Condo / High-rise home in Chicago, IL
This 923-square-foot Condo condo in Chicago, IL includes 1 bedroom and 2 bathrooms. The listing highlights hardwood floors.
| Price | $625,000 |
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| Beds | 1 |
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| Baths | 2 |
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| Sqft | 923 |
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| Architectural style | Condo / High-rise (99% match) |
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| Address | 401 N Wabash Avenue Unit 68B, Chicago, IL 60611 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: hardwood floors.
- Includes a real agent video tour.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $625K, this home is 69% above the $369K median for 3747 similar Condo / High-rise homes in Chicago, IL.
- That works out to $677 per square foot, 114% above the $316 comparable rate.
- On the market 25 days.
| This home | $625,000 |
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| Condo / High-rise median in Chicago, IL | $369,000 (3747 homes) |
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| Price per sq ft | $677 vs. $316 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,739/month with 20% down at a 7.28% 30-year fixed rate. You would need about $203,090 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,421/mo |
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| Property tax (new-buyer reassessed rate) | $1,083/mo |
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| Homeowners insurance | $234/mo |
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| Total monthly | $4,739/mo |
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| Down payment (20%) | $125,000 |
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| Income needed | $203,090/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home F (10 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | F (10/100) |
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| Beats renting in | 0% of modeled paths |
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| Modeled 5-yr equity (median) | $114,469 |
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| Range (10th to 90th pct) | $22,209 to $224,947 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Chicago, IL where local data is thin.
Local home values
Typical home values in Chicago, IL have risen about 27% over the past 5 years (+5% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
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