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Active
    • Price cut: $12K (7/10)
    $745,000

    240 E Illinois St APT 1511, Chicago, IL 60611

    2beds
    1,473sqft
    : 
    $6,947/mo
    Get pre-qualified
    Condominium, Single Family Residence
    Built in 2007
    -- sqft lot
    $731,400 Zestimate®
    $506/sqft
    $1,288/mo HOA

    What's special

    Sleek contemporary styleDramatic floor-to-ceiling windowsCorner residenceSeparate office nookExpansive primary suiteFlooded with natural lightAmple prep space
    Perched high above the city in one of Streeterville's most sought-after buildings, this rarely available corner residence offers breathtaking skyline views from every room through dramatic floor-to-ceiling windows. Flooded with natural light, the home combines sleek contemporary style with thoughtful updates throughout, including refinished white kitchen cabinetry, rich hardwood flooring, and freshly painted interiors. The open-concept layout is ideal for modern living and entertaining, anchored by a spacious kitchen with an oversized peninsula, ample prep space, and premium stainless-steel appliances, including a gas cooktop with vent hood and a counter-depth refrigerator. A separate office nook creates the perfect work-from-home setup without sacrificing living space. The expansive primary suite features custom closet organizers, dual vanities, and a large glass shower, while the second bath is equally polished with timeless stone finishes. Residents of The Fairbanks enjoy an unmatched collection of amenities, including a resort-style outdoor pool and sundeck, fitness center, dog run, business center, media lounge, dry cleaning service, and 24-hour door staff. Tucked away on a quiet cul-de-sac in the heart of Streeterville, this prime location places you moments from Michigan Avenue, the lakefront, Millennium Park, and some of Chicago's finest dining and shopping destinations. Garage parking available for an additional $40,000.
    27 days
    |
    734
    |
    39
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynn Purcell 630-377-1855,

    Baird & Warner Fox Valley - Geneva,

    Eric Purcell,

    Baird & Warner Fox Valley - Geneva

    Source: MRED as distributed by MLS GRID,MLS#: 12701277MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Balcony/Porch/Lanai, Foyer, Office, Walk In Closet
      Primary bedroom
      • Features: Flooring (Carpet), Window Treatments (Window Treatments), Bathroom (Full)
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12X14
      Bedroom 2
      • Features: Flooring (Carpet), Window Treatments (Window Treatments)
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 11X10
      Balcony porch lanai
      • Level: Main
      • Area: 40 Square Feet
      • Dimensions: 08X05
      Dining room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Dimensions: COMBO
      Foyer
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 20 Square Feet
      • Dimensions: 05X04
      Kitchen
      • Features: Kitchen (Eating Area-Breakfast Bar, Granite Counters), Flooring (Hardwood)
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 12X10
      Laundry
      • Level: Main
      • Area: 12 Square Feet
      • Dimensions: 04X03
      Living room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 350 Square Feet
      • Dimensions: 25X14
      Office
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 40 Square Feet
      • Dimensions: 08X05
      Walk in closet
      • Features: Flooring (Carpet)
      • Level: Main
      • Area: 55 Square Feet
      • Dimensions: 11X05
      Heating
      • Forced Air, Indv Controls
      Cooling
      • Central Air
      Appliances
      • Included: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop, Gas Oven
      • Laundry: Washer Hookup, In Unit, Laundry Closet
      Features
      • Storage, Walk-In Closet(s), Open Floorplan, Doorman, Granite Counters, Health Facilities, Lobby
      • Flooring: Hardwood, Carpet
      • Windows: Screens
      • Basement: None
      • Common walls with other units/homes: End Unit
      Interior area
      • Total structure area: 0
      • Total interior livable area: 1,473 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage Door Opener, Yes, Deeded, Attached, Garage
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Patio & porch: Roof Deck, Deck
      • Exterior features: Balcony, Dog Run, Outdoor Grill
      • Pool features: In Ground
      Lot
      • Features: Cul-De-Sac
      Details
      • Parcel number: 17102120401098
      • Special conditions: None
      • Other equipment: TV-Cable

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Single Family Residence
      Materials
      • Glass, Concrete
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Lake Michigan, Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Fire Sprinkler System
      HOA
      • Has HOA: Yes
      • Amenities included: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s), Valet/Cleaner, Business Center, Elevator(s), High Speed Conn.
      • Services included: Heat, Water, Insurance, Doorman, Cable TV, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
      • HOA fee: $1,288 monthly
      Location
      • Region: Chicago

      Financial & listing details

      • Price per square foot: $506/sqft
      • Tax assessed value: $668,140
      • Annual tax amount: $12,232
      • Date on market: 7/10/2026
      • Ownership: Condo

        Estimated market value

        $731,400

        $695,000 - $768,000

        $5,541/mo

        Price history

        DateEventPrice
        7/10/2026Price change$745,000-1.6%$506/sqft
        Source: MRED as distributed by MLS GRID #12701277 Report a problem
        5/23/2026Listed for sale$757,000+11.3%$514/sqft
        Source: MRED as distributed by MLS GRID #12649677 Report a problem
        12/7/2007Sold$680,000$462/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$13,423 -2.7%$66,814 +2.2%
        2023$13,791 +2.6%$65,361
        2022$13,444 +2.3%$65,361
        2021$13,143 -9.7%$65,361 +0%
        2020$14,557 +2.1%$65,347 -7.9%
        2019$14,254 +6.9%$70,946
        2018$13,336 +7.3%$70,946 +16.1%
        2017$12,433 +5.9%$61,129
        2016$11,743 +9.5%$61,129
        2015$10,721 +28.3%$61,129 +28.4%
        2014$8,354 +2.2%$47,595
        2013$8,178 +1%$47,595 0%
        2012$8,093 -18.4%$47,596 -24.8%
        2011$9,923 -0.7%$63,258
        2010$9,998 -0.6%$63,258 -2%
        2009$10,061 $64,520
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Streeterville

        Getting around

        98 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ogden Elementary
        • Middle: Ogden Elementary
        • High: Wells Community Academy Senior H
        • District: 299

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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