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1001 West Madison Street

1001 West Madison Street, Chicago, IL 60607
1001 West Madison Street is a condo located in Near West Side, Chicago. The building was first built in 2000 and is 24 years old.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 88 closings on record, of which we have matching data for 15 listings. In the past 3 years, a listing in this building will typically remain on the market for about 106 days Meaning, listings tend to sell at a median of $391 price per square foot. The transaction that took the longest to complete was unit 302, listed on Apr 20, 2020 for $339,900. This particular unit ultimately sold 317 days later for $326,000. The most recent transaction was for unit 512, sold for $610,500 on Jun 29, 2023. Fun fact, the oldest transaction we have on record took place on Dec 04, 2002. See the full transaction history for 1001 West Madison Street below.

Near West Side, where 1001 West Madison Street is located, has a median asking price of $619,950 for condo buildings. Meanwhile, the building itself has a median asking price of $460,000. For interested buyers, that means the building's median asking price is around 0.26% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Concrete Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

24 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231020 Unit 406
10/20/2023
406
2 Bed
2 Bath
1200 ft²
$475,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
Lee Cherney
Compass
20230413 Unit 512
04/13/2023
512
2 Bed
2 Bath
1500 ft²
$600,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1500 ft²
$610,500 +1.75%
06/29/2023
Elizabeth Ballis
Compass
20230412 Unit 715
04/12/2023
715
2 Bed
2 Bath
1357 ft²
$520,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1357 ft²
-
-
-
Julie Busby
Compass
20220706 Unit 704
07/06/2022
704
2 Bed
2 Bath
1000 ft²
$440,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1000 ft²
-
-
-
Elliot Small
Keller Williams Infinity
20220630 Unit 314
06/30/2022
314
2 Bed
2 Bath
-
$525,000
bedrooms
2 Bed
bathrooms
2 Bath
-
09/06/2022
Susan Levinson
Coldwell Banker Realty
20220526 Unit 304
05/26/2022
304
2 Bed
2 Bath
1035 ft²
$475,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1035 ft²
$475,000
07/21/2022
Niki Syllantavos
Dream Town Realty
20210624 Unit 203
06/24/2021
203
1 Bed
1 Bath
865 ft²
$365,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
865 ft²
$355,000 -2.74%
10/04/2021
Vinod Gambhir
Charles Rutenberg Realty of IL
20210525 Unit 701
05/25/2021
701
1 Bed
1 Bath
865 ft²
$360,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
865 ft²
$331,500 -7.92%
10/01/2021
Ryan Gossett
Compass
20210520 Unit 312
05/20/2021
312
2 Bed
2 Bath
1500 ft²
$525,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1500 ft²
$550,000 +4.76%
08/27/2021
Michael Linden
Redfin Corporation
20210513 Unit 713
05/13/2021
713
2 Bed
2 Bath
1255 ft²
$425,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1255 ft²
$485,000 +14.12%
09/10/2021
Reve' Kendall
Redfin Corporation
20210407 Unit 613
04/07/2021
613
2 Bed
2 Bath
-
$450,000
bedrooms
2 Bed
bathrooms
2 Bath
$480,000 +6.67%
06/24/2021
Kevin Binkley
20210112 Unit 405
01/12/2021
405
2 Bed
2 Bath
1150 ft²
$465,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1150 ft²
$440,000 -5.38%
06/10/2021
Matt Laricy
20210323 Unit 204
03/23/2021
204
2 Bed
2 Bath
-
$449,900
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20210304 Unit 714
03/04/2021
714
2 Bed
2 Bath
1328 ft²
$449,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1328 ft²
-
-
-
-
20200716 Unit 407
07/16/2020
407
2 Bed
2 Bath
1080 ft²
$449,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1080 ft²
$442,500 -1.64%
05/27/2021
Michael Linden
20210127 Unit 614
01/27/2021
614
2 Bed
2 Bath
1328 ft²
$460,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1328 ft²
$485,000 +5.43%
04/13/2021
Daniel Straus
20201007 Unit 211
10/07/2020
211
2 Bed
2 Bath
1514 ft²
$519,500
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1514 ft²
$535,000 +2.98%
03/15/2021
Matt Laricy
20200902 Unit 215
09/02/2020
215
2 Bed
2 Bath
-
$565,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20200204 Unit 302
02/04/2020
302
1 Bed
1 Bath
875 ft²
$339,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
875 ft²
-
-
-
-
20200507 Unit 308
05/07/2020
308
2 Bed
2 Bath
-
$469,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20200213 Unit 306
02/13/2020
306
2 Bed
2 Bath
1143 ft²
$465,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1143 ft²
$465,000
05/29/2020
Alysa Peterson
20190809 Unit 511
08/09/2019
511
2 Bed
2 Bath
1550 ft²
$569,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1550 ft²
$490,000 -13.88%
12/16/2019
Kevin Binkley
20190206 Unit 412
02/06/2019
412
2 Bed
2 Bath
1463 ft²
$575,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1463 ft²
-
-
-
-
20190306 Unit 204
03/06/2019
204
2 Bed
2 Bath
-
$499,900
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Living Units: 90
  • Business/Commerical Units Count: 91
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 26,170
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: EDWARD K ROGERS
  • Land Acres: 0.601
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : MADISON MORGAN LLC
  • Previous Owner : 1001 WEST MADISON LLC
  • Owner Before Previous Owner: SPEICHER BARBARA L
  • Owner Before Previous Owner 2: BARTON JOSEF J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 833100

Zoning

  • Zoning: DX-5

Geography

  • District: 77
  • Parcel: 17-17-203-029-0000
  • Lot: 1-9
  • Municipality: WEST CHICAGO
  • Latitude: 41.8814
  • Longitude: -87.6525

    Address

  • Full Address: 1001 W Madison St
  • Address - House Number: 1001
  • Street Direction: W
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C045
  • 4-Digit Zip Code: 2070
  • Zip Code: 60607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $95,877
  • Tax Rate Code Area: 77100

    Market Valuation

  • Market Total Value: $1,858,228
  • Market Land Value: $915,952
  • Market Improvement Value: $942,276

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,557
  • Assessed Land Value: $228,988
  • Assessed Improvements Value: $235,569

    Sales

  • Current Sale Contract Date: Jul 06, 2007
  • Current Sale Recording Date: Jul 19, 2007
  • Current Sale Transaction ID: 1177369993
  • Current Sale Price: $2,925,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 0720033042
  • Previous Sale Recording Date: Sep 13, 2004
  • Previous Sale Contract Date: Aug 20, 2004
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OXFORD BANK & TRUST
  • First Mortgage Transaction Date: Jul 19, 2007
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 83
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2014

    Financing

  • First Mortgage Financing Type: Unknown

About West Side



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Unit for rent at 1446 N Wood Street, Chicago, IL, 60622

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Frequently Asked Questions

What neighborhood is 1001 West Madison Street located in?
The 1001 West Madison Street is a condo located in the neighborhood of Near West Side in West Side, Chicago.
What is the average sales price for listings in 1001 West Madison Street?
The average sales price for units in 1001 West Madison Street is $460,000 , or $391/sqft. currently.

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