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  • $231,500

    405 N Wabash Ave Unit 2612, Chicago, IL 60611

    0beds
    545sqft
    Condominium, Apartment, Single Family Residence
    Built in 1977
    -- sqft lot
    $249,100 Zestimate®
    $425/sqft
    $2,037 Estimated rent

    Home value

    $249,100

    $222,000 - $279,000

    $2,037/mo

    Zestimate® history
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    $2,037/mo

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    $2,254/mo

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    $2,254/mo

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    What's special

    Calling all savvy investors looking for a solid investment. Here's an opportunity to own a rental property with term tenant. The current lease ends January 31st 2026. Stunning studio with wrapped around windows offering panoramic views of Chicago Wrigley Clark Tower, Tribune and Chicago River. Great floorplan creates separate bedroom area with a wall mounted Murphy bed and ample closet space. Assessments include heat, air, water, cable & internet. The building offers 24 hour door staff, on-site management & maintenance, fitness center, indoor pool, hot tub, sundeck with city views, secure bike storage, package receiving service, on-site dining, dry cleaning, and laundry facilities. HVAC installation completed and paid in full by seller . The building has strong reserves. Located steps away from the River Walk and the city's most desirable shopping and restaurants. Amazing location!

    Zillow last checked:

    Listing updated:

    Listed by:

    Anita Nosek 312-593-3299,

    Chicagoland Brokers, Inc.

    Bought with:

    Galina Tarantul

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12302464MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Dining room
    • Features: Window Treatments (Blinds)
    • Level: Main
    • Dimensions: COMBO
    Kitchen
    • Features: Flooring (Ceramic Tile)
    • Level: Main
    • Area: 70 Square Feet
    • Dimensions: 7X10
    Living room
    • Features: Flooring (Carpet), Window Treatments (Blinds)
    • Level: Main
    • Area: 252 Square Feet
    • Dimensions: 12X21
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 545 sqft

    Property

    Accessibility
    • Accessibility features: No Disability Access
    Details
    • Parcel number: 17101320371377
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Apartment, Single Family Residence
    Materials
    • Concrete
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Subdivision: River Plaza
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Valet/Cleaner, Spa/Hot Tub, Business Center
    • Services included: Heat, Air Conditioning, Water, Insurance, Security, Doorman, Cable TV, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
    • HOA fee: $523 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $425/sqft
    • Tax assessed value: $183,080
    • Annual tax amount: $3,579
    • Date on market: 3/3/2025
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    7/1/2026Listing removed$2,050$4/sqft
    Source: Zillow Rentals Report a problem
    5/29/2026Listed for rent$2,050+10.8%$4/sqft
    Source: Zillow Rentals Report a problem
    4/4/2025Sold$231,500+0.7%$425/sqft
    Source: MRED as distributed by MLS GRID #12302464 Report a problem
    3/15/2025Contingent$230,000$422/sqft
    Source: MRED as distributed by MLS GRID #12302464 Report a problem
    3/3/2025Listed for sale$230,000+9.5%$422/sqft
    Source: MRED as distributed by MLS GRID #12302464 Report a problem
    1/25/2025Listing removed$1,850$3/sqft
    Source: Zillow Rentals Report a problem
    1/6/2025Listed for rent$1,850+27.6%$3/sqft
    Source: Zillow Rentals Report a problem
    6/21/2022Sold$210,000-2.7%$385/sqft
    Source: MRED as distributed by MLS GRID #11397686 Report a problem
    5/28/2022Contingent$215,800$396/sqft
    Source: MRED as distributed by MLS GRID #11397686 Report a problem
    5/8/2022Listed for sale$215,800+13.6%$396/sqft
    Source: MRED as distributed by MLS GRID #11397686 Report a problem
    4/28/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/14/2021Listed for rent$1,450-6.5%$3/sqft
    Source: Zillow Rental Manager Report a problem
    9/5/2020Listing removed$1,550$3/sqft
    Source: Kale Realty #10813494 Report a problem
    8/11/2020Listed for rent$1,550-3.1%$3/sqft
    Source: Kale Realty #10813494 Report a problem
    12/5/2017Listing removed$1,600$3/sqft
    Source: Concentric Realty Inc #09789914 Report a problem
    11/13/2017Price change$1,600-5.9%$3/sqft
    Source: Concentric Realty Inc #09789914 Report a problem
    10/31/2017Listed for rent$1,700$3/sqft
    Source: Concentric Realty Inc #09789914 Report a problem
    4/18/2016Sold$190,000-10.4%$349/sqft
    Source: Berkshire Hathaway HomeServices Koenig Rubloff #09171193_60611 Report a problem
    4/8/2016Pending sale$212,000$389/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09171193 Report a problem
    3/21/2016Listed for sale$212,000+34.2%$389/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09171193 Report a problem
    7/25/2001Sold$158,000+102.6%$290/sqft
    Source: Public Record Report a problem
    8/22/1995Sold$78,000$143/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,467 -3.1%$18,308 +7.9%
    2023$3,579 +2.6%$16,964
    2022$3,489 +2.3%$16,964
    2021$3,411 +1.1%$16,964 +12%
    2020$3,374 +2.1%$15,147 -7.9%
    2019$3,304 +1.7%$16,445
    2018$3,248 +0.9%$16,445 +10%
    2017$3,219 +7.5%$14,952
    2016$2,995 +9.3%$14,952
    2015$2,740 +16.3%$14,952 +17.7%
    2014$2,356 +2%$12,699
    2013$2,310 +1.4%$12,699
    2012$2,279 +5.3%$12,699 -4.9%
    2011$2,164 -0.4%$13,357
    2010$2,173 -12.3%$13,357 -16%
    2009$2,480 +26%$15,902 +15.9%
    2008$1,968 +1%$13,718
    2007$1,948 -1.1%$13,718
    2006$1,969 -3.3%$13,718 +10.1%
    2005$2,036 +1%$12,459
    2004$2,015 +2.2%$12,459
    2003$1,972 +13.1%$12,459 +28.4%
    2002$1,743 +3.8%$9,702
    2001$1,680 +53%$9,702
    2000$1,098 -26.4%$9,702 +25.7%
    1999$1,492 $7,716
    Find assessor info on the county website

    Neighborhood: River North

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $249,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $249,100