405 N WABASH Avenue #2511
Chicago, IL, 60611
$438,900
2 Beds
1 Baths
950 SqFt
0 Acres
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$438,900
405 N WABASH Avenue #2511
Chicago, IL, 60611
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VIEWS, LOCATION & FINISHES! This unit has it all!! Brand New Remodel. Modern kitchen with new stainless-steel appliances, ample cabinet storage, breakfast/seating area with Vien Matching Quartz Waterfall and full height matching backsplash. The Bathroom is just AMAZING. You have to see it to appreciate it. This Sun-Drenched Southeast Corner Condo showcases the most iconic views of Chicago. Enjoy Views of Chicago’s Famous Architectural Buildings along with the Chicago River from every window. Did I mention there are 14 windows in this unit. This Split 2-bedroom Unit features views of the Wrigley Clock tower, London Guarantee, Crain’s Communication building, the Accident Building, the Hotel Intercontinental just to name a few. A private Circle Driveway provides stress-free entry while being just steps away from Michigan Ave right in the heart of River North. With the theatre district and restaurants within walking distance the location could not get better. The Unit offers ample closet space, tasteful finishes and tons of natural sun light. As you enter the home your eyes are drawn to the view. Double French Doors showcase the Master Bedroom and provide elegance along with privacy. The Master bedroom offers his and her closets and boast views of the south and Chicago River. Enjoy the sunrise from the guest bedroom as you enjoy the sunrise every morning with its Eastern view. The living room, with its 8 large windows, lets you enjoy both South & East views along with the Wrigley clock being Displayed directly in your window. Multiple buildings light up with a beautiful LED color display throughout the year. Truly a unique view that will immerse you right into the center of Chicago. Parking is available for an additional cost. River Plaza is a full amenity building that offers a lot to its Homeowners. The building has twenty-four-hour door staff along with on-site management & maintenance. Assessments include heat, air, water, cable & hi-speed internet. Amenities included and offered by the building – 24-hour door staff, on-site management & 24-hour maintenance, 24-hour 3000+sqft plus fitness center with newer Lifetime Fitness equipment, a 20-meter 4 lap heated indoor pool open yearlong, hot tub, sun deck, hospitality room, package room and on-site laundry with smart app. Wi-Fi in all common areas. Owner Occupancy is 64% and reserves are just over $3 million. There is no rental cap, min 1 year lease per association rules. River Plaza is located in the mix of everything. You are walking distances away from the Chicago River, Mag Mile, Downtown, Great Dining, Night life and so much more. ****BONUS OPTIONS**** Purchase 2511 & 2512. Plan now for the Future. Buy your retirement home now and let the rent pay for itself until you are ready to use it. Let’s Plan for the future with the most secure asset to invest in REAL ESTATE. In the future you can use either unit depending on how much space you need while you continue to collect rent from the other unit. The Jr. 1 Bedroom is a great option for an In Town Unit for you and family to enjoy. You also have the option to use the 2-bedroom if more space is needed. Want to keep family and friends close. You can live in the 2 bedroom and keep the Jr. 1 bedroom right next door as a Guest Suite for family and friends. The ultimate option would be to combine both units to make a 1500+ sq ft 3 bedroom+ unit with Washer Dryer. ** Unique Home/Investment/In-Town Flex space option. Live in 1 unit and collect rent from the other to cover your bills. Let the monthly rent from 2512 pay your monthly Assessments and taxes. Great Stable building to hold long term. Enjoy an In-town or primary with a bonus investment property, guest suite, in-law suite or future expansion option. Too many options. RARE to find 2 units next to each other.

Property Details

Price:
$438,900
MLS #:
MRD12000344
Status:
Active Under Contract
Beds:
2
Baths:
1
Address:
405 N WABASH Avenue #2511
Type:
Condo
Subdivision:
River Plaza
City:
Chicago
Listed Date:
Mar 9, 2024
State:
IL
Finished Sq Ft:
950
ZIP:
60611
Year Built:
1977

Schools

School District:
299

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Front Controls on Range/ Cooktop, Electric Oven
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Forced Air
Laundry Features
In Unit

Exterior

Financial

Buyer Agent Compensation
2.5%-$350Net Sale Price
HOA Fee
$959
HOA Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Tax Year
2022
Taxes
$7,433
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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405 N WABASH Avenue #2511
Chicago, IL