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  • Price cut: $2K (7/23)
    $873,000

    1016 W Madison St APT 4S, Chicago, IL 60607

    2beds
    1,953sqft
    : 
    $7,187/mo
    Get pre-qualified
    Condominium, Single Family Residence
    Built in ----
    -- sqft lot
    $855,200 Zestimate®
    $447/sqft
    $556/mo HOA

    What's special

    Cozy gas fireplaceDedicated office areaAbundant closet spaceBespoke islandOversized windowsSpacious open floor planClassic black-and-white harlequin tile
    Discover a completely re imagined version of this 2BR/2BTH 1900 SQ FT residence blending timeless character & modern soft loft living located on the COVETED SOUTH facing 4th floor one floor below the PH in a unique 8 unit elevator building w/only 2 homes per floor. This RARELY available 2BR/2BTH home lives large features a generous Balcony w/views of the iconic Willis Tower + 1 Gar Parking included. This home offers a layout with endless potential for personalization priced under $1m in one of Chicago's most sought-after neighborhoods. A gracious foyer featuring soaring ceilings classic black-and-white harlequin tile welcomes you into a spacious open floor plan with dramatic 12FT+ ceilings, classic features including Crown moldings & wainscoting oversized windows custom plantation shutters & a cozy gas fireplace create a charming backdrop thru out the home. The expansive Living area offers versatility of space to suit your individual living style has a dedicated office area & formal Dining room all seamlessly connected to an open kitchen ideal for entertaining. Accessed from the LV the large south-facing balcony showcases sweeping city views the iconic Willis Tower & provides generous space for grilling & seating. The redesigned chef's kitchen features the PRO Series Viking appliances incl refrigerator, double oven/convection microwave w/WARMING drawer, 6 burner gas cooktop w/grill, & Bosch DW. Granite counters under-cabinet lighting & a bespoke island create functionality. A custom butler's pantry & dry bar w/added cabinetry & granite workspace further enhance the home's entertaining capabilities. Both BDRMS are fully enclosed for privacy. The tranquil Primary Suite serves as a private retreat, offering custom plantation shutters, abundant closet space, & a luxurious spa-inspired ensuite bath totally renovated w/luxe finishes, dual vanities, a large walk-in shower, marble flooring & tile work w/ extra storage. The generously sized 2nd BR offers ample closet space & is complemented by a beautifully renovated 2nd full bath featuring a walk-in shower w/custom bench & a marble top vanity. (No tubs) Additional highlights include laundry RM w/side by side Maytag W/D. All closets by California Closets & custom Hunter Douglas window treatments featured throughout the home. A large organized walk in coat closet with additional storage off the foyer. Storage room incl . Reserves $71,000 NO Special Assessments. Madison & Morgan is the heart of the west loop, the Morgan EL & Madison Buses at yr doorstep. Walk to Randolph st & Fulton Market dining Whole foods a few blocks & MONTEVERDE next door what more could you want?
    14 days
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    786
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    21
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    Zillow last checked:

    Listing updated:

    Listed by:

    Penny Bagherpour 312-953-7742,

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12713794MLS Logo

      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: $447/sqft
      • Tax assessed value: $801,700
      • Annual tax amount: $15,014
      • Date on market: 7/23/2026
      • Ownership: Condo

        Estimated market value

        $855,200

        $812,000 - $898,000

        $5,177/mo

        Price history

        DateEventPrice
        7/23/2026Price change$873,000-0.2%$447/sqft
        Source: MRED as distributed by MLS GRID #12713794 Report a problem
        6/5/2026Listed for sale$875,000+90.2%$448/sqft
        Source: MRED as distributed by MLS GRID #12665582 Report a problem
        5/20/2008Sold$460,000$236/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$15,014 +15.1%$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

        Payment breakdown

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        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

        Getting around

        98 / 100
        Walker's Paradise
        90 / 100
        Rider's Paradise
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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.

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