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$700,000
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Property Description
South facing high floor 2 BEDROOM + OFFICE (or guest bedroom) | 2 BATHROOM rarely available 05 Tier, the most desirable at The Fairbanks. Flooded with sunlight in the days and picturesque skyline views day and night is a standout feature of this home. Views that encompass Lake Michigan, the Chicago River, and stunning architecture. Floor to 9.5 ceiling height windows. Kitchen features NEWly replaced stainless steel appliances SUB ZERO fridge , WOLF stove, FISHER PAYKEL dishwasher, granite countertops with full height backsplash. Oversized split bedroom floorpan with large open living area with attached balcony flooded with light. Remote electric shades on all windows......black out in bedrooms. Main Suite has double fully built out walk in closets with attached bathroom featuring double bowl vanity with frameless glass enclosed walk in shower and linen closet. Beautiful office with built-in desk and tons of storage. Full built out professionally organized closets throughout. No detail overlooked. Additional storage included. Full amenity building with 24 Hr doorstaff, pool, cardio room, weight room, party room, theater, sundeck, dog run, dry cleaners, and onsite mgmt M-F. Deeded garage parking space available for purchase. Whole Foods in base of building. Target one block away. Bennett Park with playground and dog park 2 blocks away. Lake Shore path 3 blocks away.
Full Property Details
Full Property Details for 240 E Illinois St #2705
General
- Sold For: $700,000
- HOA FEE: $1,151/month
- Taxes: $11,566 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12323365
- Added to Site: 334 day(s) ago
Interior
- Interior Features: Walk-In Closet(s), High Ceilings
- Appliances: Microwave, Dishwasher, Refrigerator, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Oven
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sink, Full Body Spray Shower
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Service Elevator(s), Valet/Cleaner, Business Center, High Speed Conn.
- Other Features: Commuter Bus, Commuter Train, Interstate Access, Non-Smoking Building
Exterior
- Exterior Features: Balcony, Dog Run
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Garage, On Site, Deeded, Attached
- Parking On-Site: Yes
Location
- Area: CHI - Near North Side
- County: Cook
- Driving Directions: Michigan Avenue to Illinois....East to address. Located on Upper Illinois just above the Whole Foods
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Ogden Elementary
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Snow Removal, Internet
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 75lbs.
- Mgmt. Company: FIRST RESIDENTIAL
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Steel Siding, Glass, Concrete
- Exterior Const.: Steel Siding, Glass, Concrete
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Sub-Flooring: Hardwood
- Entry Floor Number: 27
- Stories/Levels: 31
- Square Feet: 1,310
- Sq. Ft. Source: Builder
- Year Built: 2008
Unit Information
- Units in Building: 281
Lot Features
- Lot Dimensions: COMMON
Water Features
- Water View: Yes
- Water Front View: Front of Property
Financial Considerations
- Association Fee: $1,151
- Assoc Fee Freq.: Monthly
- Assessment Year: 2008
- Tax Amount: $11,566.51
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17102120401197
Listed by Genuine Real Estate Corp
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Schools
Schools serving 240 E Illinois St #2705
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 #2705
Date
Details
Price
Change
Source
6/23/2025
Sold
$700,000
-3.43%
MLS
3/27/2025
Listed
$724,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
240 E Illinois Street #2705, Chicago, IL 60611 (MLS# 12323365) is a Condo property that was sold at $700,000 on June 23, 2025. Want to learn more about 240 E Illinois Street #2705? 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.


