2 E Madison St, Chicago, IL 60602
OFF MARKET

2 E Madison St
Chicago, IL 60602

The Loop
  • Studio
Studio
(on 0.29 acres)

Local Information

  • Map ViewExplore the area around 2 E Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1904
Lot Size
0.29 acres

About this House

This single-family home is located at 2 E Madison St, Chicago, IL. 2 E Madison St is in the The Loop neighborhood in Chicago, IL and in ZIP code 60602. This property has a lot size of 0.29 acres and was built in 1904.
2 E Madison St, Chicago, IL 60602 is a studio single-family home in The Loop, built in 1904. It is currently off market. The Trulia Estimate rent is $3,568/month.

Home Details for 2 E Madison St

Property Information

Year Built
Year Built: 1904
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.29 acres

Market trends in The Loop

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$321K
$51.5KMoM
Sale-to-List Price
98.1%
0.2%MoM
Price per sq ft
—
Available listings
98
4MoM
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Property Tax and Assessment

Year2017
Tax$1,454,392
Assessment$25,922,164
Home facts updated by county records

Comparable Sales for 2 E Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
120 W Madison St, Chicago, IL
0.15
Single-Family Home
$72,000
12/02/25
-
-
601 S La Salle St, Chicago, IL
0.57
Single-Family Home
$3,275,000
04/01/26
-
-
225 W Illinois St, Chicago, IL
0.66
Single-Family Home
$4,625,000
01/06/26
-
-
549 W Randolph St, Chicago, IL
0.67
Single-Family Home
$13,310,000
12/23/25
-
-
230 E Ohio St, Chicago, IL
0.81
Single-Family Home
$9,750,000
10/02/25
-
-
440 W Ontario St, Chicago, IL
0.96
Single-Family Home
$3,610,000
12/03/25
-
-
55 E Erie St #P-418, Chicago, IL
0.80
Single-Family Home
$30,000
01/08/26
-
-
525 W Van Buren St, Chicago, IL
0.72
Single-Family Home
$35,000,000
11/19/25
-
-
212 W Ohio St, Chicago, IL
0.80
Single-Family Home
$3,000,000
05/07/26
-
-
601 W Randolph St, Chicago, IL
0.74
Single-Family Home
$6,250,000
07/08/26
-
-
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 2 E Madison St.

Neighborhood Overview

The Loop
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about The Loop

At least 183 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 85 % Say streets are well-lit

  • 81 % Say it's walkable to restaurants

  • 80 % Say it's dog friendly

  • 76 % Say it's walkable to grocery stores

  • 63 % Say people would walk alone at night

  • 62 % Say there's holiday spirit

  • 46 % Say parking is easy

  • 45 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 39 % Say it's quiet

  • 33 % Say yards are well-kept

  • 33 % Say there's wildlife

  • 32 % Say there are community events

  • 32 % Say car is needed

  • 27 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Proximity to grass could be better. "
    0
    Flag
  • Trulia User
    "The Loop is great and becoming a really wonderful residential area. There is a huge and amazing playground for kids at Maggie Daley park"
    0
    Flag
  • Bria Grant
    "I walk everywhere or take the train when I need to go further. There are severs train stations and train lines in the area. It is very accessible to other place in the city and to the surrounding suburbs. There are also bud routes that are feet away and easily accessible to residents in the area. "
    0
    Flag
  • Trulia User
    "the area is very quiet I like my neighborhood they are respectful and nice. everyone tries to help out with each with things "
    2
    Flag
  • Trulia User
    "I drive to o and from work, using the south loop route via lake shore drive is good for in the morning "
    1
    Flag
  • Trulia User
    "I commute to the airport and the CTA needs to clean up but I love being able to access pretty much any area of the city from here. Access to all the train lines and Metra is easy from here"
    0
    Flag
  • Trulia User
    "If your a family man or women and want kids or have kids this is not the area where you will want your kids to grow up. More like single or married couples who just want a 🐕 and like going to bars and restaurants then yes this area is great for you. "
    0
    Flag
  • Trulia User
    "Commute to the Loop is very quick but the public neighborhood transit stops are overrun with homeless people everywhere it’s awful and extremely unsafe. "
    0
    Flag
  • Trulia User
    "Sunday on State street, many local art shows and events. I’m still exploring so I don’t have a lengthy description "
    0
    Flag
  • Trulia User
    "I’ve only been here for a few weeks but people are friendly for the most part. Everyone seems to be a dog lover which is good for me since I have one. "
    0
    Flag
  • Trulia User
    "Dog friendly neighborhood but sidewalk space only no grass. Most people pick up after there dogs. "
    0
    Flag
  • Alison H.
    "Close to all the shopping and public transportation. Very busy during the day due to business and shopping. "
    5
    Flag
  • Amiel C.
    "This is a convenient location for ppl living downtown or going to school in the area. I wouldn’t recommend it as a place to put down roots. "
    0
    Flag
  • Newagent123
    "It’s centrally located and hence excellent for young professionals who want easy access to the parks and any part of the city accessible by L. I wouldn’t recommend this neighborhood for families. "
    6
    Flag
  • Newagent123
    "I’d say the East Loop is a more family-friendly pocket of buildings... most of the loop isn’t ideal for families."
    0
    Flag
  • Amiel C.
    "A lot of sidewalks and not a lot of grassy spots for dogs to run around. You would literally have to ‘curb’ your dog. "
    0
    Flag
  • Katie0x5
    "In the loop Everything you need is in walking distance! There is always something to do and something to see. "
    2
    Flag
  • Ghomstad4
    "The loop is built for businesses and people working typical 9-5 jobs. It is not a neighborhood to live in/ busy on the weekends. Pretty empty outside of normal working hours."
    1
    Flag
  • Tbschicago
    "There is an incredible amount of things to do here! People are amazing and it’s one of the top urban areas in the world"
    5
    Flag
  • Tbschicago
    "There is an incredible amount of things to do in the loop, entertainment, restaurants, museums and shopping! "
    2
    Flag
  • RandyW
    "Lived in the loop for ten years and very sadly just had to move. New food halls, The Riverwalk, Millennium Park, every type of restaurant/bar you can imagine....it has changed dramatically over the years, in a great way. Will be fun to watch it continue to grow as a destination for locals and non-locals alike."
    3
    Flag
  • Lexis H.
    "There are many dog parks and potty areas. There are also many walkers around too. The best park is in millennium park"
    0
    Flag
  • Sowamk
    "It's not a neighborhood to relax. It's very loud especially at night, even though my building has a good insulation. I wish my neighbors were not just college kids. Trains nearby are extremely loud. If you're staying at home daytime - it's just loud and crowded from all the people coming down here. But you're close to the theaters, if that's the trade off you want to make."
    3
    Flag

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Homes for sale near 2 E Madison St

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Off Market Homes Near 2 E Madison St

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Frequently asked questions about 2 E Madison St

  • Is Chicago a buyer's or seller's market?
    Chicago is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Chicago?
    The median sale price in Chicago is $321K. That is down $51.5K from the prior month.
  • What do residents say about the The Loop neighborhood?
    Residents describe the The Loop neighborhood in Chicago, IL as pedestrian-friendly, walkable to restaurants, and dog-friendly. See recently sold homes in The Loop, Chicago.
  • What are the closest schools to 2 E Madison St?
    The closest schools to 2 E Madison St in Chicago, IL are Phillips Academy High School (rated 1/10), South Loop Elementary School (Pre-K/Middle, rated 8/10).
  • How big is the lot at 2 E Madison St?
    The lot at 2 E Madison St in Chicago, IL is about 0.29 acres (12,800 sq ft).