1301 W Madison St. #407

in 1301 W Madison St
$465,000 Active Under Contract · 19 days on market
2
beds
1
baths
1,168
sq ft
$398
per sq ft

About this unit

Don't miss this completely turnkey 2 bedroom/1 bath loft condo in the heart of the West Loop! Step inside to a bright and welcoming home with a well-designed layout that makes everyday living and entertaining effortless. The spacious and extra-wide living space provides plenty of room for lounging and dining, and even enough room for a home office setup. The updated open-concept kitchen offers white shaker-style cabinetry, granite countertops, stainless steel appliances, subway tile backsplash, and a center island. One of the home's standout features is the spacious walk-out terrace, offering a seamless extension of the living space and a private outdoor oasis. Perfect for morning coffee, al fresco dining, or entertaining friends; this sought-after amenity brings an extra level of enjoyment to city living. The functional floor plan offers two split bedrooms, both fully enclosed. The versatile second bedroom can be used as a comfortable guest suite, home gym, or office. Recent improvements include a gut-renovated bathroom, newer HVAC, new carpet in bedrooms, updated lighting, and custom closets throughout. One garage parking spot is included in the purchase price. Perfectly positioned along Madison Street, this home puts you in the center of everything that makes the West Loop one of Chicago's most coveted neighborhoods. Walk to an incredible selection of restaurants, coffee shops, nightlife, boutique fitness studios, shopping, and entertainment. Easy access to downtown, public transportation, expressways, and the area's many parks and green spaces add to the convenience.

Property details

The facts that decide a tour — straight from MRED.

Monthly costs
HOA$403 / mo
HOA includesWater, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Annual tax$7,995 (2025)
Rules & parking
ParkingYes, Garage Owned, Attached, Garage
PetsCats OK, Dogs OK

What it costs each month

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

$465,000
$
20%$93,000
6.85%
30 years
Principal & interest$2,438 / mo
HOA$403 / mo
Property tax (est.)$666 / mo
All-in monthly$3,507

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.

Sep 26, 2026 Active Under Contract Active Under Contractcurrent
Sep 8, 2026 Listed for sale $465,000

About Block Y

A look at the building this unit is in.

Block Y building

Block Y— 1301 W Madison St

West Loop condo · 6 floors · built 2001
1 for sale · 0 for rent
For sale from $465K
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.

Can I work with Dibze to buy?

Yes. A licensed Chicago buyer's agent lines up tours, writes offers, and handles the close. The seller pays the commission, so it's free to you — and we rebate part of it back at closing.

Can I rent in this building?

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.

How is this different from Redfin or Zillow?

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.

Recently sold in this building

Last 12 months of closed sales at Block Y — straight from MRED. For pricing context, not for tour.

Listed by Lance Kirshner · Compass · MLS #MRD12739191 · MRED
Mino Conenna
Mino Conenna
Licensed IL broker · Chicago condo specialist
Online now · replies in minutes

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