CLOSED: 240 E ILLINOIS #306, Chicago, IL 60611. 2-bedroom 2-bath, 2005 Near North Side $465,000 begin new search
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Overview

Attn: All Investors! Best priced 2 bedroom in the building! Welcome to The Lofts and Fairbanks at Cityfront Plaza. Investor Friendly 2-bedroom 2- Full bathroom + office nook cement loft located on a quiet cul-de-sac between Michigan Avenue (Mag Mile) & North/Navy Pier on Upper Illinois St. This spacious split 2-bedroom floorplan with both bedrooms fully enclosed is vacant and ready to be owner occupied or take advantage of Chicago's historically high rental market as an investment (no rental CAP in the Loft section of the building). Huge open kitchen concept complete with stainless steel appliances, oven hood, wrap around granite counter tops with breakfast bar, garbage disposal, and full backsplash. Ample size living room/dining room combo with dark hardwood throughout has floor to ceiling windows which open to a 32ft walk out balcony with stunning Southern city views both during the day and jaw dropping cityscape night views as well! Two large bedrooms including primary bedroom with en suite bathroom, dual sinks, marble countertops, glass stand up shower, and deep soaking tub. Bonus features for this unit include stunning built in wine bar, office nook with full size desk & three shelves, front-loading full-size washer/dryer, private storage closet off balcony, cage storage locker, sprinkler system, & professionally organized closets throughout. HOA fees include most utilities like heat/AC, water, gas, cable/internet...all you pay is electric! This full amenity building offers 24hr door staff, on site management & maintenance, outdoor pool/sun deck with grills & park bench terrace, 2 exercise facilities (weight room & cardio room), party room for events, Movie Theater, business center, and dog run all on one floor! This unit offers one deeded extra-large end garage parking space with no car on one side and secured entry from the rest of the garage for an additional 45k. The building is also attached to Whole Foods & Planet Fitness (elevator access) and offers a green grass park across the street. Walk to all the City of Chicago has to offer including the iconic shopping mecca the "Magnificent Mile" at the corner (Hugo Boss, Nordstrom, Saks Fifth Ave, Cartier, Rolex, Water Tower, etc...) or Walk East down the stairs to North Pier/Navy Pier (Target, Walgreens, AMC Movies, etc...). Just steps to restaurants, nightlife, The Loop, and lakefront fun like fireworks, Ferris wheel, food trucks, boat rides, biking, concerts, and so much more! A true Chicago City Experience!

Address 240 E ILLINOIS

Unit# 306


Chicago, IL 60611
Listing Status Closed
Sold Price $505,000
Asking Price $465,000
Original Listing $465,000 @
Escrow Date 2023-09-02
Closing Date 2023-09-29
Off-Market Date 2023-09-02T05:00:00Z
Days on MLS
Ownership
Property Type Condo
Asssessment $1,193
HOA Amenities Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Pool, Receiving Room, Business Center, Elevator(s), Picnic Area
Rooms
Balcony/Porch/Lanai
Square Footage Not Disclosed
Bedrooms 2
Full Bathrooms 2
Location
Directions Michigan Ave East to UPPER Illinois
Neighborhood Near North Side
School District Not Listed
Public Records
County Cook
Tax PIN 17102120311006
Property Tax $9,606 for the year 2021
Features
Year Built 2005
Laundry Location
Elevator Not Listed
Cooling Central Air
Heating Natural Gas, Forced Air
Sewer/Septic Public Sewer
Fireplaces Not Listed
Interior Features Elevator, Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Flexicore
Additional Parcels No
Appliances Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Association Fee Frequency Monthly
Basement None
Electric Circuit Breakers
High School District 299
Living Area Source Builder
New Construction No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD11872382
Courtesy of 312 Estates LLC
Exterior
Style Attached Single
Material Not Listed
Lot Size COMMON
Fencing Not Listed
Topography Not Listed
Swimming Pool Not Listed
Parking
Total Spaces:
Garage Spaces: 1
Non-Garage Spaces: 0 -
View Not Listed