$294,000
SOLD AUG 4, 2025

405 N Wabash Ave Unit 4605 Chicago, IL 60611

River North Neighborhood
1 Bed
1 Bath
765 Sq Ft
$894/mo HOA Fee

Recently Sold

$384 Per Sq Ft

5% Below List Price

31 Days on Market

Highlights

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

About This Home

As of August 2025

This 1-bedroom, 1-bathroom condominium offers you a prime location in the heart of River North and boasts breathtaking views of the Chicago River. Relax in your spacious condo featuring wood floors throughout. The living room has a bay window so you can enjoy the splendid views that are right outside your window. The renovated kitchen is a chef's dream with an open layout design, stainless-steel appliances, tile backsplash and stunning quartz countertops. Enjoy prepping meals in this nice kitchen. The renovated bathroom features a stand-alone shower and a vanity sink, perfect for unwinding after a long day. This condominium is perfect for those seeking city living. Immerse yourself in the energy of River North with its trendy restaurants, upscale shops, and exciting nightlife, all just minutes away. Don't miss this opportunity to live in the Chicago dream! The River Plaza building is a full amenity building that offers 24-hour door staff, evening security, and on-site management and maintenance. Located on level P3 of the building you will find the 24-hour fitness room, along with a year-round indoor swimming pool & hot tub. The building also has a package room and hospitality room all located on level P3 of the building. This building also has a shared common laundry room that is located on level G1 of the building. The owner-occupancy of the building is at 63% and about 4 million in reserves. There are no rental caps or rental restrictions in the building. The monthly HOA fees include heat, air, water, cable, and internet. This is in addition to access to the building amenities, door staff, maintenance, scavenger, and more.

Last Agent to Sell the Property

Haroon Khan

Streeterville Realty, LLC License #475152943 Listed on: 05/23/2025

Co-Listed By

Anthony Garcia

Streeterville Realty, LLC License #475166708

Last Buyer's Agent

Jonathan Chvala

Redfin Corporation License #475211814

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,992

Year Built

  • Built in 1978 | Remodeled in 2022

HOA Fees

  • $894 Monthly HOA Fees

Parking

  • Circular Driveway

Interior Spaces

  • 765 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
  • 678 Units
  • Jaime Sartin Association, Phone Number (312) 644-3300
  • River Plaza Subdivision
  • Property managed by Community Specialist
  • 51-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Package Room

Recreation

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

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,992

Year Built

Built in 1978 | Remodeled in 2022

Lot Details

0

HOA Fees

$894 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 46
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: River Plaza
  • 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): Yes
  • Rehab Year: 2022
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 51
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 765
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Stories Total: 51
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Other
  • List Price: 299900
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit, Size Limit
  • Association Fee: 894
  • 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, Valet/Cleaner, Spa/Hot Tub, Laundry, High Speed Conn.
  • 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, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 5992
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Nov 10, 2021
Sold by
Swain Michael E and The Michael E Swain Trust
Bought by
Kazi Raahim
Seller's Agent
James Faircloth
@properties Christie's International Real Estate
Buyer's Agent
Sikandar Kazi
Baird & Warner
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$184,000
Outstanding Balance
$169,311
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$129,253

Purchase Details

Closed on
Jul 21, 2010
Sold by
Swain Michael E
Bought by
Swain Michael E and Michael E Swain Declaration Of Trust

Purchase Details

Closed on
Nov 23, 2005
Sold by
Swain Jasmina
Bought by
Swain Michael E

Purchase Details

Closed on
Dec 11, 1996
Sold by
Lasalle National Trust Na
Bought by
Swain Michael E and Swain Nubia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.54%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $230,000 Chicago Title
Interfamily Deed Transfer -- Cti
Quit Claim Deed -- Git
Joint Tenancy Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,000 New Conventional
Previous Owner $187,500 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $92,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Sold $294,000 -2.0% $384 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $299,900 -3.3% $392 / Sq Ft
05/23/2025 05/23/25 For Sale $310,000 +34.8% $405 / Sq Ft
11/10/2021 11/10/21 Sold $230,000 -4.1% $303 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $239,900 -- $316 / 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 $5,992 $31,479 $1,858 $29,621
2023 $5,819 $31,713 $1,498 $30,215
2022 $5,819 $31,713 $1,498 $30,215
2021 $6,377 $31,713 $1,498 $30,215
2020 $6,156 $27,632 $1,155 $26,477
2019 $6,027 $29,999 $1,155 $28,844
2018 $5,926 $29,999 $1,155 $28,844
2017 $5,872 $27,277 $984 $26,293
2016 $5,463 $27,277 $984 $26,293
2015 $4,998 $27,277 $984 $26,293
2014 $4,298 $23,166 $770 $22,396
2013 $4,213 $23,166 $770 $22,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12373645

Midwest Real Estate Data (MRED)

APN: 17-10-132-037-1616