selling fairly quick, with an average of 33 days on the market. This gives buyers a reasonable amount of time to make decisions. Nearby, you can find restaurants like Choo Choo Restaurant and Porters Grille & Fountain. Las Asadas also offers a good dining option in the area. Local amenities add convenience to daily living in the neighborhood. The building includes features like an intercom system, laundry facilities, and elevators for easy access. These amenities enhance the living experience here. The close-knit community feel combined with available services makes it an inviting place to call home. Living in Graceland Terrace allows residents to enjoy a comfortable lifestyle in Des Plaines. The building's location offers easy access to local roads, making travel simple. Plus, being nearby to water bodies adds an extra touch for those who enjoy outdoor activities.

Building ImageMLS ID #11929248
Building ImageMLS ID #12319453
Building Image
Building ImageView Listing

Graceland Terrace

477 Graceland Avenue, Des Plaines, IL, 60016

YEAR BUILT

1976

# STORIES

4

# TOTAL UNITS

21

UNIT SIZE RANGE

875-975 sqft

Description

Graceland Terrace is located at 477 Graceland Avenue in Des Plaines. This mid-rise building has 4 stories and contains 21 units. It was built in 1976, providing a mix of both charm and functionality. Units in this building come in sizes ranging from 875 to 975 square feet. They typically have 1 to 2 bedrooms, giving options for different living arrangements and needs. The prices for these units fall between $164,000 and $170,000, with an average closed price near $162,000. The average price per square foot stands at around $239, based on recent sales. Units are selling fairly quick, with an average of 33 days on the market. This gives buyers a reasonable amount of time to make decisions. Nearby, you can find restaurants like Choo Choo Restaurant and Porters Grille & Fountain. Las Asadas also offers a good dining option in the area. Local amenities add convenience to daily living in the neighborhood. The building includes features like an intercom system, laundry facilities, and elevators for easy access. These amenities enhance the living experience here. The close-knit community feel combined with available services makes it an inviting place to call home. Living in Graceland Terrace allows residents to enjoy a comfortable lifestyle in Des Plaines. The building's location offers easy access to local roads, making travel simple. Plus, being nearby to water bodies adds an extra touch for those who enjoy outdoor activities.

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Description

Graceland Terrace is located at 477 Graceland Avenue in Des Plaines. This mid-rise building has 4 stories and contains 21 units. It was built in 1976, providing a mix of both charm and functionality. Units in this building come in sizes ranging from 875 to 975 square feet. They typically have 1 to 2 bedrooms, giving options for different living arrangements and needs. The prices for these units fall between $164,000 and $170,000, with an average closed price near $162,000. The average price per square foot stands at around $239, based on recent sales. Units are selling fairly quick, with an average of 33 days on the market. This gives buyers a reasonable amount of time to make decisions. Nearby, you can find restaurants like Choo Choo Restaurant and Porters Grille & Fountain. Las Asadas also offers a good dining option in the area. Local amenities add convenience to daily living in the neighborhood. The building includes features like an intercom system, laundry facilities, and elevators for easy access. These amenities enhance the living experience here. The close-knit community feel combined with available services makes it an inviting place to call home. Living in Graceland Terrace allows residents to enjoy a comfortable lifestyle in Des Plaines. The building's location offers easy access to local roads, making travel simple. Plus, being nearby to water bodies adds an extra touch for those who enjoy outdoor activities.

Graceland Terrace Market Stats Last 12 months

Avg. Listed Price$159,334($246/Sqft.)

Avg. Sale Price$162,000($239/Sqft.)
Year over year list price0.00%

Year over year sale priceUp Arrow 35.00%
Total Listings3 Listed

Total sold3 Sold
Average Days on Market33 days

Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list price0.00%

Year over year sale priceUp Arrow35.00%
Total Listings3 Listed

Total sold3 Sold
Average Days on Market33 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Graceland Terrace Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 4D4D63511412025-05-08
MLS#: 12319453
Closed$160,000
Unit 4G4G67211312025-01-03
MLS#: 12219331
Closed$160,000
Unit 1G1G-21342023-06-22
MLS#: 11787435
Closed$170,000
Unit 1G
1G

2 Beds

1 Baths

0 sqft


DateStatusPrice
2023-06-22Closed$170,000
MLS#: 11787435
Days On Market34
Unit 4D
4D

1 Beds

1 Baths

635 sqft


DateStatusPrice
2025-05-08Closed$160,000
MLS#: 12319453
Days On Market41
Unit 4G
4G

1 Beds

1 Baths

672 sqft


DateStatusPrice
2025-01-03Closed$160,000
MLS#: 12219331
Days On Market31
View Complete Unit Listing HistorySource By: MRED

Amenities

Make life at Graceland Terrace even easier with fantastic amenities that cater to modern living. Enjoy the convenience of an elevator to whisk you and your groceries right to your floor. There’s also an intercom system and laundry facilities, perfect after a long day. This combination of features not only enhances comfort but also ensures that day-to-day life flows smoothly, leaving you more time to enjoy your new home.

Next

Amenities Description

Make life at Graceland Terrace even easier with fantastic amenities that cater to modern living. Enjoy the convenience of an elevator to whisk you and your groceries right to your floor. There’s also an intercom system and laundry facilities, perfect after a long day. This combination of features not only enhances comfort but also ensures that day-to-day life flows smoothly, leaving you more time to enjoy your new home.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Storage

Storage

Policies

When it comes to policies, Graceland Terrace is welcoming to pet owners—cats and dogs are both allowed! However, be sure to adhere to size limits and the number of pets you'll keep. These policies foster a peaceful living environment, making it a great space for both you and your furry friends.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Graceland Terrace$239/sqft.$3 /sqft.
477 Graceland Ave$246/sqft.$3 /sqft.
476 Alles Street$229/sqft.$4 /sqft.
476 Alles St$219/sqft.$4 /sqft.
1378 Perry Street$274/sqft.$4 /sqft.
1378 Perry St$274/sqft.$4 /sqft.

Nearby Schools

Discover top-rated schools located close to Graceland Terrace.

Plato Academy

--
Private|Grades PK–8
733 Lee St Ste 200|0.51 miles away

North Elementary School

B
Public|Grades KG–5
1789 Rand Rd|0.54 miles away

Central Elementary School

A-
Public|Grades KG–5
1526 E Thacker St|0.68 miles away

Willows Academy

--
Private|Grades 6–12
1015 Rose Ave|0.84 miles away

Science & Arts Academy

--
Private|Grades PK–8
1825 Miner St|0.9 miles away

Cumberland Elementary School

B+
Public|Grades KG–5
700 E Golf Rd|1.51 miles away
Next

Schools

Plato Academy

--
Private|Grades PK–8
733 Lee St Ste 200|Less than 1 Mile Away

North Elementary School

B
Public|Grades KG–5
1789 Rand Rd|Less than 1 Mile Away

Central Elementary School

A-
Public|Grades KG–5
1526 E Thacker St|Less than 1 Mile Away

Willows Academy

--
Private|Grades 6–12
1015 Rose Ave|Less than 1 Mile Away

Science & Arts Academy

--
Private|Grades PK–8
1825 Miner St|Less than 1 Mile Away

Cumberland Elementary School

B+
Public|Grades KG–5
700 E Golf Rd|1.51 Miles Away

Guardian Angel Orthodox Day School

--
Private|Grades PK–8
2350 E Dempster St|1.59 Miles Away

Chippewa Middle School

B-
Public|Grades 6–8
123 N 8th Ave|1.62 Miles Away

Algonquin Middle School

A-
Public|Grades 6–8
767 E Algonquin Rd|1.77 Miles Away

Forest Elementary School

A
Public|Grades PK–5
1375 S 5th Ave|1.93 Miles Away

Iccd Academy

--
Private|Grades PK–5
480 Potter Rd|1.96 Miles Away

Terrace School-D/Hh Early Childhood Program

--
Public|Grades –
735 S Westgate Rd,...|2.06 Miles Away

Terrace Elementary School

B+
Public|Grades KG–5
735 S Westgate Rd|2.06 Miles Away

Maryville Jen School

--
Private|Grades 9–12
1150 N River Rd|2.15 Miles Away

Maine East High School

A-
Public|Grades 9–12
2601 Dempster St|2.26 Miles Away

South Elementary School

A
Public|Grades KG–5
1535 Everett Ave|2.30 Miles Away

Franklin Elementary School

A
Public|Grades KG–5
2401 Manor Ln|2.51 Miles Away

Maine West High School

B+
Public|Grades 9–12
1755 S Wolf Rd|2.53 Miles Away

Plainfield Elementary School

A
Public|Grades KG–5
1850 Plainfield Dr|2.56 Miles Away

Kiddie Garden

--
Private|Grades PK–KG
9130 W Golf Rd|2.60 Miles Away

Joseph Academy

--
Private|Grades 8–12
1101 Gregory St|2.61 Miles Away

Brentwood Elementary School

B
Public|Grades KG–5
260 Dulles Rd|2.67 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Des Plaines Metra Station

0.34 miles away|7 min walk

Des Plaines

0.39 miles away|8 min walk

Ellinwood Ave & River Rd

0.65 miles away|13 min walk

24 S River Rd

0.72 miles away|14 min walk

Center St & Thacker St

0.72 miles away|14 min walk

Golf/Mary

0.9 miles away|18 min walk
Next

Transit

Des Plaines Metra Station

0.34 miles away|7 min walk

Des Plaines

0.39 miles away|8 min walk

Ellinwood Ave & River Rd

0.65 miles away|13 min walk

24 S River Rd

0.72 miles away|14 min walk

Center St & Thacker St

0.72 miles away|14 min walk

Golf/Mary

0.9 miles away|18 min walk

Golf/Pace Sign/1250 Bldg.

0.93 miles away|18 min walk

900 Northwest Hwy

0.97 miles away|19 min walk

Center St & Walnut Ave

0.99 miles away|19 min walk

2025 Miner St

1.11 miles away|22 min walk

Busse Hwy & Mason Ln

1.16 miles away|23 min walk

Busse Hwy & Parkview Ln

1.22 miles away|24 min walk

Center St & Algonquin Rd

1.25 miles away|24 min walk

Golf/Fourth

1.36 miles away|27 min walk

Golf/Fifth

1.41 miles away|28 min walk

Busse Hwy & Apple Creek Ln

1.51 miles away|30 min walk

Busse Hwy & Crabtree Ln

1.52 miles away|30 min walk

Broadway St & Northwest Hwy

1.55 miles away|30 min walk

Center St & Forest Ave

1.58 miles away|31 min walk

Golf/Eighth

1.62 miles away|31 min walk

506 Thacker St

1.67 miles away|33 min walk

515 Thacker St

1.71 miles away|33 min walk

Cumberland Metra (484 Northwest Hwy)

1.75 miles away|34 min walk

Cumberland

1.76 miles away|34 min walk

Cumberland Metra (485 Northwest Hwy)

1.77 miles away|34 min walk

Dempster St & Lyman Ave

1.77 miles away|34 min walk

Center St & Oakton St

1.89 miles away|37 min walk

Dempster St & Potter Rd

2.05 miles away|40 min walk

815 Oakton St

2.19 miles away|43 min walk

Busse Hwy & Lundergan Ave

2.2 miles away|43 min walk

Ballard Rd & Rancho Ln

2.21 miles away|43 min walk

Ballard Rd & Lincoln Dr/Rancho Ln

2.21 miles away|43 min walk

Dempster St & Carleah St (Maine East H.S.)

2.22 miles away|43 min walk

Busse Hwy & Elliot Ave

2.29 miles away|44 min walk

Dee Rd & Church St

2.35 miles away|46 min walk

Busse Hwy & Glenview Ave

2.36 miles away|46 min walk

Dee Station

2.37 miles away|46 min walk

Dee Rd & West Oaks Ave

2.37 miles away|46 min walk

Dee Rd & Emerson St

2.4 miles away|47 min walk

Busse Hwy & Good Ave

2.41 miles away|47 min walk

Dee Rd & Noel St

2.48 miles away|48 min walk

Dee Rd & Golf Rd

2.5 miles away|48 min walk

Busse Hwy & Hoffman Ave

2.51 miles away|49 min walk

Dee Rd & Terrace Dr

2.57 miles away|50 min walk

Golf Glen/Corus Bank

2.59 miles away|50 min walk

Busse Hwy & Potter Rd

2.61 miles away|50 min walk

Elmwood Dr & Dee Rd

2.62 miles away|51 min walk

Dee Rd & Elmwood Dr

2.63 miles away|51 min walk

Dee Rd & Heathwood Dr

2.66 miles away|51 min walk

1755 S Wolf Rd

2.67 miles away|52 min walk

The Neighbourhood: Graceland Terrace

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Graceland Terrace Demographics

Age Demographics

0–14 Years

17.92%

15–29 Years

12.96%

30–44 Years

23.57%

45–59 Years

18.61%

60+ Years

26.92%

Commute

7.29%

Transit

1.75%

Walk

80.91%

Drive

0%

Bike

Housing Ownership

71.6%

Owner Occupied

28.4%

Rental Units

Household Types

Single Family
21.84%
Multi Family
6.47%
Single Person
40.47%
Multi Person
59.53%

Average Income

Household:$7,353,488.36 /yr

Individual:$4,085,749.06 /yr

Education

Bachelors Degree29.03%
High School College18.85%
Diploma8.51%
Post Graduate15.89%
Others27.72%
Next

Education

Diploma8.51%
Post Graduate15.89%
Others27.72%
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    Graceland Terrace
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