NOT LISTED FOR SALE

949 W Madison St Unit B401 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $468,000 - $579,822

2 Beds
2 Baths
1,200 Sq Ft
0.86 Acre Lot

Sale Details

Date Sold: October 29, 2024

Last sale price $479,900 $400 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,964 / mo

3 Days on Market

Highlights

  • End Unit
  • Balcony
  • Resident Manager or Management On Site
  • Skinner Elementary School Rated A
  • 1 Car Attached Garage
  • 3-minute walk to Mary Bartelme Park

About This Home

As of October 2024

Situated in the heart of the West Loop, this northwest-facing corner unit has everything you need for stylish urban living. Featuring soaring ceilings, floor-to-ceiling windows, polished concrete floors, and a private outdoor terrace, it's perfect for both relaxation and revelry. Cooks and hosts alike will love the open kitchen with its extra-large counter-height island and stainless steel appliances - and that it flows seamlessly into the spacious living area for entertaining. The primary bedroom is an airy retreat, offering stunning city views. With two custom closets, there's plenty of room for storage, and a niche if you need a spot for your Peloton or remote workspace. What's more, the generous ensuite bath provides a double vanity. The unit's second bedroom easily accommodates a queen bed and a dresser ,with two closets. For the ultimate convenience: in-unit laundry and a heated parking spot is included, so you can put that ice scraper away. This well-managed, all-concrete building has low assessments and A+ walkability to Restaurant Row, Fulton Market, gyms, shopping, nightlife, and more. Whether you shop at Whole Foods or Mariano's, love reading in parks, or need easy access to the highway and public transit, it's as well-appointed as it is convenient, perfectly blending function with modern style. Interior photos and floorplans will be up 9/6

Last Agent to Sell the Property

Ila Coretti

@properties Christie's International Real Estate License #475128522 Listed on: 09/05/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Lindsay Guhl

@properties Christie's International Real Estate License #475125648

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,941

Year Built

  • Built in 2000

Lot Details

  • 0.86

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exterior maintenance, scavenger, snow removal
  • 47 Units
  • Travis Taylor Association, Phone Number (800) 901-5431
  • The Madison Subdivision
  • Property managed by Westward Management
  • 6-Story Property

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,941

Year Built

Built in 2000

Lot Details

0.86 Acres

HOA Fees

$414 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: The Madison
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Laundry Hook-Up in Unit
  • LivingArea: 1200
  • Other Equipment: TV-Cable, TV-Dish
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Flooring: Other
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 414
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward Management
  • Management Contact Name: Travis Taylor
  • Management Phone: 800-901-5431
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 7941
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 47

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Jun 30, 2015
Sold by
Bought by
Seller's Agent
Joseph Semany
Compass
Buyer's Agent
Laycey Shackelford
@properties
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$522,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,456
Avg. Annual Appreciation
2.21%

Purchase Details

Closed on
Apr 23, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
0.0502%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
0.065%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 15, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,840
Interest Rate
0.0826%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,500 Fidelity National Title
$348,000 Cti
$361,000 First American Title
$288,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $383,920
Previous Owner $264,000
Previous Owner $278,400
Previous Owner $18,000
Closed $288,500
Previous Owner $35,000
Previous Owner $260,000
Previous Owner $258,840
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2024 10/29/24 Sold $479,900 0.0% $400 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $479,900 +17.0% $400 / Sq Ft
06/30/2015 06/30/15 Sold $410,000 +2.5% $342 / Sq Ft View Prior Sale
06/01/2015 06/01/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $399,900 -- $333 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,169 $41,251 $2,399 $38,852
2024 $8,169 $41,251 $2,399 $38,852
2023 $7,941 $41,900 $1,316 $40,584
2022 $7,941 $41,900 $1,316 $40,584
2021 $7,781 $41,898 $1,315 $40,583
2020 $7,250 $35,537 $1,315 $34,222
2019 $7,149 $38,894 $1,315 $37,579
2018 $7,027 $38,894 $1,315 $37,579
2017 $6,730 $34,532 $1,161 $33,371
2016 $6,416 $34,532 $1,161 $33,371
2015 $5,847 $34,532 $1,161 $33,371
2014 $4,420 $26,392 $986 $25,406
2013 $4,322 $26,392 $986 $25,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12149257

Midwest Real Estate Data (MRED)

APN: 17-17-206-014-1118

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