$560,000
●
Condo -
Off Market
1111 W Madison Street #3F
Chicago, IL 60607
2 Beds
2 Baths
1,550 Ft²
$643,293
RealtyHop Estimate
10.93%
Since Mar 1, 2022
IL-Chicago
Primary Model
About This Property
West Loop, two bedroom, two bath over 1500 sq.ft with 10' ceiling
height in boutique elevator building and low assessments. This
single level residence offers a spacious floor plan with separate
dining space that can seat upto 10, large living area with gas
fireplace and additional space for a home office. Classic,
refinished white kitchen with granite countertops, breakfast bar
and newer appliances (dishwasher 2021, refrigerator 2019). Private
balcony off the living room makes for the perfect grilling area.
Large primary suite with walk-in closet, outfitted with Elfa
shelving and en-suite bathroom. Equally spacious and fully enclosed
2nd bedroom. Hardwood floors and custom window treatments are
throughout the entire unit. This home is extremely bright and well
maintained. In-door, deeded garage parking space (P-2 and
large storage cage, 3F) included in the price. Ideal location,
steps away from shops, transportation, dining, parks and everything
else the West Loop has to offer.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$374
Property Type
Condo
Property Taxes
$831
HOA Dues
$419
Year Built
2007
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #11301868)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Jan 11, 2022 | Listed by Jameson Sotheby's Intl Realty | $579,900 | |
| Listed by Jameson Sotheby's Intl Realty | |||
| Dec 22, 2021 | No longer available | - | |
| No longer available | |||
| Nov 15, 2021 | Listed by Jameson Sotheby's Intl Realty | $579,900 | |
| Listed by Jameson Sotheby's Intl Realty | |||
| | |||
|
West Loop, two bedroom, two bath over 1500 sq.ft with 10' ceiling height in boutique elevator building and low assessments. This single level residence offers a spacious floor plan with separate dining space that can seat upto 10, large living area with gas fireplace and additional space for a home office. Classic, refinished white kitchen with granite countertops, breakfast bar and newer appliances (dishwasher 2021, refrigerator 2019). Private balcony off the living room makes for the perfect grilling area. Large primary suite with walk-in closet, outfitted with Elfa shelving and en-suite bathroom. Equally spacious and fully enclosed 2nd bedroom. Hardwood floors and custom window treatments are throughout the entire unit. This home is extremely bright and well maintained. In-door, deeded garage parking space (P-2 and large storage cage, 3F) included in the price. Ideal location, steps away from shops, transportation, dining, parks and everything else the West Loop has to offer. The manager has listed the unit size as 1550 square feet.
| |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Ceiling - 10 Foot
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Rooms: 5
Fireplace Features: Gas Log
Fireplaces: 1
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 21-25 Years
Rebuilt(Y/N): No
Parcel Number: 17172000241014
Property Type: Residential
Year Built: 2001
Roof: Rubber
No Disability Access
Special Conditions: None
Exterior Features: Balcony, Storms/Screens, End Unit
Lot Size Dimensions: CONDO
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $9,972
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: MADISON TO ABERDEEN, ON THE SOUTHWEST CORNER (15 min flashing zone in front)
County or Parish: Cook
Elementary School District: 299
Elementary School: Skinner Elementary School
Middle Or Junior School District: 299
Middle Or Junior School: Skinner Elementary School
High School District: 299
Other Details
Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal
Association Fee: $419
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/07/2026
|
2 Bed
|
2 Bath
|
1300 ft²
|
$675,000
2 Bed
2 Bath
1300 ft²
|
$675,000
07/01/2026
|
Michael Shenfeld
Jameson Sotheby's Intl Realty
| |
|
01/06/2026
|
2 Bed
|
2 Bath
|
1500 ft²
|
$715,000
2 Bed
2 Bath
1500 ft²
|
$725,000
+1.40%
01/28/2026
|
Michael Shenfeld
Jameson Sotheby's Intl Realty
| |
|
05/05/2025
|
2 Bed
|
2 Bath
|
1550 ft²
|
$799,500
2 Bed
2 Bath
1550 ft²
|
$765,000
-4.32%
07/17/2025
|
Mario Greco
Compass
| |
|
05/07/2024
|
2 Bed
|
2 Bath
|
1518 ft²
|
$670,000
2 Bed
2 Bath
1518 ft²
|
$681,000
+1.64%
07/01/2024
|
Cadey O'Leary
Jameson Sotheby's Intl Realty
| |
|
10/11/2023
|
2 Bed
|
2 Bath
|
-
|
$749,000
2 Bed
2 Bath
|
$735,000
-1.87%
12/08/2023
|
Timothy Sheahan
Compass
| |
|
02/02/2023
|
2 Bed
|
2 Bath
|
1554 ft²
|
$625,000
2 Bed
2 Bath
1554 ft²
|
$630,000
+0.80%
02/22/2023
|
Shane Wulbert
@properties Christie's International Real Estate
| |
|
11/15/2021
|
2 Bed
|
2 Bath
|
1550 ft²
|
$579,900
2 Bed
2 Bath
1550 ft²
|
-
-
|
Maria Casciaro
Jameson Sotheby's Intl Realty
| |
|
07/29/2021
|
2 Bed
|
2 Bath
|
1300 ft²
|
$485,000
2 Bed
2 Bath
1300 ft²
|
$485,000
09/27/2021
|
Liz Jones
Keller Williams ONEChicago
| |
|
07/06/2021
|
2 Bed
|
2 Bath
|
1250 ft²
|
$497,000
2 Bed
2 Bath
1250 ft²
|
$487,500
-1.91%
09/03/2021
|
Maria Bernardi
Berkshire Hathaway HomeServices Chicago
| |
|
03/31/2021
|
2 Bed
|
2 Bath
|
1300 ft²
|
$459,000
2 Bed
2 Bath
1300 ft²
|
$450,000
-1.96%
05/11/2021
|
Kathie Bock, CRS
@properties
| |
|
03/19/2021
|
2 Bed
|
2 Bath
|
1518 ft²
|
$585,000
2 Bed
2 Bath
1518 ft²
|
$580,000
-0.85%
07/15/2021
|
Angela Carbonara
Kale Realty
| |
|
07/30/2020
|
2 Bed
|
2 Bath
|
1300 ft²
|
$509,000
2 Bed
2 Bath
1300 ft²
|
$500,000
-1.77%
05/05/2021
|
William Grossmann
| |
|
01/14/2021
|
2 Bed
|
2 Bath
|
-
|
$699,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
09/08/2020
|
2 Bed
|
2 Bath
|
-
|
$725,000
2 Bed
2 Bath
|
$677,500
-6.55%
12/16/2020
|
Maureen Rush
| |
|
08/22/2018
|
2 Bed
|
2 Bath
|
1300 ft²
|
-
2 Bed
2 Bath
1300 ft²
|
-
-
|
-
| |
|
05/02/2017
|
2 Bed
|
2 Bath
|
1400 ft²
|
$624,900
2 Bed
2 Bath
1400 ft²
|
$630,000
+0.82%
07/03/2017
|
Martin Taradejna
Compass
| |
|
04/21/2017
|
2 Bed
|
2 Bath
|
1450 ft²
|
$525,000
2 Bed
2 Bath
1450 ft²
|
$525,000
06/26/2017
|
Steven Powers
Century 21 S.G.R., Inc.
| |
|
11/06/2007
|
2 Bed
|
2 Bath
|
-
|
$344,000
2 Bed
2 Bath
|
$335,000
-2.62%
03/06/2008
|
Nicholas Colagiovanni
Baird & Warner
| |
|
10/01/2007
|
2 Bed
|
2 Bath
|
1518 ft²
|
$404,900
2 Bed
2 Bath
1518 ft²
|
$418,000
+3.24%
05/29/2008
|
Peter Magas
Peter N Magas
|
Building Info
About West Side
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Listed by: Maria Casciaro, Jameson Sotheby's Intl Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11301868
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11301868
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