For Sale: 240 E ILLINOIS Street #1509, Chicago, IL 60611. 1-bedroom 1.5-bath, 1020 sf, 2007 NEAR NORTH SIDE $460,000 begin new search
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Overview

Spacious South-Facing One Bedroom 1.5 bath + Den at The Fairbanks, this beautifully maintained south-facing one bedroom plus den offers over 1,020 square feet of light-filled living space and stunning skyline views. Floor-to-ceiling windows, 9-foot ceilings, and rich hardwood floors create an open and airy feel throughout. The expansive living and dining area is perfect for both relaxing and entertaining, seamlessly flowing into the open kitchen featuring a breakfast bar and ample cabinetry. The generous primary suite boasts a wall of windows, space for a full king-sized bedroom set, and a luxurious stone bath complete with dual vanities, a soaking tub/shower and double closets. The versatile den is ideal for a home office, guest space, or reading nook. A powder room and in-unit washer and dryer add everyday convenience. The Fairbanks is a full-amenity, professionally managed building offering 24-hour door staff, a fitness center with cardio and weight rooms, sauna, outdoor pool with sundeck and grilling stations, and an entertainment room. Unbeatable location with elevator access to Whole Foods, steps to Michigan Avenue, two blocks to the lakefront, and just blocks from Northwestern Medical Campus. Deeded parking Additional $35K Tenant occupied until May 31,2026

Address 240 E ILLINOIS Street

Unit# 1509


Chicago, IL 60611
Listing Status Active
Asking Price $460,000
Original Listing $479,000 @ 2026-02-23
Rooms
Office, Balcony/Porch/Lanai
Square Footage 1020 sf
Flooring Laminate
Bedrooms 1
Full Bathrooms 1
Half Baths 1
Location
Directions 2 BLOCKS EAST OF MICHIGAN AVE ON UPPER ILLINOIS
Neighborhood NEAR NORTH SIDE
School District Not Listed
Ownership
Property Type Condo
Asssessment $909
HOA Amenities Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s), Valet/Cleaner
Public Records
County Cook
Tax PIN 17102120401063
Property Tax $9,271 for the year 2024
Exterior
Style Attached Single
Material Balcony
Lot Size COMMON
Fencing Not Listed
Topography Not Listed
Roof Other
Entry Steps 15
Swimming Pool Not Listed
Parking
Garage Door Opener
Yes
Deeded
Attached
Garage
Total Spaces: 1
Garage Spaces: 1
Non-Garage Spaces: 0 -
View Not Listed
Features
Year Built 2007
Laundry Location Main Level,Washer Hookup,Gas Dryer Hookup,In Unit,Laundry Closet
Elevator Not Listed
Cooling Central Air
Heating Forced Air
Sewer/Septic Public Sewer
Fireplaces Not Listed (0)
Interior Features Storage, High Ceilings
Additional Parcels No
Appliances No
Assessments No
Association No
Association Fee 2 0
Association Fee Frequency Monthly
Attached Garage No
Basement None
Below Grade Finished Area 0
Carport Spaces 0
Cooling No
Electric Circuit Breakers
Foundation Details Reinforced Caisson
Heating No
High School District 299
Land Lease No
Laundry No
Living Area Source Estimated
Lot Features Common Grounds
Lot Size Source Survey
Main Level Bathrooms 0
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking No
Patio No
Pool Private No
Property Attached No
Sprinklers No
View No
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD12575439
Courtesy of Berkshire Hathaway HomeServices Chicago