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901 West Madison Street

901 West Madison Street, Chicago, IL 60607
1 Units For Sale
Unit for sale at 901 W Madison Street, Chicago, IL 60607

$385,000

  • 1 Bed
  • 1.5 Baths
  • 864 ft²
901 W Madison Street #804, Chicago, IL 60607 Listing by Riely Joosten

901 West Madison Street is a condo located in Near West Side, Chicago. The building was first built in 2005 and is 19 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! On weekends, residents can enjoy the building's deck. There are 94 closings on record, of which we have matching data for 8 listings. In the past 3 years, a listing in this building will typically remain on the market for about 129 days and tend to sell below the original asking price of $417,000 by 0.66%. Meaning, listings tend to sell at a median of $412 price per square foot. The transaction that took the longest to complete was unit 419, listed on Aug 28, 2020 for $615,000. This particular unit ultimately sold 238 days later for $580,000. The most recent transaction was for unit 711, which was first advertised on Aug 17, 2021, sold for $427,500 on Nov 02, 2021. Fun fact, the oldest transaction we have on record took place on Jun 27, 2007. See the full transaction history for 901 West Madison Street below.

Near West Side, where 901 West Madison Street is located, has a median asking price of $589,900 for condo buildings. Meanwhile, the building itself has a median asking price of $417,000. For interested buyers, that means the building's median asking price is around 0.29% 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.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $385,000. It is a 864 sqft 1-bedroom and 1.5-bathroom unit.

Building Features

Exterior

Brick Exterior
Concrete Exterior
Glass Exterior
Block Exterior

Parking

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

31 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240118 Unit 514
01/18/2024
514
2 Bed
2 Bath
-
$525,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Tiffany Moret
Compass
20230310 Unit 917
03/10/2023
917
2 Bed
2 Bath
1400 ft²
$585,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1400 ft²
-
-
-
Nathaniel Thompson
Baird & Warner
20230125 Unit 907
01/25/2023
907
1 Bed
1.5 Bath
1050 ft²
$454,900
bedrooms
1 Bed
bathrooms
1.5 Bath
square feet
1050 ft²
-
-
-
Vanessa Carlson
iRealty Flat Fee Brokerage
20221013 Unit 818
10/13/2022
818
3 Bed
2.5 Bath
1388 ft²
$525,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
1388 ft²
-
-
-
Jason Palermo
RE/MAX Vision 212
20220810 Unit 804
08/10/2022
804
1 Bed
2 Bath
864 ft²
$375,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
864 ft²
-
-
-
Riely Joosten
Compass
20220403 Unit 1012
04/03/2022
2 Bed
3 Bath
-
$625,000
bedrooms
2 Bed
bathrooms
3 Bath
-
-
-
Karen Schwartz
Dream Town Realty
20220406 Unit 513
04/06/2022
513
2 Bed
2 Bath
1100 ft²
$425,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1100 ft²
-
-
-
Tim Mullet
Dream Town Realty
20220331 Unit 812
03/31/2022
812
2 Bed
2 Bath
-
$445,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Patrick Natale
Compass
20211028 Unit 707
10/28/2021
707
2 Bed
2 Bath
1300 ft²
$525,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1300 ft²
-
-
-
Matt Laricy
Americorp Ltd-Matt Laricy Group
20211227 Unit 907
12/27/2021
907
1 Bed
2 Bath
1100 ft²
$475,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1100 ft²
-
-
-
Vanessa Carlson
iRealty Flat Fee Brokerage
20210928 Unit 1011
09/28/2021
2 Bed
2 Bath
-
$575,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Karen Schwartz
Dream Town Realty
20210817 Unit 711
08/17/2021
711
2 Bed
2 Bath
-
$409,000
bedrooms
2 Bed
bathrooms
2 Bath
$427,500 +4.52%
11/02/2021
Jill Silverstein
Compass
20210509 Unit 505
05/09/2021
505
1 Bed
2 Bath
1072 ft²
$399,900
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1072 ft²
-
-
-
-
20210514 Unit 821
05/14/2021
821
1 Bed
1 Bath
-
$385,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20200828 Unit 419
08/28/2020
419
2 Bed
2 Bath
1450 ft²
$615,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1450 ft²
$580,000 -5.69%
04/23/2021
Terrie Whittaker
20201202 Unit 817
12/02/2020
817
2 Bed
2 Bath
-
$575,000
bedrooms
2 Bed
bathrooms
2 Bath
$550,000 -4.35%
05/07/2021
Kara Moll
20200727 Unit 413
07/27/2020
413
2 Bed
2 Bath
-
$425,000
bedrooms
2 Bed
bathrooms
2 Bath
$425,000
12/08/2020
Joel Holland
20200309 Unit 509
03/09/2020
509
2 Bed
2 Bath
1100 ft²
$480,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1100 ft²
$455,000 -5.21%
10/27/2020
Kristine Daley
20200527 Unit 606
05/27/2020
606
1 Bed
1 Bath
850 ft²
$350,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
850 ft²
$380,000 +8.57%
08/25/2020
Michael Samm
20200508 Unit 414
05/08/2020
414
2 Bed
2 Bath
1100 ft²
$449,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1100 ft²
-
-
-
-
20200429 Unit 406
04/29/2020
406
1 Bed
1 Bath
833 ft²
$380,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
833 ft²
$375,000 -1.32%
08/06/2020
Lauren Apicella
20200424 Unit 602
04/24/2020
602
1 Bed
1 Bath
802 ft²
$330,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
802 ft²
$355,000 +7.58%
08/25/2020
Lance Kirshner
20200128 Unit 911
01/28/2020
911
1 Bed
2 Bath
877 ft²
$390,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
877 ft²
-
-
-
-
20191028 Unit 609
10/28/2019
609
2 Bed
2 Bath
1100 ft²
$485,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1100 ft²
-
-
-
-
20191018 Unit 415
10/18/2019
415
2 Bed
2 Bath
1078 ft²
$425,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1078 ft²
-
-
-
-
20190624 Unit 904
06/24/2019
904
1 Bed
2 Bath
-
$370,000
bedrooms
1 Bed
bathrooms
2 Bath
-
-
-
-
20190614 Unit 910
06/14/2019
910
1 Bed
2 Bath
1137 ft²
$499,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1137 ft²
-
-
-
-
20190227 Unit 605
02/27/2019
605
1 Bed
2 Bath
1072 ft²
$450,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1072 ft²
-
-
-
-
20190327 Unit 405
03/27/2019
405
1 Bed
1 Bath
785 ft²
$370,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
785 ft²
-
-
-
-
20190221 Unit 618
02/21/2019
618
2 Bed
3 Bath
-
$650,000
bedrooms
2 Bed
bathrooms
3 Bath
-
-
-
-
20180905 Unit 1005
09/05/2018
1 Bed
2 Bath
877 ft²
-
bedrooms
1 Bed
bathrooms
2 Bath
square feet
877 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Living Units: 148
  • Business/Commerical Units Count: 400
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,973
  • 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: DUNCANS ADDITION TO CHICAGO
  • Land Acres: 0.803
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : CHICAGO 901 LLC
  • Previous Owner : 901 MADISON RETAIL LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: PD 899

Geography

  • District: 77
  • Parcel: 17-17-207-028-0000
  • Municipality: WEST CHICAGO
  • Latitude: 41.8814
  • Longitude: -87.6503

    Address

  • Full Address: 901 W Madison St
  • Address - House Number: 901
  • Street Direction: W
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 3369
  • Zip Code: 60607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $169,856
  • Tax Rate Code Area: 77100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,150,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY BANK N A
  • First Open Lien Mortgage Recording Date: Aug 27, 2018
  • First Open Lien Mortgage Loan Amount: $5,150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $3,292,048
  • Market Land Value: $145,140
  • Market Improvement Value: $3,146,908

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $823,012
  • Assessed Land Value: $36,285
  • Assessed Improvements Value: $786,727

    Sales

  • Current Sale Contract Date: May 11, 2017
  • Current Sale Recording Date: May 15, 2017
  • Current Sale Transaction ID: 1813328331
  • Current Sale Price: $5,700,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1713516061

    Last Sale Mortgage

  • First Mortgage Lender: LAKESIDE BANK
  • First Mortgage Transaction Date: May 15, 2017
  • First Mortgage Loan Amount: $3,900,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 15, 2020

    Financing

  • First Mortgage Financing Type: Unknown

About West Side



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Frequently Asked Questions

What neighborhood is 901 West Madison Street located in?
The 901 West Madison Street is a condo located in the neighborhood of Near West Side in West Side, Chicago.
How many listings are currently for sale in 901 West Madison Street?
There is one unit for sale right now.
What is the average sales price for listings in 901 West Madison Street?
The average sales price for units in 901 West Madison Street is $417,000 , or $412/sqft. currently.

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