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39 Properties Within 0.5 miles of: 1219 W Madison, Chicago

1219 W Madison Unit PH
Chicago, IL 60607

  • 3 Beds
  • 3 / 1 Baths
  • 8,000 Sq. Ft.
  • Built In 1885
Price

$4,850,000

Est Payment
$29,351 / month (details)  
Taxes
$69,765  
Beds
3  
Baths
3 / 1  
Rooms
7  
Type
Attached Single  
Sq. Ft.
8,000  
Lot Size
45X189  
Built
1885  
Neighborhood
West Loop  
MLS
#12564231
Status
Active (0 days)

Property Description

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.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Second
Hardwood
24X22
Dining Room
Second
COMBO
Kitchen
Second
Hardwood
20X11
Family Room
Second
Hardwood
16X14
Laundry
Second
Hardwood
8X6
Master Bedroom
Second
Hardwood
20X14
Bedroom 2
Second
Hardwood
16X14
Bedroom 3
Second
Hardwood
16X14
Bedroom 4
N/A
Terrace
Second
Hardwood
44X13
Other Room
Second
Stone
6X6

Utilities

  • Heating Natural Gas, Radiant Floor
  • Cooling Central Air
  • Water Public
  • Sewer Public Sewer

Additional Information

Assessment Includes
None
Common Amenities
Elevator(s), Storage
Interior Features
Vaulted Ceiling(s), Elevator, Storage, Walk-In Closet(s), Open Floorplan
Appliances
Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Gas Cooktop
Pets Allowed
Cats OK, Dogs OK
Parking
9 Parking Spaces, Alley Access, Additional Parking, Parking Lot, Yes, Owned, Parking included in price
Schools
District 299, Skinner Elementary School (299)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

02-10-2026 Listed at $4,850,000
Last Modified 2/10/26 10:31 AM

Nearby Transportation

  • Bus 20 < 0.1 mi
  • Bus 126 0.3 mi
  • Bus 9 0.4 mi
  • Bus X9 0.4 mi
  • Bus 7 0.5 mi
  • Bus 60 0.5 mi
  • Bus 8 0.5 mi
  • Bus 65 0.7 mi
  • Bus 56 0.8 mi
  • Bus J14 0.8 mi
  • Bus 157 0.8 mi
  • Bus 125 0.9 mi
  • Bus 124 0.9 mi
  • Bus 130 0.9 mi
  • Bus 192 0.9 mi
  • Union Pacific North 0.9 mi
  • Union Pacific Northwest 0.9 mi
  • Union Pacific West 0.9 mi
  • Burlington Northern 1.0 mi
  • Heritage Corridor 1.0 mi
  • Milwaukee North 1.0 mi
  • Milwaukee West 1.0 mi
  • North Central Service 1.0 mi
  • Southwest Service 1.0 mi
  • Blue Line 0.4 mi
  • Green Line 0.4 mi
  • Pink Line 0.4 mi
  • ZipCar 0.2 mi
  • I 290 West 0.3 mi
  • I 290 East 0.6 mi
  • I 90 East 0.6 mi
  • I 94 East 0.6 mi
  • I 90 West 0.6 mi
  • I 94 West 0.6 mi
  • I 55 South 1.9 mi
  • I 55 North 1.9 mi
grid
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