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.

Property Details

PRICE
$225,000
BEDROOMS
1
BATHROOMS
1
SQFT
890
YEAR BUILT
1978
PARKING SPOTS
N/A
MLS #
12458546
FULL ADDRESS
405 405 Wabash Avenue 314
CITY
Chicago, IL
ZIP
60611

Listing Details

Listing Office
Streeterville Realty, LLC
Listing Agent
Haroon Khan
Contact
312-494-0490
Last Data Update
2026-03-18T02:57:38Z

Interior

APPLIANCES
Dishwasher
BATHROOMS
1 Full Bathroom

Schools

School District
299
Elementary School
High School

Other important details

HOA FEE
714
HOA FREQUENCY
Monthly
HOA INCLUDES
Heat
TAX YEAR
2024
TAXES
3479.33

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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