Ideally located in the heart of the West Loop, this spacious two-bedroom, two-bath condo offers an open floor plan, soaring 10'6" ceilings, and abundant natural light. A dramatic wall of windows fills the living and dining area with sunlight, while a private balcony creates a seamless extension for everyday living and entertaining. The recently updated kitchen features white 42-inch cabinetry, stainless steel appliances, an expansive island, and space for a dining table. Two well-proportioned, fully enclosed bedrooms offer ensuite baths and ample closet space. Hardwood floors, in-unit laundry, and additional storage provide everyday convenience. Tandem heated garage parking for two cars is available for an additional $25k. Just moments from Randolph Street's acclaimed restaurants, shopping, and convenient transportation options, this pet-friendly home delivers exceptional space and an unbeatable location in one of Chicago's most sought-after neighborhoods. Welcome home!
CondoProperty Type
2000Year Built
$577/moHOA Dues
2 car garageParking
Listed by Christie Ascione• @properties Christie's International Real Estate
Listed by Lisa Weis• @properties Christie's International Real Estate
West Loop, located between the Chicago River and Ashland Avenue, is a former industrial and culinary Chicago neighborhood with loft warehouses and restaurant-lined blocks. The neighborhood’s character concentrates around Randolph Street and Peoria Street, where chef-driven dining rooms, cocktail bars, and gallery-like storefronts cluster under old brick facades. Fulton Market’s timber-and-steel buildings sit beside new glass towers, giving the streetscape a layered, work-to-weekend feel. Time Out Market Chicago anchors a food-hall scene, while The Publican remains a long-running table for oysters and beer. Mary Bartelme Park adds lawns, play space, and a weekly market rhythm.
Provided by Walk Score and Local Logic
Offer insights
949 W Madison St #407 · $525,000
$533K and above
75% chance or better to win
Why $533K+ is a strong offer
DAYS ON MARKET
14 days
The average home goes pending in 51 days.
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Elevator
Storage
Open floor plan
Window screens
Bedrooms
Master bedroom on main level (14 x 12) with full bath
Second bedroom on main level (13 x 12)
Two additional bedrooms noted
Bathrooms
2 full bathrooms
Kitchen
Kitchen with island, breakfast bar, and table-space area
Range
Microwave
Dishwasher
Refrigerator
Laundry & utility
Main-level laundry
Washer hookup
Washer
Dryer
Flooring
Hardwood
Wood laminate in primary living areas and bedrooms
Heating & cooling
Natural gas forced air heating
Central air conditioning
Exterior features
Balcony
Home design
Attached single condo
Entry at level 4
Commuter-bus access
Parking
Deeded attached garage (tandem, heated) with garage door opener
2 garage spaces (2 total parking)
Concrete parking
Deeded garage fee applies ($25)
Security
Security system
Intercom
Construction
Built approximately 26–30 years ago
Brick and block construction
Asphalt roof
Block/brick/mortar and concrete perimeter foundation
Utilities
Water: Lake Michigan
Sewer: Public sewer
HOA & community
Monthly association fee of $577
Association fee includes water, gas, parking, insurance, security, TV/cable, exterior maintenance, trash removal, and snow removal
Building amenities include bike room/trails and storage
Management: manager off-site
Pets allowed (cats and dogs)
Other
47 units in the building
Property is not currently leased
Electricity and solar
View estimated energy costs and solar savings for this home
HUGE TANDEM PARKING SPACE FOR 2 CARS INCLUDED IN PRICE! HOT WEST LOOP LOCATION AT THE MADISON. STUNNING OPEN & SPACIOUS 2BD & 2BTH. 10'6" CEIL, HUGE WALL OF WINDOWS, W/PRIVATE BALCONY. LARGE OPEN LIV/DIN, LARGE KITCH W/42" CABS SS APPLIANCES, LOTS OF CLOSETS. LOW ASSESS, STORAGE, EASY TRANSPORTATION, HOT RESTAURANTS ON RANDOLPH.
MRED as Distributed by MLS Grid #06551852
Jun 23, 2007
Listing Removed
—
MRED as Distributed by MLS Grid #06369433
Jun 12, 2007
Listing Removed
—
Year
Property tax
Land + Additions
Assessment*
2023
$7,564 (+2.6%)
$2,046 + $33,130
$35,176
2022
$7,374 (+2.3%)
$1,122 + $34,606
$35,728
2021
$7,208 (+6.4%)
$1,122 + $34,606
$35,728
2020
$6,773 (+1.3%)
$1,122 + $29,182
$30,304
2019
$6,686 (+1.7%)
$1,122 + $32,044
$33,166
2018
$6,573 (+3.3%)
$1,122 + $32,044
$33,166
2017
$6,361 (+7.9%)
$990 + $28,456
$29,446
2016
$5,898 (+9.3%)
$990 + $28,456
$29,446
2015
$5,395 (+29.2%)
$990 + $28,456
$29,446
2014
$4,175 (+2.0%)
$841 + $21,664
$22,505
2013
$4,093 (+1.4%)
$841 + $21,664
$22,505
2012
$4,038 (+11.0%)
$841 + $21,664
$22,505
2011
$3,637 (−0.4%)
$1,122 + $21,320
$22,442
2010
$3,652 (+4.4%)
$1,122 + $21,320
$22,442
2009
$3,499 (−2.6%)
$1,122 + $21,320
$22,442
2008
$3,593 (+1.0%)
$976 + $24,072
$25,048
2007
$3,557
$976 + $24,072
$25,048
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
1,200
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,200
Year built
—
Style
Condo/Co-op
County
Cook County
APN
17172060141124
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
DX-3
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 3 bulk and density designations (see Sec. 17-4-0401).
Permitted uses
Include but are not limited to:
General retail
Restaurant
Hospital / medical center
Housing-Senior
Housing-Other
Manufacturing
Warehouse
Hotel / motel
Mixed use
Office
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)
31
17
39
25
55
36
62
45
68
53
81
66
86
72
81
68
78
63
68
53
52
40
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
65/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Chicago. There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.2 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 949 W Madison St #407
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $385,000 and $585,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $385K to $585K.