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Active
    • Price cut: $50K (7/21)
    $950,000

    240 E Illinois St APT 3001, Chicago, IL 60611

    3beds
    1,673sqft
    : 
    $8,670/mo
    Get pre-qualified
    Condominium, Single Family Residence
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $568/sqft
    $1,454/mo HOA

    What's special

    Sun-filled corner penthouseFloor-to-ceiling glassTwo additional bedroomsOutdoor pool and sundeckPanoramic city viewsFlexible home office alcoveExpansive open-concept floor plan
    Perched atop The Fairbanks at Cityfront Plaza, one of Streeterville's most sought-after full-service residences, this sun-filled corner penthouse offers a rare combination of sophistication, comfort, and panoramic city views. Spanning 1,673 square feet, this highly upgraded three-bedroom, two-bathroom home is wrapped in floor-to-ceiling glass, showcasing breathtaking views of the Chicago River, Lake Michigan, Tribune Tower, Wrigley Building, and the city's iconic skyline from nearly every room. Thoughtfully designed for both entertaining and everyday living, the expansive open-concept floor plan is enhanced by soaring 10-foot ceilings, rich hardwood flooring throughout, and an abundance of natural light. At the heart of the home, the chef's kitchen is beautifully appointed with premium finishes, generous storage, and seamless flow into the living and dining spaces, creating an ideal setting for intimate gatherings and larger-scale entertaining alike. The living and dining areas open directly to a private balcony, seamlessly extending the living experience outdoors and providing a spectacular backdrop for morning coffee, evening cocktails, and Chicago's dazzling skyline. Privately positioned within the residence, the primary suite serves as a serene sanctuary above the city, complete with a spacious walk-in closet and a spa-inspired marble bath featuring dual vanities, a deep soaking tub, and an oversized glass-enclosed shower. A private balcony extends directly from the suite, creating an intimate outdoor retreat framed by sweeping skyline and lake views. Two additional bedrooms and a flexible home office alcove provide exceptional versatility for guests, family, or today's evolving lifestyle. Residents of The Fairbanks enjoy an impressive collection of amenities, including 24-hour door staff, an outdoor pool and sundeck, fitness center, resident lounge, business center, movie theater, and more. Perfectly positioned in the heart of Streeterville, just steps from Michigan Avenue, the Chicago Riverwalk, Lake Michigan, Whole Foods, Northwestern Memorial Hospital, Northwestern University, and some of the city's finest dining, shopping, and cultural attractions. Deeded garage parking available for an additional $50,000 (P-705).
    40 days
    |
    1,118
    |
    44
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rafael Murillo 312-375-4199,

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12685649MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: No additional rooms
      Primary bedroom
      • Features: Flooring (Hardwood), Window Treatments (All, Window Treatments), Bathroom (Full)
      • Level: Main
      • Area: 323 Square Feet
      • Dimensions: 17X19
      Bedroom 2
      • Features: Flooring (Hardwood), Window Treatments (All, Window Treatments)
      • Level: Main
      • Area: 192 Square Feet
      • Dimensions: 16X12
      Bedroom 3
      • Features: Flooring (Hardwood), Window Treatments (All, Window Treatments)
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12X12
      Dining room
      • Features: Flooring (Hardwood), Window Treatments (All, Window Treatments)
      • Level: Main
      • Dimensions: COMBO
      Kitchen
      • Features: Kitchen (Eating Area-Breakfast Bar), Flooring (Hardwood), Window Treatments (All, Window Treatments)
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 11X13
      Living room
      • Features: Flooring (Hardwood), Window Treatments (All, Window Treatments)
      • Level: Main
      • Area: 400 Square Feet
      • Dimensions: 25X16
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
      • Laundry: Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup, In Unit, Laundry Closet
      Features
      • Walk-In Closet(s), High Ceilings, Open Floorplan, Granite Counters
      • Flooring: Hardwood
      • Windows: All, Window Treatments
      • Basement: None
      Interior area
      • Total structure area: 1,673
      • Total interior livable area: 1,673 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
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Front of Property
      • Has water view: Yes
      • Water view: Front of Property
      Details
      • Additional parcels included: 17102120391196
      • Parcel number: 17102120401222
      • Special conditions: List Broker Must Accompany

      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

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Community
      • Subdivision: Fairbanks At Cityfront
      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, Valet/Cleaner
      • Services included: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, Cable TV, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet
      • HOA fee: $1,454 monthly
      Location
      • Region: Chicago

      Financial & listing details

      • Price per square foot: $568/sqft
      • Tax assessed value: $758,330
      • Annual tax amount: $15,235
      • Date on market: 6/24/2026
      • Ownership: Condo

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/21/2026Price change$950,000-5%$568/sqft
        Source: MRED as distributed by MLS GRID #12685649 Report a problem
        6/24/2026Listed for sale$1,000,000+8.1%$598/sqft
        Source: MRED as distributed by MLS GRID #12685649 Report a problem
        9/8/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/2/2022Listed for rent$6,670+39%$4/sqft
        Source: Zillow Rental Manager Report a problem
        6/26/2013Sold$925,000-2.6%$553/sqft
        Source: Agent Provided Report a problem
        4/22/2013Price change$949,900-4.9%$568/sqft
        Source: Dream Town Realty #08259093 Report a problem
        3/15/2013Price change$999,000-4.9%$597/sqft
        Source: Dream Town Realty #08259093 Report a problem
        1/30/2013Listed for sale$1,050,000+2.8%$628/sqft
        Source: Dream Town Realty #08259093 Report a problem
        12/31/2011Listing removed$4,800$3/sqft
        Source: Dream Town Realty #07903455 Report a problem
        12/9/2011Price change$4,800-2%$3/sqft
        Source: Dream Town Realty #07903455 Report a problem
        10/21/2011Price change$4,900-2%$3/sqft
        Source: Dream Town Realty #07903455 Report a problem
        9/15/2011Listed for rent$5,000$3/sqft
        Source: Dream Town Realty #07903455 Report a problem
        11/7/2008Sold$1,021,155$610/sqft
        Source: MRED as distributed by MLS GRID #06968429 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$15,235 -2.7%$75,833 +2.2%
        2023$15,652 +2.6%$74,184
        2022$15,258 +2.3%$74,184
        2021$14,918 -9.7%$74,184 +0%
        2020$16,523 +2.1%$74,169 -7.9%
        2019$16,178 +1.7%$80,523
        2018$15,906 +6.5%$80,523 +16.1%
        2017$14,936 +7.5%$69,381
        2016$13,896 +9.3%$69,381
        2015$12,714 +26.9%$69,381 +28.4%
        2014$10,023 +2%$54,019
        2013$9,825 +1.4%$54,019 0%
        2012$9,694 -16.7%$54,020 -24.8%
        2011$11,635 -0.4%$71,798
        2010$11,683 +2.3%$71,798 -2%
        2009$11,419 $73,229
        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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