440 N Wabash Ave. #2609, Chicago, IL 60611

440 N Wabash Ave. #2609, Chicago, IL 60611
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$405,000
Sold on 12/18/20
Beds Baths Sq. Ft. Taxes Built
2 2.00 1,118 $6,990.94 1992
On the market: 60 days
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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.
Listing courtesy of Anthony DaSaro, RE/MAX FUTURE