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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.
| DAYS ON MARKET | 68 | LAST UPDATED | 9/3/2025 |
|---|---|---|---|
| YEAR BUILT | 1978 | COMMUNITY | CHI - Near North Side |
| COUNTY | Cook | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance, Internet, Security, Snow Removal, Water |
| APPLIANCES | Dishwasher, Microwave, Range, Refrigerator, Wine Refrigerator |
| AREA | CHI - Near North Side |
| BASEMENT | None |
| CONSTRUCTION | Concrete |
| HEAT | Forced Air |
| HOA DUES | 680 |
| INTERIOR | Elevator |
| LOT | 0 |
| LOT DIMENSIONS | CONDO |
| PARKING | Circular Driveway, On Site, Deeded, Attached, Garage |
| SEWER | Public Sewer |
| STORIES | 51 |
| TAXES | 3720.08 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Streeterville Realty, LLC
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
