NOT LISTED FOR SALE

Madison Street Commons 7243 Madison St Unit 321 Forest Park, IL 60130

Estimated Value: $242,000 - $332,000

1 Bed
1 Bath
985 Sq Ft
$368/mo HOA Fee

Last Sold August 04, 2022

Last sale price $240,000 $244 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,447/month

9 Days on Market

Highlights

  • Fitness Center
  • Granite Countertops
  • Balcony
  • Wood Flooring
  • Den
  • 1 Car Attached Garage

About This Home

As of August 2022

Open floor concept, 1 Bedroom + Den. Naturally illuminated unit with generous living area and large balcony. Optimal floor plan, updated kitchen with stainless steel appliances, granite counters and plenty of cabinet space, a large master bedroom with walk-in closet, a perfectly sized Den that could be your home-office or a guest room, this unit feels like a two-bedroom. It also features in-unit laundry, underground heated parking and a storage locker. The Building has elevator, fitness room and a private outdoor courtyard. Amazing location, blocks from transit, el, expressway and Forest/Oak park entertainment. -Agent owned-

Last Agent to Sell the Property

Miguel Badillo Imbert

Re/Max In The Village License #475197554 Listed on: 06/01/2022

Last Buyer's Agent

Kelly O'Brien

Coldwell Banker Real Estate Group License #471020751

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,977

Year Built

  • Built in 2004

Lot Details

  • 0.99

HOA Fees

  • $368 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 985 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Den
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exercise facilities, exterior maintenance, scavenger, snow removal
  • 67 Units
  • Maggie Lyons Association, Phone Number (312) 829-8900
  • Property managed by First Community Management

Amenities

  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,977

Year Built

Built in 2004

Lot Details

0

HOA Fees

$368 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Some Carpeting, Some Wood Floors, Granite Counters
  • LivingArea: 985
  • Other Equipment: Fire Sprinklers, CO Detectors
  • Room Type: Den
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 244000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 368
  • Association Amenities: Elevator(s), Exercise Room, Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community Management
  • Management Contact Name: Maggie Lyons
  • Management Phone: 312-829-8900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5977.39
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2022
Sold by
Boyer Nedra
Bought by
Nedra J Boyer Revocable Living Trust
Current Estimated Value
$279,852

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 22, 2022
Sold by
Badillo-Imbert Miguel A and Badillo-Imbert Rochelle Y
Bought by
Boyer Nedra
Seller's Agent
Miguel Badillo Imbert
Re/Max In The Village
Buyer's Agent
Kelly O'Brien
Coldwell Banker Real Estate Group
List Price
$244,000
Sold Price
$240,000
Premium/Discount to List
-$4,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$180,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2016
Closed on
Jun 20, 2016
Sold by
Leniek Jan
Bought by
Badillo Imbert Miguel A and Uribe Davila Rochelle Y
Seller's Agent
Erica Cuneen
Beyond Properties Realty Group
Buyer's Agent
David Gullo
Gullo & Associates
List Price
$209,000
Sold Price
$209,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$167,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2007
Sold by
Ippolito Vincent J and Ippolito Kristine M
Bought by
Leniek Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 23, 2005
Sold by
Madison Street Commons Llc
Bought by
Ippolito Vincent and Serio Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nedra J Boyer Revocable Living Trust -- None Listed On Document
Boyer Nedra $240,000 First American Title
Badillo Imbert Miguel A $209,000 Prairie Title
Leniek Jan $257,500 First American Title Ins Co
Ippolito Vincent $248,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyer Nedra $180,000
Previous Owner Badillo Imbert Miguel A $167,200
Previous Owner Leniek Jan $160,000
Previous Owner Ippolito Vincent $223,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2022 08/04/22 Sold $240,000 -1.6% $244 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $244,000 +16.7% $248 / Sq Ft
06/24/2016 06/24/16 Sold $209,000 0.0% $212 / Sq Ft View Prior Sale
05/19/2016 05/19/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $209,000 -- $212 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2024 $7,202 $23,978 $590 $23,388
2023 $5,363 $23,978 $590 $23,388
2022 $5,363 $21,120 $619 $20,501
2021 $6,056 $21,120 $619 $20,501
2020 $5,977 $21,120 $619 $20,501
2019 $4,933 $17,440 $560 $16,880
2018 $4,830 $17,440 $560 $16,880
2017 $4,744 $17,440 $560 $16,880
2016 $4,770 $15,807 $516 $15,291
2015 $4,651 $15,807 $516 $15,291
2014 $3,947 $15,807 $516 $15,291
2013 $4,537 $16,657 $516 $16,141
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Miguel Badillo Imbert

    RE/MAX

  • Kelly O'Brien

    Buyer's Agent in 2022

    Kelly O'Brien

    Coldwell Banker Real Estate Group

    (708) 557-2633

    5 in this area

    40 Total Sales

    Kelly O'Brien
    Section Image
  • Erica Cuneen

    Seller's Agent in 2016

    Erica Cuneen

    Beyond Properties Realty Group

    (708) 220-2025

    27 in this area

    319 Total Sales

    Erica Cuneen
    Section Image
  • David Gullo

    Buyer's Agent in 2016

    David Gullo

    Gullo & Associates

    (708) 567-1375

    6 in this area

    104 Total Sales

    David Gullo
    Section Image
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About Madison Street Commons

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11420835

Midwest Real Estate Data (MRED)

APN: 15-12-435-032-1041

Illinois Cook County Forest Park 60130

7243 Madison St Unit 321, Forest Park, IL

This home is located at 7243 Madison St Unit 321, Forest Park, IL 60130 since 01 June 2022 and is currently estimated at $279,852, approximately $284 per square foot. This property was built in 2004. 7243 Madison St Unit 321 is a home located in Cook County with nearby schools including Garfield Elementary School, Field Stevenson Elementary School, and Forest Park Middle School.

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