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.
Active
$4,850,000
1219 W Madison St #Penthouse, Chicago, IL 60607
3beds
4,000sqft
Est.:
Condominium, Duplex, Single Family Residence
Built in 1885
-- sqft lot
$-- Zestimate®
$1,213/sqft
$-- HOA
What's special
Floor-to-ceiling book-matched marble fireplaceDesigner finishesLuxury private residencePrivate elevatorAdditional bedrooms with skylightsGenerous private terraceRefined architectural details
- 45 days |
- 2,221 |
- 65 |
Zillow last checked: 7 hours ago
Listing updated: February 15, 2026 at 10:06pm
Listing courtesy of:
Jovanka Corazzina 773-517-1323,
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12564231
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Terrace, Other Room
Primary bedroom
- Features: Flooring (Hardwood), Bathroom (Full, Double Sink, Tub & Separate Shwr)
- Level: Second
- Area: 280 Square Feet
- Dimensions: 20X14
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Second
- Area: 224 Square Feet
- Dimensions: 16X14
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Second
- Area: 224 Square Feet
- Dimensions: 16X14
Dining room
- Level: Second
- Dimensions: COMBO
Family room
- Features: Flooring (Hardwood)
- Level: Second
- Area: 224 Square Feet
- Dimensions: 16X14
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet), Flooring (Hardwood)
- Level: Second
- Area: 220 Square Feet
- Dimensions: 20X11
Laundry
- Features: Flooring (Hardwood)
- Level: Second
- Area: 48 Square Feet
- Dimensions: 8X6
Living room
- Features: Flooring (Hardwood)
- Level: Second
- Area: 528 Square Feet
- Dimensions: 24X22
Other
- Features: Flooring (Stone)
- Level: Second
- Area: 36 Square Feet
- Dimensions: 6X6
Other
- Features: Flooring (Hardwood)
- Level: Second
- Area: 572 Square Feet
- Dimensions: 44X13
Heating
- Natural Gas, Radiant Floor
Cooling
- Central Air
Appliances
- Included: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Gas Cooktop
- Laundry: Washer Hookup, In Unit
Features
- Vaulted Ceiling(s), Elevator, Storage, Walk-In Closet(s), Open Floorplan
- Flooring: Hardwood
- Windows: Skylight(s)
- Basement: Partially Finished,Partial
- Number of fireplaces: 1
- Fireplace features: Gas Starter, Living Room
Interior area
- Total structure area: 12,000
- Total interior livable area: 4,000 sqft
Property
Parking
- Total spaces: 9
- Parking features: Alley Access, Additional Parking, Parking Lot, Yes, Owned
Accessibility
- Accessibility features: Main Level Entry, Ramp - Main Level, Disability Access
Lot
- Size: 8,505 Square Feet
- Dimensions: 45X189
Details
- Parcel number: 17171050110000
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Duplex, Single Family Residence
Materials
- Brick
- Roof: Rubber
Condition
- New construction: No
- Year built: 1885
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Amenities included: Elevator(s), Storage
- Services included: None
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $1,213/sqft
- Annual tax amount: $69,765
- Date on market: 2/10/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2026 | Listed for sale | $4,850,000$1,213/sqft |
Source:  MRED as distributed by MLS GRID #12564231 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$33,054/mo
Principal & interest
$25011
Property taxes
$8043
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Climate risks
Neighborhood: Near West Side
Nearby schools
GreatSchools rating
- 10/10Skinner Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 1/10Wells Community Academy High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Skinner Elementary School
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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