NOT LISTED FOR SALE

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 2907 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $725,000 - $1,038,000

3 Beds
3 Baths
-- Sq Ft
2.32 Acre Lot

Sale Details

Date Sold: August 28, 2020

Last sale price $1,285,000

Est. 29% decrease in value since last sale

Current estimated payment $7,935 / mo

Highlights

  • In Ground Pool
  • Wood Flooring
  • Home Office
  • Rooftop Deck
  • End Unit
  • Balcony

About This Home

As of August 2020

Amazing views of lake, river, and city from this penthouse floor southeast corner unit 3 bedroom, 3 bathroom plus office. Floor to ceiling windows. Kitchen features: Calcutta Gold marble, Sub Zero fridge, Bosch Dishwasher, and wine fridge. All 3 bathrooms feature Carrara marble. 2 balconies. Parking is an additional $45k. Full amenity building: doorman, gym, pool, sauna, sun deck, party room, dog run, business center, media room, dry cleaner, and Whole Foods on first floor of building. Walk to the river, lake, Michigan Avenue, and Millennium Park/Grant Park.

Last Agent to Sell the Property

Rachel Vecchio

Baird & Warner License #475141621 Listed on: 07/27/2020

Baird & Warner

Last Buyer's Agent

Nathan Wilks

Compass License #471019077

Compass

Property Details

Home Type

  • Condominium

Year Built

  • 2006

Lot Details

  • End Unit
  • Southern Exposure
  • East or West Exposure
  • Dog Run

HOA Fees

  • $1,547 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • Home Office
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Balcony
  • Rooftop Deck
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2006

Lot Details

2.32 Acres

HOA Fees

$1,547 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 29
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 2006
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31
  • Year Built: 2006

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 25X14, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 6X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Concrete
  • Exterior Property Features: Balcony, Roof Deck, Dog Run, Pool In-Ground, Outdoor Grill, End Unit
  • Exposure: S (South), E (East)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Deeded Garage Cost: 45000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • 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, Sauna, Valet/Cleaner, Business Center
  • Assessment Includes: Heat, Air Conditioning, Water, Parking, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 1547
  • 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
  • Parcel Identification Number: 17102120401219

Multi Family

  • Total Number Unitsin Building: 239
  • Number Stories: 31

Tax Info

  • Taxes: 17557.15

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

Closed on
Mar 2, 2021
Sold by
Bought by
Current Estimated Value
$911,195

Purchase Details

Listed on
Jul 27, 2020
Closed on
Aug 21, 2020
Sold by
Bought by
Seller's Agent
Rachel Vecchio
Baird & Warner
Buyer's Agent
Nathan Wilks
Compass
List Price
$1,275,000
Sold Price
$1,285,000
Premium/Discount to List
$10,000
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.71%
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2018
Closed on
Jun 26, 2018
Sold by
Bought by
Seller's Agent
Rachel Vecchio
Baird & Warner
Buyer's Agent
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
List Price
$1,275,000
Sold Price
$1,280,000
Premium/Discount to List
$5,000
0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.18%
Original Mortgage
$453,100
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2013
Sold by
Bought by

Purchase Details

Closed on
May 2, 2008
Sold by
Bought by
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
-- Citywide Title
$1,285,000 Chicago Title
$1,280,000 Chicago Title
-- None Available
-- 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
Previous Owner $510,400
Previous Owner $453,100
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 Prior Sale
08/28/2020 08/28/20 Sold $1,285,000 +0.8% --
07/27/2020 07/27/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $1,275,000 -0.4% --
06/27/2018 06/27/18 Sold $1,280,000 +0.4% -- View Prior Sale
04/06/2018 04/06/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $1,275,000 -- --
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 $17,944 $86,940 $14,258 $72,682
2024 $17,944 $86,940 $14,258 $72,682
2023 $17,493 $85,051 $11,499 $73,552
2022 $17,493 $85,051 $11,499 $73,552
2021 $17,103 $85,049 $11,498 $73,551
2020 $18,251 $85,032 $8,870 $76,162
2019 $18,548 $92,317 $8,870 $83,447
2018 $17,557 $92,317 $8,870 $83,447
2017 $16,397 $79,543 $3,590 $75,953
2016 $15,431 $79,543 $3,590 $75,953
2015 $14,095 $79,543 $3,590 $75,953
2014 $11,014 $61,932 $2,792 $59,140
2013 $11,264 $61,932 $2,792 $59,140
Source: Public Records

Agents Affiliated with this Home

  • Rachel Vecchio

    Seller's Agent in 2020

    Rachel Vecchio

    Baird & Warner

    (773) 841-1048

    3 in this area

    68 Total Sales

    Rachel Vecchio
    Section Image

  • N

    Buyer's Agent in 2020

    Nathan Wilks

    Compass

    Section Image
  • Jeanne Rickard

    Buyer Co-Listing Agent in 2020

    Jeanne Rickard

    Compass

    (847) 323-0324

    15 in this area

    60 Total Sales

    Jeanne Rickard
    Section Image
  • Helaine Cohen

    Buyer's Agent in 2018

    Helaine Cohen

    Berkshire Hathaway HomeServices Chicago

    (312) 953-0961

    8 in this area

    75 Total Sales

    Helaine Cohen
    Section Image
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About The Fairbanks at Cityfront Plaza

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10796144

Midwest Real Estate Data (MRED)

APN: 17-10-212-040-1219

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 2907, 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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