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CondominiumResidential
$875,000$461 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

1016 W MADISON ST APT 4S

CHICAGO, IL 60607
Building report
0
Baths
1,900 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1927
Year BuiltThe year the home was originally built, according to county records.

Valuation

$875K
$776K low$974K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$13,042 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$80,170 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,111
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$77,059
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$64,918
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$801,700

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.0.12
HeatingThe type of heating system in the home.None

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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 SchoolB-
Middle · Grades KG–8 · 0.9 mi
H
Wells Community Academy High SchoolF
High · Grades 9–12 · 1.4 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%

Owner Tools

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

How this home compares

1016 W Madison St Apt 4s measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 93% of homes in Cook County
  • Costs more per square foot than 94% of homes in Cook County
  • Bigger than 68% of homes in Cook County
  • Has a smaller lot than 77% of homes in Chicago 60607
  • Older than 75% of homes in Cook County

What homes are worth in Chicago 60607

Each bar is how many homes fall in that price range. The marker is this home.

This home
$190K$1.6M

This home is worth more than 87% of homes in Chicago 60607.

How it measures up in Chicago 60607

The dot is this home. The mark in the middle is the typical home in Chicago 60607.

Estimated value$875,000
CheaperTypical $434,399Pricier

Pricier than 87% of homes nearby

Price per ft²$461
CheaperTypical $390Pricier

Pricier than 73% of homes nearby

Living area1,900 ft²
SmallerTypical 1,700 ft²Bigger

Bigger than 59% of homes nearby

Lot size0.12 ac
SmallerTypical 0.51 acBigger

Bigger than 23% of homes nearby

Year built1927
OlderTypical 1999Newer

Newer than 28% of homes nearby

How 1016 W Madison St Apt 4s ranks against every home in each area.
MeasureThis homeChicago 60607Cook County
Estimated valuepricier than$875,00087% of homes93% of homes
Price per ft²pricier than$46173% of homes94% of homes
Living areabigger than1,900 ft²59% of homes68% of homes
Lot sizebigger than0.12 ac23% of homes39% of homes
Year builtnewer than192728% of homes25% of homes

About 1016 W Madison St Apt 4s

How much is 1016 W Madison St Apt 4s, Chicago, IL worth?

The TopHap Estimate for 1016 W Madison St Apt 4s, Chicago, IL is $875,000 as of Sep 24, 2026. The likely range is $776,480 to $973,520. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 1016 W Madison St Apt 4s, Chicago, IL?

1016 W Madison St Apt 4s, Chicago, IL has 1,900 square feet of living space and a 0.12-acre lot.

When was 1016 W Madison St Apt 4s, Chicago, IL built?

1016 W Madison St Apt 4s, Chicago, IL was built in 1927, making it 99 years old. It is a condo/apartment home.

What schools serve 1016 W Madison St Apt 4s, Chicago, IL?

1016 W Madison St Apt 4s, Chicago, IL is assigned to W. Brown Elementary School (middle), rated B-; Wells Community Academy High School (high), rated F; Skinner Elementary School (elementary), rated A-. All sit in Chicago Public School District 299. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1016 W Madison St Apt 4s, Chicago, IL compare to other homes in Chicago 60607?

Among the 10,945 homes in Chicago 60607, it is worth more than 87% of them ($875,000 against a typical $434,399), its price per square foot is higher than 73% of them ($461 against a typical $390), it is bigger than 59% of them (1,900 ft² against a typical 1,700 ft²), its lot is bigger than 23% of them (0.12 ac against a typical 0.51 ac) and it is newer than 28% of them (1927 against a typical 1999). Measured against all of Cook County, it is worth more than 93% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1016 W Madison St Apt 4s, Chicago, IL?

The 2023 property tax bill for 1016 W Madison St Apt 4s, Chicago, IL was $13,042. The county assessed it at $80,170.

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