Nestled in the heart of the West Loop at Madison & Morgan, this exceptional residence is being offered for sale for the very first time by its original owner. Located in an intimate 8-unit elevator building with only two homes per floor, this rarely available south-facing 2BR/2BTH home offers 1,900 square feet of living space & an EZ Convert to a 3BR layout. A gracious foyer featuring classic black-and-white harlequin tile welcomes you into an open floor plan bathed in natural southern light. Soaring 12FT+ ceilings, custom wainscoting, crown moldings & oversized windows create an elegant backdrop thru out the home.The expansive 27-foot living room offers flexibility with ample space for multiple seating areas, entertaining & a space for a home office. Oversized windows with custom plantation shutters, a cozy gas fireplace & access to the large south-facing balcony showcase sweeping city views & the Iconic Willis Tower. The balcony provides generous space for grilling, & relaxing while enjoying the skyline. The spacious dining area flows seamlessly into a redesigned chef's kitchen featuring the PRO Series Viking appliances, includes the refrigerator, double oven/convection microwave with warming drawer, six-burner gas cooktop with grill, and a Bosch dishwasher. Granite countertops, custom backsplash, under-cabinet lighting, and a bespoke island create both functionality & style. A custom butler's pantry & dry bar with additional cabinetry & granite workspace further enhance the home's entertaining capabilities. Both bedrooms are fully enclosed for privacy. All closets are California Closets & custom Hunter Douglas window treatments are featured throughout the home. The tranquil primary suite serves as a private retreat, offering custom plantation shutters, abundant closet space, & a luxurious spa-inspired ensuite bath. Completely renovated w/premium finishes, dual vanities, a large walk-in shower, marble flooring and tile work, & extra storage. The generously sized second bedroom offers ample closet space & is complemented by a beautifully renovated second bath featuring a walk-in shower with custom bench seating and a stylish vanity. (No tubs) Additional highlights include a full-size laundry room w/Maytag washer and dryer, a large walk-in coat & storage closet off the foyer, 1 GAR parking space, and a storage unit. Offering incredible value and endless potential for personalization, this remarkable home is priced under $1 million in one of Chicago's most sought-after neighborhoods. The virtually staged photos illustrate the possibilities for making this residence your own. Reserves are $71,000 and no Special Assessments.
Active
$875,000
1016 W Madison St APT 4S, Chicago, IL 60607
2beds
1,953sqft
Condominium, Single Family Residence
Built in ----
-- sqft lot
$-- Zestimate®
$448/sqft
$556/mo HOA
What's special
Cozy gas fireplacePremium finishesLarge south-facing balconyAbundant closet spaceBespoke islandOversized windowsCrown moldings
- --
- on Zillow |
- 818
- views |
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Zillow last checked:
Listed by:
Penny Bagherpour 312-953-7742,
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12675751
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Foyer
Primary bedroom
- Features: Bathroom (Full, Double Sink, Shower Only)
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18X11
Bedroom 2
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15X13
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 204 Square Feet
- Dimensions: 12X17
Foyer
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11X8
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Granite Counters, Updated Kitchen), Flooring (Hardwood)
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10X13
Laundry
- Level: Main
- Area: 49 Square Feet
- Dimensions: 7X7
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 378 Square Feet
- Dimensions: 14X27
Heating
- Natural Gas, Forced Air, Radiant Floor
Cooling
- Central Air
Appliances
- Included: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Oven, Gas Cooktop, Gas Oven
- Laundry: Washer Hookup, In Unit
Features
- Dry Bar, Walk-In Closet(s), High Ceilings, Open Floorplan, Special Millwork, Granite Counters, Separate Dining Room, Pantry
- Flooring: Hardwood
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas Starter, Living Room
Interior area
- Total structure area: 0
- Total interior livable area: 1,953 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Exterior features: Balcony
Details
- Parcel number: 17084460231007
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
HOA
- Has HOA: Yes
- Services included: Water, Insurance, Security, Cable TV, Scavenger, Snow Removal, Internet
- HOA fee: $556 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $448/sqft
- Tax assessed value: $801,700
- Annual tax amount: $15,014
- Ownership: Condo
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Listing removed | $875,000$448/sqft |
Source: | ||
| 6/5/2026 | Listed for sale | $875,000+90.2%$448/sqft |
Source: | ||
| 5/20/2008 | Sold | $460,000$236/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $80,170 +23.5% |
| 2023 | $13,042 +2.8% | $64,918 |
| 2022 | $12,692 +2.1% | $64,918 |
| 2021 | $12,425 -7.3% | $64,918 +3% |
| 2020 | $13,398 +1.4% | $63,046 -8.6% |
| 2019 | $13,218 +1.7% | $69,000 |
| 2018 | $12,993 +41.8% | $69,000 +50.7% |
| 2017 | $9,160 +5.7% | $45,780 |
| 2016 | $8,669 +9.6% | $45,780 |
| 2015 | $7,908 +18% | $45,780 +18.4% |
| 2014 | $6,700 +2.2% | $38,681 |
| 2013 | $6,557 +1% | $38,681 |
| 2012 | $6,493 +9.6% | $38,681 +0.3% |
| 2011 | $5,923 -1% | $38,573 |
| 2010 | $5,981 -13.9% | $38,573 -23.6% |
| 2009 | $6,949 | $50,499 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Near West Side
Nearby schools
GreatSchools rating
- 8/10Skinner Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Wells Community Academy High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Cook County
- Chicago
- 60607
- Near West Side
- 1016 W Madison St Apartment 4S






