405 N Wabash Avenue #314
Chicago, IL, 60611
$225,000
1 Beds
1 Baths
890 SqFt
0 Acres
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$225,000
405 N Wabash Avenue #314
Chicago, IL, 60611
MLS #MRD12458546 image #0MLS #MRD12458546 image #1MLS #MRD12458546 image #2MLS #MRD12458546 image #3MLS #MRD12458546 image #4MLS #MRD12458546 image #5MLS #MRD12458546 image #6MLS #MRD12458546 image #7MLS #MRD12458546 image #8MLS #MRD12458546 image #9MLS #MRD12458546 image #10MLS #MRD12458546 image #11MLS #MRD12458546 image #12MLS #MRD12458546 image #13MLS #MRD12458546 image #14MLS #MRD12458546 image #15MLS #MRD12458546 image #16MLS #MRD12458546 image #17MLS #MRD12458546 image #18MLS #MRD12458546 image #19MLS #MRD12458546 image #20MLS #MRD12458546 image #21MLS #MRD12458546 image #22MLS #MRD12458546 image #23MLS #MRD12458546 image #24MLS #MRD12458546 image #25
Investment Opportunity or Start Home in the Heart of River North! Located at 405 N. Wabash Ave, this one-bedroom condo in the desirable River Plaza building offers an incredible opportunity for a savvy investor or a first-time buyer ready to create their dream home. This spacious 890 square foot unit is being sold as-is, providing a blank canvas for your vision. The living and bedroom have carpeting, while the open kitchen has vinyl tile, white appliances, and a mirrored backsplash. The bathroom includes ceramic tiles and tan tiles around the tub, with a large vanity and mirror. The bedroom is generous in size and has a walk in closet. Great Building Amenities & Prime Location: River Plaza is a full amenity building that makes city living enjoyable: -24 hour door staff -On-site management and maintenance -24 hour fitness room -Indoor pool and hot tub -Outdoor sundeck -Package room -Hospitality room -On-site laundry with app feature Monthly HOA fees cover heat, air, water, cable, internet, and trash. The building financials are $1.7 million in reserves and is 62% owner-occupied. For investors, this building has no rental cap or restrictions, only requiring a one year minimum lease. Located steps from the Chicago River, Wrigley Building, Magnificent Mile, and some of the city’s best dining and entertainment, this unit offers the best of city living. Don’t miss out on this amazing opportunity.

Property Details

Price:
$225,000
MLS #:
MRD12458546
Status:
Active Under Contract
Beds:
1
Baths:
1
Type:
Condo
Neighborhood:
chinearnorthside
Listed Date:
Aug 29, 2025
Finished Sq Ft:
890
Year Built:
1978
Chi – Near North SideChinearnorthside

Schools

School District:
299

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Wine Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Forced Air
Laundry Features
Common Area

Exterior

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, Restaurant, Security Door Lock(s), Laundry
Construction Materials
Concrete
Parking Features
Circular Driveway, Yes, Deeded, Attached, Garage

Financial

HOA Fee
$714
HOA Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet
Tax Year
2024
Taxes
$3,479
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Condo in Chicago as of Mar 01, 2026
2,975
Condo Listed
65
Avg DOM
375
Avg $ / SqFt
$640,137
Avg List Price

Community

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Property Summary

    405 N Wabash Avenue #314 Chicago IL is a Condo for sale in Chicago, IL, 60611. It is listed for $225,000 and features 1 beds, 1 baths, and has approximately 890 square feet of living space, and was originally constructed in 1978. The current price per square foot is $253. The average price per square foot for Condo listings in Chicago is $375. The average listing price for Condo in Chicago is $640,137. To schedule a showing of MLS#mrd12458546 at 405 N Wabash Avenue #314 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
405 N Wabash Avenue #314
Chicago, IL