Landlord's Agent in 2025
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
(312) 927-0334
17 in this area
588 Total Sales
The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 3102 Chicago, IL 60611
Streeterville NeighborhoodEstimated Value: $453,747 - $482,000
1
Bed
1.5
Baths
1,025
Sq Ft
2.32
Acres
Highlights
- Doorman
- Penthouse
- Wood Flooring
- Fitness Center
- In Ground Pool
- Main Floor Bedroom
About This Home
As of May 2025AUG 1ST MOVE IN - FULL WALK THRU VIDEO ON ADDTIONAL INFO TAB. Streeterville TOP Floor Penthouse w/ amazing city scape and lake views at 240 Illinois, City Front Plaza. Full amenity building right off Michigan Ave - not on the lower level with easy access to everything. Whole Foods on the lower level! This 1000+ sqft all glass corner one bedroom has views that will take your breathe away. Highly upgraded penthouse with 11 foot+ ceilings and FULL floor to ceiling east/north/west exposures; views of the river, city, and the lake. Great open concept home w/ chef quality kitchen - enough space for full dining room table and sectional. Tucked away half bathroom for guests/large coat closet and dry bar. Incredible master suite w/ outstanding views, hardwood floors, large custom finished walk-in closet. Spa inspired master marble bath with large soak tub and separate glass shower. Building has incredible amenities - full cardio room, weight room, dog run, business center, movie theater room, grill area, park and pool! Rental parking available in the building. Rent includes heat, air, TV/Cable - tenant pays for electric and parking. Minimum credit score of 675 and verifiable monthly income of 2.5x rent.
Last Agent to Rent the Property
Jameson Sotheby's Int'l Realty License #471009697 Listed on: 05/05/2025
Condo Details
Home Type
- Condominium
Year Built
- Built in 2008
Lot Details
- End Unit
Parking
- 1 Car Garage
Home Design
- Penthouse
- Entry on the 31st floor
- Concrete Block And Stucco Construction
Interior Spaces
- 1,025 Sq Ft Home
- Window Screens
- Family Room
- Living Room
- Dining Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Main Floor Bedroom
- Walk-In Closet
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outdoor Grill
Schools
- Ogden International Elementary And Middle School
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Property Available on 8/1/25
- Rent includes cable TV, heat, water, pool, scavenger, doorman, internet, air conditioning, wi-fi
Community Details
Overview
- 281 Units
- Joan Brachmann Association, Phone Number (312) 755-0042
- Property managed by dkcondo
- 31-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Sauna
- Business Center
- Party Room
- Elevator
- Package Room
Recreation
- Park
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2015
Closed on
Mar 10, 2015
Sold by
Scearce Zachary S and Scearce Diane M
Bought by
Pappas Fotis and Hasapis Penelope
Seller's Agent
James Horwath
@properties
Buyer's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
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
-$56,063
Avg. Annual Appreciation
-1.05%
Original Mortgage
$390,000
Outstanding Balance
$292,556
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$171,381
Purchase Details
Listed on
Jul 15, 2013
Closed on
Aug 29, 2013
Sold by
Keller Scott H and Keller Deborah S
Bought by
Scearce Zachary S and Scearce Diane M
Seller's Agent
Rachel Vecchio
Baird & Warner
Buyer's Agent
Todd Vitale
@properties Christie's International Real Estate
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$408,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 2008
Sold by
Cfp Fairbanks Llc
Bought by
Keller Scott H and Keller Deborah S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
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 |
|---|---|---|---|
| Pappas Fotis | $520,000 | Cti | |
| Scearce Zachary S | $510,000 | Multiple | |
| Keller Scott H | $512,500 | Lawyers |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pappas Fotis | $390,000 | |
| Previous Owner | Scearce Zachary S | $408,000 | |
| Previous Owner | Keller Scott H | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/12/2025 05/12/25 | Rented | $3,800 | 0.0% | -- | |
| 05/09/2025 05/09/25 | Off Market | $3,800 | -- | -- | |
| 05/08/2025 05/08/25 | For Rent | $3,800 | 0.0% | -- | |
| 05/07/2025 05/07/25 | Off Market | $3,800 | -- | -- | |
| 05/05/2025 05/05/25 | For Rent | $3,800 | +28.8% | -- | |
| 06/25/2021 06/25/21 | Rented | -- | -- | -- | |
| 06/07/2021 06/07/21 | For Rent | $2,950 | -9.2% | -- | |
| 07/19/2019 07/19/19 | Rented | $3,250 | 0.0% | -- | |
| 07/05/2019 07/05/19 | Under Contract | -- | -- | -- | |
| 06/27/2019 06/27/19 | For Rent | $3,250 | 0.0% | -- | |
| 03/20/2015 03/20/15 | Sold | $520,000 | -1.0% | $507 / Sq Ft | View Prior Sale |
| 01/25/2015 01/25/15 | Pending | -- | -- | -- | |
| 01/15/2015 01/15/15 | For Sale | $525,000 | +2.9% | $512 / Sq Ft | |
| 08/30/2013 08/30/13 | Sold | $510,000 | -2.9% | $498 / Sq Ft | View Prior Sale |
| 07/25/2013 07/25/13 | Pending | -- | -- | -- | |
| 07/15/2013 07/15/13 | For Sale | $525,000 | -- | $512 / 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 |
|---|---|---|---|---|
| 2025 | $9,459 | $45,828 | $7,516 | $38,312 |
| 2024 | $9,459 | $45,828 | $7,516 | $38,312 |
| 2023 | $9,221 | $44,833 | $6,061 | $38,772 |
| 2022 | $9,221 | $44,833 | $6,061 | $38,772 |
| 2021 | $9,015 | $44,832 | $6,061 | $38,771 |
| 2020 | $9,985 | $44,822 | $4,675 | $40,147 |
| 2019 | $9,777 | $48,662 | $4,675 | $43,987 |
| 2018 | $9,612 | $48,662 | $4,675 | $43,987 |
| 2017 | $9,026 | $41,928 | $1,892 | $40,036 |
| 2016 | $8,398 | $41,928 | $1,892 | $40,036 |
| 2015 | $7,683 | $41,928 | $1,892 | $40,036 |
| 2014 | $6,057 | $32,646 | $1,472 | $31,174 |
| 2013 | $5,937 | $32,646 | $1,472 | $31,174 |
Source: Public Records
Agents Affiliated with this Home
-
Klopas Stratton Team
-
Jason Stratton
J
Landlord's Co-Listing Agent in 2025
Jason Stratton
Jameson Sotheby's Int'l Realty
(312) 415-1551
4 in this area
122 Total Sales
-
Christine Mei
C
Tenant's Agent in 2025
Christine Mei
eXp Realty
19 Total Sales
-
Andrew Wright Wright
Buyer's Agent in 2021
Andrew Wright Wright
Cross Street Real Estate
(312) 702-9578
2 Total Sales
-
Alec Goldstein
Buyer's Agent in 2019
Alec Goldstein
Berkshire Hathaway HomeServices Chicago
(847) 894-2167
3 in this area
74 Total Sales
-
J
Seller's Agent in 2015
James Horwath
@ Properties
About The Fairbanks at Cityfront Plaza
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12356692
APN: 17-10-212-040-1232
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