The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 3106 Chicago, IL 60611
Streeterville NeighborhoodEstimated Value: $623,479 - $742,000
2
Beds
2
Baths
1,300
Sq Ft
$1,112/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Granite Countertops
- Water Views
- In Ground Pool
- Wine Refrigerator
About This Home
As of April 2023Rarely available this coveted TOP floor penthouse is spectacular! 2BR/2BA with stunning city and lake views. This "in town" has been rarely used and is ready for you to move in and unpack just in time for the airshow and summer fun. Entertain to your hearts content with the gorgeous kitchen that plays host with its granite countertops, Subzero, Bosch and Wolf appliances. Even while doing the dishes you'll be able to enjoy the stunning views through the ceiling to floor windows. Brand new carpeting has been installed in Primary and 2nd bedrooms, upgraded hardwood flooring too.The primary suite has 2 closets, 1 is a walk with closet systems. Custom blinds too. The marble ensuite bath has a soaking tub, separate shower and double vanity. This is a true gem located in the heart of streeterville. Outdoor pool, grills, workout rooms, storage, business room, stunning updated party room, Hurry, it won't disappoint. Glorious sunsets included. Parking additional $40,000 includes your very own tesla charging station.
Last Listed By
Jameson Sotheby's International Realty License #471020494 Listed on: 02/16/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,074
Year Built
- Built in 2008
Lot Details
- Dog Run
HOA Fees
- $1,112 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage ceiling height seven feet or more
- Parking Included in Price
- Deeded Parking Sold Separately
Interior Spaces
- 1,300 Sq Ft Home
- Ceiling height of 9 feet or more
- Window Treatments
- Combination Dining and Living Room
- Water Views
Kitchen
- High End Refrigerator
- Wine Refrigerator
- Granite Countertops
- Disposal
Flooring
- Partially Carpeted
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
Utilities
- Central Air
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Community Details
Overview
- Association fees include insurance, doorman, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
- 239 Units
- 31-Story Property
Amenities
- Doorman
- Valet Parking
- Business Center
- Party Room
- Elevator
- Package Room
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2023
Closed on
Mar 28, 2023
Sold by
Messa Holdings Llc
Bought by
Patel Nikhil
Seller's Agent
Judy Gibbons
Jameson Sotheby's International Realty
Buyer's Agent
Elizabeth Ballis
Compass
List Price
$680,000
Sold Price
$650,000
Premium/Discount to List
-$30,000
-4.41%
Total Days on Market
20
Views
12
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
$18,370
Avg. Annual Appreciation
1.82%
Original Mortgage
$487,500
Outstanding Balance
$461,044
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$213,980
Purchase Details
Closed on
May 3, 2016
Sold by
Brynjelsen Sean and Brynjelsen Lauren
Bought by
Messa Holdings Llc
Purchase Details
Listed on
Oct 14, 2014
Closed on
Jan 29, 2015
Sold by
Bates Robert and Bates Andrienne
Bought by
Brynjelsen Sean and Brynjelsen Lauren
Seller's Agent
Kim Jones
Baird & Warner
Buyer's Agent
Mitch Gordon
Baird & Warner
List Price
$689,000
Sold Price
$700,000
Premium/Discount to List
$11,000
1.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.35%
Original Mortgage
$400,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2008
Sold by
Cfp Garage Llc
Bought by
Bates Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.93%
Mortgage Type
Unknown
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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 |
|---|---|---|---|
| Patel Nikhil | $650,000 | None Listed On Document | |
| Messa Holdings Llc | -- | None Available | |
| Brynjelsen Sean | $700,000 | Baird & Warner Title Svcs In | |
| Bates Robert | -- | Multiple | |
| Bates Robert | $672,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Nikhil | $487,500 | |
| Previous Owner | Brynjelsen Sean | $400,000 | |
| Previous Owner | Bates Robert | $110,000 | |
| Previous Owner | Bates Robert | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2023 04/25/23 | Sold | $650,000 | -4.4% | $500 / Sq Ft |
| 03/09/2023 03/09/23 | Pending | -- | -- | -- |
| 02/16/2023 02/16/23 | For Sale | $680,000 | -2.9% | $523 / Sq Ft |
| 02/02/2015 02/02/15 | Sold | $700,000 | +1.6% | -- |
| 12/24/2014 12/24/14 | Pending | -- | -- | -- |
| 10/14/2014 10/14/14 | For Sale | $689,000 | -- | -- |
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 | $12,349 | $61,376 | $10,066 | $51,310 |
| 2023 | $12,349 | $60,043 | $8,118 | $51,925 |
| 2022 | $12,349 | $60,043 | $8,118 | $51,925 |
| 2021 | $12,074 | $60,041 | $8,117 | $51,924 |
| 2020 | $13,373 | $60,029 | $6,262 | $53,767 |
| 2019 | $13,094 | $65,171 | $6,262 | $58,909 |
| 2018 | $12,873 | $65,171 | $6,262 | $58,909 |
| 2017 | $12,088 | $56,153 | $2,534 | $53,619 |
| 2016 | $11,247 | $56,153 | $2,534 | $53,619 |
| 2015 | $10,290 | $56,153 | $2,534 | $53,619 |
| 2014 | $8,112 | $43,721 | $1,971 | $41,750 |
| 2013 | $7,952 | $43,721 | $1,971 | $41,750 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Gibbons
Seller's Agent in 2023
Judy Gibbons
Jameson Sotheby's International Realty
(847) 274-4983
2 in this area
90 Total Sales
-
Elizabeth Ballis
Buyer's Agent in 2023
Elizabeth Ballis
Compass
(312) 343-4545
6 in this area
139 Total Sales
-
Kim Jones
K
Seller's Agent in 2015
Kim Jones
Baird Warner
(312) 505-3366
1 in this area
5 Total Sales
-
Mitch Gordon
Buyer's Agent in 2015
Mitch Gordon
Baird Warner
(312) 339-9432
27 Total Sales
About The Fairbanks at Cityfront Plaza
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11720322
APN: 17-10-212-040-1236
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