240 East Illinois #1511, Chicago IL 60611
$745,000

Request Private Showing

Property Description

Perched high above the city in one of Streeterville's most sought-after buildings, this rarely available corner residence offers breathtaking skyline views from every room through dramatic floor-to-ceiling windows. Flooded with natural light, the home combines sleek contemporary style with thoughtful updates throughout, including refinished white kitchen cabinetry, rich hardwood flooring, and freshly painted interiors. The open-concept layout is ideal for modern living and entertaining, anchored by a spacious kitchen with an oversized peninsula, ample prep space, and premium stainless-steel appliances, including a gas cooktop with vent hood and a counter-depth refrigerator. A separate office nook creates the perfect work-from-home setup without sacrificing living space. The expansive primary suite features custom closet organizers, dual vanities, and a large glass shower, while the second bath is equally polished with timeless stone finishes. Residents of The Fairbanks enjoy an unmatched collection of amenities, including a resort-style outdoor pool and sundeck, fitness center, dog run, business center, media lounge, dry cleaning service, and 24-hour door staff. Tucked away on a quiet cul-de-sac in the heart of Streeterville, this prime location places you moments from Michigan Avenue, the lakefront, Millennium Park, and some of Chicago's finest dining and shopping destinations. Garage parking available for an additional $40,000.

Features & Information

Key Details

  • List Price $745,000
  • Property Taxes 12232.12
  • Unit Floor Level 15
  • Square Feet 1473
  • Price/ Sq. Ft. $505.77
  • Year Built 2007
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 6
  • Master Bedroom

  • Master Bath F
  • Room Size 12X14
  • Bedroom 2

  • Room Size 11X10
  • Floor Level Main Level
  • Flooring Carpet
  • Living Room

  • Room Size 25X14
  • Floor Level Main Level
  • Flooring Hardwood
  • Dining Room

  • Room Size COMBO
  • Floor Level Main Level
  • Flooring Hardwood
  • Kitchen

  • Room Size 12X10
  • Kitchen Type Eating Area-Breakfast Bar,Granite Counters
  • Floor Level Main Level
  • Flooring Hardwood

Additional Rooms

  • Additional Room 1

  • Additional Room 1 Name Foyer
  • Additional Room Size 05X04
  • Additional Room Level Main Level
  • Additional Room Flooring Hardwood
  • Additional Room 2

  • Additional Room 2 Name Walk in Closet
  • Additional Room Size 11X05
  • Additional Room Level Main Level
  • Additional Room Flooring Carpet

Interior Features

  • Appliances

  • Appliances Included Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Range Hood, Gas Cooktop, Gas Oven
  • Heating & Cooling

  • Heating Type Forced Air, Indv Controls

Exterior Features

  • Parking

  • Parking Garage
  • # of Cars 1
  • Garage Features Garage Door Opener(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, Sauna, Service Elevator, Valet/Cleaner, Business Center, Elevator(s),High Speed Conn.
  • Exposure S (South),E (East),City,Lake/Water
  • Pets

  • Pets Allowed? Y
  • Pet Types Cats OK,Dogs OK,Pet Count Limitation,Pet Weight Limitation

Location

  • County Cook
  • Township Lake View
  • Corporate Limits Chicago
  • Directions to Property Entrance Located On Upper Illinois St. Take Columbus To Water St (head West). North On City Front Plaza Drive And East On Upper Illinois St.
  • Schools

  • Elementary School District 299
  • School Name Ogden Elementary
  • Junior High District 299
  • School Name Ogden Elementary
  • High School District 299
  • School Name Wells Community Academy S
  • Property Taxes

  • Tax 12232.12
  • Tax Year 2024
  • Tax Exemptions Homeowner,Senior
  • Parcel Identification Number 17102120401098

Utilities

  • Sewer Sewer-Publ

Listed by: Baird & Warner Fox Valley - Geneva | Phone: 630.377.1855
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 7/13/2026 8:02 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
${ formatCurrency(price) }
${ selectedInterestRate }%
${ downPaymentPercent }%

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.

Ask a Question 240 East Illinois #1511, Chicago IL 60611

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Request a tour 240 East Illinois #1511, Chicago IL 60611

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Share this Listing