NOT LISTED FOR SALE

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 601 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $562,000 - $654,144

2 Beds
3 Baths
1,595 Sq Ft
2.32 Acres Lot

Sale Details

Date Sold: August 14, 2020

Last sale price $576,000 $361 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,375 / mo

4 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Den
  • Whirlpool Bathtub
  • Terrace
  • Walk-In Pantry

About This Home

As of August 2020

Spectacular loft style home in prime Streeterville location, just steps off Michigan Avenue on quiet cul-de-sac. This quiet, split two-bedroom home features open living area and 2 ensuite bedrooms, each with beautiful baths and organized walk-in closets plus an additional den or office. Open living room has hardwood floors, 10 foot high exposed concrete ceilings, a full wall of south windows, plenty of room for dining and opens to fantastic 18 foot private terrace. Terrific kitchen has large breakfast bar with desk or bar area, lots of cabinets and work space, stainless appliances including hood and lower cabinet microwave, granite counters and big pantry. Wonderful office with built in book case also makes a great den or separate TV room, and leads to spacious primary suite with large bedroom, oversized organized walk-closet and big slate bath with large walk-in shower and raised vanity double sinks. Second bedroom also spacious with stone bath with whirlpool tub and big closet. Powder room, front loading laundry and large coat closet help check all the right boxes. This well run and financially solid building features great door staff, along with a recently renovated lobby, party room, separate cardio and weight rooms, private building garden and terrace with grills, outdoor pool, and a dog run that is cleaned and sanitized daily. All inclusive assessments include everything (heat, air conditioning, cable, internet access etc) but electric. Prime parking space in secure resident area and on same floor as unit available for additional cost. Upper Illinois is beautifully landscaped and with minimal traffic and nice city vistas and very close to the river walk, lake front, Navy Pier, all of Magnificent Mile, and Millennium Park, with a fantastic Whole Foods at base of building.

Last Agent to Sell the Property

Greg Desmond

@properties Christie's International Real Estate License #475121688 Listed on: 07/27/2020

@properties Christie's International Real Estate

Last Buyer's Agent

An-An Ku

Urban Living Properties, LLC License #475161826

Property Details

Home Type

  • Condominium

Year Built

  • 2007

Lot Details

  • End Unit
  • Southern Exposure

HOA Fees

  • $1,284 per month

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Siding

Interior Spaces

  • Built-In Features
  • Entrance Foyer
  • Den
  • Storage
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Terrace

Location

  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Year Built

2007

Lot Details

2.32 Acres

HOA Fees

$1,284 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 7
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2007
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Condo-Loft
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31
  • Year Built: 2007

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Galley, Pantry-Walk-in
  • Additional Rooms: Den, Terrace, Pantry, Walk In Closet, Foyer
  • Master Bedroom: Dimensions: 13X18, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 10X18, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 2 Name: Terrace, Dimensions: 18X5, On Level: Main Level
  • Bedroom 2: Dimensions: 15X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Pantry, Dimensions: 4X4, On Level: Main Level
  • Additional Room 4 Name: Walk in Closet, Dimensions: 10X7, On Level: Main Level
  • Additional Room 5 Name: Foyer, Dimensions: 14X4, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1595
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Glass, Concrete
  • Exterior Property Features: Balcony, Storms/Screens, End Unit
  • Exposure: S (South), City

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s), Heated, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Deeded Garage Cost: 40000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Outdoors, Receiving Room, Security Door Locks, Service Elevator, Valet/Cleaner, Business Center
  • Assessment Includes: Heat, Air Conditioning, Water, Gas, Common Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 1284
  • Management Contact Name: Wayne
  • Management Phone: 312-755-0042

Fee Information

  • Management Company: First Service Residential

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17102120311015

Multi Family

  • Total Number Unitsin Building: 281
  • Number Stories: 31

Tax Info

  • Taxes: 11736.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Aug 6, 2020
Sold by
Simmons James Bauman and Simmons Erin Montgomery
Bought by
Pogoff Dara
Seller's Agent
Greg Desmond
@properties Christie's International Real Estate
Buyer's Agent
An-An Ku
Urban Living Properties, LLC
List Price
$550,000
Sold Price
$576,000
Premium/Discount to List
$26,000
4.73%
Current Estimated Value
$606,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,036
Avg. Annual Appreciation
0.90%

Purchase Details

Closed on
Oct 24, 2007
Sold by
The James B Simmons Trust
Bought by
Simmons James Baumann

Purchase Details

Closed on
Nov 7, 2006
Sold by
Cfp Garage Llc
Bought by
James B Simmons Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.36%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pogoff Dara $576,000 Proper Title Llc
Simmons James Baumann -- None Available
James B Simmons Trust $50,000 Lawyers
Simmons James Bauman -- Lawyers
Simmons James Bauman $680,000 Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simmons James Bauman $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $576,000 +4.7% $361 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $550,000 -- $345 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,802 $57,062 $16,493 $40,569
2024 $10,802 $57,062 $16,493 $40,569
2023 $10,508 $54,512 $27,500 $27,012
2022 $10,508 $54,512 $27,500 $27,012
2021 $10,292 $54,511 $27,500 $27,011
2020 $11,677 $55,519 $44,531 $10,988
2019 $11,421 $60,276 $44,531 $15,745
2018 $11,228 $60,276 $44,531 $15,745
2017 $10,305 $51,246 $2,586 $48,660
2016 $9,764 $51,246 $2,586 $48,660
2015 $8,910 $51,246 $2,586 $48,660
2014 $7,827 $44,754 $2,153 $42,601
2013 $7,661 $44,754 $2,153 $42,601
Source: Public Records

Agents Affiliated with this Home

  • Greg Desmond

    Seller's Agent in 2020

    Greg Desmond

    @ Properties

    (773) 251-1375

    5 in this area

    116 Total Sales

    Greg Desmond
    Section Image
  • An-An Ku

    Buyer's Agent in 2020

    An-An Ku

    Urban Living Properties, LLC

    (630) 715-7392

    5 in this area

    113 Total Sales

    An-An Ku
    Section Image
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About The Fairbanks at Cityfront Plaza

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10796919

Midwest Real Estate Data (MRED)

APN: 17-10-212-031-1015

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 601, 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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