1219 W Madison Street #PH, Chicago, IL 60607
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1219 W Madison Street #PH,Chicago, IL 60607
$4,850,000
- 3 Beds
- 4 Baths
- 4,000 sq. ft.
- Condominium
- Active
Listed by: jovanka corazzina
Office: @properties christie's international real estate
MLS#:12564231
Source:MLSNI
Price summary
- Price:$4,850,000
- Price per sq. ft.:$1,212.5
About this home
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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Home facts
- Year built:1885
- Listing ID #:12564231
- Updated:May 16, 2026 at 10:48 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:7
- Dining Description:Combined With Living Room
- Bathrooms Description:Bidet, Double Sinks, Separate Shower, Soaking Tub
- Kitchen Description:Dishwasher, Double Oven, Freezer, Gas Cooktop, High End Refrigerator, Microwave, Range
- Basement Description:Partial, Partially Finished
- Living area:4,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Rubber
- Year built:1885
- Building area:4,000 sq. ft.
Schools
- Elementary school:Skinner Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,850,000
- Price per sq. ft.:$1,212.5
- Tax amount:$69,765 (2024)
Features and amenities
- Laundry features:Dryer, Washer
- Smart home:Yes
Parking
- Total parking spaces:9
- Parking description:Parking Lot
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