NOT LISTED FOR SALE

Madison Street Commons 7243 Madison St Unit 305 Forest Park, IL 60130

Forest Park Area

Estimated Value: $360,000 - $393,400

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

Sale Details

Date Sold: April 23, 2021

Last sale price $287,500 $225 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,235 / mo

15 Days on Market

Highlights

  • Attached Garage
  • Resident Manager or Management On Site
  • Combination Dining and Living Room
  • Garage ceiling height seven feet or more
  • Accessibility Features

About This Home

As of April 2021

There's no place like home. Live in the heart of downtown Forest Park in this beautiful 2 bedroom, 2 bath condo. Granite and stainless steel kitchen opens to spacious living and dining room combo. Living room features gleaming hardwood floors and sliding glass doors to west-facing balcony close to shopping and restaurants along Madison Street. In-unit, full-size laundry with lots of closet space. 1 heated garage parking in elevator building. Building offers common area green roof/deck, exercise room and party room. Pets welcome. Enjoy Starbucks coffee at the street level on your way to 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: 02/19/2021

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Anna Gillian Cramer

Berkshire Hathaway HomeServices Chicago License #475172711

Last Buyer's Agent

Cynthia Howe Gajewski

Beyond Properties Realty Group License #475121010

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • 2005

Lot Details

  • 0.99

HOA Fees

  • $451 per month

Parking

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

Interior Spaces

  • Dual Sinks
  • Combination Dining and Living Room

Accessible Home Design

  • Accessibility Features

Community Details

Overview

  • 66 Units
  • Gina Delgado Association, Phone Number (312) 829-8900
  • Property managed by FIRST COMMUNITY MANAGEMENT

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

2005

Lot Details

0.99 Acres

HOA Fees

$451 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Co List Office Mls Id: MRD90812
  • Co List Office Phone: (708) 848-5550
  • Directions: HARLEM TO MADISON WEST TO PROPERTY
  • Lot Size: CONDO
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • 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
  • Accessibility Features: Door Width 32 Inches or More, Hall Width 36 Inches or More, Swing In Door(s), Lever Door Handles
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Other Equipment: Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Dining Room Type: No additional rooms
  • Stories: 4

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Brick/Mortar
  • Exterior Building Type: Brick,Stucco
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FIRST COMMUNITY MANAGEMENT
  • Management Contact Name: Gina Delgado
  • Management Phone: 312-829-8900
  • Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Party Room, Sundeck, Security Door Lock(s)
  • Association Fee: 451
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Number Limit

Fee Information

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

Schools

  • Junior High Dist: 209
  • Middle Or Junior School: Forest Park Middle School

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Multi Family

  • Units in Building: 66

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 7961.53
  • Tax Year: 2019

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
Feb 19, 2021
Closed on
Apr 23, 2021
Sold by
Bought by
Seller's Agent
Dorothy Gillian
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Cynthia Howe Gajewski
Beyond Properties Realty Group
List Price
$295,000
Sold Price
$287,500
Premium/Discount to List
-$7,500
-2.54%
Current Estimated Value
$365,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,080
Avg. Annual Appreciation
5.27%
Original Mortgage
$230,000
Outstanding Balance
$204,515
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$173,835

Purchase Details

Listed on
Mar 7, 2016
Closed on
Sep 9, 2016
Sold by
Bought by
Seller's Agent
Molly Olsen
Avenue 1 Realty Group Inc
Buyer's Agent
Dorothy Gillian
Berkshire Hathaway HomeServices Chicago
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.97%
Original Mortgage
$261,250
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2014
Closed on
May 19, 2014
Sold by
Bought by
Seller's Agent
John Haagenson
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Sarah Machmouchi
Redfin Corporation
List Price
$230,000
Sold Price
$228,000
Premium/Discount to List
-$2,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$216,600
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 20, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2007
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
$274,400
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 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
$229,200
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Forest Park, IL

  • Tiffany White Real Estate Agent - @properties Christie's International Real Estate

    Tiffany White

    @properties Christie's International Real Estate

    (833) 359-5166

    10 Total Sales

    1 in Forest Park

    $400,000 Price

    Tiffany White
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  • Jamey Kassaros-Johnson Real Estate Agent - Kale Realty

    Jamey Kassaros-Johnson

    Kale Realty

    (630) 793-0618

    82 Total Sales

    1 in Forest Park

    $293,000 Price

    Jamey Kassaros-Johnson
     Section Image
  • Matt Becker Real Estate Agent - @properties Christie's International Real Estate

    Matt Becker

    @properties Christie's International Real Estate

    (331) 800-2028

    23 Total Sales

    1 in Forest Park

    $352,000 Price

    Matt Becker
     Section Image
  • Jan Hazlett Real Estate Agent - @properties Christie's International Real Estate

    Jan Hazlett

    @properties Christie's International Real Estate

    (224) 507-7654

    96 Total Sales

    1 in Forest Park

    $397,500 Price

    Jan Hazlett
     Section Image
  • Melissa Stanley Real Estate Agent - Baird & Warner

    Melissa Stanley

    Baird & Warner

    (888) 604-4093

    46 Total Sales

    1 in Forest Park

    $295,000 Price

    Melissa Stanley
     Section Image
  • Jacqueline Koukol Real Estate Agent - Coldwell Banker Realty

    Jacqueline Koukol

    Responds Quickly

    Coldwell Banker Realty

    (224) 458-2997

    90 Total Sales

    1 in Forest Park

    $675,000 Price

    Jacqueline Koukol
     Section Image
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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
$287,500 Chicago Title
$275,000 Prairie Title
$228,000 Prairie Title
-- None Available
-- None Available
-- None Available
-- None Available
$343,000 Prairie Title
$287,500 Ticor Title Insurance Compan
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 $230,000
Closed $261,250
Closed $216,600
Previous Owner $165,000
Closed $274,400
Closed $229,200
Previous Owner $14,325
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
04/23/2021 04/23/21 Sold $287,500 -2.5% $225 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $295,000 0.0% $230 / Sq Ft
11/14/2018 11/14/18 Rented $2,075 -1.2% --
10/25/2018 10/25/18 Price Changed $2,100 -3.4% $2 / Sq Ft
10/09/2018 10/09/18 Price Changed $2,175 -4.4% $2 / Sq Ft
09/18/2018 09/18/18 For Rent $2,275 0.0% --
09/12/2016 09/12/16 Sold $275,000 -4.0% $212 / Sq Ft View Prior Sale
07/12/2016 07/12/16 Pending -- -- --
05/16/2016 05/16/16 Price Changed $286,500 -1.2% $220 / Sq Ft
03/07/2016 03/07/16 For Sale $290,000 -- $223 / 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 $9,322 $27,381 $802 $26,579
2020 $9,084 $27,381 $802 $26,579
2019 $7,962 $22,611 $726 $21,885
2018 $7,797 $22,611 $726 $21,885
2017 $7,626 $22,611 $726 $21,885
2016 $7,344 $20,493 $668 $19,825
2015 $7,229 $20,493 $668 $19,825
2014 $7,092 $20,493 $668 $19,825
2013 $6,984 $21,595 $668 $20,927
Source: Public Records

Agents Affiliated with this Home

  • DG

    Seller's Agent in 2021

    Dorothy Gillian

    Berkshire Hathaway HomeServices Chicago

    Section Image
  • Anna Gillian Cramer Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Seller Co-Listing Agent in 2021

    Anna Gillian Cramer

    Berkshire Hathaway HomeServices Chicago

    (708) 426-4349

    129 Total Sales

    Anna Gillian Cramer
    Section Image
  • Cynthia Howe Gajewski Real Estate Agent - Beyond Properties Realty Group

    Buyer's Agent in 2021

    Cynthia Howe Gajewski

    Beyond Properties Realty Group

    (312) 933-8440

    204 Total Sales

    Cynthia Howe Gajewski
    Section Image
  • Pamela Raia Real Estate Agent - Baird Warner

    Buyer's Agent in 2018

    Pamela Raia

    Baird Warner

    (312) 446-3148

    90 Total Sales

    Pamela Raia
    Section Image

  • MO

    Seller's Agent in 2016

    Molly Olsen

    Avenue 1 Realty Group Inc

    (312) 259-3246

    4 Total Sales

    Molly Olsen
    Section Image

  • JH

    Seller's Agent in 2014

    John Haagenson

    Berkshire Hathaway HomeServices Chicago

    Section Image
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About Madison Street Commons

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10999629

Midwest Real Estate Data (MRED)

APN: 15-12-435-032-1025

Illinois Cook County Forest Park 60130

7243 Madison St Unit 305, 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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