NOT LISTED FOR SALE

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 504 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $363,000 - $423,000

1 Bed
1 Bath
947 Sq Ft
2.32 Acres Lot

Sale Details

Date Sold: November 21, 2024

Last sale price $355,000 $375 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,545 / mo

203 Days on Market

Highlights

  • Doorman
  • Wood Flooring
  • Community Pool
  • Fitness Center
  • Sauna
  • Business Center

About This Home

As of November 2024

Sophisticated 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

Lynn Brahin

Corcoran Urban Real Estate License #475178101 Listed on: 04/01/2024

Corcoran Urban Real Estate

Last Buyer's Agent

Wanda Austin-Wingood

Redfin Corporation License #475191813

Redfin Corporation

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
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,159

Lot Details

2.32 Acres

HOA Fees

$821 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Fairbanks at Cityfront
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 30

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 947
  • Other Equipment: TV-Cable, Fire Sprinklers, Internet-Fiber
  • Room Type: Balcony/Porch/Lanai, Office
  • Stories Total: 30
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Lot Features: Cul-De-Sac
  • OtherStructures: Dog Kennel
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 821
  • Association Amenities: Bike Room/Bike Trails, Door Person, Commissary, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Valet/Cleaner, Business Center, Laundry, High Speed Conn., Patio, Public Bus
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Kerrol Hermit
  • Management Phone: 312-755-0042
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 7159.38
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 281

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Nov 15, 2024
Sold by
Bought by
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
$399,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,554
Avg. Annual Appreciation
7.77%
Original Mortgage
$248,500
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2022
Sold by
Bought by

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
Bought by

Purchase Details

Listed on
Nov 28, 2018
Closed on
Mar 20, 2019
Sold by
Bought by
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
0.88%
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
Bought by
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
Bought by

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
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$355,000 None Listed On Document
$355,000 None Listed On Document
$335,000 None Listed On Document
-- None Available
$380,000 Chicago Title
$348,000 Chicago Title Insurance Comp
$448,000 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $248,500
Previous Owner $286,287
Previous Owner $361,000
Previous Owner $243,950
Previous Owner $348,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2024

    Lynn Brahin

    Corcoran Urban Real Estate

    (312) 852-0010

    8 in this area

    41 Total Sales

    Lynn Brahin
    Section Image
  • Laura England

    Seller's Agent in 2022

    Laura England

    Compass

    (312) 543-3178

    6 in this area

    97 Total Sales

    Laura England
    Section Image
  • Tyler Ammermann

    Buyer's Agent in 2020

    Tyler Ammermann

    HomeSmart Realty Group

    (217) 474-5904

    1 Total Sale

    Tyler Ammermann
    Section Image

  • 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

    112 Total Sales

    Peter Green
    Section Image
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About The Fairbanks at Cityfront Plaza

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12003731

Midwest Real Estate Data (MRED)

APN: 17-10-212-031-1025

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 504, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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