Seller's Agent in 2024
Lynn Brahin
Corcoran Urban Real Estate
(312) 852-0010
8 in this area
36 Total Sales
The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 504 Chicago, IL 60611
Streeterville NeighborhoodEstimated Value: $352,000 - $417,000
1
Bed
1
Bath
947
Sq Ft
$821/mo
HOA Fee
Highlights
- Doorman
- Wood Flooring
- Community Pool
- Fitness Center
- Sauna
- Business Center
About This Home
As of November 2024Sophisticated Loft Living in the heart of Streeterville. 10' 6" Ceilings. Private deck facing south. Open flexible floor plan. Enjoy hardwood floors, a gorgeous kitchen with Italian cabinets, granite countertops, stainless appliances, and a deep sink. Fantastic work-at-home office nook. Barn doors lead to the spacious bedroom with a walk-in closet and modern bathroom. In-unit laundry room. LEED Gold building. High speed elevators. 2 State-of-the-Art Fitness spaces. Large resident only Dog Run. Contemporary party room, business center and theater. South-facing outdoor pool, sundeck and gardens on a beautifully, landscaped terrace. 24-hour door staff in an elegant lobby. Onsite management, engineering team and dry cleaner in the building. Whole Foods downstairs. Egg Harbor next door. Conveniently situated between Michigan Ave., the Lakefront, Navy Pier, Ohio Street Beach and the Chicago River. Restaurants, shopping, nightlife, and entertainment galore. Walk to Foxtrot, Target, Trader Joes, AMC River East and Lucky Strike. Nearby I-90/94, Wacker Dr. and Lake Shore Dr. Monthly assessment includes all utilities (and Internet Zentro 500mbps up and down and Direct TV) but electricity. Pet (2 dog max. 1st dog - no weight limit. 2nd dog - 40 lb. max.). Investor Friendly. AIRBNB prohibited. One secure, attached, deeded parking space - extra 20K. External Storage locker included. Furnishings available for an additional cost.
Last Agent to Sell the Property
Corcoran Urban Real Estate License #475178101 Listed on: 04/01/2024
Last Buyer's Agent
Wanda Austin-Wingood
Redfin Corporation License #475191813
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,159
Lot Details
- Cul-De-Sac
- Kennel or Dog Run
- Additional Parcels
HOA Fees
- $821 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Transmitter
- Driveway
- Deeded Parking Sold Separately
Home Design
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 947 Sq Ft Home
- Sliding Doors
- Family Room
- Combination Dining and Living Room
- Home Office
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
- High Speed Internet
- Cable TV Available
Additional Features
- Balcony
- Property is near bus stop
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 281 Units
- Kerrol Hermit Association, Phone Number (312) 755-0042
- Fairbanks At Cityfront Subdivision
- Property managed by First Service Residential
- 30-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Building Patio
- Sauna
- Business Center
- Party Room
- Laundry Facilities
- Elevator
- Package Room
- Convenience Store
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2024
Closed on
Nov 15, 2024
Sold by
Burgarino Joseph S
Bought by
Gramata James Lopez and Gramata Stephanie Baxter
Seller's Agent
Lynn Brahin
Corcoran Urban Real Estate
Buyer's Agent
Wanda Austin-Wingood
Redfin Corporation
List Price
$395,000
Sold Price
$355,000
Premium/Discount to List
-$40,000
-10.13%
Views
110
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
$28,938
Avg. Annual Appreciation
5.49%
Original Mortgage
$248,500
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 9, 2022
Sold by
Ian Investments Llc
Bought by
Burgarino Joseph S and Burgarino Joseph J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,287
Interest Rate
4.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2020
Sold by
Prunty Johnathan
Bought by
Ian Investments Llc
Purchase Details
Listed on
Nov 28, 2018
Closed on
Mar 20, 2019
Sold by
Pucking Around Llc
Bought by
Prunty Johnathan
Seller's Agent
Daniele Prestigiacomo
Ideal Residential LLC
Buyer's Agent
Laura England
Compass
List Price
$360,000
Sold Price
$375,000
Premium/Discount to List
$15,000
4.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.08%
Original Mortgage
$361,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 17, 2013
Closed on
Aug 23, 2013
Sold by
Miller Evan J
Bought by
Around Pucking
Seller's Agent
Joshua Weinberg
Keller Williams ONEChicago
Buyer's Agent
Janice Weiler-Orenstein
@properties Christie's International Real Estate
List Price
$349,900
Sold Price
$348,000
Premium/Discount to List
-$1,900
-0.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.35%
Original Mortgage
$243,950
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 31, 2007
Sold by
Cfp Lofts Llc
Bought by
Miller Evan J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.12%
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 |
|---|---|---|---|
| Gramata James Lopez | $355,000 | None Listed On Document | |
| Gramata James Lopez | $355,000 | None Listed On Document | |
| Burgarino Joseph S | $335,000 | None Listed On Document | |
| Ian Investments Llc | -- | None Available | |
| Prunty Johnathan | $380,000 | Chicago Title | |
| Around Pucking | $348,000 | Chicago Title Insurance Comp | |
| Miller Evan J | $448,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gramata James Lopez | $248,500 | |
| Previous Owner | Burgarino Joseph S | $286,287 | |
| Previous Owner | Prunty Johnathan | $361,000 | |
| Previous Owner | Around Pucking | $243,950 | |
| Previous Owner | Miller Evan J | $348,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2024 11/21/24 | Sold | $355,000 | +2.9% | $375 / Sq Ft | |
| 10/22/2024 10/22/24 | Pending | -- | -- | -- | |
| 09/24/2024 09/24/24 | Price Changed | $345,000 | -6.7% | $364 / Sq Ft | |
| 09/03/2024 09/03/24 | Price Changed | $369,900 | -3.9% | $391 / Sq Ft | |
| 06/30/2024 06/30/24 | Price Changed | $384,900 | -2.6% | $406 / Sq Ft | |
| 04/01/2024 04/01/24 | For Sale | $395,000 | +17.9% | $417 / Sq Ft | |
| 04/16/2022 04/16/22 | Sold | $335,000 | +4.7% | -- | View Prior Sale |
| 01/10/2022 01/10/22 | Pending | -- | -- | -- | |
| 01/04/2022 01/04/22 | For Sale | $320,000 | 0.0% | -- | |
| 08/01/2020 08/01/20 | Rented | $2,500 | +8.7% | -- | |
| 07/17/2020 07/17/20 | For Rent | $2,300 | 0.0% | -- | |
| 03/20/2019 03/20/19 | Sold | $375,000 | +4.2% | $402 / Sq Ft | View Prior Sale |
| 01/12/2019 01/12/19 | Pending | -- | -- | -- | |
| 11/28/2018 11/28/18 | For Sale | $360,000 | 0.0% | $386 / Sq Ft | |
| 12/20/2017 12/20/17 | Rented | $2,350 | 0.0% | -- | |
| 10/30/2017 10/30/17 | For Rent | $2,350 | 0.0% | -- | |
| 08/30/2013 08/30/13 | Sold | $348,000 | +2.4% | -- | View Prior Sale |
| 06/24/2013 06/24/13 | Pending | -- | -- | -- | |
| 06/06/2013 06/06/13 | Price Changed | $339,900 | -2.9% | -- | |
| 05/17/2013 05/17/13 | For Sale | $349,900 | -- | -- |
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 | $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
Agents Affiliated with this Home
-
Lynn Brahin
-
Wanda Austin-Wingood
W
Buyer's Agent in 2024
Wanda Austin-Wingood
Redfin Corporation
-
Laura England
Seller's Agent in 2022
Laura England
Compass
(312) 543-3178
6 in this area
91 Total Sales
-
Tyler Ammermann
Buyer's Agent in 2020
Tyler Ammermann
HomeSmart Realty Group
(217) 474-5904
1 Total Sale
-
D
Seller's Agent in 2019
Daniele Prestigiacomo
Ideal Residential LLC
-
Peter Green
Buyer's Agent in 2017
Peter Green
@ Properties
(847) 609-0773
2 in this area
110 Total Sales
About The Fairbanks at Cityfront Plaza
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12003731
APN: 17-10-212-031-1025
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