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$499,000
2 Days On Site

240 E ILLINOIS Street 1509
Chicago, IL 60611

For Sale|Condominium|Active
1
Bed
2
Total Baths
1
Full Bath
1
Partial Bath
1,020
SqFt
$489
/SqFt
2007
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago
Call Now: 312-767-7744
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312-767-7744
240 E ILLINOIS Street 1509240 E ILLINOIS Street 1509240 E ILLINOIS Street 1509240 E ILLINOIS Street 1509
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Spacious South-Facing One Bedroom + 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, separate 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 $40K Tenant occupied until May 31,2026

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Listing Snapshot
Price 
$499,000
Days On Site 
2 Days
Bedrooms 
1
Inside Area (SqFt) 
1,020 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
N/A
Year Built 
2007
MLS® Number 
12565105
Status 
Active
Property Tax 
$9,270.85
HOA/Condo/Coop Fees 
$909 monthly
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Attached Garage 
Yes
Direction Faces 
South
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
31
Parking 
Garage Door OpenerDeededAttachedGarage
Parking Spaces 
1
Pets 
Cats OKDogs OK
Property Sub Type 
Condominium
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Appliances 
RangeMicrowaveDishwasherRefrigeratorFreezerDisposal
Basement 
None
Cooling 
Central Air
Electric 
Circuit Breakers
Flooring 
Laminate
Heating 
Forced Air
Interior 
ElevatorStorageHigh Ceilings
Laundry Features 
Washer HookupGas Dryer HookupIn Unit
Balcony/Porch/Lanai 
Dimensions - 4X7Level - Main
Bedroom 2 
Bedroom 3 
Bedroom 4 
Dining Room 
Dimensions - COMBOLevel - Main
Family Room 
Kitchen 
Dimensions - 10X10Level - MainDescription - Island
Laundry 
Dimensions - 3X3Level - Main
Living Room 
Dimensions - 24X14Level - Main
Master Bedroom 
Dimensions - 12X12Level - Main
Office 
Dimensions - 06X07Level - Main
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Exterior Features
Construction Details 
Stone
Exterior 
Balcony
Roof 
Other
Community Features
Association Amenities 
Elevator(s)StorageParkParty RoomPoolSaunaService Elevator(s)
Association Dues 
909
HOA Fee Frequency 
Monthly
MLS Area 
CHI - Near North Side
School District 
299
Township 
North Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago



Based on information submitted to the MLS GRID as of 2026-02-15 02:22 AM UTC. 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.
Last checked: 2026-02-15 02:22 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

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