$212,000
PENDING $4K PRICE DROP

405 N Wabash Ave Unit 2204 Chicago, IL 60611

River North Neighborhood

Estimated payment $1,866/month

Total Views 2,482
-- Bed
1 Bath
545 Sq Ft
$389 Price per Sq Ft

Highlights

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

About This Home

Experience the best of downtown Chicago living in this high-floor convertible studio with stunning skyline views! Flooded with natural light, this freshly painted unit features brand new refrigerator, stove, microwave and solid hardwood floors throughout, offering a bright and inviting space perfect for city dwellers. The full-amenity building includes 24-hour door staff, on-site management and maintenance, evening security, a spacious fitness center, indoor pool, hot tub, party room, and on-site laundry. Financially strong with $2.6 million in reserves and a recently upgraded HVAC system, the building also has no rental cap, making it ideal for both homeowners and investors. Located just steps from Michigan Avenue, the Riverwalk, Millennium Park, and endless shopping, dining, and entertainment, this is your opportunity to live in one of Chicago's most vibrant neighborhoods!

Listing Agent

Simon Liang

Concentric Realty, Inc License #471011293 Listed on: 05/29/2025

Concentric Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,112

Year Built

  • Built in 1977

HOA Fees

  • $461 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Studio
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Full Bathroom
  • 545 Sq Ft Home
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Door Monitored By TV
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Steam
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
  • 678 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
  • Elevator
  • Package Room

Recreation

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

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,112

Year Built

Built in 1977

Lot Details

0

HOA Fees

$461 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Studio
  • Ownership: Condo
  • EntryLevel: 22
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Studio
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: UnderContract
  • Property Sub Type: Condos
  • Stories: 51

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 545
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Stories Total: 51
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Glass, Concrete
  • ExteriorFeatures: Door Monitored By TV
  • Foundation Details: Concrete Perimeter
  • List Price: 212000
  • Waterfront: No

Garage/Parking

  • Parking Features: Circular Driveway, Off Site, Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 461
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Valet/Cleaner, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: COMMUNITY SPECIALIST
  • Management Contact Name: JAIME SARTIN
  • Management Phone: 312-644-3300

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 3112.08
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 678

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,112 $14,852 $877 $13,975
2023 $3,034 $14,752 $707 $14,045
2022 $3,034 $14,752 $707 $14,045
2021 $2,966 $14,750 $706 $14,044
2020 $2,904 $13,037 $545 $12,492
2019 $2,844 $14,153 $545 $13,608
2018 $2,796 $14,153 $545 $13,608
2017 $2,770 $12,869 $464 $12,405
2016 $2,577 $12,869 $464 $12,405
2015 $2,358 $12,869 $464 $12,405
2014 $2,028 $10,929 $363 $10,566
2013 $1,988 $10,929 $363 $10,566
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Pending -- -- --
08/11/2025 08/11/25 For Sale $212,000 0.0% $389 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
07/01/2025 07/01/25 Price Changed $212,000 -1.9% $389 / Sq Ft
05/29/2025 05/29/25 For Sale $216,000 0.0% $396 / Sq Ft
03/30/2023 03/30/23 Rented $1,650 0.0% --
03/30/2023 03/30/23 For Rent $1,650 0.0% --
03/28/2023 03/28/23 Off Market $1,650 -- --
03/14/2023 03/14/23 For Rent $1,650 +10.0% --
12/15/2016 12/15/16 Rented $1,500 0.0% --
12/04/2016 12/04/16 Price Changed $1,500 -9.1% $3 / Sq Ft
11/20/2016 11/20/16 For Rent $1,650 0.0% --
11/16/2016 11/16/16 Sold $200,000 0.0% $367 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/24/2016 10/24/16 Off Market $200,000 -- --
10/20/2016 10/20/16 For Sale $204,000 -- $374 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $200,000 Attorney
Warranty Deed $173,500 First American Title Ins Co
Warranty Deed -- --
Trustee Deed $59,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $114,700 New Conventional
Previous Owner $130,125 Fannie Mae Freddie Mac
Previous Owner $30,000 Credit Line Revolving
Previous Owner $82,722 Unknown
Previous Owner $81,050 Unknown
Previous Owner $68,400 No Value Available
Previous Owner $41,500 No Value Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12374817

Midwest Real Estate Data (MRED)

APN: 17-10-132-037-1313