NOT LISTED FOR SALE

405 N Wabash Ave Unit 5104 Chicago, IL 60611

River North Neighborhood

Estimated Value: $436,000 - $645,000

2 Beds
2 Baths
1,250 Sq Ft
$1,727/mo HOA Fee

Last Sold July 11, 2024

Last sale price $610,000 $488 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,031/month

4 Days on Market

Highlights

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

About This Home

As of July 2024

Presenting this stunning newly rehabbed penthouse two bedroom two bathroom condo at River Plaza. Stunning panoramic views of Chicago's skyline, river and Lake Michigan from the 51st floor. Located in the heart of downtown Chicago. This spacious unit is newly renovated, there's an open kitchen with white shaker cabinets, led under cabinet lights, granite counters with breakfast bar, full marble backsplash, high-end stainless steel appliances. Featuring rare in-unit washer/dryer. Kitchen opens to the living room with a wet bar & additional cabinets. The dining area has a credenza with even more cabinetry. Wrap around windows in the entire living space provide bright natural light, coupled with bird's eye views from all angles. The master suite has a renovated bathroom with walk-in shower, finished with contemporary tiles. The 2nd bedroom is located with direct access to the renovated guest bathroom with walk-in shower. Both bedrooms have overhead recessed lighting and professionally organized closets with automated lights. There are new HVAC systems in the unit, also the building has undergone a major HVAC system upgrade. Throughout the unit there are new wide-plank light wood color flooring, designer lighting, new closets. Assessments include heat, A/C, water, cable, internet (everything except electricity). River Plaza is a full amenity building that offers 24 hour door staff, on-site management & maintenance, evening security, 24 hour fitness room, year round indoor pool & hot tub, sun deck, package room, party room and on-site laundry with app feature. The location is ideal, in the middle of all that the wonderful city of Chicago has to offer for entertainment, dining, shopping, nightlife, riverfront, city parks and more. Amazing unit in a wonderful building with a perfect location.

Last Agent to Sell the Property

Eamonn Stafford

@properties Christie's International Real Estate License #475143722 Listed on: 05/29/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Christine Mei

eXp Realty License #475206689

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,100

Year Renovated

  • 2024

Lot Details

  • 1.16

HOA Fees

  • $1,727 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Leased Parking
  • Driveway

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

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

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

$13,100

Year Renovated

2024

Lot Details

0

HOA Fees

$1,727 per month

Parking

2

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)
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 51
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 51
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit
  • LivingArea: 1250
  • Room Type: No additional rooms
  • Stories Total: 51
  • Estimated Total Finished Sq Ft: 1250
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1250
  • Total Sq Ft: 1250
  • Main Level Sq Ft: 1250
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 599900
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Neutered and/or Declawed Only, Number Limit
  • Association Fee: 1727
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Business Center
  • 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: N

Rental Info

  • Lease Amount: 275
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 13100
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 28, 2024
Sold by
Neha Shahani Revocable Living Trust and Shahani Neha
Bought by
Molina Nathan
Seller's Agent
Eamonn Stafford
@properties Christie's International Real Estate
Buyer's Agent
Christine Mei
eXp Realty
List Price
$599,900
Sold Price
$610,000
Premium/Discount to List
$10,100
1.68%
Views
13
Current Estimated Value
$588,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,392
Avg. Annual Appreciation
-3.11%
Original Mortgage
$579,500
Outstanding Balance
$573,759
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$14,849

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 15, 2023
Sold by
Olson Lance and Beith-Olson Laura
Bought by
Malkani Neha Shahani
Seller's Agent
Haroon Khan
Streeterville Realty, LLC
Buyer's Agent
Eamonn Stafford
@properties Christie's International Real Estate
List Price
$459,000
Sold Price
$410,000
Premium/Discount to List
-$49,000
-10.68%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.35%

Purchase Details

Listed on
Aug 23, 2013
Closed on
Nov 20, 2013
Sold by
Kreder Karl J
Bought by
Olson Lance and Beith Olson Laura
Seller's Agent
Haroon Khan
Streeterville Realty, LLC
Buyer's Agent
Haroon Khan
Streeterville Realty, LLC
List Price
$425,000
Sold Price
$388,000
Premium/Discount to List
-$37,000
-8.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.56%
Original Mortgage
$275,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2004
Sold by
Greenspon Steve
Bought by
Kreder Karl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
5.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2001
Sold by
Wabash Investments Llc
Bought by
Greenspan Steve

Purchase Details

Closed on
Jul 5, 2000
Sold by
Greenspon Steven B
Bought by
Wabash Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,100
Interest Rate
8.56%

Purchase Details

Closed on
Jun 15, 2000
Sold by
Clodfelter Bradley and Clodfelter Karen L
Bought by
Greenspon Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,100
Interest Rate
8.56%

Purchase Details

Closed on
Dec 10, 1997
Sold by
Lasalle National Bank
Bought by
Clodfelter Bradley and Clodfelter Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
7.26%
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 Buyer Sale Price Title Company
Molina Nathan $610,000 Proper Title
Malkani Neha Shahani $410,000 Chicago Title
Olson Lance $388,000 First American Title Ins Co
Kreder Karl J $386,500 Chicago Title Insurance Comp
Greenspan Steve -- Chicago Title Insurance Co
Wabash Investments Llc -- --
Greenspon Steven $293,000 --
Clodfelter Bradley $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Nathan $579,500
Previous Owner Beith Olson Laura $900,000
Previous Owner Olson Lance $275,000
Previous Owner Kreder Karl J $309,000
Previous Owner Greenspon Steve $405,000
Previous Owner Greenspon Steven B $175,000
Previous Owner Greenspon Steven $205,100
Previous Owner Clodfelter Bradley $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $610,000 +1.7% $488 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $599,900 +46.3% $480 / Sq Ft
09/25/2023 09/25/23 Sold $410,000 -10.7% $328 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $459,000 +18.3% $367 / Sq Ft
12/03/2013 12/03/13 Sold $388,000 -8.7% $294 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
08/23/2013 08/23/13 For Sale $425,000 -- $322 / 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 $13,460 $66,104 $3,902 $62,202
2023 $13,100 $67,114 $3,147 $63,967
2022 $13,100 $67,114 $3,147 $63,967
2021 $12,826 $67,112 $3,146 $63,966
2020 $12,235 $58,026 $2,427 $55,599
2019 $11,968 $62,997 $2,427 $60,570
2018 $11,765 $62,997 $2,427 $60,570
2017 $11,604 $57,280 $2,067 $55,213
2016 $10,972 $57,280 $2,067 $55,213
2015 $10,016 $57,280 $2,067 $55,213
2014 $8,549 $48,648 $1,618 $47,030
2013 $8,848 $48,648 $1,618 $47,030
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12068848

Midwest Real Estate Data (MRED)

APN: 17-10-132-037-1691