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$499,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 2 Car Garage
  • Updated 4 hours ago

Next open house:

Open House: 12:00 PM - 2:00 PM

Sunday 10/25 12:00 PM - 2:00 PM

949 W Madison Street #407,Chicago, IL 60607

949 W Madison Street #407ChicagoIL60607

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Ideally located in the heart of the West Loop, this spacious two-bedroom, two-bath condo offers an open floor plan, soaring 10'6" ceilings, and abundant natural light. A dramatic wall of windows fills the living and dining area with sunlight, while a private balcony creates a seamless extension for everyday living and entertaining. The recently updated kitchen features white 42-inch cabinetry, stainless steel appliances, an expansive island, and space for a dining table. Two well-proportioned, fully enclosed bedrooms offer ensuite baths and ample closet space. Hardwood floors, in-unit laundry, and additional storage provide everyday convenience. Tandem heated garage parking for two cars is available for an additional $25k. Just moments from Randolph Street's acclaimed restaurants, shopping, and convenient transportation options, this pet-friendly home delivers exceptional space and an unbeatable location in one of Chicago's most sought-after neighborhoods. Welcome home!

Full Property Details for 949 W Madison St #407

General

  • Price: $499,000
  • HOA FEE: $577/month
  • Taxes: $8,431 (2025)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12791671

Interior

  • Basement: None
  • Interior Features: Elevator, Storage, Open Floorplan
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Elevator in Residence, Storage
  • Equipment: Cable TV, Security System, Intercom
  • Other Features: Commuter Bus

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, Heated Garage, Tandem, Yes, Deeded, Attached, Garage

Location

  • Area: CHI - Near West Side
  • County: Cook
  • Township: West Chicago
  • Driving Directions: CORNER OF MADISON & 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: Water, Gas, Parking, Insurance, Security, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: Westward Management

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Brick, Block
  • Exterior Const.: Brick, Block
  • Basement Desc.: None
  • Foundation: Block, Brick/Mortar, Concrete Perimeter
  • Roof: Asphalt
  • Windows: Screens
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 4
  • Stories/Levels: 1
  • Sq. Ft. Source: Not Reported
  • Year Built: 2000

Unit Information

  • Units in Building: 47

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $577
  • Assoc Fee Freq.: Monthly
  • Deeded Garage Cost: $25,000
  • Assessment Year: 2000
  • Tax Amount: $8,431.41
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17172060141124

Listed by @properties Christie's International Real Estate

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— 949 W Madison St #407 —

  • @properties Christie's International Real Estate

  • @properties Christie's International Real Estate

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with our affiliated in-house agency

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

Schools serving 949 W Madison St #407

School District:Chicago Public School District 299
NameGradesDistance
Skinner Elementary School
111 South Throop Street, Chicago, IL 60607
PK-50.4 mi
Brown W Elementary School
54 North Hermitage Avenue, Chicago, IL 60612
K-51 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-111.5 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 949 W Madison St #407

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,564
—
$35,176
-2%
2023
$7,564
3%
$35,728
—
2022
$7,374
2%
$35,728
—
2021
$7,208
6%
$35,728
18%
2020
$6,773
1%
$30,304
-9%
2019
$6,686
2%
$33,166
—
2018
$6,573
3%
$33,166
13%
2017
$6,361
8%
$29,446
—
2016
$5,898
9%
$29,446
—
2015
$5,396
29%
$29,446
31%
2014
$4,176
2%
$22,505
—
2013
$4,093
1%
$22,505
—
2012
$4,038
—
$22,505
—
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 949 W Madison St #407

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by @properties Christie's International Real Estate

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949 W Madison Street #407, Chicago, IL 60607 (MLS# 12791671) is a Condo property with 2 bedrooms and 2 full bathrooms. 949 W Madison Street #407 is currently listed for $499,000 and was received on October 22, 2026. Want to learn more about 949 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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