$221,470
$225,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
405 N WABASH AVE #2102 Chicago, IL 60611
1 Bed
1 Bath
888 SqFt
Key Details
Sold Price $221,470
Property Type Condo
Sub Type Condo,High Rise (7+ Stories)
Listing Status Sold
Purchase Type For Sale
Square Footage 888 sqft
Price per Sqft $249
Subdivision River Plaza
MLS Listing ID 11894150
Sold Date 10/20/23
Bedrooms 1
Full Baths 1
HOA Fees $680/mo
Year Built 1976
Annual Tax Amount $4,669
Tax Year 2021
Lot Dimensions COMMON
Property Description
Calling all savvy investors looking for a solid investment. Here's an opportunity to own a rental property with long term tenants. Current lease ends March 31, 2024 at $1700/mo. Potential to increase rent after lease is up and with some minor freshen up. Cash or investor loan only accepted at this time. Looking for a second home and willing to wait for lease to be up? This spacious 1-bedroom 1 bath condo in River North is perfectly situated in the middle of iconic buildings, entertainment, shops and world renowned restaurants. The unit features a large living/dining area with floor-to-ceiling windows that offer stunning skyline views. Kitchen was remodeled about 10 years ago with stainless steel appliances and maple cabinets. Generous size bedroom has a walk-in closet. The building offers a variety of amenities, including a 24-hour doorman, fitness center, indoor pool, and sundeck. Currently at 36% rental ratio and no restrictions except for a minimum 1 year lease requirement. Sorry, dogs are not allowed. Great value! Make an offer now before it goes under contract. Interior photos will be available soon.
Location
State IL
County Cook
Area Chi - Near North Side
Rooms
Basement None
Interior
Heating Natural Gas, Steam
Cooling Central Air
Fireplace N
Appliance Range, Microwave, Dishwasher, Refrigerator
Exterior
Garage Attached
Garage Spaces 1.0
Amenities Available Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Sauna, Valet/Cleaner, Spa/Hot Tub, Business Center
Waterfront false
Roof Type Other
Building
Story 51
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
HOA Fee Include Heat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal
Ownership Condo
Special Listing Condition List Broker Must Accompany
Pets Description No
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Sikandar Kazi • Baird & Warner