NOT LISTED FOR SALE

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 3101 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $760,000 - $839,000

3 Beds
2 Baths
1,673 Sq Ft
$980/mo HOA Fee

Last Sold March 19, 2015

Last sale price $1,100,000 $658 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $6,733/month

15 Days on Market

Highlights

  • Doorman
  • Wood Flooring
  • Party Room
  • Fitness Center
  • Community Pool
  • Sundeck

About This Home

As of March 2015

TRUE corner penthouse - South, West & East Views. 3101 features 3 bedrooms, 2 baths & 2 balconies. Hardwood floors throughout, an open kitchen living & dining room, designer blinds, upgraded baths, recessed lighting & upgraded fixtures. Enjoy views of the river, Wrigley Bldg & Trump tower. Building features 24H doorman, on site maintenance & manager, gym, sun deck & plunge pool, party room, Whole Foods - pkg+45K

Last Agent to Sell the Property

Klopas Stratton Team

Jameson Sotheby's Int'l Realty License #471009697 Listed on: 02/20/2015

Jameson Sotheby's Int'l Realty

Co-Listed By

Jason Stratton

Jameson Sotheby's Int'l Realty License #475138400

Last Buyer's Agent

Hunter Andre

Baird & Warner License #471020519

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,825

Year Built

  • Built in 2007

Lot Details

  • 2.32

HOA Fees

  • $980 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Flexicore

Interior Spaces

  • 1,673 Sq Ft Home
  • Living Room
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal
  • 281 Units
  • Marcy Association, Phone Number (312) 755-0042
  • High-Rise Condominium
  • Property managed by draper & KRAMER
  • 31-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Package Room
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,825

Year Built

Built in 2007

Lot Details

0

HOA Fees

$980 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: High Rise (7+ Stories)
  • Year Built: 2007
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 31
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Elevator, Hardwood Floors, First Floor Laundry, Storage, Flexicore
  • LivingArea: 1673
  • Room Type: No additional rooms
  • Stories Total: 31
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Association Fee: 980
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Management Company: draper & KRAMER
  • Management Contact Name: marcy
  • Management Phone: 312-755-0042
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 9825
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2015
Closed on
Mar 12, 2015
Sold by
Dovellos Gus M and Dovellos Georgiean
Bought by
All State Bk Real Estate Holdings Ltd
Seller's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
Buyer's Agent
Hunter Andre
Baird & Warner
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$849,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$250,766
Avg. Annual Appreciation
-2.89%

Purchase Details

Listed on
Mar 13, 2013
Closed on
May 8, 2013
Sold by
Relocation Promisor
Bought by
Dovellos Georgiean and Dovellos Gus M
Seller's Agent
Santiago Moreno
@properties Christie's International Real Estate
Buyer's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$680,000
Interest Rate
2.91%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 13, 2013
Closed on
Apr 8, 2013
Sold by
Dark Jerald A and Collins William M
Bought by
Dark Jerald A and Collins William M
Seller's Agent
Santiago Moreno
@properties Christie's International Real Estate
Buyer's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
2.91%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 2011
Sold by
Homel Benjamin L and Homel Callie
Bought by
Collins William M and Dark Jerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2008
Sold by
Cfp Fairbanks Llc
Bought by
Homel Benjamin L

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
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
All State Bk Real Estate Holdings Ltd $1,100,000 None Available
Dovellos Georgiean $850,000 None Available
Relocation Promisor $850,000 None Available
Dark Jerald A -- First American Title Insuran
Collins William M $810,000 First American Title Ins Co
Homel Benjamin L $970,000 Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dovellos Georgiean $680,000
Previous Owner Collins William M $648,000
Previous Owner Homel Benjamin L $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2015 03/19/15 Sold $1,100,000 0.0% $658 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $1,100,000 +29.4% $658 / Sq Ft
05/09/2013 05/09/13 Sold $850,000 -10.5% $508 / Sq Ft View Prior Sale
03/21/2013 03/21/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $950,000 -- $568 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $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

  • Klopas Stratton Team

    Seller's Agent in 2015

    Klopas Stratton Team

    Jameson Sotheby's Int'l Realty

    (312) 927-0334

    17 in this area

    587 Total Sales

    Klopas Stratton Team
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Jason Stratton

    Jameson Sotheby's Int'l Realty

    (312) 415-1551

    4 in this area

    122 Total Sales

    Jason Stratton
    Section Image
  • Hunter Andre

    Buyer's Agent in 2015

    Hunter Andre

    Baird & Warner

    (773) 474-2753

    2 in this area

    53 Total Sales

    Hunter Andre
    Section Image
  • Santiago Moreno

    Seller's Agent in 2013

    Santiago Moreno

    @ Properties

    (312) 682-8500

    1 in this area

    42 Total Sales

    Santiago Moreno
    Section Image
See All Agents

About The Fairbanks at Cityfront Plaza

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08842894

Midwest Real Estate Data (MRED)

APN: 17-10-212-040-1231

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 3101, Chicago, IL

Not Listed for Sale

Condos

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) Based on information submitted to the MLS GRID. 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes