NOT LISTED FOR SALE

7240 Madison St Forest Park, IL 60130

Estimated Value: $546,508 - $607,000

2 Beds
2 Baths
7,425 Sq Ft
$77/Sq Ft Est. Value

About This Home

This home is located at 7240 Madison St, Forest Park, IL 60130 and is currently estimated at $571,503, approximately $76 per square foot. 7240 Madison St is a home located in Cook County with nearby schools including Garfield Elementary School, Field Stevenson Elementary School, and Forest Park Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Mila Mores Real Estate Group Llc
Current Estimated Value
$571,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Outstanding Balance
$347,347
Interest Rate
7.8%
Estimated Equity
$224,156

Purchase Details

Closed on
Dec 4, 2015
Sold by
Pryor Terrence J and Voss Carole
Bought by
Chicago Title Land Trust Company and Trust #8002369906
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mila Mores Real Estate Group Llc $550,000 Freedom Title Corp
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mila Mores Real Estate Group Llc $351,200
Closed Mila Mores Real Estate Group Llc $439,000
Source: Public Records

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
2025 $19,524 $65,000 $3,750 $61,250
2024 $19,524 $65,000 $3,750 $61,250
2023 $16,670 $65,000 $3,750 $61,250
2022 $16,670 $46,512 $2,438 $44,074
2021 $15,834 $46,510 $2,437 $44,073
2020 $15,430 $46,510 $2,437 $44,073
2019 $13,468 $38,250 $2,437 $35,813
2018 $13,191 $38,250 $2,437 $35,813
2017 $12,901 $38,250 $2,437 $35,813
2016 $12,571 $35,079 $2,250 $32,829
2015 $12,374 $35,079 $2,250 $32,829
2014 $12,140 $35,079 $2,250 $32,829
2013 $11,383 $35,196 $2,250 $32,946
Source: Public Records

Map

Illinois Cook County Forest Park 60130

7240 Madison St, Forest Park, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.