CONTINGENT: 405 N WABASH #314, Chicago, IL 60611. 1-bedroom 1-bath, 1978 Near North Side $225,000 begin new search
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Overview

Investment Opportunity or Start Home in the Heart of River North! Located at 405 N. Wabash Ave, this one-bedroom condo in the desirable River Plaza building offers an incredible opportunity for a savvy investor or a first-time buyer ready to create their dream home. This spacious 890 square foot unit is being sold as-is, providing a blank canvas for your vision. The living and bedroom have carpeting, while the open kitchen has vinyl tile, white appliances, and a mirrored backsplash. The bathroom includes ceramic tiles and tan tiles around the tub, with a large vanity and mirror. The bedroom is generous in size and has a walk in closet. Great Building Amenities & Prime Location: River Plaza is a full amenity building that makes city living enjoyable: -24 hour door staff -On-site management and maintenance -24 hour fitness room -Indoor pool and hot tub -Outdoor sundeck -Package room -Hospitality room -On-site laundry with app feature Monthly HOA fees cover heat, air, water, cable, internet, and trash. The building financials are $1.7 million in reserves and is 62% owner-occupied. For investors, this building has no rental cap or restrictions, only requiring a one year minimum lease. Located steps from the Chicago River, Wrigley Building, Magnificent Mile, and some of the city's best dining and entertainment, this unit offers the best of city living. Don't miss out on this amazing opportunity.

Address 405 N WABASH

Unit# 314


Chicago, IL 60611
Listing Status Contingent
Asking Price $225,000
Original Listing $235,000 @
Escrow Date 2026-02-19
Days on MLS
Google Map
Map Not Available
Ownership
Property Type Condo
Asssessment $714
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, Security Door Lock(s), Laundry
Rooms
No additional rooms
Square Footage Not Disclosed
Bedrooms 1
Full Bathrooms 1
Location
Directions Located on Wabash. From Grand go South on Wabash.
Neighborhood Near North Side
School District Not Listed
Public Records
County Cook
Tax PIN 17101320371044
Property Tax $3,479 for the year 2024
Nothing Found The exact location of this property could not be determined from its listed address. Location features such as the Map, Containing Areas, Highway Locator, Google Street View, and Ocean Distance are not available.
Features
Year Built 1978
Laundry Location Common Area
Elevator Not Listed
Cooling Central Air
Heating Forced Air
Sewer/Septic Public Sewer
Fireplaces Not Listed
Additional Parcels No
Appliances Range, Microwave, Dishwasher, Refrigerator, Wine Refrigerator
Association Fee Frequency Monthly
Basement None
Construction Materials Concrete
Electric Circuit Breakers
High School District 299
Living Area Source Estimated
New Construction No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD12458546
Courtesy of Streeterville Realty, LLC
Exterior
Style Attached Single
Material Not Listed
Lot Size CONDO
Fencing Not Listed
Topography Not Listed
Swimming Pool Not Listed
Parking
Circular Driveway
Yes
Deeded
Attached
Garage
Total Spaces: 0
Garage Spaces: 0
Non-Garage Spaces: 0 -
View Not Listed