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1301 W Madison Street Chicago, IL 60607 • Residential - Condominium • Contingent

  • 1301 W Madison Street, Unit 407, Chicago, IL 60607 Main Photo

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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.

Property Highlights

Property Type: Residential - Condominium
Total Living Area SF: 1,168
Garage Size: 1
Attached Garage
Built in 2001
Elementary School: Skinner Elementary School
Middle School: Skinner Elementary School
Brick Exterior

General Information

Bedrooms: 2
Bathrooms: 1
Sqft: 1,168
County: Cook
Listed By:
Compass 312-319-1168
MRED MLS

Room Information

Bedroom 2: 10X11
Kitchen: 18X11
Living Room: 22X17
Primary Bedroom: 13X12
$465,000
Est. $3,227/mo
2beds
1baths
1,168sqft
1cars
Contingent
BEDS2 BATHS1 full SQUARE FEET1,168 MLS#12739191
STATUSContingent PROPERTY TYPEResidential - Condominium SCHOOLDistrict 299

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1301 W Madison Street, Unit 407, Chicago, IL 60607.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $465,000$465,000$465,000
Down Payment $93,000$16,275$116,250
Monthly Mortgage Amount $2,444$2,999$2,990
Taxes $647$647$647
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$205$0
Monthly Estimated Total $3,227$3,987$3,773

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