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Michael Vrielink

mvrielink@chicagorea.com +1(312) 970-9476

$ 4,850,000

Est. payment | -/mo

3 Beds

3.5 Baths

4,000 SqFt

Save

$ 4,850,000

Est. payment | -/mo

Save

3 Beds

3.5 Baths

4,000 SqFt

Key Details

Property Type Condo, Single Family Home

Sub Type Condo,Condo-Duplex,Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $1,212

MLS Listing ID 12564231

Bedrooms 3

Full Baths 3

Half Baths 1

Rental Info Yes

Year Built 1885

Annual Tax Amount $69,765

Tax Year 2024

Lot Dimensions 45X189

Property Sub-Type Condo,Condo-Duplex,Other

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.

Location

State IL

County Cook

Area Chi - Near West Side

Rooms

Basement Partially Finished, Partial

Interior

Interior Features Vaulted Ceiling(s), Elevator, Storage, Walk-In Closet(s), Open Floorplan

Heating Natural Gas, Radiant Floor

Cooling Central Air

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Gas Starter

Fireplace Y

Appliance Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Gas Cooktop

Laundry Washer Hookup, In Unit

Exterior

Amenities Available Elevator(s), Storage

Roof Type Rubber

Building

Dwelling Type Attached Single

Building Description Brick, Yes

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Skinner Elementary School

School District 299 , 299, 299

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Pets Allowed Cats OK, Dogs OK

Listed by Jovanka Corazzina of @properties Christie's International Real Estate

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 970-9476

mvrielink@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642-1219, USA

1219 W Madison ST #PH Chicago, IL 60607