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1219 W Madison Street, Unit PH Chicago, IL 60607

$4,850,000
Active / MLS# 12564231 / Residential - Condominium / Chicago
3 Beds
3 Baths
1 Half Bath
4000 SqFt

An exceptional opportunity to own a luxury private residence with built-in passive income in the heart of the West Loop. 1219 W. Madison offers a rare combination of residential living paired with two income-producing commercial storefronts on coveted Madison Street. This 8,490+ square foot mixed-use property is ideally situated on coveted Madison Street and offers exceptional flexibility for owner-occupants, investors, or entrepreneurs. The second floor features a fully gutted and beautifully rebuilt 4,000+ square foot, 3-bedroom, 3.5-bath luxury residence accessed via a private elevator. Soaring 17.5-foot ceilings, expansive windows, and refined architectural details create a dramatic yet inviting living environment. The open-concept great room is anchored by a floor-to-ceiling book-matched marble fireplace and flows seamlessly into a chef's kitchen with high-end appliances, custom cabinetry, and an oversized Taj Mahal quartzite island. A generous private terrace extends the living space outdoors. The primary suite offers a spa-like retreat with radiant heated floors, double walk-in closets, and skylight, while additional bedrooms with skylights feature en-suite baths and walk-in closets. Designer finishes, premium fixtures, and integrated smart-home technology are featured throughout. The first level consists of two commercial storefront spaces totaling approximately 4,000 square feet with soaring 17.5-foot ceilings and direct Madison Street exposure. The spaces may be leased individually or combined, offering strong income potential or ideal owner-user flexibility. A private interior courtyard provides additional outdoor space for tenant use or entertaining. The property includes nine private parking spaces at the rear of the building, a rare asset in the West Loop. Zoned for development, the parking area offers future expansion potential or may remain as a private parking lot for residents or commercial tenants. An exceptional opportunity to combine luxury living, income generation, and long-term investment potential in one of Chicago's most sought-after neighborhoods.

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Baird & Warner Jan Mason Agent Cell: 312.560.3081 Email

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Estimated Payment

$ 18,006.11 per month $10,777.78 Principal & Interest $5,813.75 Property Tax $1,414.58 Homeowner's Insurance
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Property Details

Property Type: Residential - Condominium
Basement: Yes
Basement: Partially Finished, Partial
Cooling: Central Air
Fireplaces: 1
Heating: Natural Gas, Radiant Floor
Lot Size: 0.20 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $69,765
Year Built: 1885

Amenities

Vaulted Ceiling(s)
Elevator
Storage
Walk-In Closet(s)
Open Floorplan

Feature Descriptions

Additional rooms: Terrace, Other Room
Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Gas Cooktop
Association Amenities: Elevator(s), Storage
Association Includes: None
Bath Features: Separate Shower, Double Sink, Bidet, Soaking Tub
Dining Room: Combined w/ LivRm
Exterior: Brick
Fireplace: Gas Starter
Fireplace Location(s): Living Room
Laundry: Washer Hookup, In Unit
Lot Dimensions: 45X189
Parcel#: 17171050110000
Parking: Alley Access, Additional Parking, Parking Lot, Yes, Owned
Pet Allowed: Cats OK, Dogs OK
Sewer: Public Sewer
Total Rooms: 7
Township: West Chicago
Water: Public

Room Information

Terrace: 44X13
Other Room: 6X6
Bedroom 2: 16X14
Bedroom 3: 16X14
Dining Room: COMBO
Family Room: 16X14
Kitchen: 20X11
Laundry: 8X6
Living Room: 24X22
Primary Bedroom: 20X14

Schools

Elementary School: Skinner Elementary School
School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: @properties Christie's International Real Estate

Listing Office Phone: 312-682-8500



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