405 North Wabash #314, Chicago IL 60611
$235,000

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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.

Features & Information

Key Details

  • List Price $235,000
  • Property Taxes 3720.08
  • Unit Floor Level 3
  • Square Feet 890
  • Price/ Sq. Ft. $264.04
  • Year Built 1978
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 4
  • Master Bedroom

  • Master Bath N
  • Room Size 16X12
  • Living Room

  • Room Size 24X14
  • Floor Level Main Level
  • Flooring Carpet
  • Dining Room

  • Room Size COMBO
  • Floor Level Main Level
  • Kitchen

  • Room Size 10X9
  • Floor Level Main Level
  • Flooring Vinyl

Interior Features

  • Appliances

  • Appliances Included Oven/Range, Microwave, Dishwasher, Refrigerator, Wine Cooler/Refrigerator
  • Heating & Cooling

  • Heating Type Forced Air

Exterior Features

  • Parking

  • Parking Garage
  • # of Cars 0

Building Information

  • Number of Units 678
  • Age of Building 41-50 Years
  • Exterior Construction Concrete
  • Common Area Amenities Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator, Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Pool-Indoors, Receiving Room, Restaurant, Security Door Locks, Laundry
  • Exposure N (North),City
  • Pets

  • Pets Allowed? Y
  • Pet Types Cats OK,Pet Count Limitation,Pet Weight Limitation

Location

  • County Cook
  • Township North Chicago
  • Corporate Limits Chicago
  • Directions to Property Located On Wabash. From Grand Go South On Wabash.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 3720.08
  • Tax Year 2023
  • Tax Exemptions Homeowner,Senior
  • Parcel Identification Number 17101320371044

Utilities

  • Sewer Sewer-Publ

Listed by: Streeterville Realty, LLC | Phone: 312.494.0490
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/15/2025 9:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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