1301 W Madison Street #407, Chicago IL 60607
$465,000

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Property Description

Don't miss this completely turnkey 2 bedroom/1 bath loft condo in the heart of the West Loop! Step inside to a bright and welcoming home with a well-designed layout that makes everyday living and entertaining effortless. The spacious and extra-wide living space provides plenty of room for lounging and dining, and even enough room for a home office setup. The updated open-concept kitchen offers white shaker-style cabinetry, granite countertops, stainless steel appliances, subway tile backsplash, and a center island. One of the home's standout features is the spacious walk-out terrace, offering a seamless extension of the living space and a private outdoor oasis. Perfect for morning coffee, al fresco dining, or entertaining friends; this sought-after amenity brings an extra level of enjoyment to city living. The functional floor plan offers two split bedrooms, both fully enclosed. The versatile second bedroom can be used as a comfortable guest suite, home gym, or office. Recent improvements include a gut-renovated bathroom, newer HVAC, new carpet in bedrooms, updated lighting, and custom closets throughout. One garage parking spot is included in the purchase price. Perfectly positioned along Madison Street, this home puts you in the center of everything that makes the West Loop one of Chicago's most coveted neighborhoods. Walk to an incredible selection of restaurants, coffee shops, nightlife, boutique fitness studios, shopping, and entertainment. Easy access to downtown, public transportation, expressways, and the area's many parks and green spaces add to the convenience.

Features & Information

Key Details

  • List Price $465,000
  • Property Taxes $7,996
  • Assessments/HOA $403
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Water, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Square Feet 0
  • Year Built 2001
  • Listing Market Time 2
  • Status New

Rooms

  • Total Rooms 4
  • Number of Bedrooms 2
  • Number of Bathrooms 1
  • Primary Bedroom

  • Room Size 13X12
  • Floor Level Main
  • Flooring Carpet
  • Primary Bathroom None
  • Bedroom 2

  • Room Size 10X11
  • Floor Level Main
  • Flooring Carpet
  • Living Room

  • Room Size 22X17
  • Floor Level Main
  • Flooring Hardwood
  • Kitchen

  • Room Size 18X11
  • Floor Level Main
  • Flooring Hardwood

Interior Features

  • Appliances

  • Appliances Included Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
  • Heating & Cooling

  • Heating Type Natural Gas, Forced Air
  • Air Conditioning Central Air
  • Fireplace

  • # of Fireplaces 0

Exterior Features

  • Parking

  • # of Cars 1

Building Information

  • Number of Units 111
  • Age of Building 21-25 Years
  • Exposure North
  • Pets

  • Pets Allowed? Cats OK, Dogs OK

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Madison West Of Throop At Ada. Street Parking And Some Flasher Parking Nearby
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 7995.64
  • Tax Year 2025
  • Tax Exemptions None
  • Parcel Identification Number 17171040411113

Listed by Lance Kirshner for Compass | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/14/2026 7:02 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.

Explore West Loop

This ultra-urban, former warehouse district is one of Chicago's hip, up-and-coming neighborhoods, just steps away from Loop. The West Loop shares corner space with fine galleries and some of the city's trendiest lofts and condominiums. The neighborhood is great for those who like being next to downtown, but enjoy a little breathing room. Even though it had its start as an industrial storage center, the West Loop is making up for lost time by infusing the area with as much active life and entertainment options as space will allow. Beginning with a couple public parks, the community is not for want of open expanses of green or recreation opportunities these days. In fact, West Loop's Union Park is more than a playground – it doubles as an annual outdoor festival venue for the popular Pitchfork Music Festival each year. West Loop is also gaining fame for its exceptional cuisine with more celebrity chefs opening up shop in the area more than any other neighborhood.

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