$280,000
SOLD APR 30, 2026

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

1 Bed
1 Bath
950 Sq Ft
2006 Built

Sale Details

Date Sold: April 30, 2026

$295 Per Sq Ft

8% Above List Price

10 Days on Market

Highlights

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

About This Home

As of April 2026

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!

Last Agent to Sell the Property

Anna Gillian Cramer

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

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Caitlin Gillian Thorsen

Berkshire Hathaway HomeServices Chicago License #476437995

Last Buyer's Agent

Mark Lale

Best Chicago Properties, LLC License #475109416

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

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: Closed
  • 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

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
Mar 13, 2026
Closed on
Apr 22, 2026
Sold by
Bought by
Seller's Agent
Anna Gillian Cramer
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Mark Lale
Best Chicago Properties, LLC
List Price
$260,000
Sold Price
$280,000
Premium/Discount to List
$20,000
7.69%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.15%
Original Mortgage
$224,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 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
$155,920
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed $280,000 Citywide Title
Special Warranty Deed $197,500 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 Loan Amount Loan Type
Previous Owner $224,000 New Conventional
Previous Owner $155,920 Fannie Mae Freddie Mac
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
04/30/2026 04/30/26 Sold $280,000 +7.7% $295 / Sq Ft
03/23/2026 03/23/26 Pending -- -- --
03/13/2026 03/13/26 For Sale $260,000 -- $274 / 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 $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

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12588858

Midwest Real Estate Data (MRED)

APN: 15-12-435-032-1030

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