The Fairbanks at Cityfront Plaza 240 E Illinois St Chicago, IL 60611
Streeterville Neighborhood
1
Bed
2
Baths
1,050
Sq Ft
--
Built
About This Home
This home is located at 240 E Illinois St, Chicago, IL 60611. 240 E Illinois St is a home located in Cook County with nearby schools including Ogden Elementary School, Wells Community Academy High School, and Chicago International Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 18, 2015
Sold by
Optima Center Chicago Ii Llc
Bought by
Optima Center Chicago Ii Llc
Purchase Details
Closed on
Jun 1, 2015
Sold by
San Angelo Realty Llc
Bought by
Optima Center Chicago Ii Llc
Purchase Details
Closed on
Apr 24, 2013
Sold by
Lb Streeterville Llc
Bought by
Optima Center Chicago Ii Llc
Purchase Details
Closed on
Feb 19, 2008
Sold by
San Angelo Realty Llc
Bought by
San Angelo Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500,000
Interest Rate
5.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 27, 2007
Sold by
Lb Streeterville Llc
Bought by
San Angelo Realty Llc and Stein Jay D
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Optima Center Chicago Ii Llc | -- | None Available | |
| Optima Center Chicago Ii Llc | -- | None Available | |
| Optima Center Chicago Ii Llc | $29,000,000 | None Available | |
| San Angelo Realty Llc | -- | None Available | |
| San Angelo Realty Llc | $22,575,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | San Angelo Realty Llc | $12,500,000 |
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 | $3,903,318 | $18,670,639 | $15,849 | $18,654,790 |
| 2024 | $3,903,318 | $18,670,639 | $15,849 | $18,654,790 |
| 2023 | $3,805,122 | $18,500,001 | $15,849 | $18,484,152 |
| 2022 | $3,805,122 | $18,500,001 | $15,849 | $18,484,152 |
| 2021 | $3,720,180 | $18,500,000 | $15,848 | $18,484,152 |
| 2020 | $3,612,118 | $16,214,623 | $15,848 | $16,198,775 |
| 2019 | $3,257,719 | $16,214,623 | $15,848 | $16,198,775 |
| 2018 | $2,211,613 | $11,196,132 | $15,848 | $11,180,284 |
| 2017 | $308,583 | $1,433,469 | $15,848 | $1,417,621 |
| 2016 | $33,973 | $169,621 | $39,621 | $130,000 |
| 2015 | $31,082 | $169,621 | $39,621 | $130,000 |
| 2014 | $30,488 | $164,321 | $34,321 | $130,000 |
| 2013 | $29,886 | $164,321 | $34,321 | $130,000 |
Source: Public Records
About The Fairbanks at Cityfront Plaza
Map
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