For Sale: 405 N WABASH #1604, Chicago, IL 60611. 0-bedroom 1-bath, 1977 River Plaza $217,000 begin new search
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Overview

Prime River North Pied-A-Terre Awaits: Studio Investment in the River Plaza building. FOR INVESTMENT ONLY as it is rented 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. Young professionals craving a vibrant city hub or savvy second-home buyer desiring a chic Chicago escape. 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 stand alone 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!

Address 405 N WABASH

Unit# 1604


Chicago, IL 60611
Listing Status Active
Asking Price $217,000
Original Listing $217,000 @
Ownership
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, Elevator(s), Security
Rooms
No additional rooms
Square Footage Not Disclosed
Bedrooms 0
Full Bathrooms 1
Location
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
Public Records
County Cook
Tax PIN 17101320371226
Property Tax $2,818 for the year 2021
Features
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
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD11966863
Courtesy of Streeterville Realty, LLC
Exterior
Style Attached Single
Material Not Listed
Lot Size COMMON
Fencing Not Listed
Topography Not Listed
Swimming Pool Not Listed
Parking
Total Spaces: 0
Garage Spaces:
Non-Garage Spaces: 0 -
View Not Listed