$596,000 - $793,000
RENTED JUN 17, 2025

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 3103 Chicago, IL 60611

Streeterville Neighborhood
2 Beds
3 Baths
1,500 Sq Ft
$477 Price per Sq Ft

Last Sold October 10, 2014

Last sale price $842,000 $561 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $5,069/month

About This Home

As of October 2014

Absolutely stunning, rarely available south-facing penthouse unit in one of Streeterville's most desirable buildings! Garage parking included. Enjoy wide-open dream-like views of the city and lake from every window and the large balcony. Tall ceilings and floor-to-ceiling windows throughout. Terrific split-bedroom floor plan w/ an additional built-out office/den and two full baths + powder room. Huge open chef's kitchen w/ breakfast bar features high-end stainless steel appliances, abundant cabinet space and expansive granite counters. Primary suite complete w/ two walk-in closets and luxurious bath, including dual vanities and separate tub and shower. Lovely hardwood flooring throughout the living area, plenty of flexible living/dining space, surround sound throughout and in-unit washer/dryer. Rent includes heat/air, water, cable and internet. Newer building features terrific resort-style amenities: outdoor pool and sun deck, fitness center, lounge, dog run, yoga center, on-site dry cleaning and 24-hour door staff. Direct elevator access to Whole Foods! Situated on a semi-private cul-de-sac right off the Magnificent Mile and close to all the great shops, restaurants and bars throughout Streeterville and River North. Quick to the lakefront and Millennium Park. Available June 15th!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Suarez Pedro
Bought by
Wu Qinfeng and Surez Pedro
Current Estimated Value
$715,782

Purchase Details

Closed on
Jan 6, 2022
Sold by
Suarez Pedro
Bought by
Suarez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2014
Closed on
Oct 8, 2014
Sold by
Mcingvale Samuel K and Mcingvale Britney
Bought by
Suarez Pedro
Seller's Agent
John Irwin
Baird & Warner
Buyer's Agent
Brady Miller
Cadence Realty
List Price
$849,900
Sold Price
$842,000
Premium/Discount to List
-$7,900
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.50%

Purchase Details

Closed on
Jun 3, 2008
Sold by
Cfp Garage Llc
Bought by
Mcingvale Samuel K
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Wu Qinfeng -- --
Suarez Pedro -- None Listed On Document
Wu Qinfeng -- --
Suarez Pedro $842,000 Attorneys Title Guaranty Fun
Mcingvale Samuel K -- Lawyers
Mcingvale Samuel K $1,000,000 Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Qinfeng $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Rented $5,750 0.0% --
06/01/2025 06/01/25 Under Contract -- -- --
05/20/2025 05/20/25 Price Changed $5,750 -2.5% $4 / Sq Ft
05/01/2025 05/01/25 For Rent $5,900 +9.3% --
09/29/2022 09/29/22 Rented $5,400 -1.8% --
07/31/2022 07/31/22 Under Contract -- -- --
07/22/2022 07/22/22 Price Changed $5,500 -8.3% $4 / Sq Ft
07/15/2022 07/15/22 For Rent $6,000 0.0% --
10/10/2014 10/10/14 Sold $842,000 -0.9% --
09/16/2014 09/16/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $849,900 -- --

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 $13,157 $67,132 $11,010 $56,122
2023 $12,804 $65,674 $8,879 $56,795
2022 $12,804 $65,674 $8,879 $56,795
2021 $12,536 $65,672 $8,878 $56,794
2020 $13,936 $65,659 $6,849 $58,810
2019 $13,633 $71,284 $6,849 $64,435
2018 $13,402 $71,284 $6,849 $64,435
2017 $12,495 $61,420 $2,772 $58,648
2016 $11,802 $61,420 $2,772 $58,648
2015 $11,255 $61,420 $2,772 $58,648
2014 $8,396 $47,822 $2,156 $45,666
2013 $8,219 $47,822 $2,156 $45,666
Source: Public Records

Agents Affiliated with this Home

  • Brady Miller

    Seller's Agent in 2025

    Brady Miller

    Cadence Realty

    (773) 977-8553

    3 in this area

    356 Total Sales

    Brady Miller
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member

    NON MEMBER

  • Nick Nastos

    Buyer's Agent in 2022

    Nick Nastos

    Fulton Grace

    (630) 768-1602

    14 in this area

    284 Total Sales

    Nick Nastos
    Section Image
  • John Irwin

    Seller's Agent in 2014

    John Irwin

    Baird Warner

    (773) 294-8664

    1 in this area

    48 Total Sales

    John Irwin
    Section Image

  • B

    Seller Co-Listing Agent in 2014

    Bess Ellis

    Baird Warner

    Section Image
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About The Fairbanks at Cityfront Plaza

Map

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 3103, Chicago, IL

This home is located at 240 E Illinois St Unit 3103, Chicago, IL 60611 and is currently estimated at $715,782, approximately $477 per square foot. 240 E Illinois St Unit 3103 is a home located in Cook County with nearby schools including Ogden Elementary School, Wells Community Academy High School, and Chicago International Charter School.

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.

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