$329,000
SOLD DEC 13, 2024

Madison Street Commons 7243 Madison St Unit 323 Forest Park, IL 60130

2 Beds
2 Baths
1,250 Sq Ft
$501/mo HOA Fee

Recently Sold

$263 Per Sq Ft

48 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Entrance Foyer
  • 1 Car Attached Garage
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

Getting ready to move in the spring? Looking for an investment property? This could be the one!! Rarely available corner condo. Convenient, large two bedroom/two bath currently leased with one indoor garage space. Located in the sunny northeast corner in an elevator building. Great patio accessed from the living area or primary bedroom. Hardwood floors. Kitchen with granite counters . Good closet space. Primary has two generous closets and ensuite bath. In unit washer and dryer. Access to balcony from main living area and the primary bedroom. Building offers 2nd floor green roof/Community terrace, exercise room and party room. Easy access to transportation and dining.

Last Agent to Sell the Property

Sara Faust

Berkshire Hathaway HomeServices Chicago License #475167550 Listed on: 10/01/2024

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

David Gullo

Gullo & Associates License #471004288

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,379

Year Built

  • Built in 2004

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, gas, parking, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 60 Units
  • Gina Delgado Association, Phone Number (312) 615-0874
  • Property managed by First Community Management

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,379

Year Built

Built in 2004

Lot Details

0

HOA Fees

$501 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: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors
  • LivingArea: 1250
  • Room Type: Foyer
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 329000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 501
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community Management
  • Management Contact Name: Gina Delgado
  • Management Phone: 312-615-0874
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 9379.44
  • Tax Year: 2023

Multi Family

  • Units in Building: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Dec 9, 2024
Sold by
Quam Cynthia
Bought by
Cristen Vincent Coolidge Trust and Vincent
Seller's Agent
Sara Faust
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
David Gullo
Gullo & Associates
List Price
$329,000
Sold Price
$329,000
Views
52
Current Estimated Value
$337,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,987
Avg. Annual Appreciation
4.76%

Purchase Details

Listed on
Jun 6, 2024
Closed on
Aug 6, 2024
Sold by
Quam Cynthia T
Bought by
Quam Cynthia T and Cappello Michael
Seller's Agent
Sara Faust
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Sara Faust
Berkshire Hathaway HomeServices Chicago
Sold Price
$2,500
Views
2

Purchase Details

Listed on
Jun 6, 2024
Closed on
May 10, 2024
Sold by
Donini Alessandra
Bought by
Quam Cynthia
Seller's Agent
Sara Faust
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Sara Faust
Berkshire Hathaway HomeServices Chicago
Sold Price
$2,500
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 30, 2018
Sold by
Farina Prieto Lauren and Prieto Martin
Bought by
Donini Alessandra
Seller's Agent
Laura Garcia
Compass
Buyer's Agent
Linda Von Vogt
Baird & Warner
List Price
$284,000
Sold Price
$284,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%
Original Mortgage
$184,600
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2010
Sold by
Briggs Marnie
Bought by
Farina Prieto Lauren and Prieto Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2006
Sold by
Rubenstein Jason and Rubenstein Robyn T
Bought by
Briggs Marnie

Purchase Details

Closed on
May 24, 2005
Sold by
Madison Street Commons Llc
Bought by
Rubenstein Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,400
Interest Rate
5.91%
Mortgage Type
Credit Line Revolving
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

Date Type Sale Price Title Company
Warranty Deed $329,000 Prairie Title
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $325,000 None Listed On Document
Warranty Deed $284,000 Attorney
Warranty Deed $279,000 Attorneys Title Guaranty Fun
Warranty Deed $335,500 Fidelity National Title
Special Warranty Deed $296,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $184,600 New Conventional
Previous Owner $223,200 New Conventional
Previous Owner $44,400 Credit Line Revolving
Previous Owner $236,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $329,000 0.0% $263 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $329,000 0.0% $263 / Sq Ft
06/12/2024 06/12/24 Rented $2,500 0.0% --
06/10/2024 06/10/24 Under Contract -- -- --
05/28/2024 05/28/24 For Rent $2,500 0.0% --
05/22/2024 05/22/24 Sold $325,000 -1.5% $260 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $330,000 +16.2% $264 / Sq Ft
08/30/2018 08/30/18 Sold $284,000 0.0% --
07/17/2018 07/17/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $284,000 -- --
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 $8,184 $31,227 $768 $30,459
2023 $8,387 $31,227 $768 $30,459
2022 $8,387 $27,505 $806 $26,699
2021 $9,364 $27,505 $806 $26,699
2020 $9,125 $27,505 $806 $26,699
2019 $7,997 $22,713 $729 $21,984
2018 $7,833 $22,713 $729 $21,984
2017 $7,661 $22,713 $729 $21,984
2016 $7,378 $20,587 $672 $19,915
2015 $7,262 $20,587 $672 $19,915
2014 $7,125 $20,587 $672 $19,915
2013 $7,016 $21,694 $672 $21,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12178102

Midwest Real Estate Data (MRED)

APN: 15-12-435-032-1043