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Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12685649MLS Provider

240 E Illinois Street #3001Chicago, IL 60611

Condo/Townhouse · 3 Beds · 2 Full Baths · 1,673 Sq. ft.
$1,000,000 Active

240 E Illinois Street #3001 Overview

Time on Site:
6 days
Visits:
0

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).

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240 E Illinois Street #3001 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,673
  • Price/Sq.ft. $598

Details

General

Association/HOA

  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Valet/Cleaner
  • Association Fee: $1,454.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 2007

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near North Side
  • Subdivision Name: Fairbanks at Cityfront
  • Township: North Chicago

Tax Information

  • Tax Annual Amount: $15,235.45
  • Tax Year: 2024

General Information

  • New Construction: No
  • Ownership: Condo
  • Parcel Number: 17102120401222
  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Property Type: Residential
  • Special Listing Conditions: List Broker Must Accompany

Interior

Building Information

  • Approx. Total Finished SqFt.: 1673
  • Disability Access: No
  • Total SqFt.: 1673

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

General Information

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Cooling: Central Air
  • Flooring: Hardwood
  • Heating: Forced Air
  • Interior Features: Walk-In Closet(s), High Ceilings, Open Floorplan, Granite Counters
  • Laundry Features: Washer Hookup,Gas Dryer Hookup,Electric Dryer Hookup,In Unit,Laundry Closet
  • Living Area: 1673
  • Living Area Source: Builder
  • Rooms Total: 6
  • Stories Total: 31
  • Window Features: All, Window Treatments

Unit Information

  • Unit Number: 3001

Exterior

Parking Information

  • Parking Features: Garage Door Opener, Yes, Deeded, Attached, Garage
  • Parking Total: 1

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: COMMON
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Glass, Concrete

General Information

  • Exterior Features: Balcony
  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 16X12

Room: Bedroom 3

  • Level: Main
  • Dimensions: 12X12

Room: Dining Room

  • Level: Main
  • Dimensions: COMBO

Room: Kitchen

  • Level: Main
  • Dimensions: 11X13

Room: Living Room

  • Level: Main
  • Dimensions: 25X16

Room: Master Bedroom

  • Level: Main
  • Dimensions: 17X19

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

240 E Illinois Street #3001 Neighborhood

Community

60611 (Chicago) Demographics

38
Median Age
24,146
Population Density (per sq. mile)
89%
College Educated
$108,413
Estimated Median Income
9,873
Estimated Total Home Owners
11,841
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

240 E Illinois Street #3001 Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

240 E Illinois Street #3001 Market Data

Based on the last 30 days in this zip code

$1,087,682
Average List Price
$635
Average Price per Square Foot
107
Properties Sold
90
Average Days on Market
560
Properties for Sale
Calculations provided by Reliance Network

240 E Illinois Street #3001 History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Added to Database
June 24, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022