240 E Illinois Street # 3001
Chicago, IL, 60611 $ 1,000,000
Bedrooms3 Baths2.0 Sq 1,673 Monthly Estimate*
$ 6,314
for $1,000,000 with 3 bedrooms and 2 full baths. This 1,673 square foot condo was built in 2007.
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.
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Condo ActiveCondo,High Rise (7+ Stories),Penthouse
FeaturesGeneralLiving Area 1673
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator Freezer Washer Dryer Disposal Stainless Steel Appliance(s)
HOA Fee 1454
Garage Spaces 1
Association Fee Includes Heat Air Conditioning Water Gas Insurance Doorman TV/Cable Exercise Facilities Pool Exterior Maintenance Scavenger Snow Removal Internet
Construction Materials Glass Concrete
Pets Allowed Cats OK Deposit Required Dogs OK Number Limit Size Limit
Year Built 2007
Township North Chicago
Unit Number 3001
Tax Year 2024
Ownership Condo
Additional Parcels Description 17102120391196
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association 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
Subdivision Name Fairbanks at Cityfront
Total Rooms 6
Full Baths 2
Status New
Directions From Michigan Avenue head east on Upper Illinois Street for approximately two blocks. The building is located at 240 E. Illinois Street.
City Chicago
High School District 299
MLS Area CHI - Near North Side
Tax Annual Amount 15235.45
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo High Rise (7+ Stories) Penthouse
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InteriorInterior Amenities Walk-In Closet(s) High Ceilings Open Floorplan Granite Counters
Basement None
Flooring Hardwood
Total Stories 31
Half Baths 0
Laundry Features Washer Hookup Gas Dryer Hookup Electric Dryer Hookup In Unit Laundry Closet
Total Bedrooms 3
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 3
Bathroom Separate Shower Double Sink
Total Number of Units 281
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ExteriorExterior Amenities Balcony
Parking Features Garage Door Opener Yes Deeded Attached Garage
Water Source Lake Michigan
Total Parking 1
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesList Byrafael.murillo@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,314
- Monthly Property Taxes
- $1,270
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Chicago, IL
Average List Price $630,656
Percent of Sale Price 37%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/24/2026 | $1,000,000 | | Listed Price |