1219 W Madison Street #PH
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.
- Talay Sushi & Thai 150 ft
- The Great American Bagel 450 ft
- Bocaditos Chicago 600 ft
- Third Rail Tavern 700 ft
- Ranalli's 700 ft
- Ryota 700 ft
- West Loop Market 100 ft
- 7-Eleven 950 ft
- Plumbers 911 Chicago 0.2 mi
- Circle K 0.3 mi
- West Loop Market 0.4 mi
- West Loop Mart 0.4 mi
- Skinner Park Playground 850 ft
- Skinner Park 0.2 mi
- Mary Bartelme Park 0.4 mi
- Mary Bartelme Park Playground 0.4 mi
- Elysian Field 0.7 mi
- Arrigo Park 0.7 mi
- Groundswell Coffee Roasters 300 ft
- Vietfive Coffee 850 ft
- Drip Collective 0.3 mi
- Stan's Donuts & Coffee 0.3 mi
- Starbucks 0.3 mi
- Starbucks 0.3 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12564231