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$375,000
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Property Description
Experience sophisticated West Loop living in this rare 1 bed, 1 bath loft-style residence at 1001 W Madison, with heated garage parking included in the price. This thoughtfully designed 800 sq ft home features an expansive open-concept living area that easily accommodates generous seating, ideal for both everyday living and entertaining. Large windows, high ceilings, and hardwood floors create a light-filled, contemporary loft ambiance, while the open bedroom ceiling maintains the neighborhood's signature urban feel. The well-appointed kitchen provides ample cabinetry and counter space. The bedroom comfortably fits a king-sized bed and offers excellent closet storage. A spacious full bath with tub, in-unit laundry (all-in-one washer dryer), and an included storage unit adds everyday convenience. Major mechanicals updated: new furnace and central air installed in May 2025. Professionally managed, pet-friendly elevator building with fitness room and sundeck; financially robust, well-run HOA with approximately $804,000 in reserves. Prime West Loop address near Randolph, Fulton Market, Mary Bartelme Park, groceries, CTA, Metra, and expressways.
Full Property Details
Full Property Details for 1001 W Madison St #510
General
- Price: $375,000
- HOA FEE: $461/month
- Taxes: $5,590 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12673816
- Updated: 6/21/2026
- Added to Site: 8 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Attached, Garage
Location
- Area: CHI - Near West Side
- County: Cook
- Township: West Chicago
- Driving Directions: Southwest corner of Madison and Morgan
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Skinner Elementary School
Community
- Assoc. Fees Include: Air Conditioning, Water, Parking, Insurance, Security, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: First Service Residential
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 5
- Stories/Levels: 7
- Square Feet: 800
- Sq. Ft. Source: Assessor
- Year Built: 2001
Unit Information
- Units in Building: 90
Lot Features
- Lot Dimensions: common
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Master Assoc. Fee: $461
- Association Fee: $461
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: 461
- Transfer Fees: $461
- Other Assoc Fees: $461
- Parking Included: Yes
- Assessment Year: 2001
- Tax Amount: $5,590
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17172030301156
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Schools
Schools serving 1001 W Madison St #510
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Skinner Elementary School 111 South Throop Street, Chicago, IL 60607 | PK-5 | 0.4 mi |
Brown W Elementary School 54 North Hermitage Avenue, Chicago, IL 60612 | K-5 | 1 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1001 W Madison St #510
Date
Details
Price
Change
Source
6/15/2026
Listed
$375,000
33.93%
MLS
9/26/2006
Sold
$280,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1001 W Madison St #510
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,790
—
$27,719
1%
2023
$5,790
3%
$27,346
—
2022
$5,644
2%
$27,346
—
2021
$5,517
-1%
$27,346
10%
2020
$5,572
1%
$24,929
-9%
2019
$5,500
2%
$27,283
—
2018
$5,407
26%
$27,283
38%
2017
$4,284
8%
$19,831
—
2016
$3,972
9%
$19,831
—
2015
$3,634
29%
$19,831
31%
2014
$2,818
2%
$15,190
—
2013
$2,763
1%
$15,190
—
2012
$2,726
—
$15,190
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1001 W Madison St #510
1001 W Madison Street #510, Chicago, IL 60607 (MLS# 12673816) is a Condo property with 1 bedroom and 1 full bathroom. 1001 W Madison Street #510 is currently listed for $375,000 and was received on June 15, 2026. Want to learn more about 1001 W Madison Street #510? Do you have questions about finding other Condo real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

