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  • $505,000

    240 E Illinois St APT 306, Chicago, IL 60611

    2beds
    1,314sqft
    Condominium, Apartment, Single Family Residence
    Built in 2005
    -- sqft lot
    $546,100 Zestimate®
    $384/sqft
    $4,703 Estimated rent

    Home value

    $546,100

    $508,000 - $584,000

    $4,703/mo

    Zestimate® history
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    What's special

    Outdoor poolNorth pierFloor to ceiling windowsElevator accessPrimary bedroomMagnificent mileMovie theater
    Attn: All Investors! Best priced 2 bedroom in the building! Welcome to The Lofts and Fairbanks at Cityfront Plaza. Investor Friendly 2-bedroom 2- Full bathroom + office nook cement loft located on a quiet cul-de-sac between Michigan Avenue (Mag Mile) & North/Navy Pier on Upper Illinois St. This spacious split 2-bedroom floorplan with both bedrooms fully enclosed is vacant and ready to be owner occupied or take advantage of Chicago's historically high rental market as an investment (no rental CAP in the Loft section of the building). Huge open kitchen concept complete with stainless steel appliances, oven hood, wrap around granite counter tops with breakfast bar, garbage disposal, and full backsplash. Ample size living room/dining room combo with dark hardwood throughout has floor to ceiling windows which open to a 32ft walk out balcony with stunning Southern city views both during the day and jaw dropping cityscape night views as well! Two large bedrooms including primary bedroom with en suite bathroom, dual sinks, marble countertops, glass stand up shower, and deep soaking tub. Bonus features for this unit include stunning built in wine bar, office nook with full size desk & three shelves, front-loading full-size washer/dryer, private storage closet off balcony, cage storage locker, sprinkler system, & professionally organized closets throughout. HOA fees include most utilities like heat/AC, water, gas, cable/internet...all you pay is electric! This full amenity building offers 24hr door staff, on site management & maintenance, outdoor pool/sun deck with grills & park bench terrace, 2 exercise facilities (weight room & cardio room), party room for events, Movie Theater, business center, and dog run all on one floor! This unit offers one deeded extra-large end garage parking space with no car on one side and secured entry from the rest of the garage for an additional 45k. The building is also attached to Whole Foods & Planet Fitness (elevator access) and offers a green grass park across the street. Walk to all the City of Chicago has to offer including the iconic shopping mecca the "Magnificent Mile" at the corner (Hugo Boss, Nordstrom, Saks Fifth Ave, Cartier, Rolex, Water Tower, etc...) or Walk East down the stairs to North Pier/Navy Pier (Target, Walgreens, AMC Movies, etc...). Just steps to restaurants, nightlife, The Loop, and lakefront fun like fireworks, Ferris wheel, food trucks, boat rides, biking, concerts, and so much more! A true Chicago City Experience!

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Basile Jr. 773-636-2336,

    312 Estates LLC

    Bought with:

    Peter Basile Jr.

    312 Estates LLC

    Source: MRED as distributed by MLS GRID,MLS#: 11872382MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Balcony/Porch/Lanai
    Primary bedroom
    • Features: Flooring (Hardwood), Bathroom (Full)
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14X11
    Bedroom 2
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14X11
    Balcony porch lanai
    • Features: Flooring (Other)
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 33X05
    Dining room
    • Level: Main
    • Dimensions: COMBO
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar), Flooring (Hardwood)
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14X11
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 440 Square Feet
    • Dimensions: 22X20
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
    • Laundry: Washer Hookup, Main Level
    Features
    • Elevator, Storage, Flexicore
    • Flooring: Hardwood
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,314 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, On Site, Deeded, Attached, Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Details
    • Additional parcels included: 17102120441072
    • Parcel number: 17102120311006
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Apartment, Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Pool, Receiving Room, Business Center, Picnic Area
    • Services included: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, Cable TV, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
    • HOA fee: $1,193 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $384/sqft
    • Tax assessed value: $503,750
    • Annual tax amount: $9,606
    • Date on market: 8/29/2023
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    9/29/2023Sold$505,000+8.6%$384/sqft
    Source: MRED as distributed by MLS GRID #11872382 Report a problem
    9/21/2023Pending sale$465,000$354/sqft
    Source: MRED as distributed by MLS GRID #11872382 Report a problem
    9/3/2023Contingent$465,000$354/sqft
    Source: MRED as distributed by MLS GRID #11872382 Report a problem
    8/29/2023Listed for sale$465,000$354/sqft
    Source: MRED as distributed by MLS GRID #11872382 Report a problem
    8/29/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11845350 Report a problem
    7/28/2023Listed for sale$465,000$354/sqft
    Source: MRED as distributed by MLS GRID #11845350 Report a problem
    7/28/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11824647 Report a problem
    7/19/2023Price change$465,000-1.1%$354/sqft
    Source: MRED as distributed by MLS GRID #11824647 Report a problem
    7/6/2023Listed for sale$470,000-0.9%$358/sqft
    Source: MRED as distributed by MLS GRID #11824647 Report a problem
    7/6/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11810378 Report a problem
    6/28/2023Price change$474,500-0.1%$361/sqft
    Source: MRED as distributed by MLS GRID #11810378 Report a problem
    6/16/2023Listed for sale$474,900$361/sqft
    Source: MRED as distributed by MLS GRID #11810378 Report a problem
    6/16/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11780114 Report a problem
    6/5/2023Price change$474,9000%$361/sqft
    Source: MRED as distributed by MLS GRID #11780114 Report a problem
    5/10/2023Listed for sale$475,000-14.1%$361/sqft
    Source: MRED as distributed by MLS GRID #11780114 Report a problem
    11/20/2018Listing removed$3,000$2/sqft
    Source: 312 Estates LLC #10131225 Report a problem
    10/23/2018Listed for rent$3,000$2/sqft
    Source: 312 Estates LLC #10118947 Report a problem
    11/7/2014Sold$553,000+21.5%$421/sqft
    Source: MRED as distributed by MLS GRID #08716975 Report a problem
    12/10/2013Sold$455,000-16.4%$346/sqft
    Source: Agent Provided Report a problem
    8/9/2007Sold$544,000$414/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,783 -7%$50,375 +12.5%
    2023$9,446 +2.6%$44,772
    2022$9,209 +2.3%$44,772
    2021$9,003 -11.6%$44,772 -2.1%
    2020$10,189 +2.1%$45,738 -7.9%
    2019$9,977 +1.7%$49,657
    2018$9,809 +7.9%$49,657 +17.6%
    2017$9,088 +7.5%$42,217
    2016$8,456 +9.3%$42,217
    2015$7,736 +13.1%$42,217 +14.5%
    2014$6,841 +9.8%$36,870
    2013$6,228 +1%$36,870 0%
    2012$6,169 -10.7%$36,871 -17.4%
    2011$6,907 -9%$44,641 -7.9%
    2010$7,593 -0.8%$48,480 -4.7%
    2009$7,657 +4.7%$50,884 -0.2%
    2008$7,315 $50,994
    Find assessor info on the county website

    Neighborhood: Streeterville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ogden Elementary
    • 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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    Estimated market value
    $546,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $546,100