508 Madison St Unit 2S Oak Park, IL 60302
Estimated payment $1,311/month
Total Views
6,240
1
Bed
1
Bath
824
Sq Ft
$194
Price per Sq Ft
Highlights
- Wood Flooring
- Living Room
- Dining Room
- Longfellow Elementary School Rated A-
- Laundry Room
- Family Room
About This Home
Welcome to 508 Madison Street, Oak Park - where charm meets convenience. This vintage condo is filled with character and natural light, thanks to the abundance of large windows throughout. The unit blends timeless architectural details with the warmth of original finishes, creating a space that feels both cozy and classic. Nestled in a prime Oak Park location, you'll enjoy easy access to public transportation, shops, restaurants, and parks-everything you need is right at your doorstep. Whether you're a first-time buyer or looking to downsize without compromise, this beautifully situated condo is a true gem in the heart of Oak Park.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,082
Year Built
- Built in 1913
HOA Fees
- $267 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 824 Sq Ft Home
- 3-Story Property
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Schools
- Oak Park & River Forest High Sch
Utilities
- Radiator
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 27 Units
- Mike Vitek Association, Phone Number (708) 851-2195
- Property managed by Master Care
Amenities
- Coin Laundry
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,082 | $9,703 | $654 | $9,049 |
| 2023 | $1,771 | $9,703 | $654 | $9,049 |
| 2022 | $1,771 | $8,034 | $526 | $7,508 |
| 2021 | $1,760 | $8,033 | $525 | $7,508 |
| 2020 | $1,800 | $8,033 | $525 | $7,508 |
| 2019 | $1,617 | $7,645 | $479 | $7,166 |
| 2018 | $1,555 | $7,645 | $479 | $7,166 |
| 2017 | $1,542 | $7,645 | $479 | $7,166 |
| 2016 | $2,017 | $7,509 | $397 | $7,112 |
| 2015 | $1,762 | $7,509 | $397 | $7,112 |
| 2014 | $1,656 | $7,509 | $397 | $7,112 |
| 2013 | $2,144 | $10,759 | $397 | $10,362 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | For Sale | $160,000 | -- | $194 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $56,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | Credit Line Revolving | |
| Open | $48,500 | Unknown | |
| Previous Owner | $48,500 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12434292
APN: 16-07-421-019-1011
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