OFF MARKET

Off market may 2020 for $721K

$862,757

Est. refi paymentEst. refi $4,499/mo

•

2 ba

•

1,895

sq ft

1016 W Madison St Unit 3S, Chicago, IL 60607

About this home

Heart of the West Loop, elegant & spacious 3 bed / 2 bath condo home in an intimate, 8-unit elevator building. Charmingly updated and in perfect move-in ready condition. From the moment you step off the elevator in your semi-private lobby and enter the generous stone foyer this home will captivate. Split floorplan with large rooms, high ceilings & huge south-facing windows. Updated kitchen with tons of cabinets - featuring granite, stainless appliance package and breakfast bar. Both bathrooms also newly updated. Hardwood floors throughout. Built-in bar with wine fridge, wood-burning fireplace w/ gas start, laundry room, loaded with closets, private separate storage, large sunny balcony with amazing city views. Attached garage parking included. Walk to EVERYTHING the West Loop has to offer including bars, restaurants, shopping, transportation and more.

CondoProperty Type

1925Year Built

$455Est. Price/Sq.Ft.

1 spaceParking

Listed by Ashley Carter • Keller Williams Chicago-Lincoln Park

Listed by Frank Rodriguez • Keller Williams Chicago-Lincoln Park

Bought with Debbie Maue • Jameson Sotheby's Intl Realty

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #10656979

Redfin Estimate

$862,757

$142K since sold in May 2020$13K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.4% higher than the average sale price ($761K) of 6 comparable homes.

SOLD NOV 24, 2025
$875,000
A
2 beds3 baths2,202 sq ft
1016 W Madison St Unit 5N, Chicago, IL 60607
SOLD MAY 10, 2024
$660,000
B
2 beds2 baths1,500 sq ft
1000 W Washington Blvd #240, Chicago, IL 60607
SOLD FEB 23, 2026
$850,000
C
3 beds2 baths1,830 sq ft
1016 W Madison St Unit 2N, Chicago, IL 60607
SOLD SEP 14, 2026
$480,000
D
2 beds1.5 baths1,300 sq ft
1017 W Washington Blvd Unit 2E, Chicago, IL 60607
SOLD APR 17, 2026
$950,000
E
2 beds2 baths— sq ft
1000 W Washington Blvd #336, Chicago, IL 60607
SOLD JUN 17, 2026
$749,000
F
2 beds1.5 baths1,700 sq ft
1000 W Washington Blvd #410, Chicago, IL 60607

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Earn from this home

Sell

$317,139

Est. take-home

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Refinance

Est. cash available

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Rent

$4,725/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

NEW
$349,000
1 bed1 bath— sq ft
111 S Morgan St #501, Chicago, IL 60607
NEW 2 HRS AGO
$1,599,000
4 beds4 baths3,036 sq ft
1000 W Washington Blvd #202, Chicago, IL 60607
NEW
$2,299,500
4 beds4 baths3,878 sq ft
220 S Green St Unit 4S, Chicago, IL 60607
NEW 4 HRS AGO
$499,900
2 beds2 baths1,000 sq ft
225 S Sangamon St #410, Chicago, IL 60607
OPEN SAT, 11AM TO 1PM
$649,000
2 beds2 baths1,400 sq ft
920 W Madison St Unit B6, Chicago, IL 60607
NEW 19 HRS AGO
$295,000
1 bed1 bath950 sq ft
1250 W Van Buren St #511, Chicago, IL 60607
NEW
$1,375,000
2 beds2.5 baths1,605 sq ft
900 W Washington Blvd #504, Chicago, IL 60607
LISTED BY REDFIN
$339,900
2 beds2 baths1,066 sq ft
235 W Van Buren St #1807, Chicago, IL 60607
$1,595,000
4 beds4.5 baths3,300 sq ft
1125 W Monroe St, Chicago, IL 60607
$330,000
1 bed1 bath774 sq ft
1201 W Adams St #510, Chicago, IL 60607
See all

Provided by Redfin

Redfin agents who toured

Very tasteful intimate building. Large layout, most windows face the street, though a couple are obstructed by another building. 3rd bedroom is partially enclosed.
13 years ago• May not reflect the current state of the home
Daniel Close
Redfin Premier agent • Agent

Sale history for 1016 W Madison St Unit 3S

Date

Event

Price

Public Records

Jun 18, 2020

Sold

$721,000

$380/sq ft

MRED as Distributed by MLS Grid #10656979

May 15, 2020

Sold (MLS) (Closed Sale)

$721,000

$380/sq ft

Mar 9, 2020

Pending (Contingent)

—

Mar 5, 2020

Listed (New)

$719,000

$379/sq ft

MRED as Distributed by MLS Grid #08542052

Mar 24, 2014

Sold (MLS) (Closed Sale)

$521,000

$275/sq ft

Mar 11, 2014

Pending

—

Feb 24, 2014

Contingent

—

Feb 21, 2014

Listed (New)

$509,900

$269/sq ft

Elegant, spacious home in intimate, boutique elevator building in heart of West Loop. Generous stone foyer leads to split floorplan with large rooms, high ceilings & huge south-facing windows. Granite & stainless kitchen w/ breakfast bar & tons of cabinets. Hardwood floors t/out. Dry bar, wood-burning fireplace, laundry room, storage, balcony with city views. Garage parking included. Walk to bars, eateries, Starbucks

MRED as Distributed by MLS Grid #07787632

Aug 27, 2011

Listing Removed

—

Public Records

Aug 2, 2006

Sold

$525,000

$277/sq ft

Public Records

Oct 28, 2003

Sold

$429,000

$226/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$13,042 (+2.8%)

$1,706 + $63,212

$64,918

2022

$12,692 (−3.1%)

$1,706 + $63,212

$64,918

2021

$13,097 (−2.2%)

$1,706 + $63,212

$64,918

2020

$13,398 (+1.4%)

$1,706 + $61,340

$63,046

2019

$13,218 (+1.7%)

$1,706 + $67,294

$69,000

2018

$12,993 (+31.4%)

$1,706 + $67,294

$69,000

2017

$9,889 (+7.8%)

$1,505 + $44,275

$45,780

2016

$9,169 (+9.3%)

$1,505 + $44,275

$45,780

2015

$8,389 (+16.9%)

$1,505 + $44,275

$45,780

2014

$7,176 (+2.0%)

$1,279 + $37,402

$38,681

2013

$7,035 (+8.3%)

$1,279 + $37,402

$38,681

2012

$6,493 (+9.6%)

$1,279 + $37,402

$38,681

2011

$5,923 (+7.9%)

$1,706 + $36,867

$38,573

2010

$5,488 (−30.3%)

$1,706 + $36,867

$38,573

2009

$7,875 (+27.6%)

$1,706 + $48,793

$50,499

2008

$6,171 (+1.0%)

$1,488 + $41,532

$43,020

2007

$6,110

$1,488 + $41,532

$43,020

Tax history for 1016 W Madison St Unit 3S

Year

Property tax

Land + Additions

Assessment*

2023

$13,042 (+2.8%)

$1,706 + $63,212

$64,918

2022

$12,692 (−3.1%)

$1,706 + $63,212

$64,918

2021

$13,097 (−2.2%)

$1,706 + $63,212

$64,918

2020

$13,398 (+1.4%)

$1,706 + $61,340

$63,046

2019

$13,218 (+1.7%)

$1,706 + $67,294

$69,000

2018

$12,993 (+31.4%)

$1,706 + $67,294

$69,000

2017

$9,889 (+7.8%)

$1,505 + $44,275

$45,780

2016

$9,169 (+9.3%)

$1,505 + $44,275

$45,780

2015

$8,389 (+16.9%)

$1,505 + $44,275

$45,780

2014

$7,176 (+2.0%)

$1,279 + $37,402

$38,681

2013

$7,035 (+8.3%)

$1,279 + $37,402

$38,681

2012

$6,493 (+9.6%)

$1,279 + $37,402

$38,681

2011

$5,923 (+7.9%)

$1,706 + $36,867

$38,573

2010

$5,488 (−30.3%)

$1,706 + $36,867

$38,573

2009

$7,875 (+27.6%)

$1,706 + $48,793

$50,499

2008

$6,171 (+1.0%)

$1,488 + $41,532

$43,020

2007

$6,110

$1,488 + $41,532

$43,020

*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.

1,895

Year built

—

Style

Condo/Co-op

County

Cook County

APN

17084460281005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 17, 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: 1
# of Garage Spaces: 1
Garage Parking
Garage Door Opener(s), Garage Transmitter(s)
Attached Garage
Garage On-Site
Owned Garage

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms (Above Grade): 3

Master Bedroom Information
Size: 16X13
On Main Level
Carpet Flooring
Window Curtains/Drapes, Window Shades

Bedroom #2 Information
Size: 15X13
On Main Level
Carpet Flooring
Window Blinds

Bedroom #3 Information
Size: 12X10
On Main Level
Hardwood Flooring
Window Shades

Bathroom Information
# of Baths (Full): 2
Master Bath
Whirlpool, Separate Shower, Double Sink

Living Room Information
Size: 17X16
On Main Level
Hardwood Flooring
Window Blinds

Dining Room Information
Combined with Living Room
Size: 16X10
On Main Level
Hardwood Flooring
Window Blinds

Kitchen Information
Size: 13X11
Eating Area (Breakfast Bar)
On Main Level
Hardwood Flooring

Laundry Room Information
Size: 7X6
On Main Level
Ceramic/Porcelain Tile Flooring

Additional Rooms Information
Foyer

Additional Room #1 Information
Foyer
Size: 7X6
On Main Level
Stone

Equipment
Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator

Fireplace Information
# of Fireplaces: 1
In Living Room
Wood Burning, Gas Starter

Interior Features
Dry Bar, Hardwood Flooring, 1st Floor Laundry, Laundry Hook-Up in Unit, Storage

Heating & Cooling
Gas Heating, Forced Air Heating
Central Air Conditioning

Exterior

Building Information
# of Units: 8
Sq. Ft. Source: Assessor
Built Before 1978
Age: 91-100 Years
Brick Exterior

Property Features
Balcony, Storm/Screen Windows
For Investors, Can Owner Rent Unit? (Y/N): Yes

Lot Information
Dimensions: COMMON
Common Grounds

Property Information
# of Rooms: 6
Ownership: Condo
Aprox. Total Finished Sq. Ft.: 0
Total Finished/Unfinshed Sq Ft: 0
Rural (Y/N): N
Commuter Bus
Parcel Identification Number: 17084460231005

Financial

Financial Information
Tax: $12,993.20
Tax Year: 2018
Tax Exemptions: Homeowner
Special Service Area: N
Finance Code: Conventional

Utilities

Utility Information
Water: Lake Michigan
Sewer (Public)
Circuit Breakers

Location

Community Information
Self-Management
Pets Allowed
Cats OK, Dogs OK
Max Pet Weight: 40
% Owner Occupied: 100

Multi-Family Information
Elevator, Storage, Security Door Locks

Homeowners Association Information
Assessments/Association Dues: $505
Frequency: Monthly
Assessment Includes: Includes Water, Includes Parking, Includes Common Insurance, Includes TV/Cable, Includes Exterior Maintenance, Includes Scavenger, Includes Snow Removal, Internet Access

School Information
Elementary School District: 299
Junior High District: 299
High School District: 299

Location Information
Township: West Chicago
Corporate Limits: Chicago
Directions: Just west of Morgan, north side of Madison

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,895
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17084460281005

Home facts updated by county records on Sep 17, 2026

Other

Listing Information
Sale Price Includes Parking
Possession: Closing
Holds Earnest Money: Yes
Sale Terms: Conventional
Seller Concessions: No

Around this home

Schools

Skinner Elementary School

Public PreK-8 • Assigned • 0.4mi

8/10

Wells Community Academy High School

Public 9-12 • Assigned • 1.4mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

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

$820,000 – $993,000

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Nearby similar homes

NEW

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New listings for sale in 60607

NEW

$349,000

1 bed1 bath— sq ft

111 S Morgan St #501, Chicago, IL 60607

NEW 2 HRS AGO3D WALKTHROUGH

$1,599,000

4 beds4 baths3,036 sq ft

1000 W Washington Blvd #202, Chicago, IL 60607

NEW

$2,299,500

4 beds4 baths3,878 sq ft

220 S Green St Unit 4S, Chicago, IL 60607

NEW 4 HRS AGO

$499,900

2 beds2 baths1,000 sq ft

225 S Sangamon St #410, Chicago, IL 60607

OPEN SAT, 11AM TO 1PM

$649,000

2 beds2 baths1,400 sq ft

920 W Madison St Unit B6, Chicago, IL 60607

NEW 19 HRS AGO

$295,000

1 bed1 bath950 sq ft

1250 W Van Buren St #511, Chicago, IL 60607

NEW

$1,375,000

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LISTED BY REDFIN3D WALKTHROUGH

$339,900

2 beds2 baths1,066 sq ft

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$1,595,000

4 beds4.5 baths3,300 sq ft

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Home values near 1016 W Madison St Unit 3S

Data from public records.

Address	Redfin Estimate
1016 West Madison St Apartment 2S, Chicago, IL 3 Beds \| 2 Baths \| 1850 Sq. Ft.	$898,686
1016 West Madison St Apartment 4S, Chicago, IL 2 Beds \| 2 Baths \| 1900 Sq. Ft.	$855,445

Address	Redfin Estimate
1016 West Madison St Apartment 2N, Chicago, IL 3 Beds \| 2 Baths \| 1830 Sq. Ft.	$901,448
1016 West Madison St Apartment 3N, Chicago, IL 2 Beds \| 2 Baths \| 1920 Sq. Ft.	$826,907

Address	Redfin Estimate
1016 West Madison St Apartment 4N, Chicago, IL 3 Beds \| 2 Baths \| 1830 Sq. Ft.	$850,820
1016 West Madison St Apartment 5N, Chicago, IL 2 Beds \| 3 Baths \| 2202 Sq. Ft.	$1,008,263

Property information provided by MRED as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in West Loop, IL

Redfin agents who toured

Sale history for 1016 W Madison St Unit 3S

Tax history for 1016 W Madison St Unit 3S

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60607

Home values near 1016 W Madison St Unit 3S

More real estate resources