NOT LISTED FOR SALE

The Fairbanks at Cityfront Plaza 240 E Illinois St Unit 906 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $497,224 - $600,000

1 Bed
1.5 Baths
1,083 Sq Ft
100,929 Sq Ft Lot

Last Sold February 26, 2024

Last sale price $725,000 $669 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $4,671/month

199 Days on Market

Highlights

  • Doorman
  • Sauna
  • Deck
  • Fitness Center
  • Open Floorplan
  • Wood Flooring

About This Home

As of February 2024

Entire gut renovation to the studs in 2019. This oversized 1 BD/ 1.1 BA designed to perfection, also features a private 1,200 SF outdoor, landscaped patio and garden created by Christy Webber. The "outdoor room" has a built-in grill area with canopy, built-in benches with inset lighting, self-irrigating giant planters, and a jaw-dropping view of the city. You are nestled in the center of all the energy with views of the Lake and Navy Pier. The 12 ft high ceilings are highlighted by floor-to-ceiling windows - which boast electronically-controlled blackout shades. The open chef's kitchen has custom cabinetry to the ceiling, top-of-the-line integrated appliances, and quartz counters with a wood cantilevered island. A custom-designed dry bar with a fridge is perfect for ease in entertaining. The primary bath is the ultimate in decadence with a glass enclosed steam shower and linear drain, double sink floating vanity, large scale porcelain tiles and black hardware. Lightology lighting and wide plank hardwood floors throughout add to the luxe and modern aesthetic. This full amenity building has a party room, media room, business center, fitness room, sauna, outdoor pool & deck. Steps to the Lake, Navy Pier, bike paths, shopping, best restaurants, AMC Movie Theatre, Whole Foods, Target, the River, and the list is endless.

Last Agent to Sell the Property

Sharon Gillman

Compass License #475124503 Listed on: 07/18/2023

Compass

Co-Listed By

Marissa Schaefer

Compass License #475169775

Last Buyer's Agent

Juana Honeycutt

Compass License #475122247

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,877

Year Built

  • Built in 2008 | Remodeled in 2019

Lot Details

  • End Unit

HOA Fees

  • $968 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,083 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Dry Bar
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Sauna
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
  • 281 Units
  • Regina Association, Phone Number (312) 755-0042
  • Property managed by First Service Residential
  • 31-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Sauna
  • Business Center
  • Party Room
  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,877

Year Built

Built in 2008 | Remodeled in 2019

Lot Details

2.32 Acres

HOA Fees

$968 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
  • Year Built: 2008
  • 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): Yes
  • Unit Floor Level: 9
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Sauna/Steam Room, Bar-Dry, Hardwood Floors, First Floor Laundry, Storage, Built-in Features, Open Floorplan
  • LivingArea: 1083
  • Other Equipment: TV-Cable
  • Room Type: Foyer
  • Stories Total: 31
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, End Unit
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete,Limestone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete,Side Drive
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 968
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Pool, Receiving Room, Sauna, Valet/Cleaner, Business Center
  • 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: Regina
  • Management Phone: 312-755-0042
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 9877.49
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Feb 22, 2024
Sold by
Douglas E Hayes Living Trust
Bought by
Cass Douglas and Cass Beverly
Seller's Agent
Sharon Gillman
Compass
Buyer's Agent
Juana Honeycutt
Compass
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%
Views
18
Current Estimated Value
$543,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$181,444
Avg. Annual Appreciation
-13.05%

Purchase Details

Closed on
Sep 13, 2023
Sold by
Hayes Douglas
Bought by
Douglas E Hayes Living Trust and Hayes

Purchase Details

Listed on
Mar 27, 2018
Closed on
Jun 23, 2018
Sold by
Rinehart Marlin B and Rinehart Susan M
Bought by
Hayes Douglas
Seller's Agent
Gail Spreen
Jameson Sotheby's Intl Realty
Buyer's Agent
Karen Randich Stone
Golub & Company of Illinois LLC
List Price
$679,900
Sold Price
$675,000
Premium/Discount to List
-$4,900
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.76%
Original Mortgage
$500,000
Interest Rate
4.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2008
Sold by
Cfp Fairbanks Llc
Bought by
Rinehart Marlin B and Rinehart Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,175
Interest Rate
6%
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
Cass Douglas $725,000 None Listed On Document
Douglas E Hayes Living Trust -- None Listed On Document
Douglas E Hayes Living Trust -- None Listed On Document
Hayes Douglas $675,000 Attorney
Rinehart Marlin B $579,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Douglas $500,000
Previous Owner Rinehart Marlin B $434,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2024 02/26/24 Sold $725,000 -6.5% $669 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
07/18/2023 07/18/23 For Sale $775,000 +14.8% $716 / Sq Ft
06/29/2018 06/29/18 Sold $675,000 -0.7% $623 / Sq Ft View Prior Sale
05/02/2018 05/02/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $679,900 -- $628 / 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 $10,132 $49,091 $8,051 $41,040
2024 $10,132 $49,091 $8,051 $41,040
2023 $9,877 $48,025 $6,493 $41,532
2022 $9,877 $48,025 $6,493 $41,532
2021 $9,657 $48,023 $6,492 $41,531
2020 $10,696 $48,013 $5,008 $43,005
2019 $10,473 $52,127 $5,008 $47,119
2018 $10,297 $52,127 $5,008 $47,119
2017 $9,669 $44,914 $2,027 $42,887
2016 $8,996 $44,914 $2,027 $42,887
2015 $8,230 $44,914 $2,027 $42,887
2014 $6,488 $34,969 $1,576 $33,393
2013 $6,360 $34,969 $1,576 $33,393
Source: Public Records

Agents Affiliated with this Home

  • Sharon Gillman

    Seller's Agent in 2024

    Sharon Gillman

    Compass

    (312) 925-2700

    3 in this area

    85 Total Sales

    Sharon Gillman
    Section Image
  • Marissa Schaefer

    Seller Co-Listing Agent in 2024

    Marissa Schaefer

    Compass

    (312) 560-8400

    2 in this area

    40 Total Sales

    Marissa Schaefer
    Section Image
  • Juana Honeycutt

    Buyer's Agent in 2024

    Juana Honeycutt

    Compass

    (773) 968-6625

    7 in this area

    159 Total Sales

    Juana Honeycutt
    Section Image
  • Gail Spreen

    Seller's Agent in 2018

    Gail Spreen

    Jameson Sotheby's Intl Realty

    (312) 755-9999

    203 in this area

    253 Total Sales

    Gail Spreen
    Section Image
  • Karen Randich Stone

    Buyer's Agent in 2018

    Karen Randich Stone

    Golub & Company of Illinois LLC

    51 Total Sales

    Karen Randich Stone
    Section Image
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About The Fairbanks at Cityfront Plaza

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11835236

Midwest Real Estate Data (MRED)

APN: 17-10-212-040-1126

Illinois Cook County Chicago 60611 Streeterville

240 E Illinois St Unit 906, Chicago, IL

Not Listed 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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