NOT LISTED FOR SALE

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 1404 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $618,000 - $653,000

2 Beds
2 Baths
-- Sq Ft
2.32 Acre Lot

Sale Details

Date Sold: May 17, 2024

Last sale price $540,000

Est. 18% increase in value since last sale

Current estimated payment $5,548 / mo

14 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Party Room
  • Steam Room
  • Community Pool
  • Den

About This Home

As of May 2024

Idyllic location and Meticulously maintained and updated ! Enjoy the beautiful lakefront, beaches, and Navy Pier steps away. To the west you are steps away from Michigan Ave and the Mag Mile. This open floor plan 2 bed + Den + 2 Bath unit has just been remodeled. Upgraded countertops, new hardwood floors through out, updated appliances, & custom closet organizers. The flex space den offers great space as an office, nursery, or additional closet space. The unit also has an in unit washer / dryer, along with a dedicated storage unit and bike parking / storage. The building has been updated recently and has beautiful common areas along with an outdoor pool, dog walk, indoor gym, media room, dry cleaner, and a beautiful party room. Whole Foods Market on the first floor adds daily living ease. Private gated parking located next to elevator - $50K

Last Agent to Sell the Property

Niles Patel

CORE Capital Group LLC License #471020617 Listed on: 02/16/2024

Last Buyer's Agent

Nenita Dejuras

@properties Christie's International Real Estate License #475134892

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,795

Lot Details

  • 2.32

HOA Fees

  • $1,102 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Combination Dining and Living Room
  • Den

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 281 Units
  • Association Phone (312) 755-0052
  • Property managed by First Service
  • 31-Story Property

Amenities

  • Doorman
  • Sundeck
  • Steam Room
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,795

Lot Details

2.32 Acres

HOA Fees

$1,102 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 14
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: Den
  • Stories Total: 31
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned,Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1102
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Park, Party Room, Sundeck, Pool, Steam Room
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service
  • Management Contact Name: PM
  • Management Phone: 312-755-0052
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: PER SURVEY
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 11795.27
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 281

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
May 3, 2024
Sold by
Bought by
Seller's Agent
Niles Patel
CORE Capital Group LLC
Buyer's Agent
Nenita Dejuras
@properties Christie's International Real Estate
List Price
$515,000
Sold Price
$540,000
Premium/Discount to List
$25,000
4.85%
Views
27
Current Estimated Value
$637,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,078
Avg. Annual Appreciation
7.73%
Original Mortgage
$432,000
Interest Rate
0.0713%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
0.0627%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
0.065%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$540,000 First American Title
$580,000 Lawyers
-- Lawyers
$526,000 Lawyers
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $432,000
Previous Owner $350,000
Previous Owner $408,750
Closed $417,000
Closed $417,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $540,000 +4.9% --
03/02/2024 03/02/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $515,000 0.0% --
11/22/2022 11/22/22 Rented $3,700 +2.8% --
11/22/2022 11/22/22 For Rent $3,600 0.0% --
10/13/2022 10/13/22 Off Market $3,600 -- --
09/19/2022 09/19/22 For Rent $3,600 +6.7% --
08/16/2021 08/16/21 Rented -- -- --
05/19/2021 05/19/21 For Rent $3,375 +3.8% --
02/19/2020 02/19/20 For Rent $3,250 0.0% --
01/11/2020 01/11/20 Off Market $3,250 -- --
01/01/2020 01/01/20 Rented $3,175 -2.3% --
12/12/2019 12/12/19 For Rent $3,250 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,379 $58,519 $9,597 $48,922
2024 $11,379 $58,519 $9,597 $48,922
2023 $11,071 $57,248 $7,740 $49,508
2022 $11,071 $57,248 $7,740 $49,508
2021 $10,842 $57,247 $7,739 $49,508
2020 $12,059 $57,235 $5,970 $51,265
2019 $11,795 $62,138 $5,970 $56,168
2018 $11,596 $62,138 $5,970 $56,168
2017 $10,799 $53,541 $2,417 $51,124
2016 $10,223 $53,541 $2,417 $51,124
2015 $9,330 $53,541 $2,417 $51,124
2014 $7,258 $41,686 $1,879 $39,807
2013 $7,103 $41,686 $1,879 $39,807
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Niles Patel

    CORE Capital Group LLC

    (708) 372-2933

    7 in this area

    54 Total Sales

    Niles Patel
    Section Image

  • N

    Buyer's Agent in 2024

    Nenita Dejuras

    @ Properties

    Section Image
  • Elias Masud

    Buyer's Agent in 2022

    Elias Masud

    Compass

    (773) 466-7150

    8 in this area

    592 Total Sales

    Elias Masud
    Section Image
  • Rafay Qamar

    Buyer's Agent in 2021

    Rafay Qamar

    Real Broker LLC

    (773) 232-5871

    7 in this area

    1,072 Total Sales

    Rafay Qamar
    Section Image
  • Osama Fateh

    Buyer's Agent in 2020

    Osama Fateh

    Compass

    (312) 319-1168

    4 in this area

    19 Total Sales

    Osama Fateh
    Section Image
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About The Fairbanks at Cityfront Plaza

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11982669

Midwest Real Estate Data (MRED)

APN: 17-10-212-040-1047

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 1404, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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