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$1,000,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,673 Sq. Ft.
  • 1 Car Garage
  • Updated 1 day ago
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Perched atop The Fairbanks at Cityfront Plaza, one of Streeterville's most sought-after full-service residences, this sun-filled corner penthouse offers a rare combination of sophistication, comfort, and panoramic city views. Spanning 1,673 square feet, this highly upgraded three-bedroom, two-bathroom home is wrapped in floor-to-ceiling glass, showcasing breathtaking views of the Chicago River, Lake Michigan, Tribune Tower, Wrigley Building, and the city's iconic skyline from nearly every room. Thoughtfully designed for both entertaining and everyday living, the expansive open-concept floor plan is enhanced by soaring 10-foot ceilings, rich hardwood flooring throughout, and an abundance of natural light. At the heart of the home, the chef's kitchen is beautifully appointed with premium finishes, generous storage, and seamless flow into the living and dining spaces, creating an ideal setting for intimate gatherings and larger-scale entertaining alike. The living and dining areas open directly to a private balcony, seamlessly extending the living experience outdoors and providing a spectacular backdrop for morning coffee, evening cocktails, and Chicago's dazzling skyline. Privately positioned within the residence, the primary suite serves as a serene sanctuary above the city, complete with a spacious walk-in closet and a spa-inspired marble bath featuring dual vanities, a deep soaking tub, and an oversized glass-enclosed shower. A private balcony extends directly from the suite, creating an intimate outdoor retreat framed by sweeping skyline and lake views. Two additional bedrooms and a flexible home office alcove provide exceptional versatility for guests, family, or today's evolving lifestyle. Residents of The Fairbanks enjoy an impressive collection of amenities, including 24-hour door staff, an outdoor pool and sundeck, fitness center, resident lounge, business center, movie theater, and more. Perfectly positioned in the heart of Streeterville, just steps from Michigan Avenue, the Chicago Riverwalk, Lake Michigan, Whole Foods, Northwestern Memorial Hospital, Northwestern University, and some of the city's finest dining, shopping, and cultural attractions. Deeded garage parking available for an additional $50,000 (P-705).

Full Property Details for 240 E Illinois St #3001

General

  • Price: $1,000,000
  • HOA FEE: $1,454/month
  • Taxes: $15,235 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12685649
  • Updated: 6/30/2026
  • Added to Site: 13 day(s) ago

Interior

  • Basement: None
  • Interior Features: Walk-In Closet(s), High Ceilings, Open Floorplan, Granite Counters
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Separate Shower, Double Sink

Bedrooms

  • Total Bedrooms: 3

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, Valet/Cleaner

Exterior

  • Exterior Features: Balcony

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: North Chicago
  • Subdivision: Fairbanks at Cityfront
  • Driving Directions: From Michigan Avenue, head east on Upper Illinois Street for approximately two blocks. The building is located at 240 E. Illinois Street.

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, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet
  • 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, / 999lbs.
  • Mgmt. Company: Draper and Kramer

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo, High-Rise (7 or More Stories), Penthouse
  • Construction: Glass, Concrete
  • Exterior Const.: Glass, Concrete
  • Basement Desc.: None
  • Windows: All, Window Treatments
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 30
  • Stories/Levels: 31
  • Square Feet: 1,673
  • Sq. Ft. Source: Builder
  • 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

Water Features

  • Water View: Yes
  • Water Front View: Front of Property

Financial Considerations

  • Association Fee: $1,454
  • Assoc Fee Freq.: Monthly
  • Deeded Garage Cost: $50,000
  • Assessment Year: 2007
  • Tax Amount: $15,235.45
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17102120401222

Listed by Compass

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— 240 E Illinois St #3001 —

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Schools serving 240 E Illinois St #3001

School District:Chicago Public School District 299
NameGradesDistance
Ogden Elementary School
24 West Walton Street, Chicago, IL 60610
K-80.7 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-112.5 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 #3001 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/24/2026
Listed
$1,000,000
8.11%
MLS
6/03/2013
Sold
$925,000
—
Public Record
Get Price Alerts and Save Property
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 for 240 E Illinois St #3001

Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,652
—
$75,833
2%
2023
$15,652
3%
$74,184
—
2022
$15,258
2%
$74,184
—
2021
$14,918
-10%
$74,184
—
2020
$16,523
2%
$74,169
-8%
2019
$16,178
2%
$80,523
—
2018
$15,906
6%
$80,523
16%
2017
$14,936
7%
$69,381
—
2016
$13,896
9%
$69,381
—
2015
$12,714
27%
$69,381
28%
2014
$10,023
2%
$54,019
—
2013
$9,825
1%
$54,019
—
2012
$9,694
—
$54,020
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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240 E Illinois Street #3001, Chicago, IL 60611 (MLS# 12685649) is a Condo property with 3 bedrooms and 2 full bathrooms. 240 E Illinois Street #3001 is currently listed for $1,000,000 and was received on June 24, 2026. Want to learn more about 240 E Illinois Street #3001? 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.

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