$260,000

Madison Street Commons 7243 Madison St Unit 310 Floor 3 Forest Park, IL 60130

Estimated payment $2,288/month

1 Bed
1 Bath
950 Sq Ft
$274 Price per Sq Ft

Highlights

  • Fitness Center
  • Elevator
  • Balcony
  • Party Room
  • Stainless Steel Appliances
  • 1 Car Attached Garage

About This Home

There's No Place Like Home! Welcome to this bright and inviting 1 bed, 1 bath condo in the sought-after Madison Commons building in downtown Forest Park! Kitchen with newer SS appliances features a large breakfast bar, and opens into the spacious and bright living and dining areas. Step out onto your large private balcony which overlooks the tranquil green roof terrace. The large bedroom features a separate nook that can be used as you wish. The bathroom offers dual access from both the bedroom and main living space. Additional highlights include in-unit washer and dryer, a private storage cage, & 1 heated garage parking space. Madison Commons offers great amenities including an exercise room, community room, and green roof terrace. Fantastic downtown Forest Park location close to restaurants, shops, parks, and transportation. Make your showing today!

Listing Agent

Anna Gillian Cramer

Berkshire Hathaway HomeServices Chicago License #475172711 Listed on: 03/13/2026

Berkshire Hathaway HomeServices Chicago

Co-Listing Agent

Caitlin Gillian Thorsen

Berkshire Hathaway HomeServices Chicago License #476437995

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,635

Year Built

  • Built in 2006

HOA Fees

  • $382 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Available
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 950 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room with Study Area
  • Carpet

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, gas, parking, insurance, exterior maintenance, scavenger, snow removal
  • 66 Units
  • Gina Delgado Association, Phone Number (312) 829-8900
  • Property managed by First Community Managment

Amenities

  • Building Patio
  • Common Area
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

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

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,635

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$382 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 950
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Foyer, Study
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, Garage, Yes, Garage Owned, Attached
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 382
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Party Room, Patio
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community Managment
  • Management Contact Name: Gina Delgado
  • Management Phone: 312-829-8900

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • 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: 6634.67
  • Tax Year: 2024

Multi Family

  • Units in Building: 66

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,306 $20,993 $516 $20,477
2024 $6,306 $20,993 $516 $20,477
2023 $6,627 $20,993 $516 $20,477
2022 $6,627 $18,492 $542 $17,950
2021 $6,295 $18,491 $542 $17,949
2020 $6,134 $18,491 $542 $17,949
2019 $5,376 $15,269 $490 $14,779
2018 $5,266 $15,269 $490 $14,779
2017 $5,150 $15,269 $490 $14,779
2016 $4,959 $13,839 $451 $13,388
2015 $4,882 $13,839 $451 $13,388
2014 $4,789 $13,839 $451 $13,388
2013 $3,866 $14,584 $451 $14,133
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2026 03/13/26 For Sale $260,000 -- $274 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $197,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,920 Fannie Mae Freddie Mac
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12588858

Midwest Real Estate Data (MRED)

APN: 15-12-435-032-1030

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