240 E ILLINOIS Street 1509, Chicago, IL 60611

• 1 bed |
• 2 baths |
• 1,020 sqft

Property Description

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

Listing Status:

Active

Data Last Updated:

February 13, 2026 at 12:19PM

Listing Office:

Berkshire Hathaway HomeServices Chicago : 312-520-6572

Listing Agent:

Michael Maier : 312-520-6572

MLS ID:

12565105

Interior

• General: StorageHigh Ceilings
• Rooms: OfficeBalcony/Porch/Lanai
• Master Bath: Double SinkSoaking Tub
• Appliances: RangeMicrowaveDishwasherRefrigeratorFreezerDisposal
• Dining: Combined w/ LivRm
• Laundry: Washer HookupGas Dryer HookupIn Unit
• Basement: None
• Flooring: Laminate
• A/C: Central Air
• Heating: Forced Air
• Fireplace: Fireplaces: 0
• Disability Feature: None

Exterior

• General: Balcony
• Parking: Garage Door OpenerYesDeededAttachedGarageParking spaces: 1

Construction

• Roofing: Other
• General: Reinforced Caisson

Location

• HOA Amenities: Bike Room/Bike TrailsDoor PersonElevator(s)Exercise RoomStorageOn Site Manager/EngineerParkParty RoomSundeckPoolReceiving RoomSaunaService Elevator(s)Valet/CleanerHeatAir ConditioningWaterGasInsuranceDoormanTV/CableExercise FacilitiesPoolExterior MaintenanceLawn CareScavengerSnow RemovalOtherInternet909.0Monthly
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 17102120401063

Utilities

• Utilities: Circuit Breakers
• Water: Public
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Condo