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  3. Des Plaines, IL
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  5. 555 Graceland Avenue
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555 Graceland Avenue

555 Graceland Avenue, Des Plaines, IL, 60016

YEAR BUILT

1981

# STORIES

6

# TOTAL UNITS

22

UNIT SIZE RANGE

1,600-1,700 sqft

Description

The building at 555 Graceland Avenue sits in Des Plaines. This six-story high-rise has 22 units. It was built in 1981 and offers a mix of comfort and community. Every unit holds two bedrooms, making it a good fit for different lifestyles. The size of the units ranges from 1,600 to 1,700 square feet. Prices for these homes fall between $250,000 and $268,000. The average closing price in the last year was about $255,000. This price per square foot reflects the value found in this well-kept building. Living here means easy access to amenities. The building offers elevators, a sundeck, and a party room for residents to utilize. These features help create a lively environment and allow for social gatherings. The shared spaces enhance the sense of community. Average days on market is around 70 days. This provides some flexibility for buyers to explore options. Nearby, diners can enjoy meals at Choo Choo Restaurant, Porters Grille & Fountain, and Original Pizza LLC for casual dining experiences. Travel is straightforward, as the area is near major roads. This makes getting around town easy. The location also offers a nice balance of city living with a nearby water body, allowing for outdoor activities. Overall, this building provides a comfortable lifestyle in a friendly neighborhood. With its solid design and appealing location, it offers convenient living close to shops, parks, and restaurants. Residents can easily connect with their surroundings while enjoying the comfort that comes with home.

Building ImageMLS ID #11917183
Building ImageMLS ID #11820150
Building Image
Building ImageView Listing

555 Graceland Avenue

555 Graceland Avenue, Des Plaines, IL, 60016

YEAR BUILT

1981

# STORIES

6

# TOTAL UNITS

22

UNIT SIZE RANGE

1,600-1,700 sqft

Description

The building at 555 Graceland Avenue sits in Des Plaines. This six-story high-rise has 22 units. It was built in 1981 and offers a mix of comfort and community. Every unit holds two bedrooms, making it a good fit for different lifestyles. The size of the units ranges from 1,600 to 1,700 square feet. Prices for these homes fall between $250,000 and $268,000. The average closing price in the last year was about $255,000. This price per square foot reflects the value found in this well-kept building. Living here means easy access to amenities. The building offers elevators, a sundeck, and a party room for residents to utilize. These features help create a lively environment and allow for social gatherings. The shared spaces enhance the sense of community. Average days on market is around 70 days. This provides some flexibility for buyers to explore options. Nearby, diners can enjoy meals at Choo Choo Restaurant, Porters Grille & Fountain, and Original Pizza LLC for casual dining experiences. Travel is straightforward, as the area is near major roads. This makes getting around town easy. The location also offers a nice balance of city living with a nearby water body, allowing for outdoor activities. Overall, this building provides a comfortable lifestyle in a friendly neighborhood. With its solid design and appealing location, it offers convenient living close to shops, parks, and restaurants. Residents can easily connect with their surroundings while enjoying the comfort that comes with home.

Next

Description

The building at 555 Graceland Avenue sits in Des Plaines. This six-story high-rise has 22 units. It was built in 1981 and offers a mix of comfort and community. Every unit holds two bedrooms, making it a good fit for different lifestyles. The size of the units ranges from 1,600 to 1,700 square feet. Prices for these homes fall between $250,000 and $268,000. The average closing price in the last year was about $255,000. This price per square foot reflects the value found in this well-kept building. Living here means easy access to amenities. The building offers elevators, a sundeck, and a party room for residents to utilize. These features help create a lively environment and allow for social gatherings. The shared spaces enhance the sense of community. Average days on market is around 70 days. This provides some flexibility for buyers to explore options. Nearby, diners can enjoy meals at Choo Choo Restaurant, Porters Grille & Fountain, and Original Pizza LLC for casual dining experiences. Travel is straightforward, as the area is near major roads. This makes getting around town easy. The location also offers a nice balance of city living with a nearby water body, allowing for outdoor activities. Overall, this building provides a comfortable lifestyle in a friendly neighborhood. With its solid design and appealing location, it offers convenient living close to shops, parks, and restaurants. Residents can easily connect with their surroundings while enjoying the comfort that comes with home.

555 Graceland Avenue Market Stats Last 12 months

Avg. Listed Price$265,000

Avg. Sale Price$255,000
Year over year list priceUp Arrow10.42%

Year over year sale priceUp Arrow 8.51%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market70 days

Average HOA fees per sqft-
Next

Market Stats

Year over year list priceUp Arrow10.42%

Year over year sale priceUp Arrow8.51%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market70 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

555 Graceland Avenue Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 206206-22872025-10-30
MLS#: 12434286
Closed$250,000
Unit 505505-22522025-09-08
MLS#: 12424464
Closed$260,000
Unit 603603160022642023-10-19
MLS#: 11820150
Closed$268,000
Unit 206
206

2 Beds

2 Baths

0 sqft


DateStatusPrice
2025-10-30Closed$250,000
MLS#: 12434286
Days On Market87
Unit 505
505

2 Beds

2 Baths

0 sqft


DateStatusPrice
2025-09-08Closed$260,000
MLS#: 12424464
Days On Market52
Unit 603
603

2 Beds

2 Baths

1600 sqft


DateStatusPrice
2023-10-19Closed$268,000
MLS#: 11820150
Days On Market64
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at 555 Graceland Avenue means enjoying some fantastic amenities. Picture yourself relaxing on the sun deck, soaking up the rays during those warm afternoons. Planning a gathering with friends? The party room is a great spot for celebrations. Plus, the convenience of elevators makes moving in and out a breeze—no heavy lifting on those stairs!

Next

Amenities Description

Living at 555 Graceland Avenue means enjoying some fantastic amenities. Picture yourself relaxing on the sun deck, soaking up the rays during those warm afternoons. Planning a gathering with friends? The party room is a great spot for celebrations. Plus, the convenience of elevators makes moving in and out a breeze—no heavy lifting on those stairs!

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)

Sundeck

Sundeck

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

Part of the charm of 555 Graceland Avenue is its friendly building community. You’ll find that the policies here are welcoming—cats and dogs are both allowed, making it a perfect choice for pet owners. However, there are a few size and number limits to keep things comfortable for everyone. This balanced approach to policy ensures a pleasant living experience in a community-focused environment.

Next

Amenities Description

Part of the charm of 555 Graceland Avenue is its friendly building community. You’ll find that the policies here are welcoming—cats and dogs are both allowed, making it a perfect choice for pet owners. However, there are a few size and number limits to keep things comfortable for everyone. This balanced approach to policy ensures a pleasant living experience in a community-focused environment.

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)
555 Graceland Avenue--
1433 Perry Ln$196/sqft.$3 /sqft.
1389 Perry St$280/sqft.$3 /sqft.
1389 Perry Street$280/sqft.$3 /sqft.
501 Alles St$209/sqft.$3 /sqft.
1378 Perry St$274/sqft.$4 /sqft.

Nearby Schools

Discover top-rated schools located close to 555 Graceland Avenue.

Plato Academy

--
Private|Grades PK–8
733 Lee St Ste 200|0.39 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|0.57 miles away

Willows Academy

--
Private|Grades 6–12
1015 Rose Ave|0.77 miles away

Science & Arts Academy

--
Private|Grades PK–8
1825 Miner St|0.83 miles away

Guardian Angel Orthodox Day School

--
Private|Grades PK–8
2350 E Dempster St|1.57 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

Guardian Angel Orthodox Day School

--
Private|Grades PK–8
2350 E Dempster St|1.57 Miles Away

Cumberland Elementary School

B+
Public|Grades KG–5
700 E Golf Rd|1.59 Miles Away

Algonquin Middle School

A-
Public|Grades 6–8
767 E Algonquin Rd|1.68 Miles Away

Chippewa Middle School

B-
Public|Grades 6–8
123 N 8th Ave|1.69 Miles Away

Forest Elementary School

A
Public|Grades PK–5
1375 S 5th Ave|1.83 Miles Away

Iccd Academy

--
Private|Grades PK–5
480 Potter Rd|1.97 Miles Away

Terrace School-D/Hh Early Childhood Program

--
Public|Grades –
735 S Westgate Rd,...|2.03 Miles Away

Terrace Elementary School

B+
Public|Grades KG–5
735 S Westgate Rd|2.03 Miles Away

South Elementary School

A
Public|Grades KG–5
1535 Everett Ave|2.18 Miles Away

Maine East High School

A-
Public|Grades 9–12
2601 Dempster St|2.22 Miles Away

Maryville Jen School

--
Private|Grades 9–12
1150 N River Rd|2.27 Miles Away

Maine West High School

B+
Public|Grades 9–12
1755 S Wolf Rd|2.43 Miles Away

Plainfield Elementary School

A
Public|Grades KG–5
1850 Plainfield Dr|2.45 Miles Away

Franklin Elementary School

A
Public|Grades KG–5
2401 Manor Ln|2.46 Miles Away

Kiddie Garden

--
Private|Grades PK–KG
9130 W Golf Rd|2.64 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

0.23 miles away|5 min walk

Des Plaines

0.29 miles away|6 min walk

Ellinwood Ave & River Rd

0.55 miles away|11 min walk

Center St & Thacker St

0.6 miles away|12 min walk

24 S River Rd

0.84 miles away|17 min walk

Center St & Walnut Ave

0.87 miles away|17 min walk
Next

Transit

Des Plaines Metra Station

0.23 miles away|5 min walk

Des Plaines

0.29 miles away|6 min walk

Ellinwood Ave & River Rd

0.55 miles away|11 min walk

Center St & Thacker St

0.6 miles away|12 min walk

24 S River Rd

0.84 miles away|17 min walk

Center St & Walnut Ave

0.87 miles away|17 min walk

900 Northwest Hwy

1.01 miles away|20 min walk

Golf/Mary

1.02 miles away|20 min walk

Golf/Pace Sign/1250 Bldg.

1.05 miles away|21 min walk

2025 Miner St

1.06 miles away|21 min walk

Busse Hwy & Mason Ln

1.09 miles away|21 min walk

Center St & Algonquin Rd

1.13 miles away|22 min walk

Busse Hwy & Parkview Ln

1.14 miles away|22 min walk

Golf/Fourth

1.44 miles away|28 min walk

Busse Hwy & Apple Creek Ln

1.44 miles away|28 min walk

Busse Hwy & Crabtree Ln

1.44 miles away|28 min walk

Center St & Forest Ave

1.46 miles away|29 min walk

Golf/Fifth

1.49 miles away|29 min walk

Broadway St & Northwest Hwy

1.61 miles away|31 min walk

506 Thacker St

1.63 miles away|32 min walk

515 Thacker St

1.67 miles away|32 min walk

Golf/Eighth

1.68 miles away|33 min walk

Dempster St & Lyman Ave

1.74 miles away|34 min walk

Center St & Oakton St

1.77 miles away|34 min walk

Cumberland Metra (484 Northwest Hwy)

1.81 miles away|35 min walk

Cumberland

1.82 miles away|35 min walk

Cumberland Metra (485 Northwest Hwy)

1.82 miles away|35 min walk

Dempster St & Potter Rd

2.02 miles away|39 min walk

815 Oakton St

2.09 miles away|40 min walk

Busse Hwy & Lundergan Ave

2.13 miles away|41 min walk

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

2.2 miles away|43 min walk

Ballard Rd & Rancho Ln

2.21 miles away|43 min walk

Busse Hwy & Elliot Ave

2.21 miles away|43 min walk

Ballard Rd & Lincoln Dr/Rancho Ln

2.21 miles away|43 min walk

Busse Hwy & Glenview Ave

2.28 miles away|44 min walk

Busse Hwy & Good Ave

2.33 miles away|45 min walk

Dee Station

2.35 miles away|46 min walk

Dee Rd & Church St

2.36 miles away|46 min walk

Dee Rd & West Oaks Ave

2.4 miles away|46 min walk

Dee Rd & Emerson St

2.43 miles away|47 min walk

Busse Hwy & Hoffman Ave

2.44 miles away|47 min walk

Dee Rd & Noel St

2.52 miles away|49 min walk

Busse Hwy & Potter Rd

2.53 miles away|49 min walk

Dee Rd & Golf Rd

2.55 miles away|49 min walk

1755 S Wolf Rd

2.57 miles away|50 min walk

Dee Rd & Terrace Dr

2.62 miles away|51 min walk

Golf Glen/Corus Bank

2.63 miles away|51 min walk

Busse Hwy & Tyrell Ave

2.66 miles away|51 min walk

Elmwood Dr & Dee Rd

2.67 miles away|52 min walk

Dee Rd & Elmwood Dr

2.68 miles away|52 min walk

The Neighbourhood: 555 Graceland Avenue

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555 Graceland Avenue Demographics

Age Demographics

0–14 Years

17.95%

15–29 Years

12.97%

30–44 Years

23.45%

45–59 Years

18.78%

60+ Years

26.85%

Commute

7.2%

Transit

1.72%

Walk

81.04%

Drive

0%

Bike

Housing Ownership

71.86%

Owner Occupied

28.14%

Rental Units

Household Types

Single Family
22.2%
Multi Family
6.53%
Single Person
40.03%
Multi Person
59.97%

Average Income

Household:$7,464,742.48 /yr

Individual:$4,101,760.58 /yr

Education

Bachelors Degree28.93%
High School College18.99%
Diploma8.52%
Post Graduate15.71%
Others27.85%
Next

Education

Diploma8.52%
Post Graduate15.71%
Others27.85%
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  2. /Des Plaines, IL
  3. /
    555 Graceland Avenue
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