$405,000
$425,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
440 N Wabash AVE #2609 Chicago, IL 60611
2 Beds
2 Baths
1,118 SqFt
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
Rental Info Yes
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
Area Chi - Near North Side
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
Amenities Available 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
Building
Story 50
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
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
Pets Allowed Cats OK, Dogs OK
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Chih-Hao Yang • Prospect Equities Real Estate