NOT LISTED FOR SALE

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 2209 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $472,000 - $522,000

1 Bed
1.5 Baths
1,020 Sq Ft
100,929 Sq Ft Lot

Sale Details

Date Sold: May 1, 2025

Last sale price $475,000 $466 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,312 / mo

42 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Steam Room
  • Wood Flooring
  • Party Room

About This Home

As of May 2025

Rarely available premier south facing 09 Tier with incredible city views of NBC Tower, Tribune Tower, the Wrigely Building, Trump Tower, the Lake and the River! Over 1,000sqft this 1 Bed+office w/ 1.5 Baths in this class A building located in the heart of Streeterville. With 10ft ceilings and wall-to-wall windows this residence is light, airy and flooded with natural light. Top of the line finishes include a gourmet kitchen w/ss appliances, slow closing cabinetry, granite countertops, marble bathrooms, custom closet organizers and window shades, and hardwood floors throughout. Enjoy all true city living has to offer being steps away from Michigan Ave's Magnificent Mile Shopping, the Lake, Parks, Restaurants, Movie Theater, as well as having Whole Foods and Planet fitness in the building. Experience luxury living w/exercise rooms, 24h door staff, sauna, newly renovated party room, media room, business center, outdoor pool w/terrace and lush landscape. Storage unit included. Deeded Parking: 50,000.

Last Agent to Sell the Property

Niles Patel

CORE Capital Group LLC License #471020617 Listed on: 02/24/2025

Last Buyer's Agent

Ali Bakir

MorphEasy Realty License #471020523

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,524

Year Built

  • Built in 2008

Lot Details

  • 2.32

HOA Fees

  • $885 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking

Home Design

  • Entry on the 22nd floor

Interior Spaces

  • 1,020 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, taxes, insurance, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, snow removal, internet
  • 239 Units
  • High-Rise Community
  • Property managed by First Service Residential
  • 31-Story Property

Amenities

  • Doorman
  • Sundeck
  • Steam Room
  • Party Room
  • Service Elevator
  • Package Room
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 40 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,524

Year Built

Built in 2008

Lot Details

2.32 Acres

HOA Fees

$885 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 22
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2008
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1020
  • Room Type: Den
  • Stories Total: 31
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Other
  • ExteriorFeatures: Balcony
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Deeded, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 885
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Service Elevator(s), Steam Room
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: PM
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Taxes, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Snow Removal, Internet

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 9524.11
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 239

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 22, 2016
Sold by
Gao Jane and Raso Jane
Bought by
Garlapati Praveen R and Garlapati Venkatraman
Seller's Agent
Ryan Lee
Compass
Buyer's Agent
Ted Guarnero
Fulton Grace Realty
List Price
$485,000
Sold Price
$530,000
Premium/Discount to List
$45,000
9.28%
Current Estimated Value
$488,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,113
Avg. Annual Appreciation
-0.82%
Original Mortgage
$318,000
Outstanding Balance
$251,024
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$237,863

Purchase Details

Closed on
Jan 18, 2008
Sold by
Cfp Fairbanks Llc
Bought by
Gao Jane and Zeng Huali
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Garlapati Praveen R $530,000 Chicago Title
Gao Jane $554,000 Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garlapati Praveen R $318,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2025 05/01/25 Sold $475,000 0.0% $466 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $475,000 -10.4% $466 / Sq Ft
06/24/2016 06/24/16 Sold $530,000 +9.3% $520 / Sq Ft View Prior Sale
06/10/2016 06/10/16 For Sale $485,000 0.0% $475 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $485,000 -- $475 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $9,524 $46,144 $7,568 $38,576
2024 $9,524 $46,144 $7,568 $38,576
2023 $9,285 $45,141 $6,103 $39,038
2022 $9,285 $45,141 $6,103 $39,038
2021 $9,077 $45,140 $6,102 $39,038
2020 $10,054 $45,130 $4,707 $40,423
2019 $9,844 $48,996 $4,707 $44,289
2018 $9,678 $48,996 $4,707 $44,289
2017 $9,088 $42,217 $1,905 $40,312
2016 $8,456 $42,217 $1,905 $40,312
2015 $7,736 $42,217 $1,905 $40,312
2014 $6,099 $32,870 $1,482 $31,388
2013 $5,978 $32,870 $1,482 $31,388
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2025

    Niles Patel

    CORE Capital Group LLC

    (708) 372-2933

    9 in this area

    56 Total Sales

    Niles Patel
    Section Image
  • Ali Bakir

    Buyer's Agent in 2025

    Ali Bakir

    MorphEasy Realty

    (312) 622-7022

    14 in this area

    135 Total Sales

    Ali Bakir
    Section Image

  • R

    Seller's Agent in 2016

    Ryan Lee

    Compass

    Section Image
  • Kimberly Kappelman

    Seller Co-Listing Agent in 2016

    Kimberly Kappelman

    Compass

    (312) 319-1168

    3 in this area

    65 Total Sales

    Kimberly Kappelman
    Section Image
  • Ted Guarnero

    Buyer's Agent in 2016

    Ted Guarnero

    Fulton Grace

    (312) 810-6693

    1 in this area

    2 Total Sales

    Ted Guarnero
    Section Image
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About The Fairbanks at Cityfront Plaza

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12189920

Midwest Real Estate Data (MRED)

APN: 17-10-212-040-1146

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 2209, Chicago, IL

Not Listed for Sale

Condos

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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