$360,000

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 402 Floor 4 Chicago, IL 60611

Streeterville Neighborhood

Estimated payment $3,352/month

Total Views 7,791
1 Bed
1 Bath
933 Sq Ft
$386 Price per Sq Ft

Highlights

  • Doorman
  • Cathedral Ceiling
  • Main Floor Bedroom
  • Open Floorplan
  • Wood Flooring
  • Granite Countertops

About This Home

Tons of storage and custom closets in this spectacular unit. The Fairbanks at City Front Plaza offers its residents the modern conveniences of living downtown. This 1BR + office niche condo boasts high ceilings, floor to ceiling windows, and a gigantic 18' x 5' south facing balcony with spectacular iconic city views. Welcome home to this chic flat filled with high quality finishes throughout. Highlights include the open floor plan and great room for entertaining. Wide living space, dark wood floor, marble bath. Abundance of storage, all closets have organizers, and the unit comes with an additional storage cage. NEW Washer/Dryer. Full service, luxury amenity building: fitness center, movie room, entertainment suite with catering kitchen, 24-hour doorman, private dog run! No breed / weight limit restriction for pets. You can't beat this location in the center of the bustling Streeterville neighborhood, a block from Mag mile and two blocks from the lake and Navy Pier. Groceries are a breeze with Whole Foods downstairs in the building, Great Primary residence, or in-town. No rental restrictions - investors welcome. One of Chicago's best!

Listing Agent

Chris Katsulis

THE NAV AGENCY Brokerage Phone: (847) 707-5286 License #475184946 Listed on: 02/03/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,706

Year Built

  • Built in 2006

HOA Fees

  • $899 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 4th floor
  • Stone Siding

Interior Spaces

  • 933 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Gas Dryer Hookup

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 281 Units
  • Kerrol Hermit Association, Phone Number (312) 755-0042
  • High-Rise Condominium
  • Property managed by Draper & Kramer
  • 31-Story Property

Amenities

  • Doorman

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,706

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$899 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 4
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (847) 707-5286
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Doorman, Granite Counters, Lobby
  • LivingArea: 933
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 31
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Stone
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Laundry Features: Main Level, Washer Hookup, Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 899
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Draper & Kramer
  • Management Contact Name: Kerrol Hermit
  • Management Phone: 312-755-0042

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6706.11
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 281

Map

About The Fairbanks at Cityfront Plaza

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2025 $6,712 $33,379 $9,648 $23,731
2024 $6,712 $33,379 $9,648 $23,731
2023 $6,543 $31,812 $16,000 $15,812
2022 $6,543 $31,812 $16,000 $15,812
2021 $6,397 $31,810 $15,999 $15,811
2020 $7,234 $32,475 $26,048 $6,427
2019 $7,084 $35,258 $26,048 $9,210
2018 $6,965 $35,258 $26,048 $9,210
2017 $6,453 $29,976 $1,512 $28,464
2016 $6,004 $29,976 $1,512 $28,464
2015 $5,493 $29,976 $1,512 $28,464
2014 $4,857 $26,179 $1,259 $24,920
2013 $4,761 $26,179 $1,259 $24,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2026 03/13/26 For Rent $3,000 0.0% --
03/12/2026 03/12/26 Off Market $3,000 -- --
03/04/2026 03/04/26 For Rent $3,000 0.0% --
02/03/2026 02/03/26 For Sale $360,000 0.0% $386 / Sq Ft
08/05/2024 08/05/24 Rented $2,900 0.0% --
07/08/2024 07/08/24 Under Contract -- -- --
06/24/2024 06/24/24 For Rent $2,900 0.0% --
06/28/2016 06/28/16 Sold $345,000 -8.0% $370 / Sq Ft View Prior Sale
06/06/2016 06/06/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $374,900 -- $402 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $360,000 Chicago Title
Sheriffs Deed -- Attorney
Special Warranty Deed $401,000 Lawyers
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $331,026 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12560176

Midwest Real Estate Data (MRED)

APN: 17-10-212-031-1009

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 402, Chicago, IL

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.
Based on information submitted to the MLS GRID

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Chris Katsulis
Listing Agent
Chris Katsulis
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THE NAV AGENCY
(872) 273-5565
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