This number exists and is real and positive because the series is bounded by convergent geometric series 1 + 1/10 + 1/100 + .... and is clearly greater than 0.
[intuitive proof]
Since the decimal expansion of this number is infinite and non-repeating, we know the number must be irrational (the decimal expansion is 0.110001.... with a 1 in position m where m = n! for some integer n >=1).
[rigorous proof]
If this number converges to a positive rational number, it can be written in the form p/q with p and q positive integers. Multiplying both sides of the equation,
p/q = 1/10 + (1/10)^(2!) + (1/10)^(3!) + (1/10)^(4!) + ...
by q10^(q!) we get
p10^(q!) = [q10^(q! - 1) + q10^(q! - 2!) + ...q10(q! - q!)] +
q10^(q! - (q + 1)!) + q10^(q! - (q + 2)!) + .....
The left hand side is an integer as is the sum of terms in the brackets. This must imply that the remaining terms also sum to an integer. However, it is easy to see that the remaining sum is bounded from above by
q/10^(qq!) + (1/10) q/10^(qq!) + (1/100) q/10^(qq!) + ....
which sums to 10/9 q/10^qq!.
For all q >= 1, we have 10^qq! >= 10^q.
Since we know that e^x >= 1 + x, we have
q = 1 + (q - 1) <= e^(q - 1) <= 10^(q - 1) for q >= 1.
Therefore, 10^q = 10(10^(q-1)) >= 10q and combinining this with our earlier inequalities, we have
10/9 (q/10^qq!) <= 1/9 which means that the remaining terms cannot sum to a positive integer which is a contradiction.
Therefore, the original sum must converge to a positive irrational number.