1219 W Madison Street Unit 2
Chicago, IL 60607
- 3 beds
- 4 baths
- 8,490 sqft
- 8,505 sqft lot
- $618 per sqft
- 1885 build
- – on site
Discover an unparalleled blend of sophistication, modern convenience, and historic Chicago charm in this luxurious 8,490+ sq. ft. live/work property, perfectly situated in the highly sought-after West Loop neighborhood on coveted Madison Street. The second floor of this property has been completely gutted and reimagined to offer an extraordinary living and working experience, seamlessly blending opulent residential comfort with a dynamic professional space that is waiting to be built to suit. The second-floor luxury condo promises an exceptional level of craftsmanship and design. Ascend via your private elevator to discover a meticulously designed, 4,000 sq. ft. 3-bedroom, 3.5-bath residence with soaring 17-foot ceilings. Every detail of this expansive unit exudes elegance and modernity, from the open-concept living space bathed in natural light and floor to ceiling book match marble fireplace to the gourmet kitchen featuring top-of-the-line appliances, custom cabinetry, and an extravagantly spacious Taj Mahal Island. The stunning great room seamlessly connects to a grand private terrace. Perfect for entertaining or unwinding, this outdoor retreat offers ample space for dinning, lounging and enjoying breathtaking views. The primary suite serves as a tranquil retreat, complete with a spa-like en-suite bath with radiant heated floors, double walk-in closets and sky light. While additional bedrooms offer en-suite baths, walk-in closets and ample space for family or guests. High-end finishes, designer fixtures, and smart home technology elevate the living experience to an entirely new level. The versatile first level presents a unique build-to-suit opportunity, ideal for professionals, entrepreneurs, and creatives seeking a bespoke workspace. This expansive 4,000 sq. ft. area, boasting soaring 17.5-foot ceilings, offers limitless potential such as establishing an elegant gallery with ample space to display prized artwork, host unforgettable gatherings with a spacious interior and an inviting courtyard for outdoor mingling. Elevate your golf game with a private indoor driving range, merging leisure and luxury. Create a culinary destination with an open layout designed for showcasing culinary excellence. Design a serene wellness retreat complete with treatment rooms and tranquil ambiance. Imagine creating a hidden gem where only a select few guests access-an exclusive speakeasy retreat with a secret garden escape. Whether you're a musician, content creator, or business visionary, the soundproof space offers endless possibilities. With the potential for a fully equipped sound or video recording studio, you can bring your creative projects to life right from home. Imagine producing music, podcasts, or videos in a space designed for inspiration and innovation. Perfect for professional and hobbyists alike, this home offers the ideal blend of work and play in a setting that fuels creativity. This property isn't just a home it's an entrepreneur's dream come true! The perfect blend of luxury, mystery and ambiance awaits. This space is waiting to be transformed, bringing a vision to life! Additionally, this exceptional property includes 9 private parking spaces, a rare and invaluable asset in the heart of the city. The parking lot presents a prime opportunity for additional development, allowing the new owner to further enhance this remarkable space. Whether you seek an upscale residential haven, a dynamic professional environment, or a combination of both, this West Loop masterpiece delivers on every level. Don't miss the chance to claim this extraordinary property and shape it into your ultimate vision of luxury and functionality.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 5, 2025
•
MLS# 12181143 —
The Building
-
Year Built:1885
-
Rebuilt:Yes
-
Rebuilt Year:2010
-
New Construction:false
-
Basement:Partial
-
Disability Access:Yes
-
Accessibility Features:Main Level Entry, Ramp - Main Level
-
Stories Total:2
-
Total SqFt:8000
-
Total SqFt:12000
-
Main SqFt:4000
-
Upper SqFt:4000
-
Basement SqFt:4000
-
Unfinished Basement SqFt:4000
-
Living Area Source:Builder
Interior
-
Room Type:Other Room, Bonus Room, Terrace
-
Rooms Total:8
-
Interior Features:Cathedral Ceiling(s), Skylight(s), Elevator, Hardwood Floors, Heated Floors, First Floor Laundry, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Pantry
-
Fireplaces Total:1
-
Fireplace Features:Electric
-
Fireplace Location:Living Room
-
Laundry Features:In Unit
Room Dimensions
-
Living Area:8490
Location
-
Directions:Take I90 To West Madison
-
Location:17665
The Property
-
Parcel Number:17171050110000
-
Property Type:Residential
-
Lot Size Dimensions:45X189
-
Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 517-1323
- Office phone:
- (312) 682-8500
Taxes
-
Tax Year:2023
-
Tax Annual Amount:65830.36
Beds
-
Bedrooms Total:3
-
Bedrooms Possible:3
Baths
-
Baths:4
-
Full Baths:3
-
Half Baths:1
The Listing
-
Special Listing Conditions:None
Heating & Cooling
-
Heating:Natural Gas
-
Cooling:Central Air
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
Appliances
-
Appliances:High End Refrigerator, Oven, Range Hood
Schools
-
Elementary School:Skinner Elementary School
-
Elementary School District:299
-
Middle Or Junior School District:299
-
High School District:299
The Community
-
Pets Allowed:Cats OK, Dogs OK
-
Association Fee Includes:None
-
Association Fee Frequency:Monthly
-
Master Assoc Fee Frequency:Not Required
Parking
-
Parking Total:9
-
Parking Features:Alley Access, Enclosed, Parking Lot, Secured, Rear/Side Entry
-
Parking Onsite:Yes
-
Parking Ownership:Owned
Monthly cost estimate

Asking price
$5,250,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$28,112
|
Taxes | $5,485 |
Insurance | $1,443 |
Utilities | $345 See report |
Total | $35,385/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/4/25
Mar 4, 2025
|
Listed / Active | MRED | $5,250,000 |