Active Under ContractPrice Reduced

$950,000

$1,000,000
240 Illinois Street, Chicago, IL 60611
3 Beds2 Baths1,673 sqft94 days
240 Illinois Street·Chicago, IL 60611
3Bedrooms
2Bathrooms
1,673Sq Ft
2007Year Built
About This Home

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).

MLS# 12685649Listed June 24, 2026ResidentialSubdivision: Fairbanks at Cityfront
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms6

Size & Structure

Living Area1,673 sqft
Stories31
Garage Spaces1
Year Built2007
Lot SizeCOMMON

Location

CountyCook
TownshipNorth Chicago
SubdivisionFairbanks at Cityfront
Zip Code60611

Financial

List Price$950,000
Original Price$1,000,000
Price / Sq Ft$568
Annual Taxes (2024)$15,235
Monthly Tax Est.$1,270
Parcel #17102120401222
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorFreezerWasherDryerDisposalStainless Steel Appliance(s)

Flooring

Hardwood

Heating

Forced Air

Cooling

Central Air

Basement

None

Laundry

Washer HookupGas Dryer HookupElectric Dryer HookupIn UnitLaundry Closet
Exterior & Lot

Construction

GlassConcrete

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerYesDeededAttachedGarage
HOA & Community
HOA Fee
$1,454
Monthly

HOA Includes

HeatAir ConditioningWaterGasInsuranceDoormanTV/CableExercise FacilitiesPoolExterior MaintenanceScavengerSnow RemovalInternet

Association Amenities

Bike Room/Bike TrailsDoor PersonElevator in ResidenceExercise RoomStorageOn Site Manager/EngineerParty RoomSundeckPoolReceiving RoomValet/Cleaner
Tax & Financial
Annual Taxes
$15,235
Tax Year 2024
Monthly Tax Est.
$1,270
per month
Price per Sq Ft
$568
per square foot
Price Reduced by $50,000
Original list price: $1,000,000
Property Location

240 Illinois Street, Chicago, IL 60611 — Cook County

$950,000
$568 / sqft
240 Illinois Street
3 bd2 ba1,673 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
94 days on market
1-car garage
COMMON
$15,235/yr taxes
$1,454 HOA (monthly)
Price reduced $50,000
$7,716
estimated monthly payment
Principal & Interest
$4,993/mo
Property Tax
$1,270/mo
HOA
$1,454/mo
$950,000
20% — $190,000
3%50%
6.875%
3%12%
Loan Amount
$760,000
Down Payment
$190,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Rafael Murillo
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. 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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.