




Unit 5
- 1BR, 1BA Condo
- $1,625 Pricing
- 650 Square Feet
- 08-22-2026 Availability
Unit 5 Amenities and Features
Features
- Air Conditioning
- Balcony
- Storage Space
Kitchen
- Microwave
Unit 5 Rent and Fees
Unit Price
- $1,625
Deposit
- $1,625 deposit
Schedule a Tour
About 550 Graceland Ave, Unit 5
Suburban living with a city view Located in the heart of downtown Des Plaines, this sunny, bright, and updated cozy 1-bedroom second-floor condo is ready for your personal touch. A sunny unit with plenty of southern natural light has two balconies- one in the living room and the other off of the bedroom. New microwave, new flooring, new in-unit A/C (2023). On-site laundry is located on the same floor for your convenience. This unit also has radiant heat that provides quiet, clean, and efficient heat. Great location is just steps from Metra, shops, nightlife, grocery stores, and recently opened concert theater. An exterior TANDEM parking space is included in the monthly rent. Heat, water, parking, personal storage unit, and trash all INCLUDED in rent price!! Pet-friendly (additional 1-time payment of $300, and monthly payment of $30) Nothing to do but make It yours- available starting Aug 22nd
550 Graceland Ave, Unit 5 is located in the Des Plaines Arlington Hts Corridor Neighborhood and 60016 Zip code of Des Plaines, IL.
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (224) 478-6038
- Disclaimer:
Property Information
- Built in 1978
Lease Terms
- 12 Month Lease
Fees and Policies
Pet Policy and Fees
Cats
- $0 Fee
- $0 Deposit
- Monthly Pet Fee $0
Dogs
- $0 Fee
- $0 Deposit
- Monthly Pet Fee $0
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Laundry Facilities
Interior Features
- Balcony
- Storage Space
- Air Conditioning
Kitchen Amenities
- Microwave

Map
- Shopping
- Colleges
- Grocery
- Medical
- Transportation

Map
Getting Around
70 / 100 Moderately walkable
70 / 100 Good public transit
50 / 100 Fairly bikeable
60 / 100 Moderately car friendly
Getting to Know the Area
70 / 100 Restaurants
40 / 100 Cafes
70 / 100 Nightlife
60 / 100 Shopping
90 / 100 Parks
50 / 100 Noise Level
Frequently Asked Questions about 550 Graceland Ave, Unit 5
What type of rentals are available at 550 Graceland Ave, Unit 5?
There is currently a 1 Bed 1 Bath Condo for rent with 650 listed at 550 Graceland Ave. It is Available August 22, 2026.
How much is the rent at 550 Graceland Ave, Unit 5?
550 Graceland Ave, Unit 5 at 550 Graceland Ave is currently listed at $1,625.
What area of town is 550 Graceland Ave, Unit 5 located in?
Located in the Des Plaines Arlington Hts Corridor Neighborhood, 550 Graceland Ave, Unit 5 is in the 60016 Zip Code of Des Plaines, IL.
Nearby Schools
Chippewa Middle School
Maine West High School
North Elementary School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from 550 Graceland Ave, Unit 5.
Big Box and Retail
Target
Walgreen's
Jcpenney
Colleges and Universities
City College of Chicago, Wilbur Wright - Wilbur Wright Campus
Groceries
Mariano's Fresh Market
Aldi
Jewel-Osco
Hospitals
Chicago Behavioral Hospital
Advocate Lutheran General Hospital
Amita Health Resurrection Medical Center Chicago
Military Bases
O'Hare Air Force Base & Air National Guard
US Military Reservation Elk Grove
U.S. Military Reservation
Restaurants and Dining
Shopping Centers
550 Graceland Ave, Unit 5 has 5 shopping centers within 0.7 miles.
Transit Stations
Cumberland Station-Union Pacific Northwest Line
Nearby Neighborhoods
Nearby Apartments
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Des Plaines Studio Apartments | $1,733 | $1,180 | $3,086 |
| Des Plaines 1 Bedroom Apartments | $1,815 | $1,350 | $3,677 |
| Des Plaines 2 Bedroom Apartments | $2,191 | $1,535 | $4,179 |
| Des Plaines 3 Bedroom Apartments | $3,078 | $1,891 | $4,699 |
| Des Plaines 4 Bedroom Apartments | $14,406 | $10,000 | $10,000+ |
| 2 Bedroom Homes | $2,301 | $1,550 | $4,200 |
| 3 Bedroom Homes | $3,238 | $2,400 | $4,500 |
| 4 Bedroom Homes | $3,850 | $2,500 | $5,250 |
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