1219 W Madison Street #PH Chicago IL 60607 MLS #MRD12564231

MLS #MRD12564231 image #0
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.

Property Details

Price:
$4,850,000
MLS #:
MRD12564231
Status:
Active
Beds:
3
Baths:
4
Type:
Single Family
Neighborhood:
chinearwestside
Listed Date:
Feb 10, 2026
Finished Sq Ft:
4,000
Year Built:
1885
Chi – Near West SideChinearwestsideSkinner Elementary School

Schools

School District:
299
Elementary School:
Skinner Elementary School

Interior

Appliances
Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Gas Cooktop
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
1
Flooring
Hardwood
Heating
Natural Gas, Radiant Floor
Interior Features
Vaulted Ceiling(s), Elevator, Storage, Walk-In Closet(s), Open Floorplan
Laundry Features
Washer Hookup, In Unit

Exterior

Accessibility Features
Main Level Entry, Ramp – Main Level
Association Amenities
Elevator(s), Storage
Construction Materials
Brick
Parking Features
Alley Access, Additional Parking, Parking Lot, Yes, Owned
Parking Spots
9
Parking Total
9
Roof
Rubber
Window Features
Skylight(s)

Financial

HOA Fee Frequency
Monthly
HOA Includes
None
Tax Year
2024
Taxes
$69,765

Listing Agent & Office

Jovanka Corazzina
@properties Christie’s International Real Estate

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1219 W Madison Street #PH
Chicago, IL