405 N Wabash Ave Unit 2809 Chicago, IL 60611
River North NeighborhoodEstimated payment $2,589/month
Total Views
4,912
1
Bed
1
Bath
725
Sq Ft
$378
Price per Sq Ft
Highlights
- Doorman
- 4-minute walk to Grand Avenue Station (Red Line)
- Community Indoor Pool
- Fitness Center
- Lock-and-Leave Community
- Party Room
About This Home
Investment only, tenant just renewed the lease until July 2026. Discover city living in this one-bedroom residence, ideally situated in the vibrant heart of Chicago's River North neighborhood. This inviting unit boasts captivating South city views, providing an city backdrop to your daily life. Step into a well lit unit that has a large walk in closet in the foyer. The kitchen has an ample amount of counter space and cabinetry for your kitchen needs. The large living space with large windows looking out at the Chicago River and skyline of the downtown area. The updated bathroom offers a renovated vanity with an expansive mirrors and tastefully selected floor tiles. This full amenity building has 24-hour door staff, evening security, and on-site management and maintenance (24 hours). It also has a spacious fitness room that provides its residents with ample cardio, weight machines and free weights to support a great workout routine. The building also has an indoor pool and hot tub that is fully enclosed so it can be used year-round. Right next to the pool & hot tub is the sun deck area which is on the South side of the building allowing a lot of natural light to reach the sun deck and enjoy great views of the Chicago River and architecture as you sit outside. The building also has an on-site package room and hospitality room for the residents to enjoy. There is an on-site laundry room that is card operated and has an app feature so you can receive notifications when your machine is done. This building is 62% owner occupied with no rental cap and no rental restrictions. The building does require rentals to have a lease term of 1 year minimum. The building reserves are $1.7 million. Enjoy the unparalleled convenience of being within walking distance to the iconic Magnificent Mile, the scenic Chicago Riverwalk. Indulge in world-class shopping, diverse dining experiences, and seamless access to public transportation, all just moments from your doorstep.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,980
Year Built
- Built in 1977
HOA Fees
- $693 Monthly HOA Fees
Parking
- Circular Driveway
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 725 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Septic Tank
- Cable TV Available
Community Details
Overview
- Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 678 Units
- Jamie Sartin Association, Phone Number (312) 644-3300
- High-Rise Condominium
- Property managed by Community Specialists
- Lock-and-Leave Community
- 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
- Limit on the number of pets
- Cats Allowed
Security
- Resident Manager or Management On Site
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,980 | $23,748 | $1,402 | $22,346 |
| 2023 | $4,854 | $23,602 | $1,130 | $22,472 |
| 2022 | $4,854 | $23,602 | $1,130 | $22,472 |
| 2021 | $4,746 | $23,601 | $1,130 | $22,471 |
| 2020 | $4,644 | $20,846 | $872 | $19,974 |
| 2019 | $4,547 | $22,632 | $872 | $21,760 |
| 2018 | $4,471 | $22,632 | $872 | $21,760 |
| 2017 | $4,430 | $20,578 | $742 | $19,836 |
| 2016 | $4,122 | $20,578 | $742 | $19,836 |
| 2015 | $3,771 | $20,578 | $742 | $19,836 |
| 2014 | $3,243 | $17,477 | $581 | $16,896 |
| 2013 | $3,179 | $17,477 | $581 | $16,896 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $274,000 | -- | $378 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $169,000 | Cti | |
| Warranty Deed | $169,000 | Cti | |
| Trustee Deed | $101,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $142,400 | Unknown | |
| Previous Owner | $90,850 | No Value Available |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12428656
APN: 17-10-132-037-1403
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