NOT LISTED FOR SALE

405 N Wabash Ave Unit 3308 Chicago, IL 60611

River North Neighborhood

Estimated Value: $287,000 - $318,000

1 Bed
1 Bath
990 Sq Ft
$721/ mo HOA Fee

Last Sold April 28, 2023

Last sale price $257,000 $260 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,841/month

27 Days on Market

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • 4-minute walk to Grand Avenue Station (Red Line)

About This Home

As of April 2023

Great opportunity on this condo unit. It offers approximately 990 square feet of living space with 1 bedroom and 1 bathroom. Good floor plan. May require some enhancements and upgrades but worth taking a look at. REO Auction property.

Last Agent to Sell the Property

Val Laborevitch

Realhome Services & Solutions, Inc. License #471019467 Listed on: 02/09/2023

Last Buyer's Agent

Jenny Derrickson

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,081

Year Built

  • Built in 1974

Lot Details

  • 1.16

HOA Fees

  • $721 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 990 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 697 Units
  • Community Specialists, Inc Association, Phone Number (312) 644-3300
  • Property managed by River Plaza Homeowners Association
  • 51-Story Property

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,081

Year Built

Built in 1974

Lot Details

1.16 Acres

HOA Fees

$721 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1974
  • 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
  • Unit Floor Level: 33
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 51

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 990
  • Room Type: Other Room
  • Stories Total: 51
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 721
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: River Plaza Homeowners Association
  • Management Contact Name: Community Specialists, Inc
  • Management Phone: 312-644-3300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6080.61
  • Tax Year: 2021

Multi Family

  • Units in Building: 697

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Apr 25, 2023
Sold by
Soundview Home Loan Trust
Bought by
Mcmahon Alina D
Seller's Agent
Val Laborevitch
Realhome Services & Solutions, Inc.
Buyer's Agent
Jenny Derrickson
Compass
List Price
$270,300
Sold Price
$257,000
Premium/Discount to List
-$13,300
-4.92%
Views
8
Current Estimated Value
$301,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,905
Avg. Annual Appreciation
5.71%
Original Mortgage
$192,750
Outstanding Balance
$186,821
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$115,084

Purchase Details

Closed on
Oct 11, 2022
Sold by
Judicial Sales Corporation
Bought by
Soundview Home Loan Trust and Deutsche Bank Nat'L Trust

Purchase Details

Closed on
Mar 21, 1997
Sold by
Lasalle National Bank
Bought by
Tikmehdash Henri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
10.75%
Source: Public Records
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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
Mcmahon Alina D $257,000 None Listed On Document
Soundview Home Loan Trust -- None Listed On Document
Tikmehdash Henri $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Alina D $192,750
Previous Owner Tikmehdash Henri $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $257,000 -4.9% $260 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/09/2023 03/09/23 Price Changed $270,300 0.0% $273 / Sq Ft
03/01/2023 03/01/23 For Sale $270,300 0.0% $273 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
02/18/2023 02/18/23 Price Changed $270,300 0.0% $273 / Sq Ft
02/09/2023 02/09/23 For Sale $270,300 -- $273 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $6,380 $30,110 $1,777 $28,333
2024 $6,380 $30,110 $1,777 $28,333
2023 $6,219 $30,239 $1,433 $28,806
2022 $6,219 $30,239 $1,433 $28,806
2021 $6,081 $30,238 $1,433 $28,805
2020 $5,888 $26,431 $1,105 $25,326
2019 $5,765 $28,695 $1,105 $27,590
2018 $5,668 $28,695 $1,105 $27,590
2017 $5,617 $26,091 $941 $25,150
2016 $5,226 $26,091 $941 $25,150
2015 $4,781 $26,091 $941 $25,150
2014 $4,111 $22,159 $737 $21,422
2013 $4,030 $22,159 $737 $21,422
Source: Public Records

Agents Affiliated with this Home

  • Val Laborevitch

    Seller's Agent in 2023

    Val Laborevitch

    Realhome Services & Solutions, Inc.

    (847) 830-1129

    2 in this area

    672 Total Sales

    Val Laborevitch
    Section Image
  • Jenny Derrickson

    Buyer's Agent in 2023

    Jenny Derrickson

    Compass

    (312) 465-3170

    4 in this area

    55 Total Sales

    Jenny Derrickson
    Section Image
  • Michael Kelly

    Buyer Co-Listing Agent in 2023

    Michael Kelly

    Compass

    (773) 715-3826

    5 in this area

    108 Total Sales

    Michael Kelly
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11716099

Midwest Real Estate Data (MRED)

APN: 17-10-132-037-1467

Illinois Cook County Chicago 60611 River North

405 N Wabash Ave Unit 3308, Chicago, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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