The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 2908 Chicago, IL 60611
Streeterville NeighborhoodEstimated Value: $611,535 - $678,000
2
Beds
2
Baths
1,293
Sq Ft
$963/mo
HOA Fee
Highlights
- Wood Flooring
- Stainless Steel Appliances
- Attached Garage
- Den
- Galley Kitchen
- Forced Air Heating and Cooling System
About This Home
As of June 2019MUST SEE - 2BR + Den/ 2 bath Penthouse on high floor; North facing views of the city skyline and lake. Designer finishes throughout by Chicago interior designer. This home features high ceilings, floor to ceiling windows, and custom features. Chef's kitchen includes range hood, upgraded stainless steel appliance package, granite countertops, and breakfast bar seating for four. Large master suite with room for a king size bed, floor-to-ceiling windows, and his and her closets. Spacious master bath with custom tile shower. Recessed can lights throughout. Additional den space great for an office or nursery. A great Streeterville location with Whole Foods in the building. Steps to Northwestern, the Lake, Target, Michigan Ave, River Walk, the Loop and Navy Pier. Full amenity building with dog run, pool, fitness center, theatre room, yoga room, party room, doorman, and on-site manager. Prime secured, deeded parking spot for $50,000 additional. Additional storage locker included.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,071
Year Built
- 2003
Lot Details
- 2.32
HOA Fees
- $963 per month
Parking
- Attached Garage
- Parking Included in Price
Home Design
- Concrete Siding
Interior Spaces
- Den
- Wood Flooring
Kitchen
- Galley Kitchen
- Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
Laundry
- Dryer
- Washer
Eco-Friendly Details
- North or South Exposure
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 6, 2020
Sold by
Vanburen James Van
Bought by
Buren James M Van and James Martens Van Buren Trust
Total Days on Market
14
Current Estimated Value
Purchase Details
Listed on
Apr 24, 2019
Closed on
Jun 4, 2019
Sold by
Iantosca David and Iantosca Emily
Bought by
Vanburen James Van
Seller's Agent
Darrell Scott
Compass
Buyer's Agent
Doug Harter
Baird & Warner
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.91%
Original Mortgage
$455,000
Outstanding Balance
$404,081
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$223,835
Purchase Details
Closed on
Jun 11, 2013
Sold by
Najem Anthony and Najem Liza
Bought by
Iantosca David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 25, 2008
Sold by
Cfp Garage Llc
Bought by
Najem Anthony and Najem Liza
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
5.88%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Buren James M Van | -- | Attorney | |
| Vanburen James Van | $695,000 | Chicago Title Insurance Co | |
| Iantosca David | $650,000 | None Available | |
| Najem Anthony | -- | Lawyers | |
| Najem Anthony | $666,500 | Lawyers |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vanburen James Van | $455,000 | |
| Previous Owner | Iantosca David | $52,000 | |
| Previous Owner | Najem Anthony | $417,000 | |
| Previous Owner | Najem Anthony | $178,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2019 06/05/19 | Sold | $705,000 | +0.9% | $545 / Sq Ft |
| 05/09/2019 05/09/19 | For Sale | $699,000 | 0.0% | $541 / Sq Ft |
| 05/08/2019 05/08/19 | Pending | -- | -- | -- |
| 05/07/2019 05/07/19 | Pending | -- | -- | -- |
| 04/24/2019 04/24/19 | For Sale | $699,000 | -- | $541 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,071 | $58,518 | $9,597 | $48,921 |
| 2023 | $11,071 | $57,247 | $7,740 | $49,507 |
| 2022 | $11,071 | $57,247 | $7,740 | $49,507 |
| 2021 | $10,842 | $57,246 | $7,739 | $49,507 |
| 2020 | $12,059 | $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
-
Darrell Scott
Seller's Agent in 2019
Darrell Scott
Compass
(317) 340-8519
2 in this area
465 Total Sales
-
Buyer's Agent in 2019
Doug Harter
Baird Warner
(917) 828-3989
About The Fairbanks at Cityfront Plaza
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10355280
APN: 17-10-212-040-1220
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