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$465,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 1,168 Sq. Ft.
  • 1 Car Garage
  • Updated 2 days ago

Next open house:

Open House: 10:30 AM - 12:00 PM

Saturday 9/12 10:30 AM - 12:00 PM

1301 W Madison Street #407,Chicago, IL 60607

1301 W Madison Street #407ChicagoIL60607

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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.

Full Property Details for 1301 W Madison St #407

General

  • Price: $465,000
  • HOA FEE: $403/month
  • Taxes: $7,995 (2025)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12739191

Interior

  • Basement: None
  • Interior Features: Elevator, Storage
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Elevator in Residence, Security Door Lock(s), Service Elevator(s)
  • Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)

Exterior

  • Exterior Features: Balcony

Parking

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

Location

  • Area: CHI - Near West Side
  • County: Cook
  • Township: West Chicago
  • Driving Directions: Madison West of Throop at Ada. Street parking and some flasher parking nearby

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Skinner Elementary School
  • Middle School: Skinner Elementary School

Community

  • Assoc. Fees Include: Water, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: FirstService Residential

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Structure Type: Condo, Condo/Loft, Mid-Rise (4 to 6 Stories)
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 4
  • Stories/Levels: 6
  • Square Feet: 1,168
  • Sq. Ft. Source: Assessor
  • Year Built: 2001

Unit Information

  • Units in Building: 111

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $403
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 2001
  • Tax Amount: $7,995.64
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17171040411113

Listed by Compass

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— 1301 W Madison St #407 —

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1301 W Madison St #407

School District:Chicago Public School District 299
NameGradesDistance
Skinner Elementary School
111 South Throop Street, Chicago, IL 60607
PK-50.1 mi
Brown W Elementary School
54 North Hermitage Avenue, Chicago, IL 60612
K-50.6 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-111.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 1301 W Madison St #407

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,738
—
$38,361
5%
2023
$7,738
3%
$36,548
—
2022
$7,543
2%
$36,548
—
2021
$7,374
6%
$36,548
18%
2020
$6,944
1%
$31,066
-9%
2019
$6,854
13%
$34,000
—
2018
$6,057
26%
$34,000
33%
2017
$4,799
-6%
$25,592
—
2016
$5,126
9%
$25,592
—
2015
$4,690
27%
$25,592
28%
2014
$3,703
2%
$19,956
—
2013
$3,630
1%
$19,956
—
2012
$3,581
—
$19,956
—
View All
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 for 1301 W Madison St #407

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1301 W Madison Street #407, Chicago, IL 60607 (MLS# 12739191) is a Condo property with 2 bedrooms and 1 full bathroom. 1301 W Madison Street #407 is currently listed for $465,000 and was received on September 08, 2026. Want to learn more about 1301 W Madison Street #407? 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.

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