Urban condo living and dining area with a fireplace, sectional sofa, and large windows overlooking neighboring buildings.

Immaculate, Move-in Ready Urban Condo

5th Floor 1 Bedroom / 2 Bath Plus Den Condominium in The Historic Loraine, Located Just Steps Off The Capitol Square

Urban condo kitchen and living room with wood cabinetry, fireplace, and city views.

123 W. Washington Ave #506, Madison, WI

$374,900 | 1 Bedroom | 2 Bathrooms | 1293 sq. ft | MLS# 1810205

Sold

Why We Love It

1) Immaculate condition and move-in ready!

This move-in ready Proudfit model includes maple woodwork throughout, new bamboo floors, upgraded quartz countertops, and brand new stainless steel appliances with a gas range.

Condo kitchen with light wood cabinets and white counters, opening to a living area with city views.
Condo kitchen with light wood cabinets, white counters, and stainless steel appliances.
Condo kitchen with light wood cabinets, a white island, and a double sink opening to the living area.
Kitchen with light wood cabinetry, stainless steel appliances, and white countertops.

The large master suite with new carpet features 2 closets plus a walk-in as well as dual vanities and a 6 ft soaking tub with separate tiled shower.

The den space is large enough to serve as a guest/flex room space and has a full bath right across the hall. One Premium parking space and storage space are also included.

2) Fabulous location

Located just off the Capitol Square puts you in the heart of downtown Madison.

3) Historic building

The Loraine was conceived as a 250-room hotel in 1922 by Milwaukee hotelier Walter Schroeder. Architect Herbert Tullgren designed the Tudor Revival structure, and construction was completed in June 1924.

Hotel Loraine was the largest and arguably the most prestigious hotel in Madison. At an initial cost of $1.1 million, Hotel Loraine was the most expensive commercial building in the city.

Its prominent location, on the site of Henry Proudfit’s home, provided a seamless link between the affairs of Wisconsin’s government at the Capitol and the academia at the University of Wisconsin.

Floor Plan*

Urban condo floor plan labeled with a library, foyer, kitchen, great room, and master bedroom.

*Please note the floor plan above is a mirror image of the actual property

What You Need to Know

Avg. Energy Use

Gas

Therms

Cost

# of days

Heating

High

7 therms

$28

33

Low

0 therms

$20

28

Yes

Monthly Avg.

2 therms

$23

Last 12 mo.

Electric

Kilowatt Hours

Cost

# of days

Heating

High

721 kWh

$108

34

Low

219 kWh

$47

28

No

Monthly Avg.

361 kWh

$67

Last 12 mo.

Condo kitchen with warm wood cabinetry opens onto a furnished living room with large windows.
Condo kitchen with honey-colored cabinets, a white counter, and an open view into the dining and living areas.
Condo kitchen with honey-colored cabinets, white countertops, and stainless steel appliances.
Open-plan condo kitchen with white peninsula, light wood cabinets, and living room beside city-view windows.
Condo kitchen with stainless steel appliances, light wood cabinets, and a double-basin sink.
Condo kitchen with a white island, bar stools, stainless steel appliances, and maple cabinets.
Condo kitchen and dining area with a breakfast bar, wood cabinetry, and stainless steel appliances.
Condo living room with a fireplace, cream sofas, large windows, and a purple accent wall.
Furnished condo living room with beige seating, colorful artwork, and city buildings visible through two windows.
Condo living room with gray sectional, white fireplace, and open kitchen.
Open-plan condo living room with gray sofas, patterned rug, and adjoining kitchen.
Furnished bedroom with a dark wood bed, colorful pillows, tray ceiling, and window overlooking nearby buildings.
Furnished condo bedroom with a large bed, wooden dresser, and a city view through the window.
Furnished condo bedroom with a white bed, colorful pillows, and a wooden dresser beneath a large mirror.
Condo hallway with mirrored closet doors and wood trim, opening to a tiled bathroom.
Condo bathroom with a double-sink vanity, speckled countertop, light wood cabinetry, and purple towels.
Condo bathroom with a double-sink granite vanity, opening to a bedroom with a city view.
Condo kitchen with a long breakfast bar, stools, and light-wood cabinetry beside the entry hall.
Condo living room with a gray sectional, book-filled shelves, and a white desk.
Condo living room with a gray sectional, patterned rug, and open glass-paneled doors.
Condo hallway with wood floors, a living area by the window, and an open bathroom with glass shower.
Condo bathroom with a glass shower, white sink, wooden cabinet, and large round mirror.
Condo courtyard patio with a pergola, outdoor grill, seating, and leafy planters.
Residential lobby with dark wood paneling, mailboxes, elevator doors, patterned carpet, and a flower arrangement.
Brick urban condominium beside a tree-lined street, with the domed Wisconsin State Capitol in the background.

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