$699,000

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 2505 Floor 25 Chicago, IL 60611

Streeterville Neighborhood

Estimated payment $5,797/month

2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • Rooftop Deck
  • Water Views
  • In Ground Pool
  • Wood Flooring

About This Home

All south-facing two-bedroom plus den, two-bath residence at The Fairbanks. This well-maintained condo offers an ideal Streeterville location within a full-amenity building. The spacious living and dining area is flooded with natural light through floor-to-ceiling windows, creating a bright and inviting atmosphere perfect for relaxing or entertaining, with ample room for a full living room setup and dedicated dining area. The large kitchen features full-height upper cabinets, stone countertops with a breakfast bar and seating for bar stools, a suite of stainless-steel appliances, and plenty of space for preparing your favorite meals. The split-bedroom floor plan provides both privacy and functionality. The primary suite is situated on one side of the home and showcases a wall of windows, professionally built-out double closets, and a connected stone bath with double sinks, linen storage, and a 60" walk-in shower with body sprays, and glass doors. On the opposite side, the second bedroom features a wall of windows and a fully built-out closet system. The den is perfect for a work-from-home setup or flexible living space, complete with a closet and a built-in desk with file drawers and shelving. Hardwood floors throughout enhance the home's overall aesthetic. Enjoy a private south-facing balcony-perfect for grilling or relaxing on warm summer evenings. A full-size stackable washer and dryer add everyday convenience. This professionally managed, full-amenity building offers 24-hour door staff, an exercise room, outdoor pool, sundeck, landscaped park area with grilling stations, entertainment suite, conference room, theater room, dog run, and an on-site package room with dry cleaning services. Conveniently located just steps from Whole Foods, Target, Walgreens, a wide variety of dining options, and just blocks from the Northwestern Medical Campus. Deeded parking available for an additional $40,000.

Listing Agent

Michael Maier

Berkshire Hathaway HomeServices Chicago Brokerage Email: mmaier@bhhschicago.com License #475123451 Listed on: 04/20/2026

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,268

Year Built

  • Built in 2007

Lot Details

  • Dog Run

HOA Fees

  • $1,152 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Available
  • Deeded Parking

Home Design

  • Entry on the 25th floor
  • Reinforced Caisson Foundation
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • Family Room
  • Combination Dining and Living Room
  • Den
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Rooftop Deck

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 281 Units
  • Briana Spelic Association, Phone Number (312) 755-0042
  • High-Rise Community
  • Property managed by First Service Residential
  • 31-Story Property

Amenities

  • Doorman
  • Common Area
  • Sauna
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,268

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

HOA Fees

$1,152 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 25
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2007
  • 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: New
  • SomePhotosVirtuallyStaged: Yes
  • Attribution Contact: mmaier@bhhschicago.com
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Microwave
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Room Type: Den, Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 31
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Glass, Stone
  • ExteriorFeatures: Balcony, Roof Deck, Dog Run
  • Foundation Details: Reinforced Caisson
  • Lot Features: Common Grounds
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Roof: Asphalt
  • View: Water
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Heated Garage, Yes, Deeded, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level, Washer Hookup, Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1152
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Party Room, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Briana Spelic
  • Management Phone: 312-755-0042

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 11267.85
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 281

Map

About The Fairbanks at Cityfront Plaza

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $11,557 $59,379 $9,738 $49,641
2024 $11,557 $59,379 $9,738 $49,641
2023 $11,244 $58,090 $7,854 $50,236
2022 $11,244 $58,090 $7,854 $50,236
2021 $11,011 $58,088 $7,853 $50,235
2020 $12,247 $58,077 $6,058 $52,019
2019 $11,979 $63,052 $6,058 $56,994
2018 $11,776 $63,052 $6,058 $56,994
2017 $10,968 $54,327 $2,452 $51,875
2016 $10,381 $54,327 $2,452 $51,875
2015 $9,475 $54,327 $2,452 $51,875
2014 $7,372 $42,299 $1,907 $40,392
2013 $7,215 $42,299 $1,907 $40,392
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2026 04/20/26 For Sale $699,000 0.0% --
11/01/2024 11/01/24 Rented $4,050 -1.2% --
10/28/2024 10/28/24 Under Contract -- -- --
10/02/2024 10/02/24 For Rent $4,100 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Ravenswood Title Company Llc
Special Warranty Deed -- Multiple
Special Warranty Deed $776,500 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,400 New Conventional
Closed $380,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Michael Maier
Michael Maier

Berkshire Hathaway HomeServices Chicago

(773) 305-6728

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As your trusted Luxury Real Estate Professional, I look forward to sharing my knowledge through expert marketing and effective collaboration to exceed your expectations. Whether working with buyers or sellers I strive to exceed their expectations. Because your real estate is most likely the most valuable asset, it is important to work with a real estate professional you can trust and who understands what you are looking to accomplish in achieving your real estate goals. Your home reflects

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12620713

Midwest Real Estate Data (MRED)

APN: 17-10-212-040-1175

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 2505, 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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID

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(773) 305-6728
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