$244,000
SOLD SEP 3, 2025

405 N Wabash Ave Unit 506 Chicago, IL 60611

River North Neighborhood
-- Bed
1 Bath
665 Sq Ft
$449/mo HOA Fee

Recently Sold

$367 Per Sq Ft

6% Below List Price

25 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 September 2025

Rarely available, fully renovated Southwest corner studio with panoramic river views. This spacious, 665 sq ft studio, a rarely available Southwest corner tier offering panoramic Chicago River views. Be the first to enjoy this fully renovated unit, featuring wood floors throughout. The welcoming foyer provides ample closet space. The stunning kitchen has windows, which is a unique feature for this tier. It also has stainless steel appliances, quartz countertops, and shaker-style cabinetry with chrome finishes. The redesigned bathroom offers a sleek standalone shower and new tiling throughout. The expansive living/bedroom area is bathed in natural light and provides spectacular views of the Chicago River and beyond. Assessments: Your assessments cover heat, AC, water, garbage, basic cable, and internet! River Plaza: A full amenity building that offers: 24-hour door staff, on-site management & maintenance, and evening security for your peace of mind. Amenities include an indoor pool, hot tub, fitness center, sun deck and more. Financially sound building with about 1.7 million in reserves. Investor-friendly with no rental caps or restrictions. (1 year lease) Don't miss this opportunity to own in River Plaza!

Last Agent to Sell the Property

Haroon Khan

Streeterville Realty, LLC License #475152943 Listed on: 07/14/2025

Co-Listed By

Anthony Garcia

Streeterville Realty, LLC License #475166708

Last Buyer's Agent

Mo Dadkhah

Fulton Grace Realty License #475119960

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,957

Year Built

  • Built in 1977 | Remodeled in 2025

HOA Fees

  • $449 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Entry on the 5th floor
  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 665 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Water Views
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Utilities

  • Central Air
  • Heating System Uses Steam

Community Details

Overview

  • Association fees include heat, air conditioning, water, 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
  • Community Spa
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,957

Year Built

Built in 1977 | Remodeled in 2025

Lot Details

0

HOA Fees

$449 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Studio
  • Ownership: Condo
  • EntryLevel: 5
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Studio
  • Year Built: 1977
  • 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): Yes
  • Rehab Year: 2025
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 51
  • Year Renovated: 2025

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 665
  • Room Type: No additional rooms
  • Stories Total: 51
  • Estimated Total Finished Sq Ft: 0
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Concrete
  • List Price: 259000
  • View: Water
  • Waterfront: No

Garage/Parking

  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 449
  • 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, Spa/Hot Tub, Business Center, Laundry
  • 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, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 2956.79
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2025
Closed on
Aug 15, 2025
Sold by
Land Trust Company and Trust Number 32258
Bought by
Hart Derek and Hart Jennifer
Seller's Agent
Haroon Khan
Streeterville Realty, LLC
Buyer's Agent
Mo Dadkhah
Fulton Grace Realty
List Price
$259,000
Sold Price
$244,000
Premium/Discount to List
-$15,000
-5.79%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
240.47%

Purchase Details

Closed on
Jun 13, 2007
Sold by
Lane Donald
Bought by
Park National Bank and Trust #32258

Purchase Details

Closed on
Jan 2, 2002
Sold by
Cosentino Paul A
Bought by
Lane Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7%

Purchase Details

Closed on
Aug 26, 1994
Sold by
Lasalle National Trust Na
Bought by
Cosentino Paul A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $244,000 Chicago Title
Quit Claim Deed -- None Available
Warranty Deed $102,000 Chicago Title Insurance Co
Trustee Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $97,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Sold $244,000 -5.8% $367 / Sq Ft
08/08/2025 08/08/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $259,000 -- $389 / 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 $2,957 $14,352 $847 $13,505
2023 $2,882 $14,015 $683 $13,332
2022 $2,882 $14,015 $683 $13,332
2021 $2,818 $14,014 $683 $13,331
2020 $2,806 $12,598 $527 $12,071
2019 $2,748 $13,678 $527 $13,151
2018 $2,702 $13,678 $527 $13,151
2017 $2,677 $12,436 $448 $11,988
2016 $2,491 $12,436 $448 $11,988
2015 $2,279 $12,436 $448 $11,988
2014 $1,960 $10,562 $351 $10,211
2013 $1,921 $10,562 $351 $10,211
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12413383

Midwest Real Estate Data (MRED)

APN: 17-10-132-037-1066