240 E Illinois St #3001 Chicago, IL 60611
240 E Illinois St #3001 Chicago, IL 60611 | MLS 12685649 Photo 1
240 E Illinois St #3001 Chicago, IL 60611 | MLS 12685649 Photo 2
240 E Illinois St #3001 Chicago, IL 60611 | MLS 12685649 Photo 3
240 E Illinois St #3001 Chicago, IL 60611 | MLS 12685649 Photo 4
240 E Illinois St #3001 Chicago, IL 60611 | MLS 12685649 Photo 5
For more information on this listing, contact us at: (773) 998-2401
Active
$950,000
-5%

240 E Illinois St #3001 Chicago, IL 60611

Attached Single Property Type
3 Beds
2 Baths
1,673 Sq. Ft.
2007 Year Built
Cook County
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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 # 12685649
Monthly HOA $1,454
On Site 88 Days
Last Updated 8/21/2026

Location

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Property Rocks

Property Rocks

(773) 998-2401

Property Details

Community Information

Address 240 E Illinois St #3001, Chicago, IL 60611
County Cook
City Chicago
School District 299
Township North Chicago
Zip Code 60611

Architecture

Unit Number #3001
Bedrooms 3
Bathrooms 2
Year Built 2007
Stories 31
Construction Materials Glass, Concrete
Total # Units in Building 281
Age Range 16-20 Years
Parking Features Garage Door Opener, Yes, Deeded, Attached, Garage

Features / Amenities

Interior Features Walk-In Closet(s), High Ceilings, Open Floorplan, Granite Counters
Appliances Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Flooring Hardwood
Laundry Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup, In Unit, Laundry Closet
Exterior Features Balcony
Entry Level 30
Window All, Window Treatments
Parking Total 1
Garage Spaces 1
Air Conditioning Central Air
Heat Source / Type Forced Air
Total Rooms 6

Property Features

Lot Dimensions COMMON
Sewer Public Sewer
Water Lake Michigan
Additional Parcels Description 17102120391196
Open House Count 2
Open House Update 2026-07-24T01:39:48
Directions From Michigan Avenue, head east on Upper Illinois Street for approximately two blocks. The building is located at 240 E. Illinois Street.

Tax and Financial Info

Tax Year 2024
Tax Annual Amount $15,235.45
Ownership Condo
Association Fee $1,454 (paid Monthly)
Association Fee Includes Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet
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
Pets Allowed Cats OK

Rooms

Level
Master BedroomMain
Living RoomMain
KitchenMain
Dining RoomMain
Bedroom 3Main
Bedroom 2Main
LaundryN/A
Family RoomN/A
Bedroom 4N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

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Price Change History

Date Old Price New Price Percent Change
7/20/2026 $1,000,000 $950,000
-5%

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240 E Illinois St #3001 Chicago, IL 60611 | MLS 12685649
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Listing provided courtesy of Compass.

Listings courtesy of MRED MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of September 18, 2026 9:15 AM CST. 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. Properties may or may not be listed by the office/agent presenting the information.

Properties displayed may be listed or sold by various participants in the MLS

(773) 998-2401
240 E Illinois St #3001 Chicago, IL 60611
  • $950,000
  • 3 beds
  • 2 baths
  • 1,673 Sq. Ft.