Seller's Agent in 2025
Tyler Stallings
Corcoran Urban Real Estate
(513) 680-3924
5 in this area
121 Total Sales
1025 W Madison St Unit 1 Chicago, IL 60607
West Loop Neighborhood
2
Beds
2
Baths
1,550
Sq Ft
$200/mo
HOA Fee
Highlights
- Fitness Center
- Open Floorplan
- Wood Flooring
- Skinner Elementary School Rated A-
- Lock-and-Leave Community
- 4-minute walk to Mary Bartelme Park
About This Home
As of September 2025Experience the best of city living in this tastefully appointed condo located in Chicago's sought-after West Loop. This stylish second floor home features high ceilings, hardwood floors, and classic exposed brick throughout, blending urban character with modern comfort. The spacious living and dining area is perfect for entertaining, complete with a custom built-in dry bar. The updated kitchen flows seamlessly into the space, making it ideal for hosting gatherings or quiet evenings in. The primary suite is truly a retreat, featuring a jacuzzi tub, separate shower, and a generous walk-in closet. A versatile flex space adjacent to the guest bedroom provides endless possibilities-perfect for a home office, home gym, or potential third bedroom. Step outside to your private deck-an ideal spot for grilling and relaxing outdoors. Additional amenities include a deeded garage parking space, offered at $45,000, a fully equipped fitness center, and a rooftop terrace with panoramic views. Prime West Loop location--directly across the street from Moteverde and steps to all of the restaurants and nightlife on Randolph.
Last Agent to Sell the Property
Corcoran Urban Real Estate License #475173020 Listed on: 06/24/2025
Last Buyer's Agent
@properties Christie's International Real Estate License #475162124
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,770
Year Built
- Built in 2006
Lot Details
- Additional Parcels
HOA Fees
- $200 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 2nd floor
- Brick Exterior Construction
Interior Spaces
- 1,550 Sq Ft Home
- Open Floorplan
- Family Room
- Living Room
- Dining Room
- Home Office
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Skinner Elementary School
- William Brown Elementary Middle School
- Wells Community Academy Senior H High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, exterior maintenance
- 4 Units
- Karlis Tolks Association, Phone Number (805) 415-5631
- Property managed by Karlis Tolks
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Sundeck
Recreation
- Fitness Center
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2021
Closed on
May 13, 2021
Sold by
Trankar Ashley R and Voss Ashley R
Bought by
Tolks Karlis Augusts
Seller's Agent
Elaine Pagels
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Sara Linton
Baird & Warner
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$416,000
Outstanding Balance
$380,104
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$237,621
Purchase Details
Closed on
Apr 1, 2005
Sold by
1025 W Madison Inc
Bought by
Mccleary Ryan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $520,000 | Attorney | |
| Warranty Deed | $403,500 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $416,000 | New Conventional | |
| Previous Owner | $360,000 | Unknown | |
| Previous Owner | $352,000 | Balloon | |
| Previous Owner | $88,000 | Stand Alone Second | |
| Previous Owner | $430,000 | Unknown | |
| Previous Owner | $122,550 | Fannie Mae Freddie Mac | |
| Previous Owner | $282,450 | Fannie Mae Freddie Mac | |
| Closed | $121,050 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Sold | $625,000 | +4.3% | $403 / Sq Ft |
| 06/26/2025 06/26/25 | For Sale | $599,000 | +15.2% | $386 / Sq Ft |
| 05/13/2021 05/13/21 | Sold | $520,000 | -1.0% | $347 / Sq Ft |
| 03/18/2021 03/18/21 | Pending | -- | -- | -- |
| 02/25/2021 02/25/21 | For Sale | $525,000 | +41.9% | $350 / Sq Ft |
| 08/22/2014 08/22/14 | Sold | $370,000 | -7.5% | $285 / Sq Ft |
| 07/09/2014 07/09/14 | Pending | -- | -- | -- |
| 06/05/2014 06/05/14 | Price Changed | $399,900 | -3.6% | $308 / Sq Ft |
| 05/15/2014 05/15/14 | For Sale | $414,900 | +12.1% | $319 / Sq Ft |
| 04/18/2014 04/18/14 | Off Market | $370,000 | -- | -- |
| 03/31/2014 03/31/14 | For Sale | $414,900 | -- | $319 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,002 | $52,635 | $2,379 | $50,256 |
| 2023 | $10,434 | $50,558 | $2,379 | $48,179 |
| 2022 | $10,434 | $50,558 | $2,379 | $48,179 |
| 2021 | $9,528 | $50,556 | $2,378 | $48,178 |
| 2020 | $10,606 | $50,556 | $2,378 | $48,178 |
| 2019 | $10,462 | $55,331 | $2,378 | $52,953 |
| 2018 | $10,284 | $55,331 | $2,378 | $52,953 |
| 2017 | $8,265 | $38,261 | $2,098 | $36,163 |
| 2016 | $7,663 | $38,261 | $2,098 | $36,163 |
| 2015 | $7,011 | $38,261 | $2,098 | $36,163 |
| 2014 | $5,775 | $31,123 | $1,783 | $29,340 |
| 2013 | $5,661 | $31,123 | $1,783 | $29,340 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Stallings
-
Wendi Gordon Shelist
Buyer's Agent in 2025
Wendi Gordon Shelist
@ Properties
(312) 953-5864
3 in this area
77 Total Sales
-
Elaine Pagels
Seller's Agent in 2021
Elaine Pagels
Berkshire Hathaway HomeServices Chicago
(630) 640-2002
2 in this area
316 Total Sales
-
Molly Boyd
Seller Co-Listing Agent in 2021
Molly Boyd
Berkshire Hathaway HomeServices Chicago
(312) 351-0782
3 in this area
96 Total Sales
-
Sara Linton
Buyer's Agent in 2021
Sara Linton
Baird Warner
(803) 414-5235
6 in this area
79 Total Sales
-
R
Seller's Agent in 2014
Richard Thomas
Realty Plus Chicago Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12366701
APN: 17-17-203-032-1001
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