N
Seller's Agent in 2021
Niles Patel
CORE Capital Group LLC
(708) 372-2933
10 in this area
59 Total Sales
The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 3003 Chicago, IL 60611
Streeterville NeighborhoodEstimated Value: $698,943 - $1,096,000
2
Beds
3
Baths
1,531
Sq Ft
$1,093/mo
HOA Fee
Highlights
- Penthouse
- Whirlpool Bathtub
- Attached Garage
- Family Room with Fireplace
- Formal Dining Room
- Garage ceiling height seven feet or more
About This Home
As of March 2021Fully Upgraded Penthouse Condo has sweeping south views of the Chicago skyline, Lake Michigan, and the Chicago River located just off Michigan Avenue and Tribune Tower. This sun filled two bedroom plus den two and half bathroom luxury residence features an open floor extended living room plan with hardwood floors throughout, a well appointed chef's kitchen, spacious master suite, and a large sheltered terrace. Enjoy the services of a full service condominium with 24 hour doormen, work out facilities, outdoor pool and sun terrace, a private park, a dog run, storage locker, and guest parking. Whole Foods is just downstairs and all of Michigan Avenue's entertainments just out the door. Steps to Millennium Park and the Loop financial district.
Last Agent to Sell the Property
CORE Capital Group LLC License #471020617 Listed on: 08/28/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,156
Year Built
- 2006
Lot Details
- 2.32
HOA Fees
- $1,093 per month
Parking
- Attached Garage
- Garage ceiling height seven feet or more
- Garage Transmitter
- Deeded Parking Sold Separately
Home Design
- Penthouse
Interior Spaces
- Family Room with Fireplace
- Formal Dining Room
Bedrooms and Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Community Details
Overview
- 239 Units
- Amy Waters Association, Phone Number (312) 755-0042
- Property managed by DK Condo
Pet Policy
- Pets Allowed
- Pets up to 100 lbs
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2020
Closed on
Feb 23, 2021
Sold by
Poulos Allyson E and Riemma Carl
Bought by
Toole Jerry D and Roberts Amy J
Seller's Agent
Niles Patel
CORE Capital Group LLC
Buyer's Agent
Nancy Churik
Baird & Warner
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,486
Avg. Annual Appreciation
1.62%
Original Mortgage
$608,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 11, 2014
Closed on
Sep 11, 2014
Sold by
Knysak David and Knysak Rena
Bought by
Poulos Allyson E
Seller's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
Buyer's Agent
Michael Kennelly
Coldwell Banker Realty
List Price
$899,000
Sold Price
$925,000
Premium/Discount to List
$26,000
2.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.99%
Original Mortgage
$525,000
Interest Rate
4.11%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 5, 2012
Closed on
Nov 30, 2012
Sold by
Colli William E
Bought by
Knysak David
Seller's Agent
Melanie Giglio-Vakos
Compass
Buyer's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
List Price
$899,900
Sold Price
$803,000
Premium/Discount to List
-$96,900
-10.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$602,250
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 14, 2011
Sold by
Colli William E
Bought by
The William E Colli Revocable Trust
Purchase Details
Closed on
Jul 6, 2009
Sold by
Cfp Fairbanks Llc
Bought by
Colli William E
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
4.94%
Mortgage Type
Unknown
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Toole Jerry D | $760,000 | Chicago Title | |
| Poulos Allyson E | $925,000 | None Available | |
| Knysak David | $803,000 | Chicago Title Insurance Comp | |
| The William E Colli Revocable Trust | -- | None Available | |
| Colli William E | $760,000 | Ctic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Toole Jerry D | $608,000 | |
| Previous Owner | Poulos Allyson E | $525,000 | |
| Previous Owner | Knysak David | $602,250 | |
| Previous Owner | Colli William E | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2021 03/05/21 | Sold | $760,000 | -4.9% | $496 / Sq Ft |
| 01/27/2021 01/27/21 | Pending | -- | -- | -- |
| 01/01/2021 01/01/21 | For Sale | $799,000 | +5.1% | $522 / Sq Ft |
| 12/31/2020 12/31/20 | Off Market | $760,000 | -- | -- |
| 08/28/2020 08/28/20 | For Sale | $799,000 | -13.6% | $522 / Sq Ft |
| 09/15/2014 09/15/14 | Sold | $925,000 | 0.0% | $561 / Sq Ft |
| 07/03/2014 07/03/14 | Off Market | $925,000 | -- | -- |
| 07/02/2014 07/02/14 | Pending | -- | -- | -- |
| 06/11/2014 06/11/14 | For Sale | $899,000 | +12.0% | $545 / Sq Ft |
| 12/03/2012 12/03/12 | Sold | $803,000 | -10.8% | $525 / Sq Ft |
| 10/15/2012 10/15/12 | Pending | -- | -- | -- |
| 09/05/2012 09/05/12 | For Sale | $899,900 | -- | $589 / 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 | $13,156 | $67,131 | $11,010 | $56,121 |
| 2023 | $12,804 | $65,672 | $8,879 | $56,793 |
| 2022 | $12,804 | $65,672 | $8,879 | $56,793 |
| 2021 | $12,536 | $65,671 | $8,878 | $56,793 |
| 2020 | $13,935 | $65,658 | $6,849 | $58,809 |
| 2019 | $14,321 | $71,282 | $6,849 | $64,433 |
| 2018 | $14,081 | $71,282 | $6,849 | $64,433 |
| 2017 | $13,222 | $61,419 | $2,772 | $58,647 |
| 2016 | $12,302 | $61,419 | $2,772 | $58,647 |
| 2015 | $11,255 | $61,419 | $2,772 | $58,647 |
| 2014 | $8,873 | $47,821 | $2,156 | $45,665 |
| 2013 | $8,697 | $47,821 | $2,156 | $45,665 |
Source: Public Records
Agents Affiliated with this Home
-
Niles Patel
-
Nancy Churik
Buyer's Agent in 2021
Nancy Churik
Baird Warner
(630) 750-4830
6 in this area
83 Total Sales
-
Klopas Stratton Team
Seller's Agent in 2014
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
(312) 927-0334
17 in this area
612 Total Sales
-
Jason Stratton
J
Seller Co-Listing Agent in 2014
Jason Stratton
Jameson Sotheby's Int'l Realty
(312) 415-1551
4 in this area
133 Total Sales
-
Michael Kennelly
Buyer's Agent in 2014
Michael Kennelly
Coldwell Banker Realty
(312) 310-9855
1 in this area
23 Total Sales
-
Melanie Giglio-Vakos
Seller's Agent in 2012
Melanie Giglio-Vakos
Compass
(312) 953-4998
12 in this area
666 Total Sales
About The Fairbanks at Cityfront Plaza
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10838763
APN: 17-10-212-040-1224
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