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Seller requests to show until all contingencies have been met. Welcome to a rare Stunning SOUTH facing unit with an AMAZING view of the iconic Willis Tower. Located in a Boutique 8 unit elevator building at Madison & Morgan in one of Chicago's most sought-after energetic neighborhoods. Only 2 homes per floor, this Charming 2 Bed/2 Bath home effortlessly blends classic features with modern living elevating the home's elegant atheistic. A dramatic Foyer welcomes you into a bright 1900 sq ft open space ideal for family & entertaining! Featuring soaring 12Ft+ceilings Crown moldings Oak floors recessed lighting OVERSIZED windows that illuminate the home with natural light beautiful custom Plantation Shutters & a cozy Fireplace. The expansive LV/DR/Office area offers versatility to suit your lifestyle with the opportunity to design a dedicated private space. Enjoy stunning views of the Willis Tower & City scape from a large Balcony accessed from the Living Room. The re-designed open Chefs kitchen boasts high end Viking Pro Series SS appliances includes a convection oven/microwave & WARMING TRAY Granite counters under cabinet lighting & bespoke Breakfast bar. The custom butlers pantry/dry bar is designed for additional storage & enhances the home's entertaining vibe. The private Primary suite features custom plantation shutters & a row of thoughtfully organized closets. An elegant Marble ensuite Bathroom features dual vanities custom cabinetry for extra storage and a luxurious walk in shower. A generous sized 2nd BR with organized closets & custom silhouette shades is complimented by a spacious 2nd bathroom w/custom step in shower. A large laundry room & walk in coat /"costco" closet are located off the foyer. Additional features through out the home include recessed lighting custom Hunter Douglas silhouette shades & California Closets. One Car Garage space & Storage room included completes this stunning lovingly maintained home. LOW HOA $556 mo VERY healthy assoc. $71,000 reserve & no special assessments. Huge potential to personalize and be in the most desired location in the West Loop. Steps to Monteverde & Starbucks xrss the road a few blocks to Randolph's St Restaurant Row, hot Fulton Market restaurants nightlife, boutiques, workout studios, Target, Whole Foods, Mariano's, United Center, the EL the Madison Bus stop and 90/94 access. SKINNER SCHOOL DISTRICT!

  • Bedrooms
    2
  • Bathrooms
    2
  • Stories
    5.0
  • Construction Materials
    Brick, Concrete
  • Garage Spaces
    1.0
  • Parking Features
    Attached, Garage
  • Living Area
    1900.0
  • Interior Features
    Walk-In Closet(s), Storage, Granite Counters, Open Floorplan, Entrance Foyer, Dry Bar
  • Appliances
    Dryer, Dishwasher, Microwave, Washer, Disposal, Cooktop, Oven, Gas Oven, Double Oven, Range Hood, Stainless Steel Appliance(s)
  • Flooring
    Hardwood
  • Exterior Features
    Balcony
  • Cooling
    Central Air
  • Heating
    Forced Air
  • Basement
    None


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Frequently Asked Questions

How do I schedule a tour of 1016 W Madison St #4 S?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1016 W Madison St #4 S.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1016 W Madison St #4 S?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 2 bath, listed for $825,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Chicago, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1016 W Madison St #4 S?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1016 W Madison St #4 S at around $6,345. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1016 W Madison St #4 S?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cook County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1016 W Madison St #4 S?

In most cases, yes. Whether 1016 W Madison St #4 S is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Chicago's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1016 W Madison St #4 S?

We can handle that for you. Our preferred local agent specializes in residentials in Chicago and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $825,000 with 1,900 sqft of space—that comes out to approximately $434 per square foot.

How long has this property been on the market?

1016 W Madison St #4 S was listed on September 22, 2026, which means it's been on the market for 54 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Skinner Elementary School

Want to see how these schools compare? Check out our Cook County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 1016 W Madison St #4 S?

The most recent public record shows annual property taxes for 1016 W Madison St #4 S were approximately $19,807. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $556 paid monthly.

Is 1016 W Madison St #4 S still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 15, 2026 at 10:07AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12765654