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$525,000 Sale Pending
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Property Description
Immerse yourself in an elevated expression of urban sophistication in this southeast corner loft-inspired residence, a luminous 2-bedroom, 2-bath sanctuary tucked within the heart of Streeterville. From the moment you step inside, the home reveals a harmonious blend of modern elegance and effortless livability. An expansive open layout anchors the interiors, where the kitchen, dining area, and living room converge in one continuous, beautifully scaled space ideal for both intimate gatherings and refined entertaining. The chef's kitchen stands as its own sculptural centerpiece-an oversized island, sleek stainless-steel appliances, and a gas range with designer venting all framed by clean architectural lines. The tranquil primary suite evokes a boutique-hotel sensibility, offering two generous closets, balcony access, and a spa-inspired en-suite bath appointed with dual vanities, a separate glass-enclosed shower, and a deep soaking tub. A spacious secondary bedroom accommodates a queen bed with ease, making it perfect for guests or a thoughtfully designed home office. Throughout the home, rich hardwood floors, a striking fireplace, custom closet build-outs, an in-unit washer/dryer, and abundant pantry storage elevate everyday living. The full-amenity building enhances the lifestyle further with a 24-hour door person, outdoor pool, state-of-the-art fitness center, dedicated cardio room, business and media lounges, and even a private dog run-all complemented by the convenience of Whole Foods just steps away. Set within one of Chicago's most dynamic neighborhoods, residents enjoy walkable access to the lakefront, the Riverwalk, Northwestern Memorial Hospital, Navy Pier, the Magnificent Mile, and countless cultural destinations. Parking available for an additional $40,000.
Full Property Details
Full Property Details for 240 E Illinois St #607
General
- Price: $525,000
- HOA FEE: $1,494/month
- Taxes: $10,777 (2024)
- Status: Pending
- Type: Condo
- Source: MRED
- MLS ID: 12530118
- Updated: 1/8/2026
- Added to Site: 37 day(s) ago
Interior
- Basement: None
- Interior Features: Storage, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas Log, Gas Starter
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Separate Shower, Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On-Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner, Business Center
- Other Features: Commuter Bus, Interstate Access
Exterior
- Exterior Features: Balcony, Roof Deck, Dog Run
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Deeded, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Subdivision: Fairbanks at Cityfront
- Driving Directions: Upper Illinois Street, located east of Michigan Avenue and just west of Fairbanks.
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, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Additional Pet Rent, Cats OK, Dogs OK, Number Limit, S
- Pet Restrictions: Additional Pet Rent, Cats OK, Dogs OK, Number Limit, Size Limit, / 999lbs.
- 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, Public
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Model: 07 TIER
- Construction: Glass, Concrete
- Exterior Const.: Glass, Concrete
- Basement Desc.: None
- Foundation: Reinforced Caisson
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Entry Floor Number: 6
- Stories/Levels: 31
- Square Feet: 1,494
- Sq. Ft. Source: Builder
- Year Built: 2008
Unit Information
- Units in Building: 281
Manufactured Home
- Model: 07 TIER
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds
Animals
- Animals Allowed: Additional Pet Rent, Cats OK, Dogs OK, Number Limit, S
Financial Considerations
- Association Fee: $1,494
- Assoc Fee Freq.: Monthly
- Deeded Garage Cost: $40,000
- Assessment Year: 2008
- Tax Amount: $10,777.4
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17102120311021
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Schools
Schools serving 240 E Illinois St #607
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 #607
Date
Details
Price
Change
Source
12/10/2025
Listed
$525,000
6.92%
MLS
7/07/2021
Sold
$491,000
—
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 #607
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,026
3%
$50,833
—
2022
$9,752
2%
$50,833
—
2021
$9,552
-12%
$50,833
-2%
2020
$10,894
2%
$52,003
-8%
2019
$10,654
2%
$56,459
—
2018
$10,474
9%
$56,459
18%
2017
$9,607
5%
$48,001
—
2016
$9,114
10%
$48,001
—
2015
$8,315
14%
$48,001
15%
2014
$7,301
2%
$41,921
—
2013
$7,146
1%
$41,921
—
2012
$7,075
—
$41,922
—
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 #607
240 E Illinois Street #607, Chicago, IL 60611 (MLS# 12530118) is a Condo property with 2 bedrooms and 2 full bathrooms. 240 E Illinois Street #607 is currently listed for $525,000 and was received on December 10, 2025. Want to learn more about 240 E Illinois Street #607? 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.

