Movoto Real Estate
Sold on 05/01/2023
Andy Stebnitz of Restaino & Associates
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1 E Gilman St, Madison, WI 53703

  • $5,100,000

    Last sold 05/01/2023 after 84 Days

  • bed

  • bath

Multi-family not for sale
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About 1 E Gilman St

Property type Multi-family
Neighborhood
Year built 1935
HOA fee $0/month
Lot size 6,098 Sqft
Rental estimate
Property description
Historic 26 unit Quisling Towers Apartments in high demand Mansion Hill Historic District w/stunning views of the Capitol & Lake Mendota. This one-of-a-kind find was built in 1937 & is a designated Madison Landmark. Designed by renowned Danish born Architect Lawrence Monberg & is a striking example of the Art Moderne Style featuring such aerodynamic properties as smooth surfaces & curved corners. The exterior is of Buff-Gray Brick, Bedford Limestone & Terra Cotta then complimented by a distinctive interior w/a few units featuring a 2-story plan w/curved stairs & fireplace. Penthouses w/balcony & private rooftop terrace. The new owner will enjoy an iconic work of art to be proud of! 100% occupied with most units rented through '24. Status: PROPERTY IS IN PENDING ~ SIGHT UNSEEN OFFER!
Listed by
Listing Agent - Andy Stebnitz
Listing Agent Contact: Pref: 608-692-8866
Listing Office - Restaino & Associates
Source: SCWMLS mls logo
MLS#1949942 • last updated 2 years ago
Movoto checked SCWMLS for data 7 minutes ago
Overview
Status Sold
Type Multi Family
SubType Apartment Building, 4+ Story
Virtual Tour N/A
Lot Size (Acres) 0.14
Property Tax 39507
Listing Agent Contact Astebnitz@yahoo.com, 608-692-8866
Listing Office Contact 608-833-7777, Listings@restainohomes.com
Listing Office Restaino & Associates
Listing Agent Andy, Stebnitz
Interior
Basement Partial, Poured Concrete Foundatn
Exterior
Exterior Brick, Stone
# Parking Per Unit None
Amenities / Utilities
Water/ Waste Municipal Sewer, Municipal Water
Miscellaneous Close To Bus Line, Water Softener Owned, Elevator, Internet - Cable
Location
Waterfront Waterview-No Frontage
Subdivision Mansion Hill Historic District
Area MADISON - C W01
County Dane
School District Madison
High School East
Elementary School Lapham/Marquette
Middle School OKeeffe
APN 0709-144-0708-0
Zoning DR1
Multifamily Details
Unit 2: Parking Street
Unit 2: Lease Expiration Date 00/00/0000
Rental est.: $992/month
Gross rent multiplier: 428.6
  • Year Property taxes Tax assessment
  • 2024
    $90,522 +117.5%
    $5,100,000 +101.98%
  • 2022
    $41,627 +6.0%
    $2,525,000 +19.95%
  • 2021
    $39,256 +0.6%
    $2,105,000 +20.98%
  • 2020
    $39,014 +4.6%
    $1,740,000 +5.01%
  • 2019
    $37,297
    $1,657,000
  • 1 E Gilman St
    $5.1M
  • Downtown Madison
    $545K +21% y/y
  • 53703
    $489K +8% y/y
  • Madison
    $439K +4% y/y
No chart available
Statistics calculated by Movoto

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N/A
6/10
6/10
Source: GreatSchools.org © 2026. All rights reserved.

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