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$217,000

Beds
Unknown
Baths
1.0
sq ft
545

405 N Wabash Ave Unit 1604, Chicago, IL 60611

405 N Wabash Ave Unit 1604

Chicago, IL 60611

  • 3 days on market
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.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$399

Year built

1977

Annual property taxes

$2,882.24

Monthly HOA fee

$396

Price History

07/01/2024
MRED

MRED #12092072

Listed
$217,000

Schools & Community

Neighborhood: 

Near North

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

299

Status: Active

Tomo last checked: 07/04/2024 at 10:50 PM

Listing updated: 07/01/2024 at 11:38 AM

Listed by: Haroon Khan, Streeterville Realty, LLC Phone #: (312) 494-0490

MLS: MRED #12092072

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