NOT LISTED FOR SALE

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 2604 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $638,461

2 Beds
2 Baths
1,293 Sq Ft
2.32 Acre Lot

Sale Details

Date Sold: October 1, 2020

Last sale price $555,000 $429 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,641 / mo

112 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Stainless Steel Appliances
  • Landscaped Professionally
  • Den
  • Balcony

About This Home

As of October 2020

Upscale, contemporary 2 bedroom, 2 bath with den designed for modern living. Features northeast jetliner views from floor-to-ceiling glass, euro open kitchen with wenge wood cabinets, polished granite breakfast bar, custom glass backsplash, pro-grade stainless appliances, gorgeous Carrara marble baths, lux master suite with dual closets, split bedrooms with blackout shades, rich hardwood floors, large covered private balcony, upgraded lighting and high ceilings. Stellar amenities include 24 hour door staff, 2 fitness centers, party room, outdoor plunge pool, and landscaped sundeck. Ideal location close to Northwestern, Whole Foods, AMC Movie Theater, Michigan Ave., and the Ohio St. Beach! Prime garage parking additional.

Last Agent to Sell the Property

Vicki Loevy

Berkshire Hathaway HomeServices Chicago License #471005706 Listed on: 05/12/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Melissa Dondalski

@properties Christie's International Real Estate License #475162986

@properties Christie's International Real Estate

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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Property Details

Home Type

  • Condominium

Year Built

  • 2007

Lot Details

  • Lake Front
  • Landscaped Professionally

HOA Fees

  • $1,095 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Stone Siding

Interior Spaces

  • Den
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Location

  • Property is near bus stop
  • City Lot

Utilities

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

Additional Features

  • North or South Exposure
  • Balcony

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2007

Lot Details

2.32 Acres

HOA Fees

$1,095 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus
  • Unit Floor Level: 26
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2007
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31
  • Year Built: 2007

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 14X23, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Fire Sprinklers, CO Detectors
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Den, Balcony
  • Master Bedroom: Dimensions: 12X13, On Level: Main Level, Flooring: Carpet, Windows: Shades
  • Additional Room 1 Name: Den, Dimensions: 08X09, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Balcony, Dimensions: 5X10, On Level: Main Level, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet, Windows: Shades
  • Estimated Sq Ft: 1293
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Glass, Stone
  • Exterior Property Features: Balcony
  • Exposure: N (North), City, Lake/Water

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Deeded Garage Cost: 40000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Outdoors, Receiving Room, Service Elevator, Valet/Cleaner, Business Center
  • Assessment Includes: Heat, Air Conditioning, Water, Common Insurance, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 1095
  • Management Contact Name: Regina Juarez
  • Management Phone: 312-755-0042

Fee Information

  • Management Company: First Service Residential

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 17102120401185

Multi Family

  • Total Number Unitsin Building: 281
  • Number Stories: 31

Tax Info

  • Taxes: 13488.62

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
May 12, 2020
Closed on
Sep 28, 2020
Sold by
Chung Tzau Jin and Tseng Roman
Bought by
Seller's Agent
Vicki Loevy
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Melissa Dondalski
@properties Christie's International Real Estate
List Price
$625,000
Sold Price
$555,000
Premium/Discount to List
-$70,000
-11.2%
Current Estimated Value
$638,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,461
Avg. Annual Appreciation
2.38%
Original Mortgage
$499,500
Outstanding Balance
$433,925
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$204,536

Purchase Details

Closed on
Sep 30, 2014
Sold by
Chung Tzau Jin and Tseng Roman
Bought by
240 E Illinois Llc

Purchase Details

Closed on
Mar 12, 2008
Sold by
Cfp Fairbanks Llc
Bought by
Chung Tzau Jin and Tseng Roman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.12%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Streeterville, IL

  • Thomas Gibbons Real Estate Agent - FairGreen Real Estate LLC

    Thomas Gibbons

    FairGreen Real Estate LLC

    (773) 912-0946

    63 Total Sales

    1 in Streeterville

    $149,000 Price

    Thomas Gibbons
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  • Lisa Wolf Real Estate Agent - Keller Williams North Shore West

    Lisa Wolf

    Keller Williams North Shore West

    (224) 332-2538

    1,079 Total Sales

    3 in Streeterville

    $177K - $340K Price Range

    Lisa Wolf
     Section Image
  • Chloé Ifergan Real Estate Agent - Jameson Sotheby's Intl Realty

    Chloé Ifergan

    Jameson Sotheby's Intl Realty

    (855) 232-0459

    93 Total Sales

    3 in Streeterville

    $785K - $1.3M Price Range

    Chloé Ifergan
     Section Image
  • Ana Sandoval-Cremieux Real Estate Agent - Compass

    Ana Sandoval-Cremieux

    Compass

    (844) 983-3106

    124 Total Sales

    1 in Streeterville

    $220,000 Price

    Ana Sandoval-Cremieux
     Section Image
  • Jesse Singh Real Estate Agent - RE/MAX SAWA

    Jesse Singh

    RE/MAX SAWA

    (331) 241-6928

    132 Total Sales

    1 in Streeterville

    $630,000 Price

    Jesse Singh
     Section Image
  • Nick Framularo Real Estate Agent - RE/MAX Premier

    Nick Framularo

    Responds Quickly

    RE/MAX Premier

    (773) 985-1816

    95 Total Sales

    9 in Streeterville

    $325 - $472K Price Range

    Nick Framularo
     Section Image
See All Agents

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
-- Attorney
Lau Samuel $555,000 Attorney
240 E Illinois Llc -- None Available
Chung Tzau Jin $716,500 Multiple
Chung Tzau Jin -- Multiple
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 $499,500
Previous Owner Chung Tzau J $302,500
Previous Owner Chung Tzau Jin $144,000
Previous Owner Chung Tzau Jin $300,000
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
10/01/2020 10/01/20 Sold $555,000 -0.9% $429 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/10/2020 08/10/20 Price Changed $560,000 -2.6% $433 / Sq Ft
07/20/2020 07/20/20 Price Changed $575,000 -8.0% $445 / Sq Ft
05/12/2020 05/12/20 For Sale $625,000 0.0% $483 / Sq Ft
02/01/2018 02/01/18 Rented $3,350 +4.7% --
12/20/2017 12/20/17 Off Market $3,200 -- --
12/04/2017 12/04/17 For Rent $3,200 -- --
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 $12,078 $58,518 $9,597 $48,921
2024 $12,078 $58,518 $9,597 $48,921
2023 $11,774 $57,247 $7,740 $49,507
2022 $11,774 $57,247 $7,740 $49,507
2021 $11,512 $57,246 $7,739 $49,507
2020 $12,750 $57,234 $5,970 $51,264
2019 $12,484 $62,137 $5,970 $56,167
2018 $12,274 $62,137 $5,970 $56,167
2017 $11,525 $53,539 $2,416 $51,123
2016 $10,723 $53,539 $2,416 $51,123
2015 $9,811 $53,539 $2,416 $51,123
2014 $7,734 $41,685 $1,879 $39,806
2013 $7,581 $41,685 $1,879 $39,806
Source: Public Records

Agents Affiliated with this Home

  • Vicki Loevy Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Seller's Agent in 2020

    Vicki Loevy

    Berkshire Hathaway HomeServices Chicago

    (312) 952-3299

    3 in this area

    22 Total Sales

    Vicki Loevy
    Section Image
  • Melissa Dondalski Real Estate Agent - @ Properties

    Buyer's Agent in 2020

    Melissa Dondalski

    @ Properties

    (312) 632-0380

    4 in this area

    112 Total Sales

    Melissa Dondalski
    Section Image

  • JF

    Buyer's Agent in 2018

    John Floros

    Fulton Grace

    (773) 698-6648

    13 in this area

    280 Total Sales

    John Floros
    Section Image
See All Agents

About The Fairbanks at Cityfront Plaza

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10712442

Midwest Real Estate Data (MRED)

APN: 17-10-212-040-1185

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 2604, 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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