Date
Details
Price
Change
Source
3/23/2026
Listed
$3,650
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/29
$3,650
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Property Description
Spacious South-Facing One Bedroom 1.5 bath + Den at The Fairbanks, this beautifully maintained south-facing one bedroom plus den offers over 1,020 square feet of light-filled living space and stunning skyline views. Floor-to-ceiling windows, 9-foot ceilings, and rich hardwood floors create an open and airy feel throughout. The expansive living and dining area is perfect for both relaxing and entertaining, seamlessly flowing into the open kitchen featuring a breakfast bar and ample cabinetry. The generous primary suite boasts a wall of windows, space for a full king-sized bedroom set, and a luxurious stone bath complete with dual vanities, a soaking tub/shower and double closets. The versatile den is ideal for a home office, guest space, or reading nook. A powder room and in-unit washer and dryer add everyday convenience. The Fairbanks is a full-amenity, professionally managed building offering 24-hour door staff, a fitness center with cardio and weight rooms, sauna, outdoor pool with sundeck and grilling stations, and an entertainment room. Unbeatable location with elevator access to Whole Foods, steps to Michigan Avenue, two blocks to the lakefront, and just blocks from Northwestern Medical Campus. Available June 1
Full Property Details
Full Property Details for 240 E Illinois St #1509
General
- Rent: $3,650
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12598920
- Updated: 3/29/2026
- Added to Site: 11 day(s) ago
Rental Information
- Approvals: Move-In Fee, Move-Out Fee, Refundable Damage Deposit
- Lease/Rent Term: 12 Months
- Lease Includes: Cable TV, Gas, Heat, Water, Pool, Scavenger, Doorman, Exterior Maintenance, Snow Removal, Internet
- Date Available: 6/1/2026
Interior
- Basement: None
- Interior Features: Storage, High Ceilings
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Bathroom Features: Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Park, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s), Valet/Cleaner
- Equipment: Fire Sprinklers, Carbon Monoxide Detectors
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Yes, Leased, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Driving Directions: 2 BLOCKS EAST OF MICHIGAN AVE ON UPPER ILLINOIS
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Mgmt. Company: First Service Residential
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Stone
- Exterior Const.: Stone
- Basement Desc.: None
- Foundation: Reinforced Caisson
- Roof: Other
- Sub-Flooring: Laminate
- Entry Floor Number: 15
- Stories/Levels: 31
- Square Feet: 1,020
- Sq. Ft. Source: Estimated
- Year Built: 2007
Unit Information
- Units in Building: 281
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds
Financial Considerations
- Lease Price: $250
- Security Deposit: $3,650
- Assessment Year: 2007
- Pays Sewer: Public Sewer
Disclosures and Reports
- Special Conditions: List Broker Must Accompany
Listed by Berkshire Hathaway HomeServices Chicago
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Listing agent
— 240 E Illinois St #1509 —
Berkshire Hathaway HomeServices Chicago
mmaier@bhhschicago.com
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Schools
Schools serving 240 E Illinois St #1509
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 240 E Illinois St #1509
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- Condo
- Active
- Updated 1 day ago
- 1Bed
- 2Total Baths
- 1,000Sq. Ft.
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- Rental
- Active
- Updated 10 hours ago
- 3Beds
- 1Total Bath
- 1,300Sq. Ft.
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- Rental
- Active
- Updated 10 hours ago
- 3Beds
- 2Total Baths
- 1,200Sq. Ft.
240 E Illinois Street #1509, Chicago, IL 60611 (MLS# 12598920) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 240 E Illinois Street #1509 is currently listed for rent at $3,650 and was received on March 23, 2026. Want to learn more about 240 E Illinois Street #1509? Do you have questions about finding other real estate for sale or rent in Near North Side? You can browse all Near North Side rentals or contact a Coldwell Banker agent to request more information.