Sold
Last Sold Price
2 beds2,202 sqft$397/sqft
1016 W Madison St, Unit 5N, Chicago, IL 60607
CondoProperty Type
1925Year Built
$397/sq ftPrice per sq ft
$610/moHOA Fees
1 carParking Spaces

Description

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...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!

    Sold By Compass

    • Listed by: Peter Angelo 773.294.1910 pangelo@jamesonsir.com • Jameson Sotheby's Intl Realty
    Listing closed: 11/24/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12483278

    Recent comparable sales

    Median sold price

    $790,000

    Avg days on market

    25

    Sale-to-list ratio

    97.6%

    Chicago, IL

    9 comparable properties found

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    Location

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    $6,203 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $4,448

    Property Taxes

    $1,145

    HOA Dues

    $610

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    Property Information for 1016 West Madison Street, Unit 5N

    Property Details
    • Pet Policy: Allowed
    • Taxes: $13,744 / year
    • MLS Type: Attached Single / Condo
    • County: Cook County
    • Area: CHI - Near West Side
    • Township: West Chicago
    • Ownership: Condo
    • Num Of Garage Spaces: 1.0
    • Parking Included in Price: Yes
    • Air Conditioning Type: Central Air
    • Num of Interior Fireplaces: 0
    • Heat/Fuel: Natural Gas, Forced Air
    • Pets Allowed: Yes
    Building Information
    • Building/Complex: 1016 W Madison St
    • Floor: 5
    • Stories: 5
    • Residences: 8
    • Pet Policy: Allowed
    • Pet Policy Details: 999
    • Year Built: 1925
    General Information
    School Information
    • Elementary School District: 299
    • Elementary School: Skinner Elementary School
    • High School District: 299
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Parking Details: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
    Pet Information
    • Max Pet Weight: 40.0
    • Pet Information: Cats OK, Dogs OK
    Location and General Information
    • Front Exposure: North, East, West, City
    Taxes and HOA Information
    • Association Fee Frequency: Monthly
    • Association Fee Includes: Water, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal, Internet Access
    • Master Association Fee: No
    • Master Association Fee Frequency: Not Required
    • Additional Parcels: No
    Property Information
    Interior Features
    • Interior Property Features: Cathedral Ceiling(s), Elevator, Storage
    • Common Area Amenities: Elevator, Storage, Security Door Locks
    • Num Of Rooms: 7
    • Bedrooms Total: 2
    • Bedrooms (Below Grade): 0
    • Bath Amenities: Whirlpool,Separate Shower,Double Sink
    • Basement Type: None
    • Bedrooms Possible: 2
    • Air Conditioning: Central Air
    • Electric: Circuit Breakers
    • Flooring: Hardwood
    • Dining Room: Separate
    • Room Type: Balcony/Porch/Lanai, Foyer, Office, Storage
    • Num of Baths: 3.0
    Exterior Features
    • Patio And Porch Features: Deck
    • Type: Condo,Penthouse
    Utilities / Equipment
    • Sewer: Storm Sewer
    • Water: Lake Michigan
    • Appliances: Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Cooktop, Oven, Range Hood
    • Utilities: Cable Available
    Property/Lot Information
    • Exterior Property Features: Balcony, Roof Deck
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 91-100 Years
    • Type Attached: Condo, Penthouse
    • Total Sq Ft: 2202
    • Aprox Total Finished Sq Ft: 2202
    • Total Finished and Unfin Sq Ft: 2202
    • Main Sq Ft: 1766
    • Upper Sq Ft: 436
    • Lot Dimensions: COMMON
    • Stories Total: 5
    • Total # Units in Building: 8.0
    • Waterfront: No
    • Disability Access and/or Equipped: No
    • Exterior Building Type: Brick
    • Construction: Brick
    • Foundation Details: Concrete Perimeter
    • General Information: Commuter Bus,Interstate Access
    • North Coordinate: 0
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 1016
    • Living Area Source: Estimated
    • Management: Self-Management
    • Management Company: Self Managed
    Property and Assessments
    • Public Document Count: 2
    • Document Date: 2025-10-02T16:17:12
    • Photos Count: 26
    • OpenHouse Count: 0
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Room Information
    Master Bedroom Information
    • Master Bedroom Level: Main
    • Room Type: Master Bedroom
    • Master Bedroom Bath: Full
    • Master Bedroom Dimensions: 12X13
    Bedroom #2 Information
    • 2nd Bedroom Level: Main
    • Room Type: Bedroom 2
    • Bedroom #2 Room Dimensions: 12X15
    Bedroom #3 Information
    • 3rd Bedroom Level: N/A
    • Room Type: Bedroom 3
    Bedroom #4 Information
    • 4th Bedroom Level: N/A
    • Room Type: Bedroom 4
    Dining Room Information
    • Dining Room Level: Main
    • RoomType_DR: Dining Room
    • Dining Room Dimensions: 12X18
    Family Room Information
    • Family Room Level: Second
    • RoomType_FR: Family Room
    • Family Room Dimensions: 18X23
    Kitchen Information
    • Kitchen Level: Main
    • RoomType_KT: Kitchen
    • Kitchen Dimensions: 13X15
    Laundry Information
    • Laundry Level: Main
    • Room Type: Laundry
    • Laundry Dimensions: 9X6
    Living Room Information
    • Living Room Level: Main
    • Room Type: Living Room
    • Living Room Dimensions: 14X15
    Storage Room 1 Information
    • Room Level: Second
    • Room Type: Storage
    • Dimensions: 8X10
    Foyer Information
    • Room Level: Main
    • Room Type: Foyer
    • Dimensions: 21X9
    Office Information
    • Room Level: Second
    • Room Type: Office
    • Dimensions: 6X8
    Balcony/Porch/Lanai Information
    • Room Level: Main
    • Room Type: Balcony/Porch/Lanai
    • Dimensions: 16X7

    Property History for 1016 West Madison Street, Unit 5N

    DateEvent & SourcePriceAppreciation
    Nov 24, 2025

    Sold (Public Record)

    Public Record #1922968990

    $875,000

    +0.6% / yr

    Nov 24, 2025

    Sold

    MRED #12483278

    $875,000
    Oct 9, 2025

    Pending

    MRED #12483278

    DateEvent & SourcePrice
    11/24/2025

    Sold (Public Record)

    Public Record #1922968990

    $875,000

    +0.6% / yr

    11/24/2025

    Sold

    MRED #12483278

    $875,000
    10/09/2025

    Pending

    MRED #12483278

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 1016 West Madison Street, Unit 5N

    Taxable ValueLand$3,111Additions$77,059Total$80,170
    Tax Record2023$13,744 ($1,145 / month)
    Home Facts
    Beds2Total Finished SqFt2,202 SqFtAbove Grade Finished SqFt2,202 SqFtLot Size5,018 SqFtStyleCondominiumYear Built1927CountyCOOKAPN17-08-446-023-1008

    Schools near 1016 West Madison Street, Unit 5N

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Public - 7 to 12
    Public - K to 8
    Rating
    School
    Distance
    Skinner Elementary School
    PublicPK to 8

    Wells Community Academy High School
    Public9 to 12

    Young Magnet High School
    Public7 to 12

    Chicago World Language Academy
    PublicK to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Jameson Sotheby's Intl Realty

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/01/2025 07:54 AM. 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.