1016 W Madison St. #4S

$873,000 Active · 30 days on market
2
beds
2
baths
1,953
sq ft
$447
per sq ft

About this unit

Discover a completely re imagined version of this 2BR/2BTH 1900 SQ FT residence blending timeless character & modern soft loft living located on the COVETED SOUTH facing 4th floor one floor below the PH in a unique 8 unit elevator building w/only 2 homes per floor. This RARELY available 2BR/2BTH home lives large features a generous Balcony w/views of the iconic Willis Tower + 1 Gar Parking included. This home offers a layout with endless potential for personalization priced under $1m in one of Chicago's most sought-after neighborhoods. A gracious foyer featuring soaring ceilings classic black-and-white harlequin tile welcomes you into a spacious open floor plan with dramatic 12FT+ ceilings, classic features including Crown moldings & wainscoting oversized windows custom plantation shutters & a cozy gas fireplace create a charming backdrop thru out the home. The expansive Living area offers versatility of space to suit your individual living style has a dedicated office area & formal Dining room all seamlessly connected to an open kitchen ideal for entertaining. Accessed from the LV the large south-facing balcony showcases sweeping city views the iconic Willis Tower & provides generous space for grilling & seating. The redesigned chef's kitchen features the PRO Series Viking appliances incl refrigerator, double oven/convection microwave w/WARMING drawer, 6 burner gas cooktop w/grill, & Bosch DW. Granite counters under-cabinet lighting & a bespoke island create functionality. A custom butler's pantry & dry bar w/added cabinetry & granite workspace further enhance the home's entertaining capabilities. Both BDRMS are fully enclosed for privacy. The tranquil Primary Suite serves as a private retreat, offering custom plantation shutters, abundant closet space, & a luxurious spa-inspired ensuite bath totally renovated w/luxe finishes, dual vanities, a large walk-in shower, marble flooring & tile work w/ extra storage. The generously sized 2nd BR offers ample closet space & is complemented by a beautifully renovated 2nd full bath featuring a walk-in shower w/custom bench & a marble top vanity. (No tubs) Additional highlights include laundry RM w/side by side Maytag W/D. All closets by California Closets & custom Hunter Douglas window treatments featured throughout the home. A large organized walk in coat closet with additional storage off the foyer. Storage room incl . Reserves $71,000 NO Special Assessments. Madison & Morgan is the heart of the west loop, the Morgan EL & Madison Buses at yr doorstep. Walk to Randolph st & Fulton Market dining Whole foods a few blocks & MONTEVERDE next door what more could you want?

Property details

The facts that decide a tour — straight from MRED.

Monthly costs
HOA$556 / mo
HOA includesWater, Insurance, Security, TV/Cable, Scavenger, Snow Removal, Internet
Annual tax$15,014 (2025)
Rules & parking
ParkingGarage Door Opener, Yes, Garage Owned, Attached, Garage
PetsCats OK, Dogs OK, Number Limit

What it costs each month

Live estimate. Tax based on Cook County 2024 effective rate. HOA pulled from the listing.

$873,000
$
20%$174,600
6.85%
30 years
Principal & interest$4,576 / mo
HOA$556 / mo
Property tax (est.)$1,251 / mo
All-in monthly$6,383

Estimate. Real rate depends on your lender, credit, and reserves. We'll connect you to a Chicago-based broker once you tour.

Listing history

The MLS trail for this unit — list events and price changes only.

Jul 23, 2026 Listed for sale $873,000current

About 1016 W Madison St.

A look at the building this unit is in.

1016 W Madison St.

West Loop condo
1 for sale · 0 for rent
For sale from $873K
View the building

Where it is

FAQ

Where do these listings come from?

Straight from the Midwest Real Estate Data (MRED) MLS, refreshed regularly — the same listings your buyer's agent sees, no curated subset.

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If owners are leasing units, the For Rent tab shows them. These are individual condo owners listing through the MLS, so lease terms and pet rules vary by unit.

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Same MLS feed, different model — we don't sell your contact info or turn every click into a lead. One Dibze condo expert handles your whole search and represents you, not the seller.

Listed by Penny Bagherpour · @properties Christie's International Real Estate · MLS #MRD12713794 · MRED
Mino Conenna
Mino Conenna
Licensed IL broker · Chicago condo specialist
Online now · replies in minutes

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