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Pending
    • $695,000

    240 E Illinois St APT 2505, Chicago, IL 60611

    2beds
    1,310sqft
    : 
    $6,431/mo
    Get pre-qualified
    Condominium, Single Family Residence
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $531/sqft
    $1,152/mo HOA

    What's special

    Outdoor poolLarge kitchenDog runSuite of stainless-steel appliancesSplit-bedroom floor planBright and inviting atmosphereLinen storage
    All south-facing two-bedroom plus den, two-bath residence at The Fairbanks. This well-maintained condo offers an ideal Streeterville location within a full-amenity building. The spacious living and dining area is flooded with natural light through floor-to-ceiling windows, creating a bright and inviting atmosphere perfect for relaxing or entertaining, with ample room for a full living room setup and dedicated dining area. The large kitchen features full-height upper cabinets, stone countertops with a breakfast bar and seating for bar stools, a suite of stainless-steel appliances, and plenty of space for preparing your favorite meals. The split-bedroom floor plan provides both privacy and functionality. The primary suite is situated on one side of the home and showcases a wall of windows, professionally built-out double closets, and a connected stone bath with double sinks, linen storage, and a 60" walk-in shower with body sprays, and glass doors. On the opposite side, the second bedroom features a wall of windows and a fully built-out closet system. The den is perfect for a work-from-home setup or flexible living space, complete with a closet and a built-in desk with file drawers and shelving. Hardwood floors throughout enhance the home's overall aesthetic. Enjoy a private south-facing balcony-perfect for grilling or relaxing on warm summer evenings. A full-size stackable washer and dryer add everyday convenience. This professionally managed, full-amenity building offers 24-hour door staff, an exercise room, outdoor pool, sundeck, landscaped park area with grilling stations, entertainment suite, conference room, theater room, dog run, and an on-site package room with dry cleaning services. Conveniently located just steps from Whole Foods, Target, Walgreens, a wide variety of dining options, and just blocks from the Northwestern Medical Campus. Deeded parking available for an additional $40,000.
    56 days
    |
    91
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Maier mmaier@bhhschicago.com,

    Berkshire Hathaway HomeServices Chicago

    Source: MRED as distributed by MLS GRID,MLS#: 12665039MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Den, Balcony/Porch/Lanai, Walk In Closet
      Primary bedroom
      • Features: Flooring (Hardwood), Window Treatments (Blinds), Bathroom (Full)
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12X12
      Bedroom 2
      • Features: Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10X12
      Balcony porch lanai
      • Features: Flooring (Other)
      • Level: Main
      • Area: 60 Square Feet
      • Dimensions: 10X6
      Den
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 90 Square Feet
      • Dimensions: 10X9
      Dining room
      • Features: Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Dimensions: COMBO
      Kitchen
      • Features: Kitchen (Eating Area-Breakfast Bar), Flooring (Hardwood)
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10X10
      Laundry
      • Features: Flooring (Tile)
      • Level: Main
      • Area: 9 Square Feet
      • Dimensions: 3X3
      Living room
      • Features: Flooring (Hardwood), Window Treatments (Blinds)
      • Level: Main
      • Area: 336 Square Feet
      • Dimensions: 14X24
      Walk in closet
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 20 Square Feet
      • Dimensions: 4X5
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Microwave
      • Laundry: Main Level, Washer Hookup, Gas Dryer Hookup, In Unit, Laundry Closet
      Features
      • Flooring: Hardwood
      • Basement: None
      Interior area
      • Total structure area: 0
      • Total interior livable area: 1,310 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Heated Garage, Yes, Deeded, Attached, Garage
      • Attached garage spaces: 1
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Patio & porch: Roof Deck, Deck
      • Exterior features: Balcony, Dog Run
      • Pool features: In Ground
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      Lot
      • Features: Common Grounds
      Details
      • Parcel number: 17102120401175
      • Special conditions: List Broker Must Accompany

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Single Family Residence
      Materials
      • Glass, Stone
      • Foundation: Reinforced Caisson
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      HOA
      • Has HOA: Yes
      • Amenities included: Door Person, Elevator in Residence, Exercise Room, Party Room, Pool, Sauna
      • Services included: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, Cable TV, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
      • HOA fee: $1,152 monthly
      Location
      • Region: Chicago

      Financial & listing details

      • Price per square foot: $531/sqft
      • Tax assessed value: $593,790
      • Annual tax amount: $11,267
      • Date on market: 6/4/2026
      • Ownership: Condo

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,929/mo

        Price history

        DateEventPrice
        7/20/2026Pending sale$695,000$531/sqft
        Source: MRED as distributed by MLS GRID #12665039 Report a problem
        7/1/2026Contingent$695,000$531/sqft
        Source: MRED as distributed by MLS GRID #12665039 Report a problem
        6/4/2026Listed for sale$695,000-0.6%$531/sqft
        Source: MRED as distributed by MLS GRID #12665039 Report a problem
        5/29/2026Listing removed$699,000$534/sqft
        Source: MRED as distributed by MLS GRID #12620713 Report a problem
        4/20/2026Listed for sale$699,000-10%$534/sqft
        Source: MRED as distributed by MLS GRID #12620713 Report a problem
        10/26/2024Listing removed$4,100$3/sqft
        Source: MRED as distributed by MLS GRID #12178137 Report a problem
        10/2/2024Listed for rent$4,100$3/sqft
        Source: MRED as distributed by MLS GRID #12178137 Report a problem
        3/6/2008Sold$776,500$593/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$11,268 -2.5%$59,379 +2.2%
        2023$11,557 +2.8%$58,088
        2022$11,244 +2.1%$58,088
        2021$11,011 -10.1%$58,088 +0%
        2020$12,247 +2.2%$58,077 -7.9%
        2019$11,979 +1.7%$63,052
        2018$11,776 +7.4%$63,052 +16.1%
        2017$10,968 +5.7%$54,327
        2016$10,381 +9.6%$54,327
        2015$9,475 +28.5%$54,327 +28.4%
        2014$7,372 +2.2%$42,299
        2013$7,215 +1%$42,299 0%
        2012$7,143 -18.7%$42,300 -24.8%
        2011$8,783 -0.8%$56,220
        2010$8,852 -1%$56,220 -2%
        2009$8,941 $57,341
        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
        • 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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