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  • $875,000

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

    2beds
    1,953sqft
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    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
    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.
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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#: 12675751MLS Logo

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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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/11/2026Listing removed$875,000$448/sqft
        Source: MRED as distributed by MLS GRID #12665582 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-- $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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