1016 W Madison Street #4S — Chicago, IL 60607
Active
Chicago, IL 60607

1016 W Madison Street #4S

$875,000
2 beds · 2 baths · 1,953 sqft
Listed at $875,000 7 days on market $15,014/yr taxes
01About this home

Nestled in the heart of the West Loop at Madison & Morgan, this exceptional residence is being offered for sale for the very first time by its original owner. Located in an intimate 8-unit elevator building with only two homes per floor, this rarely available south-facing 2BR/2BTH home offers 1,900 square feet of living space & an EZ Convert to a 3BR layout. A gracious foyer featuring classic black-and-white harlequin tile welcomes you into an open floor plan bathed in natural southern light. Soaring 12FT+ ceilings, custom wainscoting, crown moldings & oversized windows create an elegant backdrop throughout the home.The expansive 27-foot living room offers flexibility with ample space for multiple seating areas, entertaining & a space for a home office. Oversized windows with custom plantation shutters, a cozy gas fireplace & access to the large south-facing balcony showcase sweeping city views, including the iconic Willis Tower. The balcony provides generous space for grilling, & relaxing while enjoying the skyline. Perfect for entertaining, the spacious dining area flows seamlessly into a redesigned chef's kitchen featuring the PRO Series Viking appliances, including a refrigerator, double oven/convection microwave with warming drawer, six-burner gas cooktop with grill, and a Bosch dishwasher. Granite countertops, custom backsplash, under-cabinet lighting, and a bespoke island create both functionality and style. A custom butler's pantry & dry bar with additional cabinetry & granite workspace further enhance the home's entertaining capabilities. Both bedrooms are fully enclosed for privacy, every closet has been professionally organized by California Closets. Custom Hunter Douglas window treatments are featured throughout the home. The tranquil primary suite serves as a private retreat, offering custom plantation shutters, abundant closet space, & a luxurious spa-inspired ensuite bath. Completely renovated with premium finishes, the bath features dual vanities, a large walk-in shower, marble flooring and tile work, & extra storage. The generously sized second bedroom offers ample closet space & is complemented by a beautifully renovated second bath featuring a walk-in shower with custom bench seating and a stylish vanity. (No tubs) Additional highlights include a full-size laundry room w/Maytag washer and dryer, a large walk-in coat & storage closet off the foyer, 1 GAR parking space, and a storage unit. Offering incredible value and endless potential for personalization, this remarkable home is priced under $1 million in one of Chicago's most sought-after neighborhoods. The virtually staged photos illustrate the possibilities for making this residence your own. Reserves are $71,000 and no Special Assessments.

02Inside the home
03By the numbers
$875,000
List price
1,953
Square feet
2
Bedrooms
2 full
Bathrooms
Year built
Lot size
1
Garage spaces
$15,014
Annual taxes
Attached Single
Style
7
Days on market
04Open houses
Sunday
Jun 21
6pm–8pm
Boutique 8 unit elevator Build! 2 homes per floor only! 1 homeowner & 1st time on the market! RARELY available South Facing 1900 SQ ft 2BR/2
05Features
Heating
Natural GasForced AirRadiant Floor
Cooling
Central Air
Appliances
Double OvenMicrowaveDishwasherHigh End RefrigeratorWasherDryerDisposalStainless Steel Appliance(s)CooktopOvenGas CooktopGas Oven
Parking
Garage Door OpenerGarage OwnedAttachedGarage
Construction
Brick
Sewer
Public Sewer
06Neighborhood
  • Monteverde Restaurant & Pastificio 100 ft
  • Jet's Pizza 100 ft
  • All Too Well 100 ft
  • Viaggio Ristorante & Lounge 100 ft
  • Madison Crab House 250 ft
  • Black Barrel Tavern 350 ft
  • West Loop Market 700 ft
  • Go Grocer 0.3 mi
  • Mariano's Fresh Market 0.3 mi
  • West Loop Market 0.3 mi
  • West Loop Mart 0.3 mi
  • 7-Eleven 0.3 mi
  • Mary Bartelme Park 0.2 mi
  • Mary Bartelme Park Playground 0.2 mi
  • Skinner Park Playground 0.4 mi
  • Skinner Park 0.5 mi
  • Elysian Field 0.5 mi
  • Heritage Green Park 0.5 mi
  • Starbucks 250 ft
  • Vietfive Coffee 550 ft
  • La Colombe Coffee Roasters 900 ft
  • Dunkin' 950 ft
  • Starbucks 0.2 mi
  • The Goddess and Grocer 0.2 mi
POI data via Mapbox · OpenStreetMap contributors
07History

Every event we have for this address, straight from the MLS.

Jun 11, 2026
Listed for saleThis listing
@properties Christie's International Real Estate
$875,000
Sourced from MRED. Older events appear here as our history backfill completes.
08Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

09See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
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Listed by @properties Christie's International Real Estate · Penny Bagherpour · 312-953-7742
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12675751
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