405 N Wabash Avenue Unit 1604
Chicago, IL 60611
- – beds
- 1 bath
- 545 sqft
- $398 per sqft
- 1977 build
- – on site
Prime River North Pied-A-Terre Awaits: Studio Investment in the River Plaza building. FOR INVESTMENT ONLY until September 2024: This unique studio condo in the heart of River North offers the perfect blend of urban living and savvy financial opportunity. Nestled within the River Plaza building at 405 N. Wabash Ave, this compact gem awaits you. This is ideal for discerning investors seeking great rental income. Ideal for individuals craving a vibrant city hub or savvy second-home buyer desiring a chic Chicago escape or for an investment. Enjoy the fact that you are steps from vibrant bars, renowned restaurants, and world-class shopping. Minutes from the Riverwalk and so much more. This unit offers an efficient layout that has a built-in Murphy bed, and separate alcove space that can be used as a work area, bedroom or whatever your needs may be. This functional layout is 550 sq ft and has an updated bathroom with a standalone shower and walk-in closet. The River Plaza building is a 51-story condo building situated in the heart of River North, offering city views and unparalleled access to everything Chicago has to offer. River Plaza residents benefit from a full amenity building that includes a 24-hour doorman, fitness center, indoor pool & hot tub, sun deck, hospitality room, and more. The building has no rental caps or rental restrictions. The building will need a 1-year lease agreement at the min. The owner occupancy is 63% and building reserves are over 3 million dollars. Embrace the dynamic energy of River North. Don't miss your chance to invest in this River North condo! Motivated Seller and also has parking for sale at $34,000-PS: D20.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jul 1, 2024
•
MLS# 12092072 —
The Building
-
Year Built:1977
-
Rebuilt:No
-
New Construction:false
-
Basement:None
-
Disability Access:No
-
Stories Total:51
-
Living Area Source:Estimated
Interior
-
Rooms Total:3
-
Room Type:No additional rooms
-
Laundry Features:Common Area
Room Dimensions
-
Living Area:545
Location
-
Directions:Between Grand St and The River On Wabash. Park in the driveway for 20 mins.
-
Location:84145
The Property
-
Parcel Number:17101320371226
-
Property Type:Residential
-
Lot Size Dimensions:COMMON
-
Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 494-0490
- Office phone:
- (312) 494-0490
Taxes
-
Tax Year:2022
-
Tax Annual Amount:2882.24
Baths
-
Baths:1
-
Full Baths:1
The Listing
-
Special Listing Conditions:None
-
Buyer's Brokerage Compensation Type:Net Sale Price
-
Buyer's Brokerage Compensation:2.5% MINUS $350
Heating & Cooling
-
Heating:Forced Air
-
Cooling:Central Air
Utilities
-
Sewer:Public Sewer
-
Water Source:Lake Michigan
Appliances
-
Appliances:Range, Microwave, Dishwasher, Refrigerator
Schools
-
Elementary School District:299
-
Middle Or Junior School District:299
-
High School District:299
The Community
-
Subdivision Name:River Plaza
-
Pets Allowed:Cats OK, Number Limit
-
Association Amenities:Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Business Center, Laundry, Security
-
Association Fee:396
-
Association Fee Includes:Heat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
-
Association Fee Frequency:Monthly
-
Master Assoc Fee Frequency:Not Required
Parking
-
Parking Total:1
-
Garage Type:Detached
-
Garage Spaces:1
-
Garage Onsite:Yes
-
Garage Ownership:Deeded Sold Separately
Monthly cost estimate
![405 N Wabash Avenue Unit 1604](https://images.estately.net/142_MRD12092072_0_1719853198_636x435.jpg)
Asking price
$217,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,161
|
Taxes | $240 |
Insurance | $59 |
HOA fees | $396 |
Utilities | $99 See report |
Total | $1,955/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/1/24
Jul 1, 2024
|
Listed / Active | MRED | $217,000 | |
1/24/24
Jan 24, 2024
|
Listed / Active | MRED | ||
11/29/23
Nov 29, 2023
|
Listed / Active | MRED |