$630,000
●
Condo -
Off Market
1111 W Madison Street #5D
CHICAGO, IL 60607
2 Beds
2 Baths
1,400 Ft²
$873,169
RealtyHop Estimate
39.73%
Since Aug 1, 2017
IL-Chicago
Primary Model
About This Property
Unique Newly rehabbed unit in a boutique building within the
hottest neighborhood in Chicago! Walk out of your living room onto
your 700 sq ft private deck with skyline views. Newly redone
floors, huge master with large walk in closet & master bath.
Spacious kitchen features granite counters, SS appliances,
breakfast bar, large dining area, and living room. 2nd bedroom
features charming balcony. 1 garage parking & 1 secure exterior
parking spot included in price.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$446
Property Type
Condo
Property Taxes
$535
HOA Dues
$361
Year Built
2007
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Cap Rate Calculator
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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 #09613136)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Oct 11, 2023 | Listed by Compass | $749,000 | |
| Listed by Compass | |||
| | |||
|
Rarely available extra wide penthouse unit in a boutique elevator building located in prime West Loop location. Completely rehabbed brand new kitchen and dining area. This condo features a massive primary suite with walk a walk-in closet with a total renovated bathroom. Walk out of your living room onto a brand-new 700+ sq ft private deck with amazing skyline views. There are 2 parking spots included with this condo, one heated attached garage spot and an additional outdoor space. This smart home includes in-wall speakers throughout the entire unit for ultimate entertaining. Skinner school district.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 16, 2021 | In contract | - | |
| In contract | |||
| Mar 5, 2021 | Price Decreased |
$685,000
↓ $15K
(2.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
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
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 16-20 Years
Rebuilt(Y/N): No
Parcel Number: 07072000241023
Property Type: Residential
Year Built: 2001
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2015
Tax Annual Amount: $6,418
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: NORTH CHICAGO
Corporate Limits: CHICAGO
Directions: Madison West from Halsted
County or Parish: Cook
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Other Details
Association Fee Includes: Insurance, Scavenger
Association Fee: $361
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
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: , Conlon: A Real Estate Company
Last Updated: 3 years ago
Data Source: MRED, MLS# 09613136
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# 09613136
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