405 N Wabash AVE #314 Chicago, IL 60611 Open Sat 10AM-12PM

UPDATED: 09/04/2025 08:57 AM ON MARKET: 14 days on market

$235,000

1 Bed1 Bath890 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 890 sqft

Price per Sqft $264

MLS Listing ID 12458546

Bedrooms 1

Full Baths 1

HOA Fees $680/mo

Rental Info Yes

Year Built 1978

Annual Tax Amount $3,720

Tax Year 2023

Lot Dimensions CONDO

Property Sub-Type Condo

Property Description

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.


Listed by Haroon Khan • Streeterville Realty, LLC