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555 River Rd

Des Plaines, IL 60016

2 bd 2 ba 1,100 sqft Built 1992 condos
Most recent sale
$220,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Sold $220,000 MLS #11384495
Apr 25, 2022 Listed $197,900 MLS #11384495
Jan 2, 1998 Sold $143,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $17,448 $693 $18,141 $3,908
2022 $17,448 $693 $18,141 $3,083
2021 $14,580 $563 $15,143 $917
2020 $14,580 $563 $15,143 $840
2019 $16,312 $563 $16,875 $827
2018 $13,243 $498 $13,741 $921
2017 $13,243 $498 $13,741 $888
2016 $13,243 $498 $13,741 $1,483
2015 $11,391 $433 $11,824 $1,695
2014 $11,391 $439 $11,830 $2,198
2013 $11,391 $439 $11,830 $2,655
2012 $14,847 $504 $15,351 $3,237
2011 $14,847 $504 $15,351 $3,204
2010 $14,847 $504 $15,351 $3,210
2009 $17,154 $724 $17,878 $2,882
2008 $19,157 $1,159 $20,316 $2,565
2007 $19,157 $1,159 $20,316 $2,451
2006 $16,396 $1,053 $17,449 $2,562

Property facts

Year built
1992
Property type
condos
Stories
7
Beds
2
Baths
2
Living area
1,100 sqft
Lot size
ZIP code
60016
City
Des Plaines
Street
River Rd
Coordinates
42.04325, -87.88386

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,980
Gross rental yield
10.80%
Implied cap rate
7.02%
Trend-extrapolated value

Frequently asked questions

When did 555 River Rd last sell?
555 River Rd most recently sold on Jun 2, 2022 for $220,000.
What is the current tax assessment for 555 River Rd?
The most recent total assessment for 555 River Rd (year 2023) is $18,141 with $3,908 in property tax.
How does 555 River Rd's assessment compare to its last sale price?
The current assessment is 91.8% below the last sale price of $220,000.
When was 555 River Rd built?
555 River Rd was built in 1992.
How does 555 River Rd compare to others on River Rd?
We track 8 other properties on River Rd. Browse the list under "Other properties on River Rd" to compare beds, baths, and sale history.
What are the property facts for 555 River Rd?
555 River Rd is a 2 bed, 2 bath, 1,100 sqft condos.
Is 555 River Rd a flip candidate?
No — 555 River Rd does not appear in our flips dataset.
Is 555 River Rd a tax-appeal candidate?
No — 555 River Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.4%
Implied 1-yr
+13.4%
2026 Q3
$381K
2026 Q4
$391.5K
ZIP 60016 — Median Price History + Forecast

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