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Updated 23 hours ago

1061 W. Madison

VERIFIED

Chicago, IL

2 Bed
1 Bath

2,000 Sq. Ft.

Available starting Oct. 15th
2 Beds • 1 Bath
$4,000
2000 ft2
1 Available
-
$4,000
Available Oct 15th, 2026
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Where you'll live
Street View
Map View
Satellite View
Amenities
In-unit Laundry
Hardwood Floors
Water Included
Dishwasher
Central A / C
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

Stunning 2BR Loft with 20-Foot Ceilings in West Loop
Experience true loft-style living in this unbelievable 2-bedroom, 1-bathroom West Loop loft featuring an expansive open-concept layout and dramatic 20-foot ceilings. Brand-new windows throughout fill the space with incredible natural light, while hardwood floors and a wood-burning fireplace add warmth and character.
The beautifully updated kitchen features granite countertops, all-new Sub-Zero appliances, and a dishwasher, creating a stylish and functional space for cooking and entertaining. Additional highlights include central air and in-unit laundry for everyday convenience.
Step outside to the shared rooftop deck, where you can enjoy breathtaking panoramic views of the Chicago skyline. Parking is easy, and pets are welcome!
Located in the heart of the West Loop, this loft-style unit is within walking distance of some of Chicago's best restaurants, nightlife, shopping, entertainment, and public transportation.
Property Features:
2 bedrooms / 1 bathroom
Dramatic 20-foot ceilings
Spacious open-concept living area
Brand-new windows throughout
Hardwood floors
Central air
In-unit washer & dryer
Updated granite kitchen
All-new Sub-Zero appliances
Dishwasher
Wood-burning fireplace
Shared rooftop deck
Breathtaking skyline views
Easy parking
Pets welcome
An exceptionally spacious 2 bedroom in one of Chicago's most sought-after neighborhoods—don't miss it!

Additional Details
Contact Name: Alex Skinger
Total Unit Count: 1
Last Updated: Updated 23 hours ago
Contact Number: (773) 744-7011
Property manager information
Fulton Grace Realty
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Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Lynx Communications 200.0 50.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Neighborhood
West Loop
Industrial Warehouses Turned Swanky Luxury in Chicago’s West Loop

The physical boundaries for West Loop are defined as south of Grand Avenue, north of I-290, east of Ashland and west of the Chicago River. There are many micro-neighborhoods that exist within this boundary like Greektown, which has many traditional Greek restaurants and the National Hellenic Museum. The Fulton Street Market is a landmarked district comprising world class restaurants and many manufacturing businesses. The Jackson Boulevard Historic District Is made up of preserved homes dating from the 1880s and 1890s.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 1061 W. Madison by bedroom type below.
2 Bedroom
Suggested income:
$144,000
per year
Rent report

1061 W. Madison Rent vs. Chicago Average

 1061 W. Madison      Chicago Average
2BR
$4,000
$2,562
$0
$1,300
$2,600
$3,900
$5,200

1061 W. Madison is asking 56% more than the average 2 bedroom apartment in Chicago.

If you upsized to an average priced Chicago 3 bedroom apartment, you would pay 17% more per month.

If you downsized to an average priced Chicago 1 bedroom apartment, you would pay 23% less per month.

1061 W. Madison provides 104% more square footage than the average Chicago 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
1061 W. Madison
2BR $4,000 $2.00 $12,000
Chicago Average
Studio $1,675 $3.60 $5,026
1BR $2,088 $3.00 $6,263
2BR $2,562 $2.60 $7,687
3BR $3,091 $2.40 $9,273
4BR $2,506 $1.90 $7,519

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 4,358 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
21% 35% 30% 10% 3%
Available Units in Chicago
Studio 2,613
1BR 4,358
2BR 3,719
3BR 1,175
4BR 431
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on October 15, 2026.
What's the square footage of the available units?
It's 2,000 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
1061 W. Madison has a 2 bedroom unit starting at $4,000.
Where is this property located?
This property is at 1061 W. Madison in Chicago, IL. It's 4.6 miles south from the center of Chicago.
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