NOT LISTED FOR SALE

Madison Street Commons 7243 Madison St Unit 404 Forest Park, IL 60130

Estimated Value: $240,000 - $274,000

1 Bed
1 Bath
-- Sq Ft
0.99 Acre Lot

Sale Details

Date Sold: February 18, 2020

Last sale price $200,000

Est. 28% increase in value since last sale

Current estimated payment $2,121 / mo

52 Days on Market

Highlights

  • Balcony
  • Entrance Foyer
  • Forced Air Heating and Cooling System
  • Attached Garage
  • Property is near bus stop
  • Heated Garage

About This Home

As of February 2020

Gorgeous treetop views can be enjoyed of the elevated garden terrace from this quiet one bedroom one bath condo in the heart of Forest Park and the highly desirable Madison Commons: make it yours today! Early move-in available. Unit comes equipped with granite counters, wood kitchen cabinets, SS appliances, central A/C, in-unit Laundry, and spacious bathroom. Other amenities include heated underground parking (#6), storage space, in-building gym, and Community Room. Walking distance to CTA BLUE/GREEN lines, Metra train line, and easy 290 access at Harlem Ave just a few blocks away. Great night life and dining options at your doorstep on Madison Street and easy walk/drive to downtown Oak Park.

Last Agent to Sell the Property

Adriana Laura Cook

eXp Realty License #475149276 Listed on: 12/02/2019

eXp Realty

Co-Listed By

Steve Nasralla

Compass License #475130818

Last Buyer's Agent

Fred Munoz

Realty Alive License #471012999

Property Details

Home Type

  • Condominium

Year Built

  • 2005

Lot Details

  • 0.99

HOA Fees

  • $275 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Utilities

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

Additional Features

  • Entrance Foyer
  • East or West Exposure
  • Property is near bus stop

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2005

Lot Details

0.99 Acres

HOA Fees

$275 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Unit Floor Level: 4
  • Age: 11-15 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 2005
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2005

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 23X12, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Laundry: Dimensions: 3X3, On Level: Main Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: Foyer, Balcony
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 9X7, On Level: Main Level
  • Additional Room 2 Name: Balcony, Dimensions: 12X6, On Level: Main Level
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Exercise Room, Storage, Party Room
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Security System, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 275
  • Management Contact Name: Gina Delgado
  • Management Phone: 312-829-8900

Fee Information

  • Management Company: First Community Mangement

Schools

  • Junior High Dist: 91
  • High School #2: Proviso Mathematics and Science

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 15124350321047

Multi Family

  • Total Number Unitsin Building: 66
  • Number Stories: 4

Tax Info

  • Taxes: 3517.73

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
Dec 2, 2019
Closed on
Feb 17, 2020
Sold by
Bought by
Seller's Agent
Adriana Laura Cook
eXp Realty
Buyer's Agent
Fred Munoz
Realty Alive
List Price
$206,000
Sold Price
$200,000
Premium/Discount to List
-$6,000
-2.91%
Current Estimated Value
$255,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,081
Avg. Annual Appreciation
3.89%
Original Mortgage
$150,000
Outstanding Balance
$101,032
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$154,049

Purchase Details

Listed on
Jun 23, 2018
Closed on
Aug 31, 2018
Sold by
Bought by
Seller's Agent
Karen Byrne
@properties Christie's International Real Estate
Buyer's Agent
Juan Lozano
The Lozano Group
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%

Purchase Details

Closed on
Oct 12, 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
$170,400
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 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
$146,200
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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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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 Buyer Sale Price Title Company
$200,000 Chicago Title
$190,000 First American Title
$213,000 Lawyers
$183,000 Ticor
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 $150,000
Previous Owner $170,400
Previous Owner $146,200
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
02/18/2020 02/18/20 Sold $200,000 -2.9% --
01/23/2020 01/23/20 Pending -- -- --
12/02/2019 12/02/19 For Sale $206,000 +8.4% --
09/04/2018 09/04/18 Sold $190,000 -4.5% -- View Prior Sale
07/27/2018 07/27/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $199,000 -- --
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 $5,631 $18,746 $461 $18,285
2024 $5,631 $18,746 $461 $18,285
2023 $5,918 $18,746 $461 $18,285
2022 $5,918 $16,513 $484 $16,029
2021 $5,621 $16,512 $484 $16,028
2020 $5,478 $16,512 $484 $16,028
2019 $4,801 $13,636 $438 $13,198
2018 $3,518 $13,636 $438 $13,198
2017 $4,599 $13,636 $438 $13,198
2016 $4,429 $12,358 $403 $11,955
2015 $4,359 $12,358 $403 $11,955
2014 $4,277 $12,358 $403 $11,955
2013 $3,362 $13,023 $403 $12,620
Source: Public Records

Agents Affiliated with this Home

  • Adriana Laura Cook

    Seller's Agent in 2020

    Adriana Laura Cook

    eXp Realty

    (312) 497-2044

    64 Total Sales

    Adriana Laura Cook
    Section Image
  • Steve Nasralla

    Seller Co-Listing Agent in 2020

    Steve Nasralla

    Compass

    (708) 466-5164

    202 Total Sales

    Steve Nasralla
    Section Image
  • Fred Munoz

    Buyer's Agent in 2020

    Fred Munoz

    Realty Alive

    (708) 359-1572

    17 Total Sales

    Fred Munoz
    Section Image
  • Karen Byrne

    Seller's Agent in 2018

    Karen Byrne

    @ Properties

    (708) 203-4474

    39 Total Sales

    Karen Byrne
    Section Image
  • Juan Lozano

    Buyer's Agent in 2018

    Juan Lozano

    The Lozano Group

    58 Total Sales

    Juan Lozano
    Section Image
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About Madison Street Commons

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10584171

Midwest Real Estate Data (MRED)

APN: 15-12-435-032-1047

Illinois Cook County Forest Park 60130

7243 Madison St Unit 404, 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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