NOT LISTED FOR SALE

405 N Wabash Ave Unit 1909 Chicago, IL 60611

River North Neighborhood

Estimated Value: $264,834 - $308,000

1 Bed
1 Bath
725 Sq Ft
1.16 Acres

Highlights

  • Doorman
  • 4-minute walk to Grand Avenue Station (Red Line)
  • Party Room
  • Fitness Center
  • Community Indoor Pool
  • Sundeck

About This Home

As of February 2024

Live the Dream in River North: Sleek 1 Bedroom Oasis Awaits! Welcome to your sanctuary in the heart of Chicago's vibrant River North. This newly remodeled, south-facing condo offers stunning views of the Chicago River and bathes you in natural light all day long. As you walk in you will be wowed by the wood floors throughout leading you to an open kitchen and living area perfect for entertaining or cozy evenings in. Chef-inspired kitchen boasts stainless steel appliances, quartz counters, and ample cabinet space. Whip up culinary masterpieces or order a nice meal and make it look like you did. The luxurious bathroom features a double vanity sink and a modern standalone shower. It will be your own personal spa. A spacious bedroom with ample closet space ensures the perfect place to unwind after a long day. But that is not all: Live worry-free with heat, air, water, cable, and internet included in your rent. 24-hour door staff ensures your safety and convenience. On-site management and maintenance to help handle the building needs. Indulge in the building's amenities: unwind in the indoor pool and hot tub, soak up the sun on the private sun deck, host gatherings or work remotely in the hospitality room, or simply grab a package from the secure package room. Laundry facilities are conveniently located on-site. Location is everything: The prime River North address puts you steps away from world-class dining, nightlife, and endless shopping possibilities. Walk to the Riverwalk, hop on the L, and explore the nearby Mag Mile-the world is your oyster.

Last Agent to Rent the Property

Haroon Khan

Streeterville Realty, LLC License #475152943 Listed on: 01/26/2024

Co-Listed By

Anthony Garcia

Streeterville Realty, LLC License #475166708

Last Renter's Agent

Anthony Garcia

Streeterville Realty, LLC License #475166708

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,668

Year Built

  • Built in 1977 | Remodeled in 2023

Lot Details

  • 1.16

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Circular Driveway
  • Parking Space is Owned

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 725 Sq Ft Home
  • Combination Dining and Living Room
  • Laminate Flooring
  • Door Monitored By TV

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 2/15/24
  • Rent includes cable TV, heat, water, pool, scavenger, doorman
  • 12 Month Lease Term

Community Details

Overview

  • 679 Units
  • Jaime Sartin Association, Phone Number (312) 644-3300
  • High-Rise Condominium
  • Property managed by Community Specialist
  • 51-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Restaurant
  • Party Room
  • Coin Laundry
  • Package Room
  • Convenience Store

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,668

Year Built

Built in 1977 | Remodeled in 2023

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-02-15
  • Lease Term: 12 Months
  • Board Approval: No
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2400
  • Is Parking Included in Price: No
  • Fees/Approvals: Credit Report,Move-in Mon-Fri,Refundable Damage Deposit

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,High Rise (7+ Stories)
  • Property Sub-Type: Attached
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 19
  • Rehab Year: 2023
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 51
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • Interior Amenities: Wood Laminate Floors
  • LivingArea: 725
  • Room Type: No additional rooms
  • Stories Total: 51
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Storms/Screens, Door Monitored By TV
  • Foundation Details: Concrete Perimeter
  • List Price: 2400
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Circular
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Exercise Room, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Valet/Cleaner, Spa/Hot Tub
  • Rent Includes: Cable TV, Heat, Water, Pool, Scavenger, Doorman
  • Management: Manager On-site,Monday through Friday
  • Management Company: Community Specialist
  • Management Contact Name: Jaime Sartin
  • Management Phone: 312-644-3300

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2022
Sold by
Pearl P Shatzman Settlor-Trustee Trust
Bought by
Zahir Syed A
Current Estimated Value
$280,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$199,597
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$87,190

Purchase Details

Closed on
Jun 29, 2004
Sold by
Shatzman Pearl P
Bought by
Shatzman Pearl P and Pearl P Shatzman Settlor Trustee Trust

Purchase Details

Closed on
Aug 22, 1996
Sold by
Rader Janet
Bought by
Shatzman Pearl P

Purchase Details

Closed on
Dec 2, 1994
Sold by
Lasalle National Trust Na
Bought by
Rader Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
9.06%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zahir Syed A $280,000 None Listed On Document
Shatzman Pearl P -- --
Shatzman Pearl P $105,000 Chicago Title Insurance Co
Rader Janet $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zahir Syed A $210,000
Previous Owner Rader Janet $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2024 02/17/24 Rented $2,410 +0.4% --
02/12/2024 02/12/24 Under Contract -- -- --
01/28/2024 01/28/24 For Rent $2,400 0.0% --
01/28/2024 01/28/24 Off Market $2,400 -- --
01/26/2024 01/26/24 For Rent $2,400 +45.5% --
06/08/2017 06/08/17 Rented $1,650 -5.7% --
06/02/2017 06/02/17 Price Changed $1,750 +6.1% $2 / Sq Ft
05/04/2017 05/04/17 For Rent $1,650 +3.1% --
03/01/2017 03/01/17 Rented $1,600 0.0% --
01/21/2017 01/21/17 Price Changed $1,600 -3.0% $2 / Sq Ft
01/13/2017 01/13/17 Price Changed $1,650 -8.1% $2 / Sq Ft
12/19/2016 12/19/16 Price Changed $1,795 -3.0% $2 / Sq Ft
12/08/2016 12/08/16 For Rent $1,850 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,668 $22,102 $1,305 $20,797
2023 $4,551 $22,126 $1,052 $21,074
2022 $4,551 $22,126 $1,052 $21,074
2021 $4,449 $22,126 $1,052 $21,074
2020 $4,322 $19,401 $811 $18,590
2019 $4,232 $21,063 $811 $20,252
2018 $4,161 $21,063 $811 $20,252
2017 $4,123 $19,152 $691 $18,461
2016 $3,836 $19,152 $691 $18,461
2015 $3,510 $19,152 $691 $18,461
2014 $3,018 $16,266 $541 $15,725
2013 $2,958 $16,266 $541 $15,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11968411

Midwest Real Estate Data (MRED)

APN: 17-10-132-037-1274