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1509/240 E Illinois St

Chicago IL 60611

1
2
1
1020 sq. ft.
Condo
Currently for sale - view listing

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

Features

1 bedroom
2 bathrooms
1 carspace
1 garage space
1020 sq. ft. floor area
Condo

Property history for 1509/240 E Illinois St

2026
Rented
Undisclosed
30 Apr 2026 by BHHS Chicago
2017
Sold
$500,000
27 Jul 2017 by Matt Laricy, of Americorp, Ltd
2007
Sold
$459,900
09 Nov 2007 by Arthur Slaven, of Centrum Partners LLC

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87% of sellers in Chicago reported that their sale price either exceeded or met their price expectations.

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Local market activity for 1 bedroom condos in Chicago

In the last 12 months, 449 one-bedroom condos similar to 1509/240 E Illinois St, have been sold.

This represents a 10% increase in one-bedroom condos sales when compared to the previous 12 months.

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