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Chicago 60607 Near West Side
1025 W Madison Street #4
$620,000
● Condo - Off Market

1025 W Madison Street #4

Chicago, IL 60607
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$626,750
RealtyHop Estimate
4.46%
Since Jul 1, 2022
IL-Chicago
Primary Model

About This Property

WESTLOOP PENTHOUSE with PRIVATE OUTDOOR SPACE! Need we say more? Seriously, nothing else like it on market. RARE chance to grab this! Now you can own this penthouse in an intimate 4-unit boutique building in the heart of the West Loop - where everyone dreams to be! Spacious 1600 sq ft 2 Bed/2 Bath PLUS bonus room for den/office/family room/etc. Ridiculously low assessments make this the real deal! Totally turn-key & move-in condition. Entertain & impress your guests in the massive living/dining space with the open kitchen that has been updated with new quartz countertops, backsplash and stainless steel appliances. True Chicago loft-style living with exposed brick and both primary and secondary bedrooms fully enclosed for privacy. Primary bedroom boasts a huge walk-in closet and the recently renovated adjacent ensuite bath offers a separate shower, dual vanity and French doors. 10' x 17' "Bonus Room" is large enough to be used as a den, 3rd bedroom, media space, home office, workout room, etc. - use your imagination to suit your lifestyle needs. Enjoy the private outdoor space that fits a grill and dining table for the perfect oasis in the heart of the city. Extra tall ceilings (only for the penthouse level!) with its north & south exposures allow for true unobstructed city views and tons of natural light to flood the unit that give this home a unique and airy feeling - a must see for yourself! Laundry is in-unit and not in a closet, located in a separate room with additional storage. Both furnace and AC are new. Real hardwood floors throughout. Pet friendly - dogs up to 50lbs welcome. Low HOA of $260. Healthy building reserves and no special assessments. Deeded parking right next door at 1001 W Madison for an additional $35K that gives you access to the use that building's amenities including the gym & sundeck at no additional charge. Investor friendly - minimum 6 month leases. Currently 100% owner occupied. Location is stellar! 2 blocks south of Randolph's famous "Restaurant Row", 2 blocks to Bartelme Park, 3 blocks to Skinner Park & Bark Park, near Rush, UIC and easy commute into the loop or reverse commutes outbound on 290 and the Kennedy. Check out the 3D tour! This one is hot, book your in-person or virtual tour before it's too late!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$375
Property Type
Condo
Property Taxes
$1,000
HOA Dues
$260
Year Built
2004

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Last updated: 3 years ago (MRED MLS #11387010)

Price History

Date / Event Date Event Price
Jun 2, 2022 Sold
Sold
Apr 27, 2022 Listed by @properties Christie's International Real Estate $599,999
Listed by @properties Christie's International Real Estate
May 1, 2017 Sold
Sold
Mar 13, 2017 Listed by Best Chicago Properties, LLC $589,900
Listed by Best Chicago Properties, LLC
Amazing Top Floor 2 Bed/ 2 Bath plus Den in a boutique 4 unit, walk-up building right on Madison in West Loop. North and South exposures, exposed brick, hardwood throughout, massive living space and a private balcony. Kitchen features granite island and stainless appliances. Master suite has a whirlpool tub, separate shower, dual vanity and French doors. Deeded garage parking included. Close to transportation, shopping, and West Loop nightlife.

Property Highlights

Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Deeded Sold Separately
Garage On-Site: No
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan, Dining Combo
Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Rooms: 6
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 16-20 Years
Rebuilt(Y/N): No
Parcel Number: 17172030321004
Property Type: Residential
Year Built: 2005
Roof: Rubber
No Disability Access
Special Conditions: None
Exterior Features: Balcony, Deck, Storms/Screens, Cable Access
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $11,997
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: West Chicago
Corporate Limits: Chicago
Directions: Located at Madison West of Morgan
County or Parish: Cook
Elementary School District: 299
Elementary School: Skinner Elementary School
Middle Or Junior School District: 299
Middle Or Junior School: William Brown Elementary School
High School District: 299
High School: Wells Community Academy Senior H
Other Details
Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger
Association Fee: $260
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20250624 Unit 1
06/24/2025
1
2 Bed
2 Bath
1550 ft²
$599,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1550 ft²
$625,000 +4.34%
09/10/2025
Tyler Stallings
Corcoran Urban Real Estate
20241025 Unit 1
10/25/2024
1
2 Bed
2 Bath
1550 ft²
$610,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1550 ft²
-
-
Jessica Macey
Zoubi Realty LTD
20220427 Unit 4
04/27/2022
4
2 Bed
2 Bath
1600 ft²
$599,999
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1600 ft²
$620,000 +3.33%
06/02/2022
Nahyun Lee
Vesta Preferred LLC
20170801 Unit 2
08/01/2017
2
2 Bed
2 Bath
-
$589,900
bedrooms
2 Bed
bathrooms
2 Bath
$600,000 +1.71%
09/29/2017
Tommy Choi
Keller Williams - Chicago - Lincoln Park
20170313 Unit 4
03/13/2017
4
2 Bed
2 Bath
-
$589,900
bedrooms
2 Bed
bathrooms
2 Bath
$600,000 +1.71%
05/01/2017
Charles Gullett
Best Chicago Properties, LLC

Building Info

1025 West Madison Street 1025 West Madison Street, Chicago, IL 60607
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1025 West Madison Street
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