OFF MARKET

Off market aug 2018 for $173K

$254,975

Est. refi paymentEst. refi $1,522/mo

•

2 ba

•

1,000

sq ft

545 S River Rd #501, Des Plaines, IL 60016

About this home

Unit is well-maintained and in lovely condition with a view of downtown Des Plaines area. Free-flowing floor plan. Kitchen has raised-volume ceiling with eating area. Neutral decor thru out the unit. Great closet space. Full-size, in-unit laundry room. Master bath as well as separate hallway bath with ceramic floors. Large patio access from living room. Great for grilling. Updated lobby and hallways + also added parking in rear of building which is not designated. Direct access to garage. Central air is in as-is condition. Close to Metra train, library and shopping. Heat, gas and water is included in low assessments. Offers must be submitted to the Listing Agent. Contact listing agent for property details. After offer submission it may take up to 7 calendar days for offer decision. Communication will be sent to buyers with results & next steps for the accepted offer. B of A employees, spouse or domestic partner, household members, bus. partners + insiders are prohibited from purchasing.

CondoProperty Type

1989Year Built

$255Est. Price/Sq.Ft.

1 spaceParking

Listed by Sheila Kula • Coldwell Banker Realty

Bought with Pietro Losacco • New Concept Realty

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #09978863

Redfin Estimate

$254,975

$82K since sold in August 2018$25K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.8% lower than the average sale price ($268K) of 6 comparable homes.

BOUGHT WITH REDFIN AUG 18, 2026
$285,000
A
2 beds2 baths1,200 sq ft
1470 Jefferson St #508, Des Plaines, IL 60016
SOLD SEP 3, 2026
$309,900
B
2 beds2 baths1,260 sq ft
1480 Jefferson St #202, Des Plaines, IL 60016
BOUGHT WITH REDFIN SEP 22, 2026
$295,000
C
2 beds2 baths1,350 sq ft
1480 Jefferson St #401, Des Plaines, IL 60016
SOLD JUN 16, 2026
$235,000
D
2 beds2 baths1,200 sq ft
603 S River Rd Unit 2M, Des Plaines, IL 60016
SOLD JUN 2, 2026
$229,000
E
2 beds2 baths1,200 sq ft
603 S River Rd Unit 1D, Des Plaines, IL 60016
SOLD APR 23, 2026
$253,555
F
2 beds2 baths1,200 sq ft
555 S River Rd #607, Des Plaines, IL 60016

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Earn from this home

Sell

$126,619

Est. take-home

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Refinance

Est. cash available

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Rent

$1,935/mo

Redfin rental estimate

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Market trends in 60016, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

0.3% MoM

Median sale price

$357K

$3K MoM

Avg. days on market

46d

2 days MoM

Recently sold homes

235

14 MoM

New listings for sale

OPEN SUN, 1PM TO 4PM
$189,000
2 beds2 baths900 sq ft
8836 N Western Ave Unit 207G, Des Plaines, IL 60016
NEW
$299,900
2 beds2 baths1,147 sq ft
450 S Western Ave #505, Des Plaines, IL 60016
OPEN TODAY, 11AM TO 1PM
$419,400
3 beds1 bath1,170 sq ft
33 Cranbrook Dr, Des Plaines, IL 60016
NEW
$284,900
2 beds1.5 baths1,043 sq ft
180 E Northwest Hwy Unit A, Des Plaines, IL 60016
NEW 16 HRS AGO
$169,900
1 bed1 bath850 sq ft
8970 N Parkside Ave #113, Des Plaines, IL 60016
NEW 16 HRS AGO
$320,000
3 beds1.5 baths1,080 sq ft
8647 Gregory Ln, Des Plaines, IL 60016
NEW 27 HRS AGO
$414,900
2 beds2.5 baths1,775 sq ft
1260 Evergreen Ave, Des Plaines, IL 60016
OPEN SAT, 11AM TO 1PM
$309,000
2 beds2 baths— sq ft
9396 Landings Ln #302, Des Plaines, IL 60016
OPEN SUN, 11AM TO 1PM
$399,900
2 beds2.5 baths1,593 sq ft
1196 Evergreen Ave, Des Plaines, IL 60016
$449,665
3 beds2 baths1,894 sq ft
539 Sandy Ln, Des Plaines, IL 60016
See all

Provided by Redfin

Sale history for 545 S River Rd #501

Year

Property tax

Land + Additions

Assessment*

2023

$3,871 (+3.2%)

$774 + $23,951

$24,725

2022

$3,751 (+4.4%)

$687 + $17,312

$17,999

2021

$3,595 (−20.8%)

$558 + $14,466

$15,024

2020

$4,540 (+0.8%)

$558 + $14,466

$15,024

2019

$4,506 (+10.5%)

$558 + $16,185

$16,743

2018

$4,077 (+1.8%)

$494 + $13,139

$13,633

2017

$4,005 (+5.7%)

$494 + $13,139

$13,633

2016

$3,788 (+6.8%)

$494 + $13,139

$13,633

2015

$3,546 (+69.7%)

$429 + $11,302

$11,731

2014

$2,089 (−38.3%)

$435 + $11,302

$11,737

2013

$3,386 (+165.2%)

$435 + $11,302

$11,737

2012

$1,277 (−2.7%)

$501 + $14,731

$15,232

2011

$1,313 (+12.5%)

$501 + $14,731

$15,232

2010

$1,166 (−64.5%)

$501 + $14,731

$15,232

2009

$3,281 (+9.1%)

$718 + $17,021

$17,739

2008

$3,006 (+4.1%)

$1,150 + $19,007

$20,157

2007

$2,888

$1,150 + $19,007

$20,157

Tax history for 545 S River Rd #501

Year

Property tax

Land + Additions

Assessment*

2023

$3,871 (+3.2%)

$774 + $23,951

$24,725

2022

$3,751 (+4.4%)

$687 + $17,312

$17,999

2021

$3,595 (−20.8%)

$558 + $14,466

$15,024

2020

$4,540 (+0.8%)

$558 + $14,466

$15,024

2019

$4,506 (+10.5%)

$558 + $16,185

$16,743

2018

$4,077 (+1.8%)

$494 + $13,139

$13,633

2017

$4,005 (+5.7%)

$494 + $13,139

$13,633

2016

$3,788 (+6.8%)

$494 + $13,139

$13,633

2015

$3,546 (+69.7%)

$429 + $11,302

$11,731

2014

$2,089 (−38.3%)

$435 + $11,302

$11,737

2013

$3,386 (+165.2%)

$435 + $11,302

$11,737

2012

$1,277 (−2.7%)

$501 + $14,731

$15,232

2011

$1,313 (+12.5%)

$501 + $14,731

$15,232

2010

$1,166 (−64.5%)

$501 + $14,731

$15,232

2009

$3,281 (+9.1%)

$718 + $17,021

$17,739

2008

$3,006 (+4.1%)

$1,150 + $19,007

$20,157

2007

$2,888

$1,150 + $19,007

$20,157

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cook County

APN

09163001181073

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 15, 2026.

Property details

Parking

Parking Information
# of Cars: 1
# of Garage Spaces: 1
Garage Parking
Garage Door Opener(s), Garage Transmitter(s)
Attached Garage
Garage On-Site
Owned Garage
Asphalt Driveway

Interior

Bedroom Information
# of Bedrooms: 2
# of Bedrooms (Above Grade): 2

Master Bedroom Information
Size: 18X12
On Main Level

Bedroom #2 Information
Size: 13X10
On Main Level

Bathroom Information
# of Baths (Full): 2
Master Bath
Separate Shower

Living Room Information
Size: 17X13
On Main Level
Carpet Flooring

Dining Room Information
L-shaped
Size: 12X10
On Main Level
Carpet Flooring

Kitchen Information
Size: 12X9
Eating Area (Table Space)
On Main Level
Wood Laminate Flooring

Laundry Room Information
Size: 6X5
On Main Level
Vinyl Flooring

Additional Rooms Information
Foyer, Balcony

Additional Room #1 Information
Foyer
Size: 9X3
On Main Level

Additional Room #2 Information
Balcony
Size: 13X4
On Main Level

Equipment
Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Cable TV, Intercom, Carbon Monoxide Detectors

Interior Features
Laundry Hook-Up in Unit

Heating & Cooling
Gas Heating, Forced Air Heating, Radiant Heating
Central Air Conditioning, No Air Conditioning

Exterior

Building Information
# of Units: 48
Sq. Ft. Source: Estimated
Age: 26-30 Years
Brick Exterior
Concrete Foundation, Reinforced Caisson Foundation
Asphalt/Glass Roof (Rolled)

Property Features
Balcony
For Investors, Can Owner Rent Unit? (Y/N): No

Lot Information
Dimensions: COMMON
Common Grounds

Property Information
# of Rooms: 5
Ownership: Condo
Assessor Sq.Ft.: 0
Aprox. Total Finished Sq. Ft.: 0
Model: 2 BEDROOM CORNER UNIT
School Bus Service, Commuter Train
Parcel Identification Number: 09163001181073

Financial

Financial Information
Tax: $3,788.35
Tax Year: 2016
Special Service Area: N
Finance Code: Cash

Utilities

Utility Information
Water: Lake Michigan
Sewer (Public), Sewer (Storm)
Circuit Breakers

Location

Community Information
Manager Off-Site, Management Monday through Friday
Pets Allowed
Cats OK
Max Pet Weight: 999
% Owner Occupied: 100

Multi-Family Information
Elevator, Storage, Security Door Locks

Homeowners Association Information
Assessments/Association Dues: $277
Frequency: Monthly
Assessment Includes: Includes Heat, Includes Water, Includes Gas, Includes Parking, Includes Common Insurance, Includes Exterior Maintenance, Includes Lawn Care, Includes Scavenger, Includes Snow Removal

School Information
Elementary School District: 62
Junior High District: 62
High School District: 207

Location Information
Subdivision: RIVERWALK
Township: MAINE
Corporate Limits: DES PLAINES
Directions: RIVER ROAD NORTH OF NW HWY TO PERRY THAN EAST

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 09163001181073

Home facts updated by county records on Sep 15, 2026

Other

Listing Information
Sale Price Includes Parking
REO/Lender Owned
Possession: Closing
Holds Earnest Money: Yes
Sale Terms: Conventional
Foreclosure/REO
Seller Concessions: No

Around this home

Schools

North Elementary School

Public K-5 • Assigned • 0.2mi

5/10

Chippewa Middle School

Public 6-8 • Assigned • 1.5mi

7/10

Maine West High School

Public 9-12 • Assigned • 1.9mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

8/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Des Plaines, IL • 60016

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$243,000 – $294,000

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Nearby similar homes

NEW

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450 S Western Ave #505, Des Plaines, IL 60016

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2 beds2 baths1,500 sq ft

659 Des Plaines Ave Unit 5D, Des Plaines, IL 60016

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2 beds2 baths1,200 sq ft

1470 Jefferson St #204, Des Plaines, IL 60016

New listings for sale in 60016

OPEN SUN, 1PM TO 4PM

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2 beds2 baths900 sq ft

8836 N Western Ave Unit 207G, Des Plaines, IL 60016

NEW

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2 beds2 baths1,147 sq ft

450 S Western Ave #505, Des Plaines, IL 60016

OPEN TODAY, 11AM TO 1PM

$419,400

3 beds1 bath1,170 sq ft

33 Cranbrook Dr, Des Plaines, IL 60016

NEW

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2 beds1.5 baths1,043 sq ft

180 E Northwest Hwy Unit A, Des Plaines, IL 60016

NEW 16 HRS AGO

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1 bed1 bath850 sq ft

8970 N Parkside Ave #113, Des Plaines, IL 60016

NEW 16 HRS AGO

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3 beds1.5 baths1,080 sq ft

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NEW 27 HRS AGO

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2 beds2.5 baths1,775 sq ft

1260 Evergreen Ave, Des Plaines, IL 60016

OPEN SAT, 11AM TO 1PM3D & VIDEO TOUR

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2 beds2 baths— sq ft

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OPEN SUN, 11AM TO 1PM

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Home values near 545 S River Rd #501

Data from public records.

Address	Redfin Estimate
545 South River Rd Apartment 601, Des Plaines, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$292,404
545 South River Rd Apartment 508, Des Plaines, IL 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$308,295

Address	Redfin Estimate
545 South River Rd Apartment 606, Des Plaines, IL 2 Beds \| 2 Baths \| 1250 Sq. Ft.	$297,457
545 South River Rd Apartment 406, Des Plaines, IL 1 Beds \| 1 Baths \| - Sq. Ft.	$214,841

Address	Redfin Estimate
545 South River Rd Apartment 206, Des Plaines, IL 1 Beds \| 1 Baths \| - Sq. Ft.	$219,031
545 South River Rd Apartment 306, Des Plaines, IL 1 Beds \| 1 Baths \| 900 Sq. Ft.	$228,925

Property information provided by MRED as Distributed by MLS Grid when last listed in 2018. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60016, IL

Sale history for 545 S River Rd #501

Tax history for 545 S River Rd #501

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60016

Home values near 545 S River Rd #501

More real estate resources