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$875,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 3 Full Baths
  • 2,202 Sq. Ft.
  • 1 Car Garage
See This Home
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See This Home
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Welcome to your dream home in the heart of Chicago's vibrant West Loop! Boutique elevator building with only two units per floor. This stunning 2 bed + den 3 bath duplex penthouse boasts contemporary elegance and modern amenities and is flooded with natural light throughout. As you enter the unit, you'll be greeted by an open concept living and dining area, perfect for entertaining guests or relaxing with family. The spacious living room features large windows and high ceilings, creating a warm and inviting atmosphere. The fully equipped kitchen features high-end stainless-steel appliances, elegant granite countertops, and plenty of storage space. You'll love cooking up a storm in this gourmet kitchen while enjoying stunning views of the city skyline. The primary bedroom is a peaceful oasis with ample space and natural light including vaulted ceilings. Featuring multiple closets and an en-suite bathroom with a double vanity and a walk-in shower with gorgeous tile. A mezzanine second level includes open space that can be used as a third bedroom, office, or reading area with a full bathroom and a huge storage space. This stunning penthouse also features a private outdoor balcony, perfect for enjoying a cup of coffee or a glass of wine while taking in the breathtaking city views and roof rights to build out a private deck. The unit also comes with a garage space. Steps away from Randolph St. restaurants, Mary B. and Skinner Parks, Whole Food, Mariano's, Target, Starbucks, and a CTA stop. You don't want to miss this exceptional home!

Full Property Details for 1016 W Madison St #5N

General

  • Sold For: $875,000
  • HOA FEE: $610/month
  • Taxes: $13,744 (2023)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12483278
  • Added to Site: 107 day(s) ago

Interior

  • Interior Features: Cathedral Ceiling(s), Elevator, Storage
  • Appliances: Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bathroom Features: Whirlpool, Separate Shower, Double Sink

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Other Features: Commuter Bus, Interstate Access

Exterior

  • Exterior Features: Balcony, Roof Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: CHI - Near West Side
  • County: Cook
  • Driving Directions: On Madison, just west of Morgan.

School Information

  • School District: 299
  • Midd School District: 299
  • Elementary School: Skinner Elementary School

Community

  • Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal, Internet
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, / 40lbs.
  • Mgmt. Company: Self Managed

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Lake Michigan
  • Onsite: Cable Available

Structural Information

  • Structure Type: Condo, Penthouse
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Windows: Screens
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 5
  • Stories/Levels: 5
  • Square Feet: 2,202
  • Sq. Ft. Source: Estimated
  • Year Built: 1925
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 8

Lot Features

  • Lot Dimensions: COMMON

Financial Considerations

  • Association Fee: $610
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1925
  • Tax Amount: $13,744.04
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17084460231008

Listed by Jameson Sotheby's Intl Realty
Sold by Compass

Listing agent

— 1016 W Madison St #5N —

  • Jameson Sotheby's Intl Realty

(773) 294-1910

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1016 W Madison St #5N

School District:Chicago Public School District 299
NameGradesDistance
Skinner Elementary School
111 South Throop Street, Chicago, IL 60607
PK-50.4 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-111.4 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 #5N

Date
Details
Price
Change
Source
11/24/2025
Sold
$875,000
-2.67%
MLS
10/02/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Jameson Sotheby's Intl Realty
Sold by Compass

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1016 W Madison Street #5N, Chicago, IL 60607 (MLS# 12483278) is a Condo property that was sold at $875,000 on November 24, 2025. Want to learn more about 1016 W Madison Street #5N? 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.