Pending
405 N Wabash Avenue Unit: 1604
Chicago IL, 60611
$217,000
$398.17 per sqft
Pending
1 Bath
545 sqft
Condo
Built in 1977
Courtesy of Streeterville Realty, LLC
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.
12092072
MLSⓇ ID
July 1, 2024
Listed
August 23, 2024
Updated
Map
405 N Wabash Avenue Unit: 1604
Chicago IL, 60611
Interior Features
Total Stories
51
Total Bathrooms
1
Full Bathrooms
1
Appliances
Range, Microwave, Dishwasher, Refrigerator
Laundry Description
Common Area
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Sewer
Public Sewer
School Information
School District
299
Other Property Details
Area Name
CHI - Near North Side
Taxes
$2,882
Tax Frequency
Annually
Days on Market
24
Association Fee
$396
Association Fee Frequency
Monthly
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
Garage
Yes
Garage Spaces
1
Parking Total
1
View
No
County
Cook
Municipality
North Chicago
Water Source
Lake Michigan
Pool
No
Listing History
Date | Event | Price |
---|---|---|
7/24/2024 | Pending | — |
Courtesy of Streeterville Realty, LLC, Haroon Khan,
Listing Contact: 312-545-2266
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 8/23/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 6:55 PM UTC, 8/23/2024