1301 W Madison Street # 407
Chicago, IL, 60607 $ 465,000
Bedrooms2 Baths1.0 Sq 1,168 Monthly Estimate*
$ 2,936
for $465,000 with 2 bedrooms and 1 full bath. This 1,168 square foot condo was built in 2001.
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.
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Condo ActiveCondo,Condo-Loft,Mid Rise (4-6 Stories)
FeaturesGeneralLiving Area 1168
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Rubber
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal Stainless Steel Appliance(s) Humidifier
HOA Fee 403
Garage Spaces 1
Association Fee Includes Water Insurance TV/Cable Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Pets Allowed Cats OK Dogs OK
Year Built 2001
Electric 100 Amp Service
Township West Chicago
Unit Number 407
Tax Year 2025
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Elevator in Residence Security Door Lock(s) Service Elevator(s)
Total Rooms 4
Full Baths 1
Status New
Directions Madison West of Throop at Ada. Street parking and some flasher parking nearby
City Chicago
High School District 299
MLS Area CHI - Near West Side
Elementary School Skinner Elementary School
Tax Annual Amount 7995.64
Middle/Junior High School Skinner Elementary School
Additional Parcels Y/N N
Virtual Tour https://tours.positiveimagelive.com/2402440?idx=1
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo Condo-Loft Mid Rise (4-6 Stories)
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InteriorInterior Amenities Elevator Storage
Basement None
Flooring Hardwood
Total Fireplaces 0
Total Stories 6
Half Baths 0
Laundry Features Washer Hookup
Total Bedrooms 2
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 2
Total Number of Units 111
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ExteriorExterior Amenities Balcony
Parking Features Yes Garage Owned Attached Garage
Water Source Lake Michigan Public
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions COMMON
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s)
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* Excluded FeaturesList Bylance.kirshner@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,936
- Monthly Property Taxes
- $666
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyCondo listings in Chicago, IL
Average List Price $628,418
Percent of Sale Price 35%
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.
566432 Elementary School
566432 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/8/2026 | $465,000 | | Listed Price |