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$725,000
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Property Description
**ONE OF THE LARGEST OVERSIZED NORTH FACING BALCONIES IN THE FAIRBANKS AT CITYFRONT PLAZA** One owner since built. This beautifully maintained 2-bedroom, 2-bath PLUS DEN has two renovated bathrooms and kitchen. The Fairbanks at Cityfront Plaza is a full amenity building with a 24 hour doorman. Featuring an open-concept living space, with stainless steel appliances, Italian kitchen cabinetry, built in coffee espresso machine and a private OVERSIZED terrace with north facing skyline views. The home offers tons of comfort and style. The primary suite includes a walk-in closet and en-suite large shower. The 2nd bathroom has a modern tub and shower. Enjoy access to premium amenities including a Whole Foods, fitness center, pool, dog run, party room, office space, and secured garage deeded parking. PARKING IS AN ADDITIONAL $35,000 to the asking price. Conveniently located near shopping, dining, public transportation and 3 blocks from the Lake. Don't miss this incredible opportunity!
Full Property Details
Full Property Details for 240 E Illinois St #1004
General
- Price: $725,000
- HOA FEE: $1,098/month
- Taxes: $12,584 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12363939
- Updated: 12/28/2025
- Added to Site: 248 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Driving Directions: Michigan avenue north or south to 500 north. Make the turn and go east to 240 east illinois. The property is Fairbanks at Cityfront Plaza.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / Nlbs.
- Mgmt. Company: FIRST SERVICE RESIDENTIAL
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Concrete, Other
- Exterior Const.: Concrete, Other
- Basement Desc.: None
- Entry Floor Number: 10
- Stories/Levels: 31
- Square Feet: 1,360
- Sq. Ft. Source: Estimated
- Year Built: 2007
Unit Information
- Units in Building: 281
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $1,098
- Assoc Fee Freq.: Monthly
- Assessment Year: 2007
- Tax Amount: $12,584
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17102120401004
Listed by Modern Realty Group
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Schools
Schools serving 240 E Illinois St #1004
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.7 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 240 E Illinois St #1004
Date
Details
Price
Change
Source
12/22/2025
Price Reduced
$725,000
-1.36%
MLS
11/12/2025
Price Reduced
$735,000
-4.55%
MLS
11/06/2025
Price Increased
$770,000
6.21%
MLS
8/18/2025
Price Reduced
$725,000
-5.84%
MLS
7/29/2025
Price Reduced
$770,000
-4.35%
MLS
6/23/2025
Price Reduced
$805,000
-2.42%
MLS
5/13/2025
Listed
$825,000
17.02%
MLS
6/04/2008
Sold
$705,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 240 E Illinois St #1004
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,584
3%
$59,641
—
2022
$12,267
2%
$59,641
—
2021
$11,993
-10%
$59,641
—
2020
$13,283
2%
$59,629
-8%
2019
$13,006
2%
$64,737
—
2018
$12,788
6%
$64,737
16%
2017
$12,008
7%
$55,779
—
2016
$11,172
9%
$55,779
—
2015
$10,221
27%
$55,779
28%
2014
$8,058
2%
$43,430
—
2013
$7,899
1%
$43,430
—
2012
$7,793
—
$43,430
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 240 E Illinois St #1004
240 E Illinois Street #1004, Chicago, IL 60611 (MLS# 12363939) is a Condo property with 2 bedrooms and 2 full bathrooms. 240 E Illinois Street #1004 is currently listed for $725,000 and was received on May 13, 2025. Want to learn more about 240 E Illinois Street #1004? Do you have questions about finding other Condo real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

