$625,000

1 Beds 2 Baths 1,293 Sqft

123 W Washington Avenue #706, Madison, WI 53703

Property Type: Condo
Time on Market: 5 days
Price per Sqft: $483
Garage: Y
Total Taxes: $9,472
Est. Age: 21+ Years
Virtual Tour: View Tour

Description

Welcome to your downtown oasis! The Loraine building has all of the charm this historic locale suggests with all the modern amenities you need. This 7th floor unit provides a great view of Lake Mendota. With a spacious kitchen and inviting living room, there is plenty of space for easy entertaining. The primary bedroom features large walk-in closets and custom marble bath. An extra large soaking tub and stand-up shower fit everyone's needs. The second full bath and den/flex room provide space for guest stays and room for work or hobbies. If an outdoor space for entertaining or relaxing is what you're looking for, the Lorraine features a welcoming private terrace. Heated underground parking and large additional storage unit provide those important extras you won't find everywhere in downtown Madison.

Property Details

Interior

Appliances:
  • Range/Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer
Basement:
  • None / Slab
Baths:
  • Full Baths: 2
  • Bath Descriptions: At least 1 Tub,Master Bedroom Bath: Full,Master Bedroom Bath
Heating/Cooling:
  • Forced Air, Central Air
Heat Fuel:
  • Natural Gas
Interior Features:
  • Wood or Sim.Wood Floors, Walk-in closet(s), Storage Locker Included, High Speed Internet
Sqft:
  • Total Sqft: 1,293
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 1251-1500

Rooms

Room Basement Level Lower Level Main Level Upper Level
Master Bedroom 14x12
Den/Office 13x10
Kitchen 14x10
Living Room 20x17

Exterior

Exterior:
  • Brick
Garage:
  • Details: Underground, Underground Garage, Underground Space
Parking:
  • Details: Underground, 1-5 spaces, 1 Space, Assigned
Water:
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

Condominium:
  • Name: The Loraine
  • Monthly Fee: 684.0
  • Units in Association: 87
New Construction:
  • N
Pets Permitted:
  • Y
Postal:
  • Code: 53703
Street:
  • Direction Prefix: W
  • Name: Washington Avenue
  • Suffix: AVENUE
  • Unit Number: 706
Tax Year:
  • 2025
Utilities:
  • Details: High Speed Internet Available
Zoning:
  • DC, HIS-L

Map

Listing Agent-Provided Directions:
  • Beltline to N on Park St. to East on West Washington Ave.

Monthly Payment Calculator

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Schools and Neighborhood

Middle School:
  • Hamilton
High School:
  • West
School District:
  • Madison
Postal City:
  • Madison
Municipality:
  • Name: MADISON
  • Type: City
County:
  • DANE

Market Comparison

How this property compares to local market averages — calculated 9/20/2026

This Property
Madison Condo Avg
Dane County Condo Avg
List Price
$625,000
$413,445
$407,516
Median Price
—
$309,450
$334,900
Price / Sq Ft
$483
$273
$253
Days on Market
5 days
65 days
78 days
Total Listings
—
214
453

Listing Information

  • Time on Market: 5 days
  • Place Perfect Last Updated: 2026-09-15 10:00:00
  • MLS Number: 2032661
  • Subsystem Locale: WIREX_SCW
  • Listing Office: Restaino & Associates
  • Listing Agent: Krissy Newman

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