240 E Illinois St #406, Chicago, IL 60611
Property image
Property image
OFF MARKET

$559,500

Trulia Estimate
as of Sep 13, 2026
  • 2 Beds
  • 2 Baths
  • 1,314 sqft

240 E Illinois St #406, Chicago, IL 60611

Streeterville

Home Highlights

Apartment
1,314 sqft
$426/sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 240 E Illinois St #406.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Beautiful Large South Facing 2 Bed, 2 Bath Loft Plus Office Niche. Fully Enclosed Bedrooms & Painted Ceiling. Kitchen Features Granite Countertops & Stainless Steel Appliances. Updated Bathrooms. Hardwood Floors Throughout. Walk In Closet W/ Built in Shelving in both bedrooms. Balcony W/ Storage Room. Full-size laundry In Unit. Parking Available for Purchase or Rent. Full Amenity Building: 24 Hr Doorman, Dry Cleaner, Pool, Sun Deck, Business Center, Media Room, Work Out Room, Dog Run, & Whole Foods on the 1st Floor. Unbelievable Location: 1 Block from Michigan Ave but on Quiet Cul-De-Sac on Upper Illinois, adjacent to the renovated Pioneer Court with its new shops (Museum of Ice Cream, Blue Bottle, etc) & a short walk to Magnificent Mile, Millennium Park & the lake.
- Tenant only pays electric ($30-50/month). All other utilities, heat, high speed cable internet, DirectTV with HBO included in the rent.
- Across the street from UChicago Booth School and 5-minute walk to Northwestern Hospital/Downtown Campus!

Small pets allowed per condo association rules. Tenant pays electricity only. No smoking.
240 E Illinois St #406, Chicago, IL 60611 is a 2 bedroom, 2 bathroom, 1,314 sqft apartment in Streeterville. It last sold for $690,000 on Mar 31, 2023 (17,150% above the $4,000 asking price). More recently, it was listed as a rental in November 2025 with an asking price of $4,000 per month. That rental listing was removed on November 30, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $559,500, with a rent estimate of $4,973/month.

Home Details for 240 E Illinois St #406

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Pool
Pool
Parking & Garage
Parking: Attached Off Street, On Site

Additional Information

Pool

Comparable Sales for 240 E Illinois St #406

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
680 N Lake Shore Dr #715, Chicago, IL
0.28
Apartment
$414,000
07/21/26
2
2
1,400 sqft
222 E Pearson St #1502, Chicago, IL
0.43
Apartment
$499,000
07/24/26
2
2
1,350 sqft
512 N McClurg Ct #5607, Chicago, IL
0.12
Apartment
$800,000
07/21/26
3
3
2,200 sqft
33 W Ontario St #36EN, Chicago, IL
0.47
Apartment
$479,000
05/07/26
2
2
1,325 sqft
195 N Harbor Dr #4305, Chicago, IL
0.52
Apartment
$480,000
10/16/25
2
2
1,225 sqft
215 W Illinois St #4B, Chicago, IL
0.75
Apartment
$700,000
06/24/26
2
2
1,180 sqft
744 N Clark St #1004, Chicago, IL
0.65
Apartment
$437,000
09/16/25
2
2
1,085 sqft
400 N La Salle St #2205, Chicago, IL
0.68
Apartment
$456,500
01/15/26
2
2
1,015 sqft
21 E Huron St #4001, Chicago, IL
0.40
Apartment
$470,000
08/19/26
1
2
1,004 sqft
512 N McClurg Ct #2112, Chicago, IL
0.12
Apartment
$295,000
01/26/26
1
1
920 sqft
Home facts updated by county records

Nearby homes

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Rental Market Trends in Streeterville

Last updated Sep 2026
Trulia Rent Estimate$4,973/mo
Average rent
$3.2K
$497MoM
Available listings
110
View rental market trends in Chicago, IL

Around this home

Neighborhood Overview

Streeterville
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Streeterville

At least 382 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 88 % Say there are sidewalks

  • 85 % Say it's walkable to restaurants

  • 84 % Say it's walkable to grocery stores

  • 81 % Say streets are well-lit

  • 69 % Say people would walk alone at night

  • 62 % Say there's holiday spirit

  • 48 % Say it's quiet

  • 42 % Say kids play outside

  • 41 % Say neighbors are friendly

  • 39 % Say parking is easy

  • 39 % Say they plan to stay for at least 5 years

  • 35 % Say car is needed

  • 29 % Say there are community events

  • 28 % Say yards are well-kept

  • 24 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Schneckjoy
    "Streeterville is a quiet community between Michigan Ave and Lake Michigan. Shopping is easy and there’s a Whole Foods and Target for anything you need, as well as great restaurants. "
    1
    Flag
  • Michael Romano
    "Very dog, friendly and welcoming culture for our furry friends. There is also a wonderful dog park just a few minutes away."
    0
    Flag
  • Carol Sanders
    "I use busses for personal transportation and also use my own vehicle for work. Either way it is very easy and convenient to get around. I also walk for personal errands easily and conveniently. Everything you need is in walking distance and also it’s great just for a casual walk. Many parks, lakefront and riverwalk access make it a perfect location!! Best neighborhood in Chicago!"
    0
    Flag
  • Luis Jose Feliciano
    "Beautiful view of the port and the huge buildings. Everything is as a comfortable walking distance. "
    1
    Flag
  • Anil.atac
    "The neighborhood is in the heart of Chicago, walking distance from most attractions, restaurants and cafes. "
    1
    Flag
  • Trulia User
    "Streeterville has Excellent access to commute by bus and subway. Bus stations and stops are close by and do not require long-distance walking on foot."
    0
    Flag
  • Maxglobal45
    "It’s a safe environment ,schools , parks bike paths everything you would love in a neighborhood the VIEWS are priceless navy pier is walking distance "
    0
    Flag
  • Trulia User
    "Everything there is to know about what our children are doing all the time this way they will grow up with the same mindset when it's their time to raise their children, lead by example."
    0
    Flag
  • Trulia User
    "Life is good out here. People are nice. The city is so clean. Grocery stores everywhere. Everything can be delivered. "
    1
    Flag
  • Trulia User
    "The neighborhood is very busy and popular. There are many activities and places to visit to get to know the area. After awhile you just feel at home and welcomed."
    1
    Flag
  • Trulia User
    "easy it's easy I don't know I can't wait to move out of here it drives me absolutely insane. that's for damnbsure "
    0
    Flag
  • Trulia User
    "Great dog parks in the area with lots of friendly dog owners. Always an opportunity to stop and chat with fellow owners and meet new people."
    2
    Flag
  • Trulia User
    "Neighbors from the building regularly gather on the esplanade. In the summer, we have outdoor concerts, movies, etc. in addition to the beach and lake front path. "
    0
    Flag
  • Jeffrey D.
    "I've lived in this neighborhood for nine years. The access to the lake front, cultural activities, and restaurants can't be beat. "
    16
    Flag
  • Nalla.sowmitra
    "Love it! There’s a dog park near by and a ton of people come out there. Lots of pet friendly businesses as well"
    3
    Flag
  • Trulia User
    "It’s ok for early ages but not many place for kids to play outside. People do not clean up after their dogs and seldom respect each other. "
    6
    Flag
  • Jacki V.
    "Great neighborhood with great access to the lake, river, Navy Pier , lower wacker, shopping and amazing restaurants. "
    15
    Flag
  • Bill B.
    "Cabs. Ubers all around. Door staff in most high rises. Residents a mix of educated people who seem to care about others"
    1
    Flag
  • Rumi
    "We like living in this neighborhood as it is walking distance to other places in the city, close to Magnificent Mile, the shops, great restaurants and shopping. "
    0
    Flag
  • Ghomstad4
    "People walk their dogs all the time, lots of dog friendly buildings. However there are mostly high rises in the area so not a lot of parks for dogs. "
    2
    Flag
  • Marilyn L.
    "lots of other owners with dogs. and they are friendly. they walk and jog them most of day and some even do it at night. "
    2
    Flag
  • Gb.graceann
    "This neighborhood is quiet, by the lake ... but also very close to the shops and restaurants around Michigan Avenue. If you like convenience and don’t mind it feeling a bit like a business and tourist district, it’s a great place to live. "
    7
    Flag
  • Rclark
    "Good place to live. Great restaurants and bars. Good place to walk. Nice water views. Lots of dogs. "
    1
    Flag
  • Gb.graceann
    "Streeterville is a safe and convenient neighborhood with access to everything you would want and is quiet and close to the lake. "
    0
    Flag
  • bsvo742421
    "Has a suburban feel of sorts (with the lower level town homes) even though it is the heart of the city. Feel very safe on this area"
    3
    Flag
  • Davina T.
    "Not a ton of dogs to be seen when you’re closer to Michigan Ave, but a lot when you’re closer to the lake. Most owners pick up after their animals and are open to you petting them as well."
    1
    Flag
  • Quinncarlson
    "Not neighborly at all. Kinda touristy and annoying at times. Nice to be close to Michigan Ave and the lake, also the loop and public transportation. This is a lively neighborhood but very transient. Restaurants are decent. "
    5
    Flag
  • Robynreneclark
    "I have lived here for three years. There is great nightlife. Everything is close by and accessible. The building has great amenities and is well run."
    3
    Flag
  • Rclark
    "Lots of other dogs for the dogs to play with - plenty of places to walk your dog. I don’t have a dog so I am not familiar "
    0
    Flag
  • Rclark
    "I live here - it is a nice, hip and comfortable neighborhood. It is a popular place for downtown living. "
    3
    Flag
  • Rperez
    "City highrises but isolated with trees and parks. close to restaurants and shopping. Culture, lake and beach. "
    1
    Flag
  • Bblanchard6114
    "Pet friendly neighborhood, friendly people park and beach close by just pick up after your pet and it’s all good. You will pay extra for your dog in most apartments but that’s expected some people also have to use the back entrance or exit to take the dog out instead of the front which could be inconvenient sometimes "
    0
    Flag
  • Kristine K.
    "Great city vibe, but also in a very touristy area. Not as authentic neighborhood as hoped. Commute via bus or taxi, very convenient "
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Nov 30, 2025
Source: Zillow Rentals
ListingRemoved
$4,000
Nov 13, 2025
Source: Zillow Rentals
Listed For Rent
$4,000
Apr 30, 2023
Source: Zillow Rentals
ListingRemoved
Mar 31, 2023
Source: @Properties sold #11728377_60611_2601
Sold
$690,000
Mar 25, 2023
Source: Zillow Rentals
PriceChange
$3,900
Price decreased by 3%

Frequently asked questions about 240 E Illinois St #406

  • What is 240 E Illinois St #406 estimated to be worth?
    Trulia's estimated value for 240 E Illinois St #406 in Chicago, IL is $559,500.
  • What is the price history for 240 E Illinois St #406?
    240 E Illinois St #406 in Chicago, IL last sold for $690,000 in March 2023.
  • Is Chicago a buyer's or seller's market?
    Chicago is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Chicago?
    The median sale price in Chicago is $418K. That is down $2.08K from the prior month.
  • Does 240 E Illinois St #406 have air conditioning?
    Yes, 240 E Illinois St #406 in Chicago, IL has air conditioning.
  • Does 240 E Illinois St #406 have a pool?
    Yes, 240 E Illinois St #406 in Chicago, IL has a pool.

Homes for rent near 240 E Illinois St #406

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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