The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 3104 Chicago, IL 60611
Streeterville NeighborhoodEstimated Value: $662,169
2
Beds
2
Baths
1,350
Sq Ft
$1,177/mo
HOA Fee
Highlights
- Penthouse
- Granite Countertops
- Stainless Steel Appliances
- Wood Flooring
- Den
- Balcony
About This Home
As of February 2024Oversized 2 Bedroom + Den PENTHOUSE unit with STUNNING SKYLINE & LAKE VIEWS. *Brand NEW color palette & NEW wide plank flooring give this home a coastal chic vibe. *Dramatic 10 ft ceilings and drenched in natural light, get ready to be mesmerized with the vivid skyline panorama from the floor to ceiling windows.*Primary suite offers two closets, marble bath with walk in shower & bench, dual vanity & linen closet. *Split floor plan: the 2nd bedroom sits adjacent to 2nd bathroom.*BONUS 9x8 DEN has a closet (no door) but offers FLEXIBILITY for home office, workout space or a 2nd guest room.*Abundant closet space throughout and the wide open layout is perfect for entertaining. *Designated space for a dining room table & the chef's kitchen offers sleek 42" cabinets, high-end stainless appliances, granite counter tops, large peninsula with overhang.*Once temps warm up again, you'll love lounging on the private balcony, sipping your coffee at sunrise, winding down after work with a favorite cocktail & soaking up the views of our city's stunning architecture & colorful sailboats. *Front loading Washer / Dryer in unit. ***City Front Plaza offers resort level amenities: Inviting outdoor pool & sun deck with lounge chairs & communal grills, well-appointed fitness room, sauna, library + business center, beautifully remodeled party room & media/movie room, serene garden area with seating + pet lovers will appreciate the dedicated dog run. ***Assessment Includes Gas, Heat/AC, cable & wifi, 24 hour door staff, on-site maintenance & management, landscaping, snow removal. ( you pay electric) *Rental parking options available in the garage next to the building. *Healthy reserves * no specials planned* Pet friendly * Building currently at the 20% rental cap ***CONVENIENCE galore in this incredible WALK TO EVERYTHING LOCATION: Whole Foods is on the lower level, Traders Joe's is a few blocks away, walk to Navy Pier, take a stroll or a bike ride on the lakefront path, grab a glass of wine along the River Walk & enjoy the architectural tour boats cruising by. Take full advantage of the amazing culture this neighborhood offers: Concerts at Millennium Park, enjoy priceless works of art at MOMA & the Art Institute, world class shopping and a huge array of eclectic restaurants. From Hampton Social, Eataly, Ron of Japan, Volare, RPM Italian, Michael Jordan's Steakhouse to low brow joints like & Egg Harbor or Shake Shack, there are countless gastro options to satisfy every craving! Catch a movie across the street at the AMC Movie Theatre, check out the high-end department stores or chic boutiques @ The Shops at North Bridge. Theatregoers will appreciate the proximity to the theater district just a few blocks away. ***Come live YOUR BEST LIFE @ 240 E. Illinois!***
Last Listed By
@properties Christie's International Real Estate License #475127599 Listed on: 01/11/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,774
Year Built
- Built in 2006
Lot Details
- 2.32
HOA Fees
- $1,177 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Leased Parking
Home Design
- Penthouse
Interior Spaces
- 1,350 Sq Ft Home
- Ceiling height of 10 feet or more
- Combination Dining and Living Room
- Den
Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
Utilities
- Forced Air Zoned Heating and Cooling System
- Individual Controls for Heating
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 239 Units
- Kerrol Association, Phone Number (312) 755-0042
- 2 Bed + Den Penthouse
- Property managed by First Service Residential
- 31-Story Property
Pet Policy
- Pets up to 99 lbs
- Limit on the number of pets
- Pet Size Limit
- Pet Deposit Required
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2024
Closed on
Feb 6, 2024
Sold by
Luhr Revocable Trust
Bought by
Beta Elio and Zoubi Alanwar
Seller's Agent
Nancy Gaspadarek
@properties Christie's International Real Estate
Buyer's Agent
Selena Stloukal
RE/MAX All Pro - St Charles
List Price
$639,900
Sold Price
$640,000
Premium/Discount to List
$100
0.02%
Total Days on Market
3
Views
24
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
$22,169
Avg. Annual Appreciation
2.67%
Original Mortgage
$448,000
Outstanding Balance
$442,214
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$219,955
Purchase Details
Closed on
May 17, 2021
Sold by
Luhr David and Luhr Sherri
Bought by
Luhr David W and Luhr Sherri Anderson
Purchase Details
Closed on
Jun 16, 2009
Sold by
Cfp Fairbanks Llc
Bought by
Luhr David and Luhr Sherri
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Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beta Elio | $640,000 | Proper Title | |
| Luhr David W | -- | Accommodation | |
| Luhr David | $600,000 | Ctcc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Beta Elio | $448,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2024 02/12/24 | Sold | $640,000 | 0.0% | $474 / Sq Ft |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- |
| 01/11/2024 01/11/24 | For Sale | $639,900 | 0.0% | $474 / Sq Ft |
| 04/14/2017 04/14/17 | Rented | $4,000 | -2.4% | -- |
| 04/08/2017 04/08/17 | For Rent | $4,100 | -- | -- |
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 | $11,774 | $58,518 | $9,597 | $48,921 |
| 2023 | $11,774 | $57,247 | $7,740 | $49,507 |
| 2022 | $11,774 | $57,247 | $7,740 | $49,507 |
| 2021 | $11,512 | $57,246 | $7,739 | $49,507 |
| 2020 | $12,750 | $57,234 | $5,970 | $51,264 |
| 2019 | $12,484 | $62,137 | $5,970 | $56,167 |
| 2018 | $12,274 | $62,137 | $5,970 | $56,167 |
| 2017 | $11,525 | $53,539 | $2,416 | $51,123 |
| 2016 | $10,723 | $53,539 | $2,416 | $51,123 |
| 2015 | $9,811 | $53,539 | $2,416 | $51,123 |
| 2014 | $7,734 | $41,685 | $1,879 | $39,806 |
| 2013 | $7,581 | $41,685 | $1,879 | $39,806 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Gaspadarek
Seller's Agent in 2024
Nancy Gaspadarek
@ Properties
(773) 259-9353
1 in this area
63 Total Sales
-
Selena Stloukal
Buyer's Agent in 2024
Selena Stloukal
RE/MAX
(630) 621-5421
1 in this area
243 Total Sales
-
James Sheehan
Buyer's Agent in 2017
James Sheehan
Sheehan Real Estate
126 Total Sales
About The Fairbanks at Cityfront Plaza
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11958943
APN: 17-10-212-040-1234
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