1219 W Madison Street
Chicago, IL, 60607 $ 4,999,000
Bedrooms-- Baths-- Sq 8,000 Monthly Estimate*
$ 31,187
for $4,999,000. This 8,000 square foot building was built in 2004 on a lot size of 0.2.
EXQUISITE WEST LOOP LIVE/WORK BUILDING IN IT'S ENTIRETY WITH 9 SECURE PARKING SPACES CAN NOW BE YOURS! Discover an unparalleled blend of sophistication, modern convenience, and historic Chicago charm in this luxurious 8,490sq. ft. live/work property with 4000 sq. ft. basement, perfectly situated in the highly sought-after West Loop neighborhood on coveted Madison Street. The second floor of this property has been completely gutted and reimagined to offer an extraordinary living and working experience, seamlessly blending opulent residential comfort with a dynamic professional space that is waiting to be built to suit. The second-floor luxury condo promises an exceptional level of craftsmanship and design. Ascend via your private elevator to discover a meticulously designed, 4,000 sq. ft. 3-bedroom, 3.5-bath residence with soaring 17-foot ceilings. Every detail of this expansive unit exudes elegance and modernity, from the open-concept living space bathed in natural light and floor to ceiling book match marble fireplace to the gourmet kitchen featuring top-of-the-line appliances, custom cabinetry, and an extravagantly spacious Taj Mahal Island. The stunning great room seamlessly connects to a grand private terrace. Perfect for entertaining or unwinding, this outdoor retreat offers ample space for dinning, lounging and enjoying breathtaking views. The primary suite serves as a tranquil retreat, complete with a spa-like en-suite bath with radiant heated floors, double walk-in closets and sky light. While additional bedrooms offer en-suite baths, walk-in closets and ample space for family or guests. High-end finishes, designer fixtures, and smart home technology elevate the living experience to an entirely new level. The versatile first level presents a unique build-to-suit opportunity, ideal for professionals, entrepreneurs, and creatives seeking a bespoke workspace. This expansive 4,000 sq. ft. area, boasting soaring 17.5-foot ceilings, offers limitless potential such as establishing an elegant gallery with ample space to display prized artwork, host unforgettable gatherings with a spacious interior and an inviting courtyard for outdoor mingling. Elevate your golf game with a private indoor driving range, merging leisure and luxury. Create a culinary destination with an open layout designed for showcasing culinary excellence. Design a serene wellness retreat complete with treatment rooms and tranquil ambiance. Imagine creating a hidden gem where only a select few guests access-an exclusive speakeasy retreat with a secret garden escape. Whether you're a musician, content creator, or business visionary, the soundproof space offers endless possibilities. With the potential for a fully equipped sound or video recording studio, you can bring your creative projects to life right from home. Imagine producing music, podcasts, or videos in a space designed for inspiration and innovation. Perfect for professional and hobbyists alike, this home offers the ideal blend of work and play in a setting that fuels creativity. This property isn't just a home it's an entrepreneur's dream come true! The perfect blend of luxury, mystery and ambiance awaits. This space is waiting to be transformed, bringing a vision to life! Additionally, this exceptional property includes 9 private parking spaces, a rare and invaluable asset in the heart of the city. The parking lot presents a prime opportunity for additional development, allowing the new owner to further enhance this remarkable space. Whether you seek an upscale residential haven, a dynamic professional environment, or a combination of both, this West Loop masterpiece delivers on every level. Don't miss the chance to claim this extraordinary property and shape it into your ultimate vision of luxury and functionality.
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FeaturesGeneralCooling Central Air
Construction Materials Brick
Year Built 2004
Electric Service - 201 to 600 Amps
Stories Count 2
Tax Year 2023
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial
Status Active
Directions Take I-90 to Madison west on Madison.
City Chicago
Number Of Units Total 2
MLS Area CHI - Near West Side
Lot Size Square Feet 8712
Tax Annual Amount 65830
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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ExteriorBuilding Area Total 8000
Lot Dimensions 45X189
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
jovanka@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $31,187
- Monthly Property Taxes
- $5,486
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Chicago, IL
Average List Price $987,651
Percent of Sale Price 80%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/16/2025 | $4,999,000 | -4.78% | Price Down |
| 9/3/2025 | $5,250,000 | | Listed Price |