NOT LISTED FOR SALE

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 3001 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $718,000 - $889,000

3 Beds
2 Baths
1,673 Sq Ft
$485/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2013

Last sale price $925,000 $553 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,606 / mo

90 Days on Market

About This Home

As of June 2013

Sun-filled corner penthouse unit 3 bed/2bath and office niche. 1673 sqft. 10' ceilings, hardwood floors throughout, chefs kitchen, marble baths. Highly upgraded. 2 balconies & panoramic views of Chicago Tribune, Trump, Wrigley, River & Lake. Full amenity building. Steps to Mich Ave, Loop & Lake. Parking addl $50k.

Last Agent to Sell the Property

Rachel Vecchio

Baird & Warner License #475141621 Listed on: 01/29/2013

Baird & Warner

Last Buyer's Agent

Neveen Michael

Keller Williams Infinity License #475141115

Keller Williams Infinity

Property Details

Home Type

  • Other

Year Built

  • 2007

Lot Details

  • 2.32

HOA Fees

  • $903 per month

Parking

  • Garage Transmitter

Home Design

  • Concrete Siding

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Year Built

2007

Lot Details

2.32 Acres

HOA Fees

$903 per month

Parking

1

Listing Details

  • Unit Floor Number: 30
  • Special Features: None
  • Stories: 1
  • Year Built: 2007

Interior Features

  • Total # Of Rooms: 6
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 17X19
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 16X12
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 12X12
  • Third Bedroom Flooring: Hardwood
  • Bathroom Amenities: Separate Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 25X16
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: COMBO
  • Dining Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Kitchen Level: Main Level
  • Kitchen Size: 11X13
  • Kitchen Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Glass, Concrete

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage
  • Garage Type: Transmitter(s)

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Units in Building: 281
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Deposit Required, Dogs OK, Pet Count Limitation, Pet Weight 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, Valet/Cleaner
  • Assessment/Association Fees: 903

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

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
Jan 29, 2013
Closed on
Jun 3, 2013
Sold by
Bought by
Seller's Agent
Rachel Vecchio
Baird & Warner
Buyer's Agent
Neveen Michael
Keller Williams Infinity
List Price
$1,050,000
Sold Price
$925,000
Premium/Discount to List
-$125,000
-11.9%
Current Estimated Value
$812,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,902
Avg. Annual Appreciation
-0.99%
Original Mortgage
$693,750
Outstanding Balance
$485,773
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$326,325

Purchase Details

Closed on
Nov 7, 2008
Sold by
Bought by

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
5.95%
Mortgage Type
Purchase Money Mortgage
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
$925,000 None Available
$1,021,500 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 $693,750
Previous Owner $417,000
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
06/05/2013 06/05/13 Sold $925,000 -2.6% $553 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
04/20/2013 04/20/13 Price Changed $949,900 -4.9% $568 / Sq Ft
03/14/2013 03/14/13 Price Changed $999,000 -4.9% $597 / Sq Ft
01/29/2013 01/29/13 For Sale $1,050,000 -- $628 / Sq Ft
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 $15,652 $75,833 $12,437 $63,396
2024 $15,652 $75,833 $12,437 $63,396
2023 $15,258 $74,185 $10,030 $64,155
2022 $15,258 $74,185 $10,030 $64,155
2021 $14,918 $74,184 $10,029 $64,155
2020 $16,523 $74,169 $7,737 $66,432
2019 $16,178 $80,523 $7,737 $72,786
2018 $15,906 $80,523 $7,737 $72,786
2017 $14,936 $69,381 $3,132 $66,249
2016 $13,896 $69,381 $3,132 $66,249
2015 $12,714 $69,381 $3,132 $66,249
2014 $10,023 $54,019 $2,435 $51,584
2013 $9,825 $54,019 $2,435 $51,584
Source: Public Records

Agents Affiliated with this Home

  • Rachel Vecchio

    Seller's Agent in 2013

    Rachel Vecchio

    Baird & Warner

    (773) 841-1048

    3 in this area

    69 Total Sales

    Rachel Vecchio
    Section Image
  • Neveen Michael

    Buyer's Agent in 2013

    Neveen Michael

    Keller Williams Infinity

    (630) 697-8664

    111 Total Sales

    Neveen Michael
    Section Image
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About The Fairbanks at Cityfront Plaza

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08259093

Midwest Real Estate Data (MRED)

APN: 17-10-212-040-1222

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 3001, 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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