$250,000

Madison Street Commons 7243 Madison St Unit 409 Forest Park, IL 60130

Estimated payment $2,224/month

Total Views 1,356
1 Bed
1 Bath
1,000 Sq Ft
$250 Price per Sq Ft

Highlights

  • Fitness Center
  • Granite Countertops
  • Den
  • Lock-and-Leave Community
  • Party Room
  • Sundeck

About This Home

Welcome to your top-floor retreat with tree-lined views-an oversized 1-bedroom + den condo steps from everything Forest Park has to offer! This bright and airy home features newer floors throughout, abundant windows that flood the space with natural light, and excellent storage. The open-concept living and dining areas are perfect for entertaining, while the eat-in kitchen shines with a large island, 42 in wood cabinets, stone countertops and newer stainless-steel appliances. The spacious primary bedroom offers two oversized closets and direct access to the full bath. A flexible den provides the perfect spot for a home office, guest space, or reading nook. Step outside to your private balcony, or enjoy the building's fantastic amenities including a common terrace with seating, workout room, and party room. Garage parking, newer washer/dryer and additional storage are included. All of this in an unbeatable location-just steps from the train, expressway access, shopping, and Forest Park's amazing dining scene!

Listing Agent

Elizabeth August

@properties Christie's International Real Estate License #475135225 Listed on: 09/02/2025

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,774

Year Built

  • Built in 2005

HOA Fees

  • $391 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 4-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Storage
  • Laundry Room
  • Granite Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

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

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exercise facilities, exterior maintenance, scavenger, snow removal
  • 60 Units
  • Gina Delgado Association, Phone Number (312) 829-8900
  • Property managed by Madison Commons
  • Lock-and-Leave Community

Amenities

  • Sundeck
  • Party Room
  • Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,774

Year Built

Built in 2005

Lot Details

0

HOA Fees

$391 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 4
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2005
  • 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
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Interior Amenities: Storage, Granite Counters
  • LivingArea: 1000
  • Room Type: Den, Balcony/Porch/Lanai
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Brick
  • List Price: 250000
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 391
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Party Room, Sundeck, Receiving Room, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Madison Commons
  • Management Contact Name: Gina Delgado
  • Management Phone: 312-829-8900

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: COMMON
  • 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: 5774
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 60

Map

Range of Values:

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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
2024 $5,774 $22,538 $554 $21,984
2023 $5,889 $22,538 $554 $21,984
2022 $5,889 $19,852 $582 $19,270
2021 $5,625 $19,852 $582 $19,270
2020 $6,586 $19,852 $582 $19,270
2019 $5,772 $16,393 $526 $15,867
2018 $5,653 $16,393 $526 $15,867
2017 $5,529 $16,393 $526 $15,867
2016 $4,430 $14,858 $485 $14,373
2015 $4,316 $14,858 $485 $14,373
2014 $4,253 $14,858 $485 $14,373
2013 $4,213 $15,657 $485 $15,172
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $250,000 +19.0% $250 / Sq Ft
08/24/2016 08/24/16 Sold $210,000 -2.3% $210 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $215,000 -- $215 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $210,000 Ravenswood Title Company Llc
Special Warranty Deed $216,000 Ticor
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $178,000 New Conventional
Closed $189,000 New Conventional
Previous Owner $172,600 Fannie Mae Freddie Mac
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12460321

Midwest Real Estate Data (MRED)

APN: 15-12-435-032-1052