OFF MARKET

Off market mar 2022 for $515K

$560,387

Est. refi paymentEst. refi $2,475/mo

•

1,147

sq ft

1001 W Madison St #706, Chicago, IL 60607

About this home

Exquisitely detailed and recently renovated, this beautiful 2 bedroom 2 bath penthouse is located in the heart of the West Loop. - The large open floor plan of this soft-loft features high ceilings, exposed duct work, designer accent walls, full size washer/dryer and a great balcony with city views. Perfect for grilling and entertaining. - The beautiful renovated kitchen with eat in center island features quartz counter tops, chef's appliances and white cabinetry. -The spacious living room/ dining room,(plenty of room for a full sized dining room table) centers on a gas fireplace with mantel and built in book cases. -The generously sized primary suite features ample closets and spacious en suite bathroom with dual vanity and luxurious glass shower. -The large second bedroom offers great closet space and adjoining refinished bath. -. - Additional storage cage is included - Extremely rare EXTRA wide deeded parking spot that fits TWO cars side-by-side, additional $50k - 1001 W Madison is one of the West Loops premier buildings ,featuring fitness center, large sundeck, Starbucks and is located near Marianos/Whole foods, shopping, restaurants, nightlife and public transportation. Enjoy everything the West Loop has to offer.

CondoProperty Type

2001Year Built

$489Est. Price/Sq.Ft.

2 car garageParking

Listed by John Irwin • Baird & Warner

Listed by Jacqueline Lafferty • Baird & Warner

Bought with Matt Laricy • Americorp, Ltd

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11306085

Redfin Estimate

$560,387

$45K since sold in March 2022$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.6% lower than the average sale price ($575K) of 4 comparable homes.

SOLD MAY 15, 2026
$537,500
A
2 beds2 baths1,186 sq ft
1001 W Madison St #606, Chicago, IL 60607
SOLD JUN 9, 2026
$700,000
B
2 beds2 baths1,250 sq ft
948 W Madison St Unit 2NW, Chicago, IL 60607
SOLD APR 16, 2026
$479,000
C
2 beds2 baths— sq ft
1001 W Madison St #204, Chicago, IL 60607
SOLD JUL 10, 2026
$585,000
D
2 beds2 baths1,417 sq ft
950 W Monroe St #710, Chicago, IL 60607

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Earn from this home

Sell

$156,829

Est. take-home

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Refinance

Est. cash available

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Rent

$3,763/mo

Redfin rental estimate

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Market trends in West Loop, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

Median sale price

Avg. days on market

Recently sold homes

New listings for sale

COMING SOON
$529,000
2 beds1.5 baths1,050 sq ft
1500 W Monroe St #424, Chicago, IL 60607
NEW 2 HRS AGO
$279,999
1 bed1 bath— sq ft
6 S Laflin St #819, Chicago, IL 60607
OPEN SAT, 11AM TO 1PM
$725,000
2 beds2 baths1,500 sq ft
955 W Monroe St Unit 3B, Chicago, IL 60607
NEW 21 HRS AGO
$749,000
3 beds3 baths— sq ft
1003 S Racine Ave, Chicago, IL 60607
NEW
$279,000
1 bed1 bath920 sq ft
6 S Laflin St #617, Chicago, IL 60607
$1,265,000
3 beds3 baths— sq ft
24 N Ada St Unit D, Chicago, IL 60607
OPEN SAT, 11AM TO 1PM
$399,900
1 bed1 bath900 sq ft
125 S Green St Unit 805A, Chicago, IL 60607
$429,000
3 beds1.5 baths1,340 sq ft
841 S Racine Ave Unit C, Chicago, IL 60607
$1,099,000
9 beds4 baths— sq ft
708 S Ada St, Chicago, IL 60607
$550,000
2 beds2 baths— sq ft
1040 W Adams St #443, Chicago, IL 60607
See all

Provided by Redfin

Sale history for 1001 W Madison St #706

Date

Event

Price

MRED as Distributed by MLS Grid #11306085

Mar 15, 2022

Sold (MLS) (Closed)

$515,000

$449/sq ft

Feb 21, 2022

Pending

—

Feb 14, 2022

Contingent (Contingent - Continue to Show)

—

Jan 25, 2022

Pending (Active Under Contract)

—

Jan 18, 2022

Listed (Active)

$485,000

$423/sq ft

MRED as Distributed by MLS Grid #10625491

Mar 18, 2020

Sold (MLS) (Closed Sale)

$505,000

$440/sq ft

Mar 2, 2020

Pending

—

Feb 17, 2020

Contingent (Contingent (Do Not Show))

—

Feb 3, 2020

Listed (New)

$475,000

$414/sq ft

+14

Welcome home to this beautiful 2 bedroom/2 bath penthouse condo in the absolute heart of the West Loop! This loft-like home has soaring ceilings, exposed ductwork, and a desirable split floor plan with two FULLY enclosed bedrooms. The open-concept kitchen features newer s/s appliances, granite counter tops, maple cabinetry, and large island. The floor plan allows plenty of room for a dining table and the living space centers around a cozy fireplace and large balcony with city views, a perfect set up for grilling and entertaining. Incredibly spacious master bedroom is equipped with an ensuite bath featuring a dual vanity and shower with glass enclosure. Tons of closet space throughout the unit as well as an additional storage locker included. Extremely rare EXTRA wide deeded parking spot that fits TWO cars side-by-side, additional $50k. Desirable building offers a fitness center, large sundeck, and a Starbucks! Location cannot be beat, just steps to the Loop, public transportation, expressway, Marianos/Whole Foods, and all the world class dining in the neighborhood. This is a must see!

Public Records

Aug 3, 2006

Sold

$368,000

$321/sq ft

Public Records

Dec 11, 2003

Sold

$299,000

$261/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$8,001 (−5.7%)

$1,710 + $39,957

$41,667

2022

$8,484 (+2.3%)

$937 + $40,170

$41,107

2021

$8,293 (−1.0%)

$937 + $40,170

$41,107

2020

$8,376 (+1.3%)

$937 + $36,538

$37,475

2019

$8,268 (+1.7%)

$937 + $40,076

$41,013

2018

$8,128 (+26.2%)

$937 + $40,076

$41,013

2017

$6,439 (+7.8%)

$827 + $28,984

$29,811

2016

$5,971 (+9.3%)

$827 + $28,984

$29,811

2015

$5,462 (+28.9%)

$827 + $28,984

$29,811

2014

$4,236 (+2.0%)

$703 + $22,131

$22,834

2013

$4,152 (+1.3%)

$703 + $22,131

$22,834

2012

$4,097 (−4.3%)

$703 + $22,131

$22,834

2011

$4,281 (−0.4%)

$937 + $25,480

$26,417

2010

$4,299 (−4.3%)

$937 + $25,480

$26,417

2009

$4,494 (+6.7%)

$937 + $27,883

$28,820

2008

$4,211 (+1.0%)

$852 + $28,501

$29,353

2007

$4,169

$852 + $28,501

$29,353

Tax history for 1001 W Madison St #706

Year

Property tax

Land + Additions

Assessment*

2023

$8,001 (−5.7%)

$1,710 + $39,957

$41,667

2022

$8,484 (+2.3%)

$937 + $40,170

$41,107

2021

$8,293 (−1.0%)

$937 + $40,170

$41,107

2020

$8,376 (+1.3%)

$937 + $36,538

$37,475

2019

$8,268 (+1.7%)

$937 + $40,076

$41,013

2018

$8,128 (+26.2%)

$937 + $40,076

$41,013

2017

$6,439 (+7.8%)

$827 + $28,984

$29,811

2016

$5,971 (+9.3%)

$827 + $28,984

$29,811

2015

$5,462 (+28.9%)

$827 + $28,984

$29,811

2014

$4,236 (+2.0%)

$703 + $22,131

$22,834

2013

$4,152 (+1.3%)

$703 + $22,131

$22,834

2012

$4,097 (−4.3%)

$703 + $22,131

$22,834

2011

$4,281 (−0.4%)

$937 + $25,480

$26,417

2010

$4,299 (−4.3%)

$937 + $25,480

$26,417

2009

$4,494 (+6.7%)

$937 + $27,883

$28,820

2008

$4,211 (+1.0%)

$852 + $28,501

$29,353

2007

$4,169

$852 + $28,501

$29,353

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cook County

APN

17172030301182

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

DX-5

Downtown Mixed-Use District

The DX Downtown Mixed-Use district is primarily intended to accommodate office, commercial, public, institutional and residential development.; The district promotes vertical mixed-use (residential/nonresidential) projects that contain active ground-floor uses.; The DX district can be combined with the dash 5 bulk and density designations (see Sec. 17-4-0401).

Permitted uses

Include but are not limited to:

General retail
Restaurant
Housing-Senior
Manufacturing
Self-Storage / mini-Storage
Warehouse
Hotel / motel
Mixed use building
Office
Medical office

Property details

Parking

Parking Information
# Of Cars: 2
# of Garage Spaces: 2
Parking: Garage
Garage Ownership: Deeded Sold Separately
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Heated
Deeded Garage Cost: $50,000

Interior

Bathroom Information
# of Baths (Full): 2
Bath Amenities: Separate Shower,Double Sink,Soaking Tub

Bedroom Information
# of Bedrooms: 2
# of Bedrooms Possible: 2

Additional Rooms Information
Dining Room: Combined w/ LivRm
Basement Description: None
Laundry Features: In Unit, Laundry Closet

Interior Features
Interior Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
# of Rooms: 5

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)

Fireplace Information
# of Fireplaces: 1
Fireplace Location: Living Room
Fireplace Features: Gas Log, Gas Starter

Exterior

Exterior Features
Exterior Features: Balcony, Patio

Building Information
# Of Units in Building: 90
Living Area Source: Builder
Exterior Building Type: Brick
Age: 21-25 Years
Built Before 1978 (Y/N): No

Property Information
Property Type: Attached Single
Property Type: Condo
Ownership: Condo
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 17172030301182

Lot Information
Dimensions: COMMON

Financial

Tax Information
Tax Annual Amount: $9,115.64
Tax Year: 2020

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Electric: Circuit Breakers

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air

Location

Community Information
Management: Manager Off-site
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK
Max Pet Weight: 999

Homeowners Association Information
Association Fee: $478
Association Fee Frequency: Monthly
Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
Master Association Fee Frequency: Not Required
Association Amenities: Elevator(s), Exercise Room, Storage

School Information
Elementary School District: 299
Elementary School: Skinner Elementary School
Middle Or Junior School District: 299
High School District: 299
High School: Wells Community Academy Senior H

Location Information
Unit Floor Level: 7
Township: West Chicago
Corporate Limits: Chicago
Directions: West on Madison to 1001

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17172030301182

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Teams Information
Buyer Team Name: Laricy

About this building

1 for sale

1001 W Madison St Chicago, IL, 60607

See photos & sale trends

Photo via 413 listing

Units for sale


413	$549,900	2 beds	2 baths	— sq ft

Around this home

Schools

Skinner Elementary School

Public PreK-8 • Assigned • 0.4mi

8/10

Wells Community Academy High School

Public 9-12 • Assigned • 1.5mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Chicago, IL • 60607

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$533,000 – $645,000

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Home values near 1001 W Madison St #706

Data from public records.

Address	Redfin Estimate
1001 W Madison Street Unit 406, Chicago, IL 2 Beds \| 2 Baths \| 1200 Sq. Ft.	$550,453
1001 W Madison Street Unit 708, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$535,590

Address	Redfin Estimate
1001 W Madison Street Unit P80, Chicago, IL - Beds \| - Baths \| - Sq. Ft.	—
1001 W Madison Street Unit 615, Chicago, IL 2 Beds \| 2 Baths \| 1340 Sq. Ft.	$608,825

Address	Redfin Estimate
1001 W Madison Street Unit P15, Chicago, IL - Beds \| - Baths \| 1321 Sq. Ft.	$483,950
1001 W Madison Street Unit 203, Chicago, IL 1 Beds \| 1 Baths \| 865 Sq. Ft.	$377,648

Property information provided by MRED as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in West Loop, IL

Sale history for 1001 W Madison St #706

Tax history for 1001 W Madison St #706

Public record

Property details

About this building

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60607

Home values near 1001 W Madison St #706

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