$275,000
For Sale by Owner $379/sq ft
Listed 2 months ago

1BR Condo for Sale in Chicago, IL

405 N Wabash Ave Unit 4712, Unit 4712, Chicago, IL 60611
1 Bed
1 Bath
725 sq ft
Built 1977
PropSlick Verified Data Key facts & insights for this exact address
$379
Price / sq ft
1977
Year Built
$702
HOA / month
$4,823
Property Tax / yr
1
Garage Spaces
Cook
County

Key Facts

Property TypeCondo
Year Built1977
Square Footage725 sq ft
Garage Spaces1
HOA Fee$702/monthly
Annual Property Tax$4,823
Price / SqFt$379

Property Description

Located in the heart of River North, this 725 sq. ft. residence offers impressive high-floor views of the city and lake. Unit 4712 provides a perfect balance: you are steps away from the city's vibrant energy, yet high enough to enjoy a sense of quiet and retreat. As you enter through the foyer, you are greeted by wood floors that lead into the kitchen and living room. The living area features a functional layout, complete with shelving adjacent to the kitchen. The kitchen offers ample counter space and cabinetry storage, ideal for everyday use. Notably, this residence is one of the few units in the building to feature an in-unit washer and dryer. The bedroom is a standout feature-generously sized to accommodate a king-size bed with plenty of room for additional furniture-and features a sliding glass door shared with the living room. Ample closet space is found throughout the unit to ensure an organized, clutter-free home. River Plaza is a full-service building designed for effortless city living. Residents enjoy: 24-hour door staff and evening security, on-site management and maitnence, a fitness center, indoor pool, hot tub, an outdoor sundeck and an updated shared laundry room. The "All-In" monthly assessment is comprehensive, covering heat, air conditioning, water, cable, and high-speed internet. The building is well-managed with approximately $2.9 million in reserves and an owner occupancy rate of 62%. This is an excellent opportunity for investors, as there is no rental cap or restrictive rental policies ( minimum one-year lease required). Perfectly situated, River Plaza is just steps from the Chicago Riverwalk, the Magnificent Mile, the historic Wrigley Building, and a great array of dining and transit options.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Air Conditioning
Heating
Washer/Dryer
Dishwasher
Swimming Pool
Gym/Fitness
Elevator
Balcony/Deck

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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