SOLD NOV 24, 2025

Off market nov 2025 for $875K

$1,002,216

Est. refi paymentEst. refi $6,504/mo

•

2,202

sq ft

1016 W Madison St Unit 5N, Chicago, IL 60607

About this home

Welcome to your dream home in the heart of Chicago's vibrant West Loop! Boutique elevator building with only two units per floor. This stunning 2 bed + den 3 bath duplex penthouse boasts contemporary elegance and modern amenities and is flooded with natural light throughout. As you enter the unit, you'll be greeted by an open concept living and dining area, perfect for entertaining guests or relaxing with family. The spacious living room features large windows and high ceilings, creating a warm and inviting atmosphere. The fully equipped kitchen features high-end stainless-steel appliances, elegant granite countertops, and plenty of storage space. You'll love cooking up a storm in this gourmet kitchen while enjoying stunning views of the city skyline. The primary bedroom is a peaceful oasis with ample space and natural light including vaulted ceilings. Featuring multiple closets and an en-suite bathroom with a double vanity and a walk-in shower with gorgeous tile. A mezzanine second level includes open space that can be used as a third bedroom, office, or reading area with a full bathroom and a huge storage space. This stunning penthouse also features a private outdoor balcony, perfect for enjoying a cup of coffee or a glass of wine while taking in the breathtaking city views and roof rights to build out a private deck. The unit also comes with a garage space. Steps away from Randolph St. restaurants, Mary B. and Skinner Parks, Whole Food, Mariano's, Target, Starbucks, and a CTA stop. You don't want to miss this exceptional home!

CondoProperty Type

1925Year Built

$455Est. Price/Sq.Ft.

1 car garageParking

Listed by Peter Angelo • Jameson Sotheby's Intl Realty

Bought with Katharine Waddell • Compass

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12483278

Redfin Estimate

$1,002,216

$127K since sold in November 2025$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 38.9% higher than the average sale price ($722K) of 6 comparable homes.

SOLD MAY 10, 2024
$660,000
A
2 beds2 baths1,500 sq ft
1000 W Washington Blvd #240, Chicago, IL 60607
SOLD APR 16, 2026
$815,000
B
2 beds3 baths2,300 sq ft
1000 W Washington Blvd #132, Chicago, IL 60607
SOLD AUG 10, 2026
$699,000
C
3 beds3 baths2,500 sq ft
1000 W Washington Blvd #518, Chicago, IL 60607
SOLD APR 17, 2026
$740,000
D
2 beds2.5 baths2,400 sq ft
1000 W Washington Blvd #438, Chicago, IL 60607
SOLD SEP 14, 2026
$480,000
E
2 beds1.5 baths1,300 sq ft
1017 W Washington Blvd Unit 2E, Chicago, IL 60607
SOLD SEP 17, 2026
$935,000
F
3 beds2.5 baths2,400 sq ft
1001 W Madison St #710, Chicago, IL 60607

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Earn from this home

Sell

$264,113

Est. take-home

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Est. cash available

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Rent

$4,370/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

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$249,000
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LISTED BY REDFIN
$375,000
3 beds2 baths1,300 sq ft
812 S Miller St Unit 3S, Chicago, IL 60607
LISTED BY REDFIN
$375,000
3 beds2 baths1,300 sq ft
812 S Miller St Unit 3N, Chicago, IL 60607
$1,200,000
3 beds2.5 baths3,500 sq ft
1000 W Washington Blvd #141, Chicago, IL 60607
EARLY ACCESS
$839,000
3 beds2 baths— sq ft
841 W Monroe St Unit 3A, Chicago, IL 60607
$899,000
3 beds2.5 baths2,200 sq ft
1000 W Washington Blvd #513, Chicago, IL 60607
$385,000
1 bed1 bath— sq ft
1000 W Washington Blvd #216, Chicago, IL 60607
$795,000
2 beds2 baths1,470 sq ft
234 W Polk St #2406, Chicago, IL 60607
$495,000
5 beds2 baths2,500 sq ft
812 S Miller St Unit G, Chicago, IL 60607
See all

Provided by Redfin

Redfin agents who toured

Very interesting property and architecture. Would make a wonderful home for the right buyer. Great location for shopping, restaurants and transportation.
1 year ago• May not reflect the current state of the home
John Larocca
Redfin Associate agent
Top floor unit in boutique building. Very unique floor plan with the 3rd bedroom being a mezzanine, loft-style room with visibility from the living area. The assigned parking space in the garage has low clearance for a sedan or compact sized vehicle....
8 years ago• May not reflect the current state of the home
TiGi "T" Nii
Redfin Associate agent

Sale history for 1016 W Madison St Unit 5N

Date

Event

Price

MRED as Distributed by MLS Grid #12483278

Nov 24, 2025

Sold (MLS) (Closed)

$875,000

$397/sq ft

Oct 9, 2025

Contingent (Contingent - Continue to Show)

—

Oct 2, 2025

Listed (Active)

$899,000

$408/sq ft

MRED as Distributed by MLS Grid #11720294

Apr 10, 2023

Listing Removed

—

Mar 12, 2023

Contingent (Contingent - Continue to Show)

—

MRED as Distributed by MLS Grid #10999291

May 17, 2021

Sold (MLS) (Closed Sale)

$850,000

$386/sq ft

Mar 20, 2021

Pending (Contingent)

—

Feb 19, 2021

Listed (New)

$874,900

$397/sq ft

+24

Rarely available, one-of-a-kind, 2 bed + Den/3 bath penthouse located in the heart of the West Loop! This boutique, elevator building features only two units per floor. Floor-to-ceiling windows give the unit an abundance of natural light and incredible views of the city's skyline. This unit's unique, contemporary style is noteworthy. The spacious floor plan creates separate areas for living, family, dining, and office. The living room has a balcony. The master bedroom has vaulted ceilings with lots of closet space and built-ins. The updated, ensuite, double vanity, master bathroom has a walk-in shower with gorgeous tile. The chef's kitchen features granite counters, Miele and Fisher & Paykel appliances, and slate cabinetry. A mezzanine second level includes open space that can be used as a third bedroom, office, or reading area with a full bathroom and a huge storage space. There's a large balcony off of the family room, and roof rights to build out a private rooftop deck. One garage parking spot included in the list price. Just steps away from Randolph St. restaurants, Mary B. and Skinner Parks, Whole Food, Mariano's, Target, Starbucks, and a CTA stop. You don't want to miss this exceptional home!

MRED as Distributed by MLS Grid #10976010

Feb 19, 2021

Listing Removed

—

MRED as Distributed by MLS Grid #10960982

Jan 21, 2021

Listing Removed

—

MRED as Distributed by MLS Grid #10111099

Jan 7, 2019

Sold (MLS) (Closed Sale)

$837,500

$380/sq ft

Dec 27, 2018

Pending

—

Nov 13, 2018

Contingent

—

Oct 12, 2018

Listed (New)

$899,900

$409/sq ft

MRED as Distributed by MLS Grid #09981372

Aug 24, 2018

Listing Removed

—

MRED as Distributed by MLS Grid #09949390

Jun 11, 2018

Listing Removed

—

MRED as Distributed by MLS Grid #09910357

Apr 10, 2018

Contingent

—

Apr 10, 2018

Listing Removed

—

Year

Property tax

Land + Additions

Assessment*

2023

$13,744 (+2.6%)

$1,706 + $63,212

$64,918

2022

$13,398 (+2.3%)

$1,706 + $63,212

$64,918

2021

$13,097 (−7.1%)

$1,706 + $63,212

$64,918

2020

$14,091 (+1.3%)

$1,706 + $61,340

$63,046

2019

$13,909 (+1.7%)

$1,706 + $67,294

$69,000

2018

$13,674 (+59.4%)

$1,706 + $67,294

$69,000

2017

$8,577 (−6.5%)

$1,505 + $44,275

$45,780

2016

$9,169 (+21.2%)

$1,505 + $44,275

$45,780

2015

$7,564 (+12.9%)

$1,505 + $44,275

$45,780

2014

$6,700 (+2.2%)

$1,279 + $37,402

$38,681

2013

$6,556 (+1.0%)

$1,279 + $37,402

$38,681

2012

$6,493 (+9.6%)

$1,279 + $37,402

$38,681

2011

$5,923 (−5.6%)

$1,706 + $36,867

$38,573

2010

$6,277 (−20.3%)

$1,706 + $36,867

$38,573

2009

$7,875 (+6.3%)

$1,706 + $48,793

$50,499

2008

$7,405 (+1.0%)

$1,786 + $49,838

$51,624

2007

$7,332

$1,786 + $49,838

$51,624

Tax history for 1016 W Madison St Unit 5N

Year

Property tax

Land + Additions

Assessment*

2023

$13,744 (+2.6%)

$1,706 + $63,212

$64,918

2022

$13,398 (+2.3%)

$1,706 + $63,212

$64,918

2021

$13,097 (−7.1%)

$1,706 + $63,212

$64,918

2020

$14,091 (+1.3%)

$1,706 + $61,340

$63,046

2019

$13,909 (+1.7%)

$1,706 + $67,294

$69,000

2018

$13,674 (+59.4%)

$1,706 + $67,294

$69,000

2017

$8,577 (−6.5%)

$1,505 + $44,275

$45,780

2016

$9,169 (+21.2%)

$1,505 + $44,275

$45,780

2015

$7,564 (+12.9%)

$1,505 + $44,275

$45,780

2014

$6,700 (+2.2%)

$1,279 + $37,402

$38,681

2013

$6,556 (+1.0%)

$1,279 + $37,402

$38,681

2012

$6,493 (+9.6%)

$1,279 + $37,402

$38,681

2011

$5,923 (−5.6%)

$1,706 + $36,867

$38,573

2010

$6,277 (−20.3%)

$1,706 + $36,867

$38,573

2009

$7,875 (+6.3%)

$1,706 + $48,793

$50,499

2008

$7,405 (+1.0%)

$1,786 + $49,838

$51,624

2007

$7,332

$1,786 + $49,838

$51,624

*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

17084460281008

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 Garage Spaces: 1
# of Parking (Total): 1
Parking Features: Concrete, Garage Door Opener, Garage Owned, Attached, Garage

Interior

Bathroom Information
# of Baths (Full): 3
Bath Amenities: Whirlpool,Separate Shower,Double Sink

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

Room Information
Room Type: Balcony/Porch/Lanai
Level: Main
Dimensions: 16 x 7

Room Information
Room Type: Foyer
Level: Main
Dimensions: 21 x 9
Window Treatments: None
Flooring: Marble

Room Information
Room Type: Office
Level: Second
Dimensions: 6 x 8
Window Treatments: None
Flooring: Carpet

Room Information
Room Type: Storage
Level: Second
Dimensions: 8 x 10

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 12 x 15
Window Treatments: Shades
Flooring: Carpet

Room Information
Room Type: Bedroom 3

Room Information
Room Type: Bedroom 4

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 12 x 18
Window Treatments: Shades
Flooring: Hardwood

Room Information
Room Type: Family Room
Level: Second
Dimensions: 18 x 23
Window Treatments: Shades
Flooring: Carpet

Room Information
Room Type: Kitchen
Type: Eating Area-Table Space,Island,Pantry-Closet
Level: Main
Dimensions: 13 x 15
Window Treatments: Shades
Flooring: Hardwood

Room Information
Room Type: Laundry
Level: Main
Dimensions: 9 x 6
Window Treatments: None
Flooring: Vinyl

Room Information
Room Type: Living Room
Level: Main
Dimensions: 14 x 15
Window Treatments: Shades
Flooring: Carpet

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 12 x 13
Window Treatments: Shades
Flooring: Carpet
Bath: Full

Additional Rooms Information
Dining Room: Separate
Laundry Features: Washer Hookup

Interior Features
Interior Features: Elevator, Storage
# of Rooms: 7
Window Features: Screens
Flooring: Hardwood

Equipment
Appliances: Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood

Exterior

Exterior Features
Patio And Porch Features: Deck
Exterior Features: Balcony, Roof Deck

Building Information
# Of Units in Building: 8
Living Area Source: Estimated
Age: 91-100 Years
Built Before 1978 (Y/N): Yes
Foundation Details: Concrete Perimeter
Construction Materials: Brick
Aprox. Total Finished Sq Ft: 2,202

Property Information
Entry Level: 5
Property Type: Attached Single
Property Type: Condo, Penthouse
Main Sq Ft: 1766
Ownership: Condo
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
Total Finished/Unfinshed Sq Ft: 2,202
Total Sq Ft: 2,202
Upper Sq Ft: 436
General Information: Commuter Bus,Interstate Access
Parcel Number: 17084460231008

Lot Information
Dimensions: COMMON

Financial

Tax Information
Tax Annual Amount: $13,744.04
Tax Year: 2023

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Storm Sewer
Electric: Circuit Breakers
Utilities: Cable Available

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

Location

Community Information
Management: Self-Management
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK
Max Pet Weight: 40

Homeowners Association Information
Association Fee: $610
Association Fee Frequency: Monthly
Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal, Internet
Master Association Fee Frequency: Not Required
Association Amenities: Elevator(s), Storage, Security Door Lock(s)

School Information
Elementary School District: 299
Elementary School: Skinner Elementary School
Middle Or Junior School District: 299
High School District: 299

Location Information
Township: West Chicago
Corporate Limits: Chicago
Directions: On Madison, just west of Morgan.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 17084460281008

Home facts updated by county records on Sep 17, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No

Teams Information
Buyer Team Name: Kate Waddell Group

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

$953,000 – $1.15M

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1 bed1 bath— sq ft

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Home values near 1016 W Madison St Unit 5N

Data from public records.

Address	Redfin Estimate
1016 West Madison St Apartment 2S, Chicago, IL 3 Beds \| 2 Baths \| 1850 Sq. Ft.	$878,381
1016 West Madison St Apartment 3S, Chicago, IL 3 Beds \| 2 Baths \| 1895 Sq. Ft.	$871,558

Address	Redfin Estimate
1016 West Madison St Apartment 2N, Chicago, IL 3 Beds \| 2 Baths \| 1830 Sq. Ft.	$896,227
1016 West Madison St Apartment 4S, Chicago, IL 2 Beds \| 2 Baths \| 1900 Sq. Ft.	$813,557

Address	Redfin Estimate
1016 West Madison St Apartment 4N, Chicago, IL 3 Beds \| 2 Baths \| 1830 Sq. Ft.	$839,510
1016 West Madison St Apartment 3N, Chicago, IL 2 Beds \| 2 Baths \| 1920 Sq. Ft.	$832,109

Property information provided by MRED as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

Listing provided courtesy of: Jameson Sotheby's Intl Realty

Listing agent: Peter Angelo

Based on information submitted to the MLS GRID as of Mon Oct 19 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2023-03-12T20:13:47.394Z

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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 5N

Tax history for 1016 W Madison St Unit 5N

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 5N

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