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Washington Terrace

Washington Terrace

Washington Terrace
Condominium Building
7443 Washington St
Forest Park, IL 60130-1549
The Costar Building Rating

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51 Units
6 Stories
1975 Year Built
$127K - $189K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Elevator
  • Security Service
  • Public Transportation
  • Laundry Facilities
  • Dogs and Cats Allowed

Established mid-rise living in Forest Park

Washington Terrace, a 6-story condominium building completed in 1975, offers a comfortable living experience in the heart of Forest Park. With 51 units, this mid-rise structure provides a blend of urban convenience and suburban tranquility. Located just west of downtown Chicago, Washington Terrace caters to those seeking a balance between city accessibility and a more relaxed neighborhood atmosphere.

Spacious layouts with recent updates

Washington Terrace offers a range of floor plans to suit various needs. The building features one- and two-bedroom units, ranging from 592 to 985 square feet. One-bedroom units, starting at around $130,000, typically include one bathroom and provide an efficient living space. The two-bedroom units, priced between $155,900 and $185,000, offer 900 to 910 square feet of living area and include one and a half bathrooms, perfect for those needing extra space. Many units have undergone recent renovations, boasting modern touches that enhance their appeal. Some apartments feature new shaker kitchen cabinets, quartz countertops, and stainless steel appliances. Updated flooring, including hardwood and new carpeting, can be found throughout many units. Bathrooms have seen improvements with new vanities and mirrors. The living spaces are brightened by fresh paint and updated light fixtures. A standout feature of Washington Terrace is the inclusion of private balconies in many units, offering residents a personal outdoor space to enjoy. Corner units are particularly desirable, with some featuring oversized 18-foot balconies that provide ample room for relaxation or entertaining. The open-concept design in many apartments creates a sense of spaciousness, with generous room sizes and separate dining areas. Large side pantries in some kitchens offer additional storage and counter space, a valuable feature in urban living. Monthly HOA fees range from $200 to $300, covering essential services such as water, insurance, exterior maintenance, lawn care, scavenger services, and snow removal. This comprehensive fee structure helps to simplify budgeting for residents while ensuring the building and its surroundings are well-maintained year-round.

Essential conveniences for comfortable living

Washington Terrace provides a selection of amenities designed to enhance residents' daily lives. The building is equipped with an elevator, ensuring easy access to all floors for residents and visitors alike. On-site laundry facilities offer convenience for those without in-unit washers and dryers. Parking is a valuable commodity in urban areas, and Washington Terrace addresses this need with assigned parking spaces for residents. The building offers both covered parking and designated off-street parking options, providing peace of mind for car owners. Security is a priority at Washington Terrace, with the building featuring a security system to help ensure residents' safety. The pet-friendly policy is another attractive feature, allowing residents to share their homes with their furry companions. Climate control is well-managed within the building, with both air conditioning and heating systems in place to keep residents comfortable throughout Chicago's varied seasons. The building's common areas and individual units are maintained to create a welcoming environment for all residents.

A vibrant community with rich history and diverse offerings

Washington Terrace is situated in the heart of Forest Park, a neighborhood that blends historical charm with modern conveniences. The area is known for its unique character, partly defined by its five major cemeteries, which include burial sites of notable Chicago figures and the historically registered Haymarket Martyrs' Monument. These green spaces contribute to the neighborhood's serene atmosphere. The community spirit in Forest Park is palpable, with residents coming together for annual events and local gatherings. Madison Street, just a block away from Washington Terrace, serves as the neighborhood's main artery, lined with an eclectic mix of local businesses, restaurants, and shops. For dining options, residents have a variety of choices within walking distance. Louie's Grill, a five-minute walk away, offers a nostalgic American diner experience for breakfast and lunch. Chubby's Hot Chicken, also a short walk from the building, serves up delicious, affordable meals. For those craving a classic burger and beer garden atmosphere, Goldyburgers is just a 10-minute stroll away. Shopping needs are well-catered to in the area. A Trader Joe's is located less than a mile from Washington Terrace, providing residents with a convenient option for groceries. For more extensive shopping trips, a Target store is about a 20-minute walk or a short drive away. Outdoor enthusiasts will appreciate the proximity to several parks. Veterans Park, a 10-minute walk from the building, offers picnic areas, playgrounds, and multi-purpose fields. The Forest Park Dog Park, located about a 20-minute walk away, provides a space for four-legged residents to socialize and exercise. Cultural and educational resources are also readily available. The Forest Park Public Library, just a 10-minute walk from Washington Terrace, serves as a community hub for learning and literacy. For those interested in local history and architecture, the Pleasant Home museum in nearby Mills Park offers a glimpse into the area's past. The neighborhood's annual events, such as the St. Patrick's Day Parade and the unique Casket Races, showcase the community's vibrant spirit and sense of humor. These events, along with local wine walks and other gatherings, provide ample opportunities for residents to engage with their neighbors and experience the best of Forest Park's community life.

Well-connected with multiple transit options

Washington Terrace benefits from its location in a highly walkable area, making many daily errands and activities easily accessible on foot. For those needing to venture further, the neighborhood offers a variety of public transportation options. The CTA Blue Line's Forest Park Station is approximately a 15-minute walk from the building, providing direct access to downtown Chicago and O'Hare International Airport. Similarly, the Harlem/Lake Station on the CTA Green Line is also within a 15-minute walk, offering another route into the city. For commuters preferring rail travel, the Metra's Oak Park Station on the Union Pacific West Line is about a 15-minute walk or a quick 5-minute drive from Washington Terrace. This line provides service to Chicago's West Loop and suburbs further west. Bus transportation is readily available, with stops for the West North Avenue line located just a 5-minute walk away at Des Plaines Ave & Madison St. Another bus stop at Harlem Ave & Madison St, about a 10-minute walk, serves both the Harlem and West North Avenue lines. For those traveling by car, Washington Terrace's location provides easy access to major thoroughfares. Interstate 290 is nearby, facilitating quick connections to downtown Chicago and the wider metropolitan area. The building's provision of assigned parking spaces, including covered options, is particularly valuable for car owners in this urban setting. Air travelers will appreciate the proximity to both of Chicago's major airports. Chicago Midway International Airport is about a 15-minute drive away, while Chicago O'Hare International Airport can be reached in approximately 25 minutes by car. The neighborhood's layout and infrastructure also accommodate cyclists, with dedicated bike lanes on some streets facilitating safer travel for those who prefer two-wheeled transportation. This variety of transportation options ensures that residents of Washington Terrace can easily navigate both their immediate neighborhood and the greater Chicago area, whether for work, leisure, or daily errands.

Building Details

Amenities

  • Public Transportation
  • Laundry Facilities
  • Security Service
  • Resident Manager or Management On Site

Parking

  • 1 Parking Space
  • Uncovered Parking
  • On-Site Parking

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Condo Association

  • $252 Monthly HOA Fees
  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • Gina Association, Phone Number (708) 414-7978
  • Property managed by Westward 360

Building Design

  • Elevator

Activity

Views

6

Unit Information

Unit
501
601
Date
09/04/2024
08/12/2024
Beds
2 Beds
2 Beds
Baths
1.5 Baths
1.5 Baths
Sq Ft
900
900
Price
$160,000
$185,000
Price / Sq Ft
$178 / Sq Ft
$206 / Sq Ft

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
None Available
Est. Values
$126,731 - $141,154
2 Bedroom Units
Sq Ft Range
900
Est. Values
$138,412 - $189,493

Map

Area Factors

Moderate Crime

Crime Score®

5 / 10

Bikeable

Bike Score®

55 / 100

Walker's Paradise

Walk Score®

95 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

73 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$9.6K - $14.5K
Range of Taxes in Building
$325 - $4,355
Range of Taxes per Sq Ft
$0.29 - $5.06

Property Tax History

Source: Public Records

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