1001 W Madison ST #510 Chicago, IL 60607 Price Dropped by $25K

UPDATED: 07/09/2026 08:03 AM ON MARKET: 24 days on market

$349,900

1 Bed1 Bath800 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $437

MLS Listing ID 12673816

Bedrooms 1

Full Baths 1

HOA Fees $461/mo

Year Built 2001

Annual Tax Amount $5,590

Tax Year 2024

Lot Dimensions common

Property Sub-Type Condo

Property Description

Experience sophisticated West Loop living in this rare 1 bed, 1 bath loft-style residence at 1001 W Madison, with heated garage parking included in the price. This thoughtfully designed 800 sq ft home features an expansive open-concept living area that easily accommodates generous seating, ideal for both everyday living and entertaining. Large windows, high ceilings, and hardwood floors create a light-filled, contemporary loft ambiance, while the open bedroom ceiling maintains the neighborhood's signature urban feel. The well-appointed kitchen provides ample cabinetry and counter space. The bedroom comfortably fits a king-sized bed and offers excellent closet storage. A spacious full bath with tub, in-unit laundry (all-in-one washer dryer), and an included storage unit adds everyday convenience. Major mechanicals updated: new furnace and central air installed in May 2025. Professionally managed, pet-friendly elevator building with fitness room and sundeck; financially robust, well-run HOA with approximately $804,000 in reserves. Prime West Loop address near Randolph, Fulton Market, Mary Bartelme Park, groceries, CTA, Metra, and expressways.


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