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Property Description
One-of-a-kind West Loop loft in intimate 8-unit elevator building with just two units per floor. This expansive 3BR/2BA home offers approx. 1,830sf with dramatic 14' ceilings, oversized 10' windows, hardwood floors, crown molding, and wainscoting throughout. The elegant marble foyer welcomes you home. Open floor plan flows seamlessly into a bright, inviting living area featuring a gas fireplace and ample space for dining and entertaining. A custom-designed bookshelf wall with sliding ladder serves as a striking architectural focal point, while a cozy loft above the kitchen offers versatile space for reading/sleeping. The open kitchen boasts granite countertops, abundant cabinetry, island seating, updated lighting, and a new oven/range, perfect for both everyday use and entertaining. A private balcony with grill extends the living space outdoors. The bedrooms are fully enclosed with windows and generously sized, offering privacy and flexibility. The primary suite features a floor-to-ceiling custom closet wall plus two additional closets. The 3rd BR is thoughtfully designed and currently used as an office. Notable upgrades include a full-size side-by-side washer/dryer and water heater. The home also offers a generous in-unit laundry room with sink. Garage parking included plus storage closet! Pet-friendly. Located in the heart of the vibrant West Loop, just steps from Randolph Street Restaurant Row, Fulton Market, Michelin-starred restaurants, designer boutiques, SoHo House, Mary Bartelme Park, Skinner Park, Whole Foods, Mariano's, and the Morgan L stop. HOA is $454/month.
Full Property Details
Full Property Details for 1016 W Madison St #2N
General
- Sold For: $850,000
- HOA FEE: $454/month
- Taxes: $15,014 (2024)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12545874
- Added to Site: Today
Interior
- Interior Features: Cathedral Ceiling(s), Dry Bar, Storage
- Fireplace: Yes
- Fireplace(s): Living Room, Attached Fireplace Doors/Screen, Gas Log, Gas Starter
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Elevator(s), Storage, Security Door Lock(s)
- Equipment: Cable TV, Dish Antenna, Security System, Intercom, Carbon Monoxide Detectors, Ceiling Fan(s)
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete, Garage Door Opener, Yes, Other, Attached, Garage
Location
- Area: CHI - Near West Side
- County: Cook
- Driving Directions: Madison to 1016 West to home
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Water, Insurance, Security, Exterior Maintenance, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 99lbs.
- Mgmt. Company: self managed
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo, Mid-Rise (4 to 6 Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Brick/Mortar, Concrete Perimeter
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 2
- Stories/Levels: 4
- Square Feet: 1,830
- Sq. Ft. Source: Plans
- Year Built: 1925
- Built Before 1978: Yes
Unit Information
- Units in Building: 8
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $454
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1925
- Tax Amount: $15,014.02
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condo
- Property ID: 17084460231002
Listed by @properties Christie's International Real Estate
Sold by Compass
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Schools
Schools serving 1016 W Madison St #2N
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 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1016 W Madison St #2N
Date
Details
Price
Change
Source
2/23/2026
Sold
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1016 W Madison Street #2N, Chicago, IL 60607 (MLS# 12545874) is a Condo property that was sold at $850,000 on February 23, 2026. Want to learn more about 1016 W Madison Street #2N? 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.

