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440 N Wabash Avenue #2609 Chicago, IL 60611
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Key Details
Sold Price $405,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,118 sqft
Price per Sqft $362
Subdivision Plaza 440 Private Residences
MLS Listing ID 10910912
Sold Date 12/18/20
Bedrooms 2
Full Baths 2
HOA Fees $699/mo
Year Built 1992
Annual Tax Amount $6,990
Tax Year 2019
Lot Dimensions COMMON
Property Description
Attention investors - purchase a fully remodeled unit at a discount with qualified tenants in place at $2800/month until 2022. Buy with an estimated $50k of built-in equity. This unit has appreciated approximately 9% per year for the past 8 years, and has all the essential elements for appreciation to continue- a large layout, 2-beds 2-baths, in a building with full amenities, centrally located, with views of Lake Michigan and the Chicago River. On-site building maintenance makes managing this investment easy from out-of-state. Condo association reserves are over $2.9 million. No rental restrictions. Deeded parking space in attached heated garage available for an additional $20k.
Location
State IL
County Cook
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Central Air
Fireplace N
Appliance Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Laundry In Unit
Exterior
Parking Features Attached
Garage Spaces 1.0
Community Features 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, Sauna, Security Door Lock(s), Service Elevator(s), Valet/Cleaner, Spa/Hot Tub, Business Center
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Pets Allowed Cats OK, Dogs OK
HOA Fee Include Heat,Air Conditioning,Water,Parking,Insurance,Security,Doorman,Exercise Facilities,Pool,Exterior Maintenance,Scavenger,Snow Removal
Ownership Condo
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Chih-Hao Yang • Prospect Equities Real Estate