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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.
Address |
405 N WABASH
Unit# 1604 Chicago, IL 60611 |
Listing Status | Pending |
Asking Price | $217,000 |
Original Listing | $217,000 @ |
Escrow Date | 2024-07-24 |
Off-Market Date | 2024-07-24T05:00:00Z |
Days on MLS |
Property Type | Condo |
Asssessment | $396 |
HOA 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 |
Square Footage | Not Disclosed |
Bedrooms | 0 |
Full Bathrooms | 1 |
Directions | Between Grand St and The River On Wabash. Park in the driveway for 20 mins. |
Community Area | River Plaza |
Neighborhood | Near North Side |
School District | Not Listed |
County | Cook |
Tax PIN | 17101320371226 |
Property Tax | $2,882 for the year 2022 |
Year Built | 1977 |
Laundry Location | Common Area |
Elevator | Not Listed |
Cooling | Central Air |
Heating | Forced Air |
Sewer/Septic | Public Sewer |
Fireplaces | Not Listed |
Appliances | Range, Microwave, Dishwasher, Refrigerator |
Association Fee Frequency | Monthly |
Basement | None |
High School District | 299 |
Living Area Source | Estimated |
New Construction | No |
Platform | MRED |
AOR | |
MLS Number | MRD12092072 |
Courtesy of | Streeterville Realty, LLC |
https://www.chicagotopcondos.com/MRD12092072
Style | Attached Single |
Material | Not Listed |
Lot Size | COMMON |
Fencing | Not Listed |
Topography | Not Listed |
Swimming Pool | Not Listed |
Parking |
Total Spaces: 1
Garage Spaces: 1
Non-Garage Spaces:
0 -
|
View | Not Listed |