NOT LISTED FOR SALE

405 N Wabash Ave Unit 411 Chicago, IL 60611

River North Neighborhood

Estimated Value: $322,000 - $430,000

2 Beds
1 Bath
950 Sq Ft
$380/Sq Ft Est. Value

Highlights

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

About This Home

As of March 2022

Sunny south-facing 2 bedroom, 1 bath condo in the heart of downtown Chicago. Stunning river and city views make this a perfect unit for first time home buyers and ideal as an in-towner. Desirably located along the Chicago river, River Plaza is just close to Michigan Avenue, the iconic Wrigley building, the river walk, premier shopping and some of the best restaurants in the city of Chicago. River Plaza's phenomenal location is complimented with top-of-the-line amenities including 24-hour door staff, building engineer, on-site management, indoor pool, outdoor sundeck, extensive exercise gym, party room, receiving room and much more. Rent includes high-speed internet, upgrade cable, heat, a/c except electric.

Last Agent to Rent the Property

Aelee Han

Berkshire Hathaway HomeServices Chicago License #475126475 Listed on: 03/02/2022

Berkshire Hathaway HomeServices Chicago

Last Renter's Agent

Mark Buckner

Compass License #475154865

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,846

Year Built

  • Built in 1974

Lot Details

  • 1.16

Parking

  • Attached Garage

Home Design

  • Property Attached

Interior Spaces

  • 950 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $2,100
  • Property Available on 4/1/22
  • Rent includes cable TV, heat, water, pool, scavenger, security, doorman, exterior maintenance, lawn care, storage lockers, snow removal, internet, air conditioning, wi-fi

Community Details

Overview

  • 697 Units
  • Andrew Association, Phone Number (312) 644-3300
  • High-Rise Condominium
  • River Plaza Subdivision
  • Property managed by Community Specialists
  • 51-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Restaurant
  • Business Center
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,846

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Available Date: 2022-04-01
  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2200
  • Security Deposit: 2100
  • Is Parking Included in Price: No

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: High Rise (7+ Stories)
  • Property Sub-Type: Attached
  • Subdivision Name: River Plaza
  • 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: 4
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 51

Interior Features

  • Appliances: Range, Dishwasher
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: No
  • LivingArea: 950
  • Room Type: No additional rooms
  • Stories Total: 51
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 2200
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Number of Cars: 0
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Service Elevator(s), Valet/Cleaner, Spa/Hot Tub, Business Center
  • Rent Includes: Cable TV, Heat, Water, Pool, Scavenger, Security, Doorman, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal, Internet, Air Conditioning, Wi-Fi
  • Management: Manager On-site
  • Management Company: Community Specialists
  • Management Contact Name: Andrew
  • Management Phone: 312-644-3300

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 697

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2017
Sold by
Serpico Louis and Serpico Suzanne
Bought by
Gay Young Cho Living Trust
Current Estimated Value
$360,623

Purchase Details

Closed on
Jan 7, 2002
Sold by
Yanni Raja and Yanni Valerie A
Bought by
Serpico Suzanne and Serpico Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 5, 1997
Sold by
Lasalle National Bank
Bought by
Yanni Raja D and Yanni Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,160
Interest Rate
7.75%
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
Gay Young Cho Living Trust $307,000 None Available
Serpico Suzanne $253,000 Chicago Title Insurance Co
Yanni Raja D $141,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serpico Suzanne $200,000
Previous Owner Yanni Raja D $53,561
Previous Owner Yanni Raja D $113,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Rented $2,200 0.0% --
03/02/2022 03/02/22 For Rent $2,200 +4.8% --
04/23/2021 04/23/21 Rented $2,100 0.0% --
04/08/2021 04/08/21 For Rent $2,100 0.0% --
04/05/2021 04/05/21 Off Market $2,100 -- --
03/01/2021 03/01/21 For Rent $2,100 -6.7% --
02/14/2018 02/14/18 Rented $2,250 0.0% --
01/15/2018 01/15/18 Price Changed $2,250 -6.3% $2 / Sq Ft
10/31/2017 10/31/17 For Rent $2,400 -- --
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 $6,846 $31,776 $1,876 $29,900
2023 $6,674 $32,450 $1,513 $30,937
2022 $6,674 $32,450 $1,513 $30,937
2021 $6,525 $32,449 $1,512 $30,937
2020 $6,213 $27,892 $1,166 $26,726
2019 $6,084 $30,281 $1,166 $29,115
2018 $5,982 $30,281 $1,166 $29,115
2017 $5,927 $27,533 $993 $26,540
2016 $5,515 $27,533 $993 $26,540
2015 $5,045 $27,533 $993 $26,540
2014 $4,339 $23,384 $777 $22,607
2013 $4,253 $23,384 $777 $22,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11336514

Midwest Real Estate Data (MRED)

APN: 17-10-132-037-1056