240 East Illinois #3001, Chicago IL 60611
- Bedrooms 3
- Bathrooms 2
- Taxes $15,235.45
- HOA $1,454
- Payment Estimate View Mortgage Calculator
Request Private Showing
Property Description
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).
Features & Information
Key Details
- List Price $950,000
- Property Taxes 15235.45
- Unit Floor Level 30
- Square Feet 1673
- Price/ Sq. Ft. $567.84
- Year Built 2007
- Parking Type Garage
- Status Price Change
Rooms
- Total Rooms 6
-
Master Bedroom
- Master Bath F
- Room Size 17X19
-
Bedroom 2
- Room Size 16X12
- Floor Level Main Level
- Flooring Hardwood
-
Bedroom 3
- Room Size 12X12
- Floor Level Main Level
- Flooring Hardwood
-
Living Room
- Room Size 25X16
- Floor Level Main Level
- Flooring Hardwood
-
Dining Room
- Room Size COMBO
- Floor Level Main Level
- Flooring Hardwood
-
Kitchen
- Room Size 11X13
- Kitchen Type Eating Area-Breakfast Bar
- Floor Level Main Level
- Flooring Hardwood
Interior Features
-
Appliances
- Appliances Included Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
-
Heating & Cooling
- Heating Type Forced Air
Exterior Features
-
Parking
- Parking Garage
- # of Cars 1
- Garage Features Transmitter(s)
Building Information
- Number of Units 281
- Age of Building 16-20 Years
- Exterior Construction Glass,Concrete
- Common Area Amenities Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Outdoors, Receiving Room, Valet/Cleaner
- Exposure S (South),W (West),City
-
Pets
- Pets Allowed? Y
- Pet Types Cats OK,Deposit Required,Dogs OK,Pet Count Limitation,Pet Weight Limitation
Location
- County Cook
- Township North Chicago
- Corporate Limits Chicago
- Directions to Property From Michigan Avenue, Head East On Upper Illinois Street For Approximately Two Blocks. The Building Is Located At 240 E. Illinois Street.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District 299
-
Property Taxes
- Tax 15235.45
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 17102120401222
Utilities
- Sewer Sewer-Publ
Listed by: Compass | Phone: 773.466.7150
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 7/27/2026 3:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Streeterville
Flanked on one side by the crowded sidewalks of Michigan Avenue and the wide open waters of Lake Michigan on the other, Streeterville is home some of the biggest attractions and most visited sites in Chicago. Shop the Magnificent Mile, ride the Ferris wheel at Navy Pier, get culture at the Museum of Contemporary Art and enjoy the vistas from the 94th-floor Observatory at the John Hancock Center, all within a few blocks from your front door. Residents like the architectural grandeur of this small, near north side Chicago neighborhood which also includes iconoclastic landmarks like the ornate Tribune Tower and the Water Tower Place. For living space, towering condominium high-rises are the norm, offering homeowners a high-end lifestyle with a view. Giving up the height but keeping the luxury, three- and four-story brown- and graystones make up the rest of Streeterville real estate. Needless to say, the neighborhood has the best shopping in Chicago with its Mag Mile retailers and flagship department stores. The Streeterville cuisine is just as sought-after, boasting reservation-required restaurants and more casual, family-friendly joints.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.