$770,000
●
Condo -
Off Market
1312 W MADISON Street #2A
Chicago, IL 60607
3 Beds
2 Baths
$809,554
RealtyHop Estimate
4.46%
Since Jul 1, 2022
IL-Chicago
Primary Model
About This Property
Spacious 3 bed/2 bath corner unit in prime West Loop location!
Sunny, open concept living area. Eat in kitchen with Italian Copat
cabinetry, quartz countertops, island with bar seating, stainless
Bosch appliances, and wine fridge. Beautiful hardwood flooring
throughout + generous ceiling heights. Primary suite features
walk-in closet and spa-like bath with separate tub and shower +
dual sinks. Private balcony. Attached garage parking. Awesome
location steps to great restaurants, entertainment, shopping,
groceries, public transportation and much more!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$1,129
HOA Dues
$392
Year Built
2004
Payment Calculator
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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 #11387887)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2022 | Sold | ||
| Sold | |||
| Apr 28, 2022 | Listed by Jameson Sotheby's Intl Realty | $775,000 | |
| Listed by Jameson Sotheby's Intl Realty | |||
Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 3
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Elevator, Hardwood Floors
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
Rooms: 6
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 6-10 Years
Rebuilt(Y/N): No
Parcel Number: 17083360451002
Property Type: Residential
Year Built: 2012
No Disability Access
Special Conditions: None
Lot Size Dimensions: CONDO
Water Source: Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $13,545
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: West Chicago
Corporate Limits: Chicago
Directions: Madison St East of Ogden Ave to address (Corner of Madison and Ada)
County or Parish: Cook
Elementary School District: 299
Elementary School: Skinner Elementary School
Middle Or Junior School District: 299
High School District: 299
Other Details
Association Fee Includes: Water, Insurance, Exterior Maintenance, Snow Removal
Association Fee: $392
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 |
|---|---|---|---|---|---|---|---|
|
07/10/2025
|
3 Bed
|
2 Bath
|
1900 ft²
|
$899,999
3 Bed
2 Bath
1900 ft²
|
-
-
|
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
| |
|
03/27/2025
|
3 Bed
|
2 Bath
|
1675 ft²
|
$1,125,000
3 Bed
2 Bath
1675 ft²
|
$1,125,000
05/30/2025
|
Kelsey Mayher
Jameson Sotheby's Int'l Realty
| |
|
02/27/2025
|
3 Bed
|
2 Bath
|
1900 ft²
|
$1,274,999
3 Bed
2 Bath
1900 ft²
|
$1,274,999
03/17/2025
|
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
| |
|
04/17/2024
|
3 Bed
|
2 Bath
|
1450 ft²
|
$749,999
3 Bed
2 Bath
1450 ft²
|
$740,000
-1.33%
06/18/2024
|
Matt Laricy
Americorp, Ltd
| |
|
04/03/2023
|
3 Bed
|
2 Bath
|
1450 ft²
|
$774,950
3 Bed
2 Bath
1450 ft²
|
-
-
|
Matt Laricy
Americorp, Ltd
| |
|
06/16/2022
|
3 Bed
|
2 Bath
|
-
|
$785,000
3 Bed
2 Bath
|
-
-
|
Daniel Close
Redfin Corporation
| |
|
06/02/2022
|
3 Bed
|
2 Bath
|
1700 ft²
|
$895,000
3 Bed
2 Bath
1700 ft²
|
$895,000
07/29/2022
|
Lisa Petrik
Jameson Sotheby's Intl Realty
| |
|
04/28/2022
|
3 Bed
|
2 Bath
|
-
|
$775,000
3 Bed
2 Bath
|
$770,000
-0.65%
06/01/2022
|
Jason O'Beirne
Jameson Sotheby's Intl Realty
| |
|
09/21/2021
|
3 Bed
|
2 Bath
|
-
|
$775,000
3 Bed
2 Bath
|
-
-
|
Daniel Close
Redfin Corporation
| |
|
08/31/2021
|
3 Bed
|
2 Bath
|
1450 ft²
|
$765,000
3 Bed
2 Bath
1450 ft²
|
$750,000
-1.96%
10/15/2021
|
Michael Battista
Jameson Sotheby's Intl Realty
| |
|
06/04/2020
|
3 Bed
|
2 Bath
|
-
|
$835,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
01/07/2020
|
3 Bed
|
2 Bath
|
1900 ft²
|
$975,000
3 Bed
2 Bath
1900 ft²
|
-
-
|
-
| |
|
08/04/2017
|
3 Bed
|
2 Bath
|
1675 ft²
|
$949,000
3 Bed
2 Bath
1675 ft²
|
$885,000
-6.74%
10/01/2017
|
James Meese
Compass
|
Building Info
About West Side
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Listed by: Jason O'Beirne, Jameson Sotheby's Intl Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11387887
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# 11387887
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