Seller's Agent in 2025
Alexander Caras
Magellan Marketing Group LLC
(312) 521-9524
6 in this area
81 Total Sales
The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 1002 Floor 10 Chicago, IL 60611
Streeterville Neighborhood
1
Bed
1.5
Baths
1,068
Sq Ft
$916/mo
HOA Fee
Highlights
- Doorman
- Deck
- Wine Refrigerator
- Fitness Center
- Wood Flooring
- Community Pool
About This Home
As of August 2025Rarely available move-in ready condo featuring an expansive 1,650 sqft outdoor private landscaped terrace, making it the perfect private urban oasis! This beautiful 1 bedroom/ 1.5 bathroom corner residence showcases luxury living at its finest, boasting iconic views with floor-to-ceiling windows that allow you to escape the city without leaving. The tastefully updated chef's kitchen is an entertainer's dream featuring high-end stainless steel appliances, gas stove, natural stone countertops with a large island, and sleek custom cabinetry. There is plenty of storage and a separate built-in dry bar with a beverage cooler. The kitchen also opens to the living and dining room, both are perfect spaces to relax and enjoy the city views. Retreat to the hotel-like primary suite with a custom walk-in closet with dimmable LED lighting in the shelves. Unwind in the beautiful primary bath with marble floors, shower/bathtub combo, dual vanity, Toto Washlet, and linen closet. Don't miss this opportunity to step outside to your very own sprawling 1,650 sqft private terrace centrally located in the heart of Streeterville directly above Whole Foods. The terrace acts as your own backyard and is great for dog owners, no matter the weather or season! Additional features include: hardwood flooring in the living space, in-unit laundry, a stunning powder room with Toto Washlet, upgraded hardware, and Lutron lighting system throughout. This full-service luxury building elevates your lifestyle to new heights. On-site building amenities include a state-of-the-art fitness center with a separate weights/yoga room, outdoor pool, sundeck with grilling stations, private green space, movie theater, a fully equipped entertainment suite with a catering kitchen, 24-hour doorman, on-site cleaners, bike storage, and a private dog run for your furry companion. The monthly assessment includes heat, air, (4 pipe system), gas, water, cable, internet. This ideal Streeterville location is just steps from Michigan Avenue's world-class shopping, vibrant nightlife, the Riverwalk, and stunning lakefront. This residence truly has it all!
Last Agent to Sell the Property
Magellan Marketing Group LLC License #475155989 Listed on: 06/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,880
Year Built
- Built in 2008
HOA Fees
- $916 Monthly HOA Fees
Home Design
- Entry on the 10th floor
- Concrete Block And Stucco Construction
Interior Spaces
- 1,068 Sq Ft Home
- Window Screens
- Family Room
- Combination Dining and Living Room
Kitchen
- Gas Cooktop
- Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, internet
- 281 Units
- Kerrol Association, Phone Number (312) 755-0042
- High-Rise Condominium
- Property managed by First Service Residential
- 31-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Business Center
- Party Room
- Elevator
- Service Elevator
Recreation
- Park
- Bike Trail
Pet Policy
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2025
Closed on
Aug 21, 2025
Sold by
Gagliardo John R
Bought by
Lee David and Lee Elizabeth
Seller's Agent
Alexander Caras
Magellan Marketing Group LLC
Buyer's Agent
Nichole Connelly
Jameson Sotheby's Intl Realty
List Price
$575,000
Sold Price
$547,500
Premium/Discount to List
-$27,500
-4.78%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,080
Avg. Annual Appreciation
2.21%
Purchase Details
Closed on
Oct 24, 2018
Sold by
Stinton Maryann and Stinton Dale A
Bought by
Gagliardo John R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,750
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2008
Sold by
Cfp Fairbanks Llc
Bought by
Stinton Maryann and Stinton Dale A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,500
Interest Rate
6.3%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $547,500 | None Listed On Document | |
| Deed | $575,000 | Attorney | |
| Special Warranty Deed | $505,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $488,750 | New Conventional | |
| Previous Owner | $252,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Sold | $547,500 | -4.8% | $513 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | For Sale | $575,000 | -- | $538 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,880 | $47,867 | $7,850 | $40,017 |
| 2023 | $9,631 | $46,828 | $6,331 | $40,497 |
| 2022 | $9,631 | $46,828 | $6,331 | $40,497 |
| 2021 | $9,416 | $46,826 | $6,330 | $40,496 |
| 2020 | $10,429 | $46,817 | $4,883 | $41,934 |
| 2019 | $10,212 | $50,827 | $4,883 | $45,944 |
| 2018 | $10,040 | $50,827 | $4,883 | $45,944 |
| 2017 | $9,428 | $43,795 | $1,977 | $41,818 |
| 2016 | $8,772 | $43,795 | $1,977 | $41,818 |
| 2015 | $8,025 | $43,795 | $1,977 | $41,818 |
| 2014 | $6,326 | $34,098 | $1,537 | $32,561 |
| 2013 | $6,202 | $34,098 | $1,537 | $32,561 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Caras
-
Chad Caras
C
Seller Co-Listing Agent in 2025
Chad Caras
Magellan Marketing Group LLC
(312) 642-8869
4 in this area
36 Total Sales
-
Nichole Connelly
Buyer's Agent in 2025
Nichole Connelly
Jameson Sotheby's Intl Realty
(503) 459-1646
6 in this area
13 Total Sales
About The Fairbanks at Cityfront Plaza
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12403763
APN: 17-10-212-040-1002
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