For Sale: 240 E Illinois Street #3001, Chicago, IL 60611. 3-bedroom 2-bath, 1673 sf, 2007 Fairbanks at Cityfront $950,000 begin new search
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Overview

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).

Address 240 E Illinois Street

Unit# 3001


Chicago, IL 60611
Listing Status ACTIVE
Asking Price $950,000
On Market Date $1,000,000 @ Jun 24, 2026
Original Entry Jun 24, 2026
Rooms
No additional rooms
Square Footage 1673 sf
Flooring Hardwood
Bedrooms 3
Full Bathrooms 2
Location
Directions From Michigan Avenue, head east on Upper Illinois Street for approximately two blocks. The building is located at 240 E. Illinois Street.
Community Area Fairbanks at Cityfront
Neighborhood NEAR NORTH SIDE
School District Not Listed
Ownership
Property Type Condo
Assessment $1,454
HOA 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
Listing History
Timeline Notes
Jul 21, 2026Price reduced to $950,000 #MRD12685649
Jun 24, 2026Listed for $1,000,000 #MRD12685649
Public Records
County Cook
Tax PIN 17102120401222
Property Tax $15,235 for the year 2024
Lake Michigan Distance 0.5 miles
Exterior
Style Attached Single
Material Balcony
Lot Size COMMON
Fencing Not Listed
Topography Not Listed
Entry Steps 30
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 Washer Hookup,Gas Dryer Hookup,Electric Dryer Hookup,In Unit,Laundry Closet
Elevator Not Listed
Cooling Central Air
Heating Forced Air
Sewer/Septic Public Sewer
Fireplaces Not Listed
Interior Features Walk-In Closet(s), High Ceilings, Open Floorplan, Granite Counters
Additional Parcels Yes
Additional Parcels Description 17102120391196
Appliances Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
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
Heating No
High School District 299
Land Lease No
Laundry No
Living Area Source Builder
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
Window Features All, Window Treatments
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD12685649
Courtesy of Compass