405 North Wabash #2612, Chicago IL 60611
$230,000

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Property Description

Calling all savvy investors looking for a solid investment. Here's an opportunity to own a rental property with term tenant. The current lease ends January 31st 2026. Stunning studio with wrapped around windows offering panoramic views of Chicago Wrigley Clark Tower, Tribune and Chicago River. Great floorplan creates separate bedroom area with a wall mounted Murphy bed and ample closet space. Assessments include heat, air, water, cable & internet. The building offers 24 hour door staff, on-site management & maintenance, fitness center, indoor pool, hot tub, sundeck with city views, secure bike storage, package receiving service, on-site dining, dry cleaning, and laundry facilities. HVAC installation completed and paid in full by seller . The building has strong reserves. Located steps away from the River Walk and the city's most desirable shopping and restaurants. Amazing location!

Features & Information

Key Details

  • List Price $230,000
  • Property Taxes 3579
  • Unit Floor Level 26
  • Square Feet 545
  • Price/ Sq. Ft. $422.02
  • Year Built 1977
  • Parking Type None
  • Status Contingent

Rooms

  • Total Rooms 3
  • Master Bedroom

  • Master Bath N
  • Living Room

  • Room Size 12X21
  • Floor Level Main Level
  • Flooring Carpet
  • Dining Room

  • Room Size COMBO
  • Floor Level Main Level
  • Kitchen

  • Room Size 7X10
  • Floor Level Main Level
  • Flooring Ceramic Tile

Interior Features

  • Heating & Cooling

  • Heating Type Forced Air

Exterior Features

  • Parking

  • Parking None
  • # of Cars 0

Building Information

  • Number of Units 678
  • Age of Building 41-50 Years
  • Exterior Construction Concrete
  • Common Area Amenities Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Indoors, Receiving Room, Restaurant, Valet/Cleaner, Whirlpool, Business Center
  • Exposure N (North),S (South),E (East)
  • Pets

  • Pets Allowed? N

Location

  • County Cook
  • Township North Chicago
  • Corporate Limits Chicago
  • Directions to Property Ohio To Wabash Or Wacker To Wabash
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 3579
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 17101320371377

Utilities

  • Sewer Sewer-Publ

Listed by Anita Nosek for Chicagoland Brokers, Inc. | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/3/2025 1:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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