Seller's Agent in 2025
Erica Cuneen
Beyond Properties Realty Group
(708) 220-2025
25 in this area
327 Total Sales
Madison Street Commons 7243 Madison St Unit 216 Forest Park, IL 60130
2
Beds
2.5
Baths
1,792
Sq Ft
$643/mo
HOA Fee
Highlights
- Fitness Center
- Wood Flooring
- Sundeck
- Rooftop Deck
- Party Room
- Formal Dining Room
About This Home
As of February 2025Unit #216 is the most luxurious and sought after unit in the building! This largest end unit boasts almost 1800 sf of living space. Newer large windows throughout (2022) fill each room with sunlight while overlooking the quiet and serene common-area garden. Three sets of sliding glass doors lead to two private patio spaces connecting directly to the garden terrace, making it a paradise in every season. As if that isn't enough, the interior space has a wonderful flow and so many upgrades! As you enter, you will notice the maple hardwood flooring and lovely decorative crown molding throughout (2022). The great room is large enough for living and dining and features wainscoting and a chair rail. Versatile lighting has been added to each space providing recessed lighting and ceiling fans where you need them most. The inviting gourmet kitchen offers 42" cabinets, granite island and countertops, new faucet (2024), and stainless-steel appliances, including newer refrigerator (2023), microwave (2023), and garbage disposal (2023). The kitchen opens into the large dining room which is a wonderful flex space that can be used as a den or guest room. The new patio doors (2024) in this space open to the terrace. You'll enjoy 2 suites, each featuring a generous bedroom, a large walk-in closet, and full bath. The primary suite is spacious allowing for an extra sitting area or office with sliding glass doors to a second patio. The secondary suite also has doors to a terrace. There is a powder room in the hallway and a laundry room which houses full-sized, side-by-side washer and dryer and a storage closet. Speaking of storage, there are A LOT of storage spaces: linen closets, a coat closet, hidden storage spaces in the unit itself, with large extra storage outside the unit next to the parking spaces. New HVAC/Central AC with humidifier (2023). The exercise room and community room are conveniently located on this floor. Unit includes two heated garage parking spots #66 and #67. All of this in a newer elevator building in the heart of downtown Forest Park near boutiques, restaurants, transportation, and more! This is a gem. Don't miss it!
Last Agent to Sell the Property
Beyond Properties Realty Group License #471004571 Listed on: 11/11/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,182
Year Built
- Built in 2005
HOA Fees
- $643 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,792 Sq Ft Home
- 4-Story Property
- Ceiling Fan
- Family Room
- Living Room
- Formal Dining Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Accessible Home Design
- Halls are 36 inches wide or more
- Accessibility Features
- Doors are 32 inches wide or more
- No Interior Steps
Outdoor Features
- Rooftop Deck
Schools
- Forest Park Middle School
- Proviso East High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 66 Units
- Maggie Lyons Association, Phone Number (312) 829-8900
- Mid-Rise Condominium
- Property managed by Master Care
Amenities
- Sundeck
- Party Room
- Elevator
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2024
Closed on
Jan 27, 2025
Sold by
Sorensen John Douglas and Sorensen Martha R
Bought by
Newberg Steven J and Newberg Mary A
Seller's Agent
Erica Cuneen
Beyond Properties Realty Group
Buyer's Agent
Ali Bakir
MorphEasy Realty
List Price
$445,000
Sold Price
$445,000
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,266
Avg. Annual Appreciation
0.28%
Purchase Details
Closed on
May 21, 2011
Sold by
Howe Timothy L and Howe Marguerite
Bought by
Sorensen John Douglas and Sorensen Martha R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,925
Interest Rate
4.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 26, 2008
Sold by
Lemley Terry M and Lemley Carolyn J
Bought by
Howe Timothy L and Howe Marguerite
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5%
Mortgage Type
Unknown
Purchase Details
Closed on
May 26, 2005
Sold by
Madison Street Commons Llc
Bought by
Lemley Terry M and Lemley Carolyn J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $445,000 | None Listed On Document | |
| Warranty Deed | $336,000 | First American Title Ins Co | |
| Warranty Deed | $430,000 | Prairie Title Inc | |
| Special Warranty Deed | $420,500 | Ticor |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $224,000 | New Conventional | |
| Previous Owner | $251,925 | New Conventional | |
| Previous Owner | $347,500 | Unknown | |
| Previous Owner | $344,000 | Unknown | |
| Previous Owner | $232,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2025 02/07/25 | Sold | $445,000 | 0.0% | $248 / Sq Ft |
| 11/18/2024 11/18/24 | For Sale | $445,000 | -- | $248 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $11,283 | $43,532 | $1,071 | $42,461 |
| 2023 | $11,536 | $43,532 | $1,071 | $42,461 |
| 2022 | $11,536 | $38,344 | $1,124 | $37,220 |
| 2021 | $11,013 | $38,344 | $1,124 | $37,220 |
| 2020 | $10,868 | $38,344 | $1,124 | $37,220 |
| 2019 | $8,976 | $31,664 | $1,017 | $30,647 |
| 2018 | $8,787 | $31,664 | $1,017 | $30,647 |
| 2017 | $8,630 | $31,664 | $1,017 | $30,647 |
| 2016 | $8,750 | $28,698 | $936 | $27,762 |
| 2015 | $8,537 | $28,698 | $936 | $27,762 |
| 2014 | $8,408 | $28,698 | $936 | $27,762 |
| 2013 | $9,781 | $30,241 | $936 | $29,305 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2025
Ali Bakir
MorphEasy Realty
(312) 622-7022
1 in this area
129 Total Sales
About Madison Street Commons
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12208206
APN: 15-12-435-032-1013
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