ActivePrice Reduced

$825,000

$860,000
1016 Madison Street, Chicago, IL 60607
2 Beds2 Baths0 sqft18 days
1016 Madison Street·Chicago, IL 60607
2Bedrooms
2Bathrooms
0Sq Ft
About This Home

Welcome to a rare Stunning SOUTH facing unit with an AMAZING view of the iconic Willis Tower. Located in a Boutique 8 unit elevator building at Madison & Morgan in one of Chicago's most sought-after energetic neighborhoods. Only 2 homes per floor, this Charming 2 Bed/2 Bath home effortlessly blends classic features with modern living elevating the home's elegant atheistic. A dramatic Foyer welcomes you into a bright 1900 sq ft open space ideal for family & entertaining! Featuring soaring 12Ft+ceilings Crown moldings Oak floors recessed lighting OVERSIZED windows that illuminate the home with natural light beautiful custom Plantation Shutters & a cozy Fireplace. The expansive LV/DR/Office area offers versatility to suit your lifestyle with the opportunity to design a dedicated private space. Enjoy stunning views of the Willis Tower & City scape from a large Balcony accessed from the Living Room. The re-designed open Chefs kitchen boasts high end Viking Pro Series SS appliances includes a convection oven/microwave & WARMING TRAY Granite counters under cabinet lighting & bespoke Breakfast bar. The custom butlers pantry/dry bar is designed for additional storage & enhances the home's entertaining vibe. The private Primary suite features custom plantation shutters & a row of thoughtfully organized closets. An elegant Marble ensuite Bathroom features dual vanities custom cabinetry for extra storage and a luxurious walk in shower. A generous sized 2nd BR with organized closets & custom silhouette shades is complimented by a spacious 2nd bathroom w/custom step in shower. A large laundry room & walk in coat /"costco" closet are located off the foyer. Additional features through out the home include recessed lighting custom Hunter Douglas silhouette shades & California Closets. One Car Garage space & Storage room included completes this stunning lovingly maintained home. LOW HOA $556 mo VERY healthy assoc. $71,000 reserve & no special assessments. Huge potential to personalize and be in the most desired location in the West Loop. Steps to Monteverde & Starbucks xrss the road a few blocks to Randolph's St Restaurant Row, hot Fulton Market restaurants nightlife, boutiques, workout studios, Target, Whole Foods, Mariano's, United Center, the EL the Madison Bus stop and 90/94 access. SKINNER SCHOOL DISTRICT!

MLS# 12765654Listed September 22, 2026Residential
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories5
Garage Spaces1
Fireplaces1
Lot Sizecommon

Location

CountyCook
TownshipWest Chicago
Zip Code60607

Financial

List Price$825,000
Original Price$860,000
Annual Taxes (2025)$19,807
Monthly Tax Est.$1,651
Parcel #17084460281007
Interior Features

Appliances

Double OvenMicrowaveDishwasherHigh End RefrigeratorWasherDryerDisposalStainless Steel Appliance(s)CooktopOvenGas OvenRange Hood

Flooring

Hardwood

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

Main LevelWasher HookupIn UnitLaundry ClosetSink

Fireplace

Gas LogGas Starter
Exterior & Lot

Construction

BrickConcrete

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers

Parking

YesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$556
Monthly

HOA Includes

WaterParkingInsuranceTV/CableScavengerSnow RemovalInternet
Schools
Elementary
Skinner Elementary School
District: 299
Tax & Financial
Annual Taxes
$19,807
Tax Year 2025
Monthly Tax Est.
$1,651
per month
Price Reduced by $35,000
Original list price: $860,000
Property Location

1016 Madison Street, Chicago, IL 60607 — Cook County

$825,000
1016 Madison Street
2 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
18 days on market
1-car garage
1 fireplace
common
$19,807/yr taxes
$556 HOA (monthly)
Price reduced $35,000
$6,542
estimated monthly payment
Principal & Interest
$4,336/mo
Property Tax
$1,651/mo
HOA
$556/mo
$825,000
20% — $165,000
3%50%
6.875%
3%12%
Loan Amount
$660,000
Down Payment
$165,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
@properties Christie's International Real Estate
Agent: Penny Bagherpour
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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