405 Wabash Avenue, Near North Side, Chicago, Illinois 60611

Subdivision > River Plaza

$231,500

Sold
Status: Closed
Sqft: 545
Cost/Sqft: $422
Beds: 0
Baths: 1
Year Built: 1977
Property Taxes: $3,579
Days On Market: 188
Lot Size: 0,00
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Description

Calling all savvy investors looking for a solid investment. Here's an opportunity to own a rental property with term tenant. The current lease ends January 31st 2026. Stunning studio with wrapped around windows offering panoramic views of Chicago Wrigley Clark Tower, Tribune and Chicago River. Great floorplan creates separate bedroom area with a wall mounted Murphy bed and ample closet space. Assessments include heat, air, water, cable & internet. The building offers 24 hour door staff, on-site management & maintenance, fitness center, indoor pool, hot tub, sundeck with city views, secure bike storage, package receiving service, on-site dining, dry cleaning, and laundry facilities. HVAC installation completed and paid in full by seller . The building has strong reserves. Located steps away from the River Walk and the city's most desirable shopping and restaurants. Amazing location!

Property Specifics

Condos/Townhomes
51
1977
No
Cook
River Plaza
523 / Monthly
12302464
17101320371377

Property History

DATE: EVENT: PRICE: SOURCE:
18 Apr, 2016 Sold $190,000 MRED MLS
8 Apr, 2016 Under contract $212,000 MRED MLS
20 Mar, 2016 Listed for sale $212,000 MRED MLS
12 May, 2016 Under contract $0 MRED MLS
24 Apr, 2016 Listed for sale $0 MRED MLS
30 Aug, 2016 Under contract $0 MRED MLS
9 Aug, 2016 Listed for sale $0 MRED MLS
4 Dec, 2017 Under contract $0 MRED MLS
30 Oct, 2017 Listed for sale $0 MRED MLS
1 Oct, 2018 Under contract $0 MRED MLS
21 Sep, 2018 Listed for sale $0 MRED MLS
1 Sep, 2020 Under contract $0 MRED MLS
9 Aug, 2020 Listed for sale $0 MRED MLS
28 Apr, 2021 Under contract $0 MRED MLS
7 Apr, 2021 Listed for sale $0 MRED MLS
21 Jun, 2022 Sold $210,000 MRED MLS
21 May, 2022 Under contract $215,800 MRED MLS
7 May, 2022 Listed for sale $215,800 MRED MLS
15 Jan, 2025 Under contract $0 MRED MLS
7 Jan, 2025 Listed for sale $0 MRED MLS
4 Apr, 2025 Sold $231,500 MRED MLS
15 Mar, 2025 Under contract $230,000 MRED MLS
3 Mar, 2025 Listed for sale $230,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 0
Bedrooms Above Ground: 0
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
First Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
0th Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 1
Partial Bathrooms: 0
Bathroom Amenities: Full Body Spray Shower,Soaking Tub
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

COMMON
Not in DB

Tax History

Year Property Taxes
2016 $2,356
2022 $3,374
2025 $3,579

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Listing Provided By

Chicagoland Brokers, Inc.