NOT LISTED FOR SALE

405 N Wabash Ave Unit 4604 Chicago, IL 60611

River North Neighborhood

Estimated Value: $455,000 - $478,000

2 Beds
2 Baths
1,250 Sq Ft
$1,346/mo HOA Fee

Last Sold June 03, 2024

Last sale price $450,000 $360 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,776/month

26 Days on Market

Highlights

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

About This Home

As of June 2024

The open floor plan features a spacious living room and dining area, perfect for entertaining. In addition to enjoying the great views of the Chicago River, the downtown skyline, and sunsets. The kitchen has been completely updated with new stainless steel appliances, quartz countertops, cabinetry, sink, and hardware. The two bedrooms are both spacious and bright and have plenty of closet space. The primary bedroom has its own private bathroom. The second bathroom was also upgraded. This unit also features panoramic views, and in-unit laundry which is a rare feature for the building, and also has wood floors throughout the unit. The building is over 60% owner-occupied and there are no rental caps or restrictions should you choose to rent out the property. The lease requirement is a 1-year min. Building reserves are currently over 5 million dollars. The HOA will cover heat, air, water, cable, internet, and access to the building amenities. The River Plaza building offers 24-hour door staff, on-site management & maintenance, 24 24-hour fitness room, an indoor pool & hot tub, a sun deck, a package room, a hospitality room, and on-site laundry. The building is located in the heart of River North, close to all of the best restaurants, shops, and entertainment.

Last Agent to Sell the Property

Haroon Khan

Streeterville Realty, LLC License #475152943 Listed on: 04/04/2024

Co-Listed By

Anthony Garcia

Streeterville Realty, LLC License #475166708

Last Buyer's Agent

Anthony Garcia

Streeterville Realty, LLC License #475166708

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,618

Year Built

  • Built in 1978

Lot Details

  • 1.16

HOA Fees

  • $1,346 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • Combination Dining and Living Room
  • Water Views
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water
  • High Speed Internet

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

Amenities

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

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Cats Allowed
  • Breed Restrictions

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,618

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,346 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 46
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 51

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1250
  • Room Type: No additional rooms
  • Stories Total: 51
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 460000
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Driveway: Concrete
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Neutered and/or Declawed Only, Number Limit
  • Association Fee: 1346
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Business Center, High Speed Conn., Water View
  • 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
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 10618
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 24, 2024
Sold by
Cummings Brad
Bought by
Gugel Craig
Seller's Agent
Haroon Khan
Streeterville Realty, LLC
Buyer's Agent
Anthony Garcia
Streeterville Realty, LLC
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%
Views
26
Current Estimated Value
$466,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,446
Avg. Annual Appreciation
3.10%

Purchase Details

Listed on
Mar 6, 2021
Closed on
Mar 10, 2021
Sold by
Levy Deborah G and Deborah G Levy Family Trust
Bought by
Cummings Brad
Seller's Agent
Haroon Khan
Streeterville Realty, LLC
Buyer's Agent
Lisa Rudisel
Compass
List Price
$469,000
Sold Price
$385,000
Premium/Discount to List
-$84,000
-17.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Nov 27, 2019
Sold by
Levy Debby G and Levy Deborah G
Bought by
Levy Deborah G and Deborah G Levy Family Trust Of 3543

Purchase Details

Closed on
Apr 19, 2001
Sold by
Waterton River Plaza Llc
Bought by
Levy Debby G

Purchase Details

Closed on
Dec 13, 2000
Sold by
Waterton River Plaza Llc
Bought by
Levy Debby G

Purchase Details

Closed on
Aug 31, 2000
Sold by
Iorgulescu Lionel and Iorgulescu Sharon
Bought by
Levy Debby G

Purchase Details

Closed on
Jun 27, 1996
Sold by
Lasalle National Trust Na
Bought by
Iorgulescu Lionel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.43%
Source: Public Records

Range of Values:

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Average Value
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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
Gugel Craig $450,000 None Listed On Document
Cummings Brad $385,000 Proper Title
Levy Deborah G -- None Available
Levy Debby G $44,500 --
Levy Debby G $37,500 --
Levy Debby G $307,500 First American Title
Iorgulescu Lionel $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iorgulescu Lionel $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $450,000 -2.2% $360 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $460,000 +2.2% $368 / Sq Ft
04/15/2024 04/15/24 Off Market $450,000 -- --
04/04/2024 04/04/24 For Sale $460,000 +19.5% $368 / Sq Ft
03/12/2021 03/12/21 Sold $385,000 -17.9% $308 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $469,000 -- $375 / Sq Ft
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 $10,892 $50,844 $3,001 $47,843
2023 $10,618 $51,625 $2,420 $49,205
2022 $10,618 $51,625 $2,420 $49,205
2021 $10,381 $51,625 $2,420 $49,205
2020 $9,943 $44,632 $1,867 $42,765
2019 $9,735 $48,455 $1,867 $46,588
2018 $9,572 $48,455 $1,867 $46,588
2017 $9,484 $44,058 $1,590 $42,468
2016 $8,324 $44,058 $1,590 $42,468
2015 $7,593 $44,058 $1,590 $42,468
2014 $6,466 $37,418 $1,244 $36,174
2013 $6,327 $37,418 $1,244 $36,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12020037

Midwest Real Estate Data (MRED)

APN: 17-10-132-037-1615