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!
Closed
$505,000
240 E Illinois St APT 306, Chicago, IL 60611
2beds
1,314sqft
Condominium, Apartment, Single Family Residence
Built in 2005
-- sqft lot
$517,700 Zestimate®
$384/sqft
$4,009 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 29, 2023 at 04:13pm
Listing courtesy of:
Peter Basile 773-636-2336,
312 Estates LLC
Bought with:
Peter Basile
312 Estates LLC
Source: MRED as distributed by MLS GRID,MLS#: 11872382

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Bedroom 2
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Balcony porch lanai
- Level: Main
- Area: 165 Square Feet
- Dimensions: 33X05
Dining room
- Level: Main
- Dimensions: COMBO
Kitchen
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Living room
- Level: Main
- Area: 440 Square Feet
- Dimensions: 22X20
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Laundry: First Floor Laundry, Laundry Hook-Up in Unit
Features
- Elevator, Storage, Flexicore
- Flooring: Hardwood
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,314 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Details
- Has additional parcels: Yes
- Parcel number: 17102120311006
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Apartment, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,193 monthly
- Amenities included: Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Pool, Receiving Room, Business Center, Picnic Area
- Services included: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, Cable TV, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Other
Other facts
- Listing terms: Conventional
- Ownership: Condo
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$517,700
2% more+ $10,354
With Zillow Showcase(estimated)
$528,054