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CondominiumResidential

949 W Madison St

CHICAGO, IL 60607
0.86 ac
Lot SizeThe size of the land the home sits on, from county records.
1999
Year BuiltThe year the home was originally built, according to county records.
Built 19986 floors54 units1,000–1,300 ft²
$24M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$463K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$438
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+9.0%vs the Chicago ZIP median sale $/ft² ($402)

Sales Performance

$318K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-42.2%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
2
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
3.7%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+1.6%per yeartypical hold 5.1 yrsfrom 48 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20022005200920122016201920232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20022005200920122016201920232026

90 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Studio
38 units
1 bed
6 units
2 bed
10 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 0 ba · 1,200 ft²
2 units
One-off layouts
52 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$290K–$324K
16 units
$348K–$398K
5 units
$437K–$442K
2 units
$459K–$514K
18 units
$525K–$561K
4 units
$571K–$582K
3 units
$630K–$630K
1 unit
$704K–$739K
4 units

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 2
$438/ft²
Floor 3
$437/ft²
Floor 4
$439/ft²
Floor 5
$439/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.63%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.17%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.12.4 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.35%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.26%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$470,010
Median tax billThe middle annual property tax bill among the building's units.$7,564
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.3

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 406May 27, 2026$318,000Unit PB21May 27, 2026$318,000Unit 601Sep 12, 2025$550,000Unit 207May 6, 2025$1,299,000Unit 401Nov 22, 2024$480,000Unit 502Jun 3, 2024$480,000Unit PB12Jan 29, 2024$530,000Unit 409Jan 29, 2024$530,000Unit 503Apr 5, 2023$669,000Unit 208Feb 28, 2023$281,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
70
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
70
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
40
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyCOOK
Lot (acres)The size of the land the home sits on, from county records.0.86
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
W. Brown Elementary SchoolD-
Middle · Grades KG–8 · 1.0 mi
H
Wells Community Academy High SchoolD
High · Grades 9–12 · 1.5 mi
E
Skinner Elementary SchoolA+
Elementary · Grades PK–5 · 1.8 mi

District: Chicago Public School District 299

Neighborhood · ZIP 60607These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.136
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.110
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.46

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.43%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.9%
PopulationHow many people live in this area.31,589
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.14,213 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$122,924
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$150,715
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

949 W Madison St # Pb12
$290K
949 W Madison St # Pb20
$290K
949 W Madison St # Pb21
$290K
949 W Madison St # Pb26
$290K
949 W Madison St # Pb33
$290K
949 W Madison St # Br101
949 W Madison St # 102
$363K
949 W Madison St # 202
$582K
949 W Madison St # A202
$486K
949 W Madison St # 203
2 bd
$463K
949 W Madison St Apt 204
1 bd
$305K
949 W Madison St Apt 205
$469K
949 W Madison St Apt 206
$306K
949 W Madison St Apt 207
$514K
949 W Madison St Apt 208
$398K
949 W Madison St Apt 209
2 bd · 1,200 ft²
$526K
949 W Madison St Apt 210
$489K
949 W Madison St Apt 301
$486K
949 W Madison St Apt 302
2 bd
$499K
949 W Madison St # 303
1 bd · 1,000 ft²
$437K
949 W Madison St Apt 304
1 bd
$374K
949 W Madison St Apt 305
$463K
949 W Madison St Apt 306
$306K
949 W Madison St Apt 307
2 bd
$510K
949 W Madison St # 308
$303K
949 W Madison St # 309
2 bd
$459K
949 W Madison St # 310
$489K
949 W Madison St Apt 401
$541K
949 W Madison St Ste 402
$489K
949 W Madison St # 403
1 bd · 2 ba · 1,050 ft²
$462K
949 W Madison St Apt 404
$306K
949 W Madison St Apt 405
$442K
949 W Madison St # 406
$293K
949 W Madison St # 407
2 bd · 1,200 ft²
$525K
949 W Madison St Apt 408
1 bd
$311K
949 W Madison St # 409
$487K
949 W Madison St Apt 410
2 bd
$499K
949 W Madison St # 501
$574K
949 W Madison St Apt 502
2 bd · 1,300 ft²
$571K
949 W Madison St Apt 503
$707K
949 W Madison St # 504
$348K
949 W Madison St Apt 505
$714K
949 W Madison St Apt 506
1 bd
$324K
949 W Madison St Apt 507
$739K
949 W Madison St Apt 508
$306K
949 W Madison St Apt 509
$486K
949 W Madison St Apt 510
$489K
949 W Madison St Apt 601
$630K
949 W Madison St Apt 602
$561K
949 W Madison St Apt 603
$306K
949 W Madison St # 606
$356K
949 W Madison St Apt 608
$306K
949 W Madison St Apt 609
2 bd
$704K
949 W Madison St Apt 610
2 bd
$503K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 949 W Madison St

How many units are in 949 W Madison St, Chicago, IL?

949 W Madison St, Chicago, IL has 54 residential units across 6 floors, built in 1998, according to county assessor records.

What is a unit at 949 W Madison St, Chicago, IL worth?

The median TopHap Estimate across the 54 units at 949 W Madison St, Chicago, IL is $463,433. That works out to $438 per square foot. Units run from 1,000 to 1,300 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 949 W Madison St, Chicago, IL expensive for Chicago?

Units at 949 W Madison St, Chicago, IL carry a median of $438 per square foot, 9% above the Chicago median of $402 per square foot.

How often do units sell at 949 W Madison St, Chicago, IL?

2 units at 949 W Madison St, Chicago, IL sold in the last 12 months, out of 90 recorded arms-length sales all time. That is a turnover rate of 3.7% of the building per year. The median sale over that period was $318K.

Have units at 949 W Madison St, Chicago, IL appreciated?

Across 48 repeat sales of the same unit, 949 W Madison St, Chicago, IL returned a median 1.6% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 5.1 years.

What floor plans does 949 W Madison St, Chicago, IL have?

The most common plan at 949 W Madison St, Chicago, IL is a 2-bedroom of 1,200 square feet, repeated 2 times, with a median estimate of $525,456. TopHap identifies 1 recurring plans in the building.

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