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$17,300,000
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Property Description
Sold Before Print. This exceptional multi-use property, located in the rapidly growing United Center/Near West Side neighborhood, offers 48 residential units and 2 commercial spaces. Completed in 2023, the building features a mix of one, two, and three-bedroom apartments, each designed to a high standard. Residents enjoy the convenience of an elevator, attached garage parking, and access to a shared rooftop deck with stunning views. With the United Center and the Medical District just blocks away, this location is at the heart of a vibrant, high-traffic area, with a wave of new investments flooding the neighborhood. Nearby, you'll find grocery stores, bars, restaurants, hotels, and a variety of entertainment options, making this an ideal spot for both residents and businesses. The Near West Side is poised for even greater growth, offering tremendous upside potential.
Full Property Details
Full Property Details for 2139 W Madison St
General
- Sold For: $17,300,000
- Taxes: $259,879 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12651709
Interior
- Interior Features: Passenger Elevator(s), Accessible Entrance
Location
- Area: CHI - Near West Side
- County: Cook
- Driving Directions: South side of W Madison St between S Leavitt St and S Hoyne Ave
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas, Individual Furnaces
Utilities
- Onsite: Water Available, Cable Available
Structural Information
- Stories/Levels: 5
- Current Bldg. Use: Multi-Family
- Year Built: 2023
Unit Information
- Units w/Refrigerators: 48
- Units w/Range/Oven: 48
- # Dryers: 48
Lot Features
- Lot Dimensions: 123 x 173
- Frontage: City Street
Financial Considerations
- Operating Expenses: $573,215
- Assessment Year: 2023
- Tax Amount: $259,879
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity
Disclosures and Reports
- Property ID: 17181020630000
Listed by Fulton Grace Realty
Sold by Jameson Commercial
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Schools
Schools serving 2139 W Madison St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Dett Elementary School 2131 West Monroe Street, Chicago, IL 60612 | PK-8 | 0.1 mi |
Marshall Metropolitan High School 3250 West Adams Street, Chicago, IL 60624 | 12-11 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
2139 W Madison Street, Chicago, IL 60612 (MLS# 12651709) is a Commercial property that was sold at $17,300,000 on May 22, 2026. Want to learn more about 2139 W Madison Street? Do you have questions about finding other Commercial 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.

