NOT LISTED FOR SALE

Madison Street Commons 7243 Madison St Unit 219 Forest Park, IL 60130

Forest Park Area

Estimated Value: $326,000 - $399,291

2 Beds
2 Baths
1,280 Sq Ft
0.99 Acre Lot

Sale Details

Date Sold: February 22, 2023

Last sale price $315,000 $246 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,311 / mo

9 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Sundeck
  • Rooftop Deck
  • Party Room
  • Elevator

About This Home

As of February 2023

Live in the heart of downtown Forest Park in this beautiful 2 bedroom, 2 bath condo. Granite kitchen opens to spacious living and dining room combo. Living room features hardwood floors and sliding glass doors to east-facing balcony close to shopping and restaurants along Madison Street. Brand new carpeting and newer windows in both bedrooms. Master suite offers 2 closets and double sink. In-unit, full-size laundry. Great closet space plus additional storage room across from unit. Two heated garage parking spaces in elevator building. Building offers common area green roof/deck, exercise room and party room. Pets welcome (all sizes). Enjoy Starbucks coffee at the street level on your way to Metra and Blue and Green Line only blocks away. Easy I-290 access.

Last Agent to Sell the Property

Dorothy Gillian

Berkshire Hathaway HomeServices Chicago License #475141002 Listed on: 01/13/2023

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Anna Gillian Cramer

Berkshire Hathaway HomeServices Chicago License #475172711

Last Buyer's Agent

Margaret Sersen

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,281

Year Built

  • Built in 2005

Lot Details

  • 0.99

HOA Fees

  • $514 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,280 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Courtyard
  • Rooftop Deck

Schools

  • Garfield Elementary School
  • 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

  • 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
  • Omar Association, Phone Number (312) 829-8900
  • Mid-Rise Community
  • Property managed by First Community

Amenities

  • Sundeck
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,281

Year Built

Built in 2005

Lot Details

0.99 Acres

HOA Fees

$514 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard,Mid Rise (4-6 Stories)
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1280
  • Room Type: Foyer
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 514
  • Association Amenities: Elevator(s), Exercise Room, Storage, Party Room, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community
  • Management Contact Name: Omar
  • Management Phone: 312-829-8900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Garfield Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Forest Park Middle School
  • Junior High/Middle School #2: Proviso Mathematics and Science Academy

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7280.92
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 66

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Feb 21, 2023
Sold by
Bought by
Seller's Agent
Dorothy Gillian
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Margaret Sersen
Redfin Corporation
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
52
Current Estimated Value
$367,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,573
Avg. Annual Appreciation
4.58%
Original Mortgage
$277,750
Interest Rate
0.0599%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2014
Closed on
Nov 23, 2014
Sold by
Bought by
Seller's Agent
Danielle Zuhlke-Smith
Red Carpet Realty LLC
Buyer's Agent
Dorothy Gillian
Berkshire Hathaway HomeServices Chicago
List Price
$237,500
Sold Price
$238,000
Premium/Discount to List
$500
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%

Purchase Details

Closed on
Nov 23, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
0.0402%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,950
Interest Rate
0.05%
Mortgage Type
Unknown
Source: Public Records
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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
$315,000 None Listed On Document
$238,000 Stewart Title
$210,000 Prairie Title
$299,000 Ticor
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 $277,750
Previous Owner $157,500
Previous Owner $157,500
Previous Owner $110,000
Closed $238,950
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2023 02/22/23 Sold $315,000 -3.1% $246 / Sq Ft
01/25/2023 01/25/23 For Sale $325,000 +3.2% $254 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/22/2023 01/22/23 Off Market $315,000 -- --
01/13/2023 01/13/23 For Sale $325,000 +36.6% $254 / Sq Ft
11/26/2014 11/26/14 Sold $238,000 +0.2% $159 / Sq Ft View Prior Sale
11/07/2014 11/07/14 Pending -- -- --
11/03/2014 11/03/14 For Sale $237,500 -- $158 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax 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.

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 $9,337 $31,087 $765 $30,322
2024 $9,337 $31,087 $765 $30,322
2023 $9,814 $31,087 $765 $30,322
2022 $9,814 $27,382 $803 $26,579
2021 $7,281 $27,381 $802 $26,579
2020 $7,231 $27,381 $802 $26,579
2019 $5,788 $22,611 $726 $21,885
2018 $5,665 $22,611 $726 $21,885
2017 $7,626 $22,611 $726 $21,885
2016 $5,810 $20,493 $668 $19,825
2015 $7,229 $20,493 $668 $19,825
2014 $7,092 $20,493 $668 $19,825
2013 $6,134 $21,595 $668 $20,927
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dorothy Gillian

    Berkshire Hathaway HomeServices Chicago

    Section Image
  • Anna Gillian Cramer

    Seller Co-Listing Agent in 2023

    Anna Gillian Cramer

    Berkshire Hathaway HomeServices Chicago

    (708) 426-4349

    126 Total Sales

    Anna Gillian Cramer
    Section Image

  • M

    Buyer's Agent in 2023

    Margaret Sersen

    Redfin Corporation

    Section Image

  • D

    Seller's Agent in 2014

    Danielle Zuhlke-Smith

    Red Carpet Realty LLC

    (847) 208-5782

    2 Total Sales

    Danielle Zuhlke-Smith
    Section Image
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About Madison Street Commons

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11700311

Midwest Real Estate Data (MRED)

APN: 15-12-435-032-1016

Illinois Cook County Forest Park 60130

7243 Madison St Unit 219, 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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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