1111 South Wabash #2805, Chicago IL 60605
$430,000

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Property Description

**Spacious and Versatile 2 Bed, 2 Bath in Prime South Loop Location** Discover this oversized 2-bedroom, 2-bathroom condo with nearly **1,500 sq. ft.** of thoughtfully designed living space in one of the South Loop's most sought-after full-amenity buildings! The open-concept layout includes a **separate dining area/office space** that many owners have converted into a **third bedroom** for added flexibility. Both bedrooms feature **generous walk-in closets**, and the **modern kitchen** boasts all newer appliances, including an **in-unit washer and dryer** for ultimate convenience. The building is extremely well-managed, with over **$2M in reserves** and a rental cap at 20% (currently met) - but it allows for a **1-year hardship rental** with no questions asked. An **indoor heated parking spot** is available right next to the elevator for an additional **$25K**. Conveniently located near dining, shopping, and public transit, this home is priced to sell and ready for a **June 1st closing**. Don't miss this incredible opportunity!

Features & Information

Key Details

  • List Price $430,000
  • Property Taxes 10747.54
  • Unit Floor Level 28
  • Square Feet 1498
  • Price/ Sq. Ft. $287.05
  • Year Built 2005
  • Parking Type Garage
  • Status Contingent

Rooms

  • Total Rooms 5
  • Master Bedroom

  • Master Bath F
  • Room Size 19X14
  • Bedroom 2

  • Room Size 14X12
  • Floor Level Main Level
  • Flooring Carpet
  • Living Room

  • Room Size 18X16
  • Floor Level Main Level
  • Dining Room

  • Room Size 12X12
  • Floor Level Main Level
  • Kitchen

  • Room Size 12X10
  • Floor Level Main Level

Interior Features

  • Heating & Cooling

  • Heating Type Forced Air, Hot Water/Steam

Exterior Features

  • Parking

  • Parking Garage
  • # of Cars 1

Building Information

  • Number of Units 247
  • Age of Building 16-20 Years
  • Exterior Construction Concrete
  • Common Area Amenities Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Outdoors, Receiving Room, Service Elevator, Valet/Cleaner, Business Center
  • Exposure S (South),E (East),City,Lake/Water
  • Pets

  • Pets Allowed? Y
  • Pet Types Cats OK,Dogs OK

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property Roosevelt To Wabash Go North To First High-rise On The Right, Loading Zone Out Front.
  • Schools

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

  • Tax 10747.54
  • Tax Year 2023
  • Parcel Identification Number 17153090391221

Utilities

  • Sewer Sewer-Publ

Listed by Timothy Rhoten for Red Carpet Investment Group In | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/22/2025 12:02 PM. 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.

Explore The Loop

As Chicago's hub for finance, transportation, government, retail, tourism and culture, the Loop is the city center and the point from which all other destinations in Chicago are measured. The city's most recognizable landmark (the Sears Tower) is located in this section of town, as is the Art Institute of Chicago and the Chicago Board of Trade. Despite its density and towering skyscrapers, Loop residents have plenty of open air and outdoor space at Millennium Park. Occupying a nearly 25-acre plot of land, the park is a great spot to stroll through gardens, have a picnic on the grass, see live concerts and enjoy a breathtaking view of the city skyline. Heading back into the midst of high-rises and busy avenues, the Loop boasts the best theater district and the second best shopping scene (it's hard to beat the Magnificent Mile) in Chicago. The dining options are nothing to scoff at either with coffee shops and delis on almost every corner and an impressive roster of acclaimed restaurants to its name. The Loop is where the energy of downtown excitement merges with the spirit of urban living. Not just a commuter spot for Chicago workers anymore, the Loop is a bona fide residential neighborhood with thousands of condos and lofts mixed in among the office buildings and hotels.

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