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.

Property Details

PRICE
$217,000
BEDROOMS
N/A
BATHROOMS
1
SQFT
545
YEAR BUILT
1977
PARKING SPOTS
1
MLS #
12092072
FULL ADDRESS
405 405 Wabash Avenue 1604
NEIGHBORHOOD
River Plaza
CITY
Chicago, IL
ZIP
60611

Listing Details

Listing Office
Streeterville Realty, LLC
Listing Agent
Haroon Khan
Contact
312-494-0490
Last Data Update
2024-12-23T06:25:58Z

Interior

APPLIANCES
Dishwasher
BATHROOMS
1 Full Bathroom

Schools

School District
299
Elementary School
High School

Other important details

HOA FEE
396
HOA FREQUENCY
Monthly
HOA INCLUDES
Heat
TAX YEAR
2022
TAXES
2882.24

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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