Fairbanks at Cityfront Plaza

The Fairbanks at Cityfront Plaza is a sophisticated and attention-grabbing property in what may well be Chicago’s most upscale neighborhood. Located between Michigan Avenue and Lake Michigan itself in the always-desirable Streeterville area at 240 E. Illinois, The Fairbanks offers unparalleled luxury and services to the city’s most discriminating homebuyers. Cityfront Plaza is a three-building, mixed-use retail and residential development that was designed to bring its residents many conveniences and aspires to a city-within-the-city style of living. With the combination of spectacular views and great location, The Fairbanks is one of the hottest developments on the local market.

The Fairbanks offers residents four different types of homes to choose from. Floors three through eight will be luxurious loft units. Floors nine and ten are slated for Terrace Homes, which feature private outdoor gardens. Floors 11 through 27 are Fairbanks condos with gracious and elegant appointments, and floors 28 through 31 are held for grand penthouse residences. Units amenities include ultra-modern kitchens and baths, designer light fixtures, and pre-wired home media centers. The Fairbanks will certainly provide some of the most upscale living that Chicago has to give. The building itself boasts a 24-hour doorman, concierge, a state-of-the-art fitness facility, a club room, outdoor lounging pool, a private theater, business center, maid and laundry service, and a dog area. There are also high-speed elevators as well as secure bicycle storage. Indoor parking is available. Prices start in the upper 300’s.

The neighborhood around the Fairbanks Residences is always vital and alive, no matter what the season. Residents will live the Michigan Avenue lifestyle, with the city’s finest restaurants, shopping, and unique sights waiting to be enjoyed whenever they wish. The building is in close proximity to attractions like Oak Street Beach and the John Hancock Building, the shops of Water Tower Place, and dining options including PF Chang’s, Eli’s, and Rosebud.

The Fairbanks Residences are the first phase of a three-building development going up under the direction of Centrum Properties, who are considered by many to be Chicago’s premiere residential real estate developer. Their track record includes properties like The Montgomery, Dearborn Mews, Altgeld Court, and Ashbury Woods in Lake Forest. DeStefano & Partners, LTD is handling architectural work for the project. The tower sits on top of a parking facility that originally built as the base for a Hilton Suites Hotel. Work began on the podium in 2000, was halted for more than a year, and ended in 2004. Construction on the condo building itself began in November of 2005 and is expected to be completed sometime in 2007.

Click here to check out our selection of pre-construction Chicago Condos.

Mike O'Cull

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