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$745,000 Just Listed
Property Description
Perched high above the city in one of Streeterville's most sought-after buildings, this rarely available corner residence offers breathtaking skyline views from every room through dramatic floor-to-ceiling windows. Flooded with natural light, the home combines sleek contemporary style with thoughtful updates throughout, including refinished white kitchen cabinetry, rich hardwood flooring, and freshly painted interiors. The open-concept layout is ideal for modern living and entertaining, anchored by a spacious kitchen with an oversized peninsula, ample prep space, and premium stainless-steel appliances, including a gas cooktop with vent hood and a counter-depth refrigerator. A separate office nook creates the perfect work-from-home setup without sacrificing living space. The expansive primary suite features custom closet organizers, dual vanities, and a large glass shower, while the second bath is equally polished with timeless stone finishes. Residents of The Fairbanks enjoy an unmatched collection of amenities, including a resort-style outdoor pool and sundeck, fitness center, dog run, business center, media lounge, dry cleaning service, and 24-hour door staff. Tucked away on a quiet cul-de-sac in the heart of Streeterville, this prime location places you moments from Michigan Avenue, the lakefront, Millennium Park, and some of Chicago's finest dining and shopping destinations. Garage parking available for an additional $40,000.
Full Property Details
Full Property Details for 240 E Illinois St #1511
General
- Price: $745,000
- HOA FEE: $1,288/month
- Taxes: $12,232 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12701277
- Updated: 7/10/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: None
- Interior Features: Storage, Walk-In Closet(s), Open Floorplan, Doorman, Granite Counters, Health Facilities, Lobby
- Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop, Gas Oven
- Flooring: Hardwood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s), Valet/Cleaner, Business Center, Elevator(s), High Speed Conn.
- Equipment: Cable TV, Fire Sprinklers
- Other Features: Commuter Bus, Interstate Access
Exterior
- Exterior Features: Balcony, Roof Deck, Dog Run, Outdoor Grill
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Yes, Deeded, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Township: Lake View
- Driving Directions: Entrance Located on UPPER Illinois St. Take Columbus to Water St (Head West). North on City Front Plaza Drive and East on Upper Illinois St.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Ogden Elementary
- Middle School: Ogden Elementary
- High School: Wells Community Academy Senior H
- Private School: Wells Community Academy Senior H
Community
- Assoc. Fees Include: Heat, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit, Size Limit
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 40lbs.
- Mgmt. Company: FS Residential
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Individual Controls
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
- Onsite: Cable Available
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Glass, Concrete
- Exterior Const.: Glass, Concrete
- Basement Desc.: None
- Common Walls: End Unit
- Windows: Screens
- Sub-Flooring: Hardwood, Carpet
- Entry Floor Number: 15
- Stories/Levels: 31
- Square Feet: 1,473
- Sq. Ft. Source: Plans
- Year Built: 2007
Unit Information
- Units in Building: 281
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Cul-De-Sac
Animals
- Animals Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Financial Considerations
- Association Fee: $1,288
- Assoc Fee Freq.: Monthly
- Deeded Garage Cost: $40,000
- Assessment Year: 2007
- Tax Amount: $12,232.12
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17102120401098
Listed by Baird & Warner Fox Valley - Geneva
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Schools
Schools serving 240 E Illinois St #1511
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 & Sales History for 240 E Illinois St #1511
Date
Details
Price
Change
Source
7/10/2026
Listed
$745,000
-3.25%
MLS
12/21/2018
Sold
$770,000
—
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 #1511
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,791
—
$66,814
2%
2023
$13,790
3%
$65,361
—
2022
$13,444
2%
$65,361
—
2021
$13,143
-10%
$65,361
—
2020
$14,557
2%
$65,347
-8%
2019
$14,254
7%
$70,946
—
2018
$13,336
7%
$70,946
16%
2017
$12,433
6%
$61,129
—
2016
$11,743
10%
$61,129
—
2015
$10,721
28%
$61,129
28%
2014
$8,354
2%
$47,595
—
2013
$8,178
1%
$47,595
—
2012
$8,093
—
$47,596
—
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 #1511
240 E Illinois Street #1511, Chicago, IL 60611 (MLS# 12701277) is a Condo property with 2 bedrooms and 2 full bathrooms. 240 E Illinois Street #1511 is currently listed for $745,000 and was received on July 10, 2026. Want to learn more about 240 E Illinois Street #1511? 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.
