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$739,900
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Property Description
Opportunity To Own One Of The Best Corner Unit in 240 E Illinois! Wall Of Windows With Motorized Blinds and 100K+ in Upgrades. Amazing Views. Amazing Sun Light From South and West Exposure. 2 Bedroom 2 Bathroom + Office Nook With Custom Built Ins. Brazilian Cherry Hardwood Floors Throughout The Home. Split Style Floor Plan. Renovated Bathroom, Built in Wine Cooler, Floor To Ceiling Windows, True 9 Foot + Ceilings, Luxury Appliances, Granite. Bathroom Features Marble, Double Vanity and Jacuzzi. 240 Illinois Is A Full Amenity Building With 2 Fitness Centers, Sauna, Pool + Sun Deck, Amazing Party Room, Building Dry Cleaners, 24 Hour Door Man, Theatre Room, Clean Business Center and A Dog Run. Whole Foods in The Building! Michigan Ave and All The Shopping Is Walking Distance Away. Restaurants, Lake, Bike Trails All Within Minutes Away! Unit Has An Extra Wide Premium Parking Spot Right Next To The Elevator Worth 60K (Included in The Price)!! Amazing Views Of Historic Chicago River, Wrigley Clock, Nbc Tower. Luxury Building. Luxury Finishes. Luxury Views.
Full Property Details
Full Property Details for 240 E Illinois St #2501
General
- Price: $739,900
- HOA FEE: $1,193/month
- Taxes: $12,015 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12725816
- Updated: 8/13/2026
- Added to Site: 9 day(s) ago
Interior
- Basement: None
- Interior Features: Cathedral Ceiling(s), Elevator, Storage
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sink
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, Health Club, On-Site Manager/Engineer, Party Room, Pool, Receiving Room, Service Elevator(s), Valet/Cleaner, Business Center
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage, Yes, Garage Owned, Attached
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Driving Directions: 2 blocks east of Michigan Ave on the Illinois Street private cul-de-sac
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, Air Conditioning, Water, Gas, Insurance, Doorman, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Deposit Required, Dogs OK, Number Limit, Size
- Pet Restrictions: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit, / 40lbs.
- Mgmt. Company: First Service Residential
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Block, Glass, Stone
- Exterior Const.: Block, Glass, Stone
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Other
- Common Walls: End Unit
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 20
- Stories/Levels: 1
- Square Feet: 1,521
- Sq. Ft. Source: Estimated
- Year Built: 2007
Unit Information
- Units in Building: 281
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size
Financial Considerations
- Association Fee: $1,193
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2007
- Tax Amount: $12,015
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17102120401171
Listed by Property Economics Inc.
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Schools
Schools serving 240 E Illinois St #2501
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 #2501
Date
Details
Price
Change
Source
8/05/2026
Listed
$739,900
23.32%
MLS
5/31/2011
Sold
$600,000
—
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 #2501
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,015
—
$61,600
2%
2023
$12,015
3%
$60,261
—
2022
$11,691
2%
$60,261
—
2021
$11,448
-10%
$60,261
—
2020
$12,730
-3%
$60,247
-8%
2019
$13,142
2%
$65,409
—
2018
$12,920
6%
$65,409
16%
2017
$12,132
7%
$56,359
—
2016
$11,288
9%
$56,359
—
2015
$10,328
27%
$56,359
28%
2014
$8,141
2%
$43,880
—
2013
$7,981
1%
$43,880
—
2012
$7,874
—
$43,881
—
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 #2501
240 E Illinois Street #2501, Chicago, IL 60611 (MLS# 12725816) is a Condo property with 2 bedrooms and 2 full bathrooms. 240 E Illinois Street #2501 is currently listed for $739,900 and was received on August 05, 2026. Want to learn more about 240 E Illinois Street #2501? 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.

