1016 W Madison Street #4S
Chicago, IL, 60607
$875,000
2 Beds
2 Baths
1,953 SqFt
0 Acres
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MLS #MRD12675751 image #0
Open House Jun 21, 2026
01:00 – 03:00
Nestled in the heart of the West Loop at Madison & Morgan, this exceptional residence is being offered for sale for the very first time by its original owner. Located in an intimate 8-unit elevator building with only two homes per floor, this rarely available south-facing 2BR/2BTH home offers 1,900 square feet of living space & an EZ Convert to a 3BR layout. A gracious foyer featuring classic black-and-white harlequin tile welcomes you into an open floor plan bathed in natural southern light. Soaring 12FT+ ceilings, custom wainscoting, crown moldings & oversized windows create an elegant backdrop thru out the home.The expansive 27-foot living room offers flexibility with ample space for multiple seating areas, entertaining & a space for a home office. Oversized windows with custom plantation shutters, a cozy gas fireplace & access to the large south-facing balcony showcase sweeping city views & the Iconic Willis Tower. The balcony provides generous space for grilling, & relaxing while enjoying the skyline. The spacious dining area flows seamlessly into a redesigned chef’s kitchen featuring the PRO Series Viking appliances, includes the refrigerator, double oven/convection microwave with warming drawer, six-burner gas cooktop with grill, and a Bosch dishwasher. Granite countertops, custom backsplash, under-cabinet lighting, and a bespoke island create both functionality & style. A custom butler’s pantry & dry bar with additional cabinetry & granite workspace further enhance the home’s entertaining capabilities. Both bedrooms are fully enclosed for privacy. All closets are California Closets & custom Hunter Douglas window treatments are featured throughout the home. The tranquil primary suite serves as a private retreat, offering custom plantation shutters, abundant closet space, & a luxurious spa-inspired ensuite bath. Completely renovated w/premium finishes, dual vanities, a large walk-in shower, marble flooring and tile work, & extra storage. The generously sized second bedroom offers ample closet space & is complemented by a beautifully renovated second bath featuring a walk-in shower with custom bench seating and a stylish vanity. (No tubs) Additional highlights include a full-size laundry room w/Maytag washer and dryer, a large walk-in coat & storage closet off the foyer, 1 GAR parking space, and a storage unit. Offering incredible value and endless potential for personalization, this remarkable home is priced under $1 million in one of Chicago’s most sought-after neighborhoods. The virtually staged photos illustrate the possibilities for making this residence your own. Reserves are $71,000 and no Special Assessments.

Property Details

Price:
$875,000
MLS #:
MRD12675751
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Neighborhood:
chinearwestside
Listed Date:
Jun 11, 2026
Finished Sq Ft:
1,953
Parking TotalChi – Near West SideChinearwestside

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Schools

School District:
299

Interior

Appliances
Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Oven, Gas Cooktop, Gas Oven
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Hardwood
Heating
Natural Gas, Forced Air, Radiant Floor
Interior Features
Dry Bar, Walk-In Closet(s), High Ceilings, Open Floorplan, Special Millwork, Granite Counters, Separate Dining Room, Pantry
Laundry Features
Washer Hookup, In Unit

Exterior

Construction Materials
Brick
Exterior Features
Balcony
Garage Spaces
1
Parking Features
Garage Door Opener, Yes, Garage Owned, Attached, Garage
Parking Spots
1
Parking Total
1

Financial

HOA Fee
$556
HOA Fee Frequency
Monthly
HOA Includes
Water, Insurance, Security, TV/Cable, Scavenger, Snow Removal, Internet
Tax Year
2025
Taxes
$15,014

Map

Community

Market Summary

Current real estate data for Condo in Chicago as of Jun 19, 2026
3,530
Condo Listed
55
Avg DOM
380
Avg $ / SqFt
$629,866
Avg List Price

Property Summary

    1016 W Madison Street #4S Chicago IL is a Condo for sale in Chicago, IL, 60607. It is listed for $875,000 and features 2 beds, 2 baths, and has approximately 1,953 square feet of living space.The current price per square foot is $448. The average price per square foot for Condo listings in Chicago is $380. The average listing price for Condo in Chicago is $629,866.

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1016 W Madison Street #4S
Chicago, IL