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  3. Des Plaines, IL
  4. /
  5. 550 S Graceland Avenue
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550 S Graceland Avenue

550 S Graceland Avenue, Des Plaines, IL, 60016

YEAR BUILT

1977

# STORIES

3

# TOTAL UNITS

9

UNIT SIZE RANGE

900-1,000 sqft

Description

The building located at 550 S Graceland Avenue in Des Plaines has a solid presence in the neighborhood. It is a low-rise structure with 3 stories and a total of 9 units. Constructed in 1977, this building provides a cozy atmosphere for its residents. Units in this building range from 900 to 1,000 square feet. They come with either 1 or 2 bedrooms, catering to different needs. The pricing for these units falls between $155,000 and $172,000. This makes for a reasonable entry point for buyers interested in this area. Average days on the market for these units is about 46 days. This time frame is helpful for buyers to consider their options. It shows a healthy interest in the property, making it an attractive choice for potential homeowners. Nearby, the area is home to various businesses including Porters Grille & Fountain, Choo Choo Restaurant, and Original Pizza LLC. These dining spots add to the local flavor and make it easy to grab a meal or enjoy a night out. Parking options are likely available for residents, enhancing comfort and accessibility. This setup supports an engaging community where neighbors can interact. On top of that, living in this location offers convenient access to local roads, making commuting straightforward. A lush environment surrounds the building, promoting a peaceful lifestyle. Residents can take advantage of nearby parks or spend leisure time at local spots. Overall, this building stands as a practical option for those looking for a home in Des Plaines.

Building ImageMLS ID #11885946
Building ImageMLS ID #11885946
Building ImageView Listing

550 S Graceland Avenue

550 S Graceland Avenue, Des Plaines, IL, 60016

YEAR BUILT

1977

# STORIES

3

# TOTAL UNITS

9

UNIT SIZE RANGE

900-1,000 sqft

Description

The building located at 550 S Graceland Avenue in Des Plaines has a solid presence in the neighborhood. It is a low-rise structure with 3 stories and a total of 9 units. Constructed in 1977, this building provides a cozy atmosphere for its residents. Units in this building range from 900 to 1,000 square feet. They come with either 1 or 2 bedrooms, catering to different needs. The pricing for these units falls between $155,000 and $172,000. This makes for a reasonable entry point for buyers interested in this area. Average days on the market for these units is about 46 days. This time frame is helpful for buyers to consider their options. It shows a healthy interest in the property, making it an attractive choice for potential homeowners. Nearby, the area is home to various businesses including Porters Grille & Fountain, Choo Choo Restaurant, and Original Pizza LLC. These dining spots add to the local flavor and make it easy to grab a meal or enjoy a night out. Parking options are likely available for residents, enhancing comfort and accessibility. This setup supports an engaging community where neighbors can interact. On top of that, living in this location offers convenient access to local roads, making commuting straightforward. A lush environment surrounds the building, promoting a peaceful lifestyle. Residents can take advantage of nearby parks or spend leisure time at local spots. Overall, this building stands as a practical option for those looking for a home in Des Plaines.

Next

Description

The building located at 550 S Graceland Avenue in Des Plaines has a solid presence in the neighborhood. It is a low-rise structure with 3 stories and a total of 9 units. Constructed in 1977, this building provides a cozy atmosphere for its residents. Units in this building range from 900 to 1,000 square feet. They come with either 1 or 2 bedrooms, catering to different needs. The pricing for these units falls between $155,000 and $172,000. This makes for a reasonable entry point for buyers interested in this area. Average days on the market for these units is about 46 days. This time frame is helpful for buyers to consider their options. It shows a healthy interest in the property, making it an attractive choice for potential homeowners. Nearby, the area is home to various businesses including Porters Grille & Fountain, Choo Choo Restaurant, and Original Pizza LLC. These dining spots add to the local flavor and make it easy to grab a meal or enjoy a night out. Parking options are likely available for residents, enhancing comfort and accessibility. This setup supports an engaging community where neighbors can interact. On top of that, living in this location offers convenient access to local roads, making commuting straightforward. A lush environment surrounds the building, promoting a peaceful lifestyle. Residents can take advantage of nearby parks or spend leisure time at local spots. Overall, this building stands as a practical option for those looking for a home in Des Plaines.

550 S Graceland Avenue Key Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price$172,000
Year over year list price0.00%

Year over year sale priceUp Arrow 0.38%
Total Listings0 Listed

Total sold1 Sold
Average Days on Market46 days

Average HOA fees per sqft-
Next

Key Stats

Year over year list price0.00%

Year over year sale priceUp Arrow0.38%
Total Listings0 Listed

Total sold1 Sold
Average Days on Market46 days

Average HOA fees per sqft-

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

550 S Graceland Avenue Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1010-21462023-11-01
MLS#: 11885946
Closed$172,000
Unit 1313-21352021-12-22
MLS#: 11271707
Closed$148,000
Unit 8890021782021-10-07
MLS#: 11162948
Closed$155,000
Unit 10
10

2 Beds

1 Baths

0 sqft


DateStatusPrice
2023-11-01Closed$172,000
MLS#: 11885946
Days On Market46
Unit 13
13

2 Beds

1 Baths

0 sqft


DateStatusPrice
2021-12-22Closed$148,000
MLS#: 11271707
Days On Market35
Unit 8
8

2 Beds

1 Baths

900 sqft


DateStatusPrice
2021-10-07Closed$155,000
MLS#: 11162948
Days On Market78
View Complete Unit Listing HistorySource By: MRED

Amenities

While the specifics on building amenities weren’t provided, the charm of 550 S Graceland Avenue lies in its simplicity and practicality. This condo is pet-friendly, which is a huge bonus if you’re planning to bring along a furry friend. Imagine breakfast at home, followed by a leisurely stroll with your pet in the neighborhood. These little features of living in a condo contribute to a laid-back and welcoming lifestyle.

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Amenities Description

While the specifics on building amenities weren’t provided, the charm of 550 S Graceland Avenue lies in its simplicity and practicality. This condo is pet-friendly, which is a huge bonus if you’re planning to bring along a furry friend. Imagine breakfast at home, followed by a leisurely stroll with your pet in the neighborhood. These little features of living in a condo contribute to a laid-back and welcoming lifestyle.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Coin Laundry

Coin Laundry

Storage

Storage

Balcony

Balcony

Policies

Living at 550 S Graceland Avenue comes with flexible policies that cater to a variety of lifestyles. If you're a pet lover, you’ll be pleased to know that both cats and dogs are allowed, making it a fantastic choice for those who don’t want to leave their four-legged companions behind.

Pet Allowed
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)
550 S Graceland Avenue--
1389 Perry St$280/sqft.$3 /sqft.
1389 Perry Street$280/sqft.$3 /sqft.
1433 Perry Ln$196/sqft.$3 /sqft.
1378 Perry St$274/sqft.$4 /sqft.
1378 Perry Street$274/sqft.$4 /sqft.

Nearby Schools

550 S Graceland Avenue is located near 21+ schools throughout Des Plaines. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Plato Academy

--
Private|Grades PK–8
733 Lee St Ste 200|0.3 miles away

North Elementary School

B
Public|Grades KG–5
1789 Rand Rd|0.43 miles away

Central Elementary School

A-
Public|Grades KG–5
1526 E Thacker St|0.44 miles away

Willows Academy

--
Private|Grades 6–12
1015 Rose Ave|0.55 miles away

Science & Arts Academy

--
Private|Grades PK–8
1825 Miner St|0.64 miles away

Cumberland Elementary School

B+
Public|Grades KG–5
700 E Golf Rd|1.15 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

550 S Graceland Avenue is located near 21+ schools throughout Des Plaines. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

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|1.15 Miles Away

Guardian Angel Orthodox Day School

--
Private|Grades PK–8
2350 E Dempster St|1.20 Miles Away

Chippewa Middle School

B-
Public|Grades 6–8
123 N 8th Ave|1.23 Miles Away

Algonquin Middle School

A-
Public|Grades 6–8
767 E Algonquin Rd|1.23 Miles Away

Forest Elementary School

A
Public|Grades PK–5
1375 S 5th Ave|1.35 Miles Away

Terrace School-D/Hh Early Childhood Program

--
Public|Grades –
735 S Westgate Rd,...|1.48 Miles Away

Terrace Elementary School

B+
Public|Grades KG–5
735 S Westgate Rd|1.48 Miles Away

Iccd Academy

--
Private|Grades PK–5
480 Potter Rd|1.49 Miles Away

South Elementary School

A
Public|Grades KG–5
1535 Everett Ave|1.63 Miles Away

Maryville Jen School

--
Private|Grades 9–12
1150 N River Rd|1.67 Miles Away

Maine East High School

A-
Public|Grades 9–12
2601 Dempster St|1.68 Miles Away

Maine West High School

B+
Public|Grades 9–12
1755 S Wolf Rd|1.79 Miles Away

Plainfield Elementary School

A
Public|Grades KG–5
1850 Plainfield Dr|1.81 Miles Away

Franklin Elementary School

A
Public|Grades KG–5
2401 Manor Ln|1.86 Miles Away

Brentwood Elementary School

B
Public|Grades KG–5
260 Dulles Rd|1.96 Miles Away

Kiddie Garden

--
Private|Grades PK–KG
9130 W Golf Rd|1.99 Miles Away

Transit

Set in , 550 S Graceland Avenue provides residents with convenient access to public transit across Des Plaines. Multiple Bus, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1755 S Wolf Rd

1.89 miles away|37 min walk

2025 Miner St

0.82 miles away|16 min walk

24 S River Rd

0.62 miles away|12 min walk

506 Thacker St

1.19 miles away|23 min walk

515 Thacker St

1.21 miles away|24 min walk

815 Oakton St

1.54 miles away|30 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in , 550 S Graceland Avenue provides residents with convenient access to public transit across Des Plaines. Multiple Bus, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1755 S Wolf Rd

1.89 miles away|37 min walk

2025 Miner St

0.82 miles away|16 min walk

24 S River Rd

0.62 miles away|12 min walk

506 Thacker St

1.19 miles away|23 min walk

515 Thacker St

1.21 miles away|24 min walk

815 Oakton St

1.54 miles away|30 min walk

900 Northwest Hwy

0.72 miles away|14 min walk

Ballard Rd & Lincoln Dr/Rancho Ln

1.68 miles away|33 min walk

Ballard Rd & Rancho Ln

1.67 miles away|33 min walk

Broadway St & Northwest Hwy

1.16 miles away|23 min walk

Busse Hwy & Apple Creek Ln

1.1 miles away|22 min walk

Busse Hwy & Crabtree Ln

1.1 miles away|22 min walk

Busse Hwy & Elliot Ave

1.67 miles away|33 min walk

Busse Hwy & Glenview Ave

1.72 miles away|34 min walk

Busse Hwy & Good Ave

1.76 miles away|34 min walk

Busse Hwy & Hoffman Ave

1.84 miles away|36 min walk

Busse Hwy & Lundergan Ave

1.61 miles away|31 min walk

Busse Hwy & Mason Ln

0.84 miles away|17 min walk

Busse Hwy & Parkview Ln

0.87 miles away|17 min walk

Busse Hwy & Potter Rd

1.91 miles away|37 min walk

Center St & Algonquin Rd

0.84 miles away|17 min walk

Center St & Forest Ave

1.09 miles away|21 min walk

Center St & Oakton St

1.32 miles away|26 min walk

Center St & Thacker St

0.45 miles away|9 min walk

Center St & Walnut Ave

0.65 miles away|13 min walk

Cumberland

1.32 miles away|26 min walk

Cumberland Metra (484 Northwest Hwy)

1.31 miles away|26 min walk

Cumberland Metra (485 Northwest Hwy)

1.32 miles away|26 min walk

Dee Rd & Church St

1.79 miles away|35 min walk

Dee Rd & Emerson St

1.84 miles away|36 min walk

Dee Rd & Golf Rd

1.92 miles away|37 min walk

Dee Rd & Noel St

1.9 miles away|37 min walk

Dee Rd & Terrace Dr

1.97 miles away|38 min walk

Dee Rd & West Oaks Ave

1.81 miles away|35 min walk

Dee Station

1.78 miles away|35 min walk

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

1.67 miles away|32 min walk

Dempster St & Lyman Ave

1.32 miles away|26 min walk

Dempster St & Potter Rd

1.54 miles away|30 min walk

Des Plaines

0.24 miles away|5 min walk

Des Plaines Metra Station

0.2 miles away|4 min walk

Ellinwood Ave & River Rd

0.44 miles away|9 min walk

Golf/Eighth

1.22 miles away|24 min walk

Golf/Fifth

1.08 miles away|21 min walk

Golf/Fourth

1.04 miles away|20 min walk

Golf Glen/Corus Bank

1.98 miles away|38 min walk

Golf/Mary

0.75 miles away|15 min walk

Golf/Pace Sign/1250 Bldg.

0.76 miles away|15 min walk

Golf/Rand

0.83 miles away|16 min walk

Golf Rd & Bender Rd

1.22 miles away|24 min walk

Golf Rd & College Dr

0.79 miles away|16 min walk

The Neighbourhood: 550 S Graceland Avenue

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550 S Graceland Avenue Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 17.95% are children aged 0–14, 12.96% are young adults between 15–29, 23.45% are adults aged 30–44, 18.77% are in the 45–59 range and 26.87% are seniors aged 60 and above. Commuting options are also varying where 81.02% of residents relying on driving, while others prefer public transit around 7.2%, walking around 1.71%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 71.94% of units owner occupied and 28.06% are rented. The neighborhood offers different household types. About 22.19% are single family homes and 6.52% are multi family units. Around 40% are single-person households, while 60% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 28.94% of residents have bachelor’s degrees. Around 18.98% have high school or college education. Another 8.51% hold diplomas while 15.72% have completed postgraduate studies. The remaining are 27.85% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 17.95% are children aged 0–14, 12.96% are young adults between 15–29, 23.45% are adults aged 30–44, 18.77% are in the 45–59 range and 26.87% are seniors aged 60 and above. Commuting options are also varying where 81.02% of residents relying on driving, while others prefer public transit around 7.2%, walking around 1.71%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 71.94% of units owner occupied and 28.06% are rented. The neighborhood offers different household types. About 22.19% are single family homes and 6.52% are multi family units. Around 40% are single-person households, while 60% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 28.94% of residents have bachelor’s degrees. Around 18.98% have high school or college education. Another 8.51% hold diplomas while 15.72% have completed postgraduate studies. The remaining are 27.85% with other types of qualifications.

Age Demographics

0–14 Years

17.95%

15–29 Years

12.96%

30–44 Years

23.45%

45–59 Years

18.77%

60+ Years

26.87%

Commute

7.2%

Transit

1.71%

Walk

81.02%

Drive

0%

Bike

Housing Ownership

71.94%

Owner Occupied

28.06%

Rental Units

Household Types

Single Family
22.19%
Multi Family
6.52%
Single Person
40%
Multi Person
60%

Average Income

Household:$7,495,967.68 /yr

Individual:$4,109,543.59 /yr

Education

Bachelors Degree28.94%
High School College18.98%
Diploma8.51%
Post Graduate15.72%
Others27.85%
Next

Education

Diploma8.51%
Post Graduate15.72%
Others27.85%
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  1. Home
  2. /Des Plaines, IL
  3. /
    550 S Graceland Avenue
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