$190,000
SOLD MAR 18, 2025

7320 Madison St Unit 8 Forest Park, IL 60130

2 Beds
1.5 Baths
1,225 Sq Ft
$199/mo HOA Fee

Recently Sold

$155 Per Sq Ft

3% Above List Price

193 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Laundry Room
  • End Unit
  • Balcony
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

Centrally located in the heart of downtown Forest Park. Two-story loft-style condo, steps to Starbucks, restaurants, nightlife and shopping. 1st Floor open concept floor plan with Hardwood Floors, Granite Counters and Stainless Steel Appliances in the kitchen and fresh paint make it great for entertaining. 2nd Floor includes 2 bedrooms and a bathroom with in-unit washer and dryer and tankless hot water heater. Love outdoor space? Nice balcony off of the living room. Building has automatic fire sprinkler system installed. Outdoor parking is available to rent rear of building. Close to all Forest Park has to offer. Walkable to blue/green CTA line, Metra and easy access to the expressway. Ready to move in. Broker owned.

Last Agent to Sell the Property

Manju Naha

Coldwell Banker Realty License #475122724 Listed on: 07/15/2024

Coldwell Banker Realty

Last Buyer's Agent

Kylie Pucel

eXp Realty License #475195810

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,373

Year Built

  • Built in 1940 | Remodeled in 2011

HOA Fees

  • $199 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,225 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • End Unit

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 9 Units
  • Raquel Antillera Association, Phone Number (630) 659-6628

Pet Policy

  • Pets Allowed
  • Pet Deposit Required

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,373

Year Built

Built in 1940 | Remodeled in 2011

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2011
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2011

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1225
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 185000
  • Lot Features: Corner Lot
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Deposit Required
  • Association Fee: 199
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Raquel Antillera
  • Management Phone: 630-659-6628
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 7373.3
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Mar 18, 2025
Sold by
Naha Kakan K and Naha Manju
Bought by
Salazar Joseph
Seller's Agent
Manju Naha
Coldwell Banker Realty
Buyer's Agent
Kylie Pucel
eXp Realty
List Price
$185,000
Sold Price
$190,000
Premium/Discount to List
$5,000
2.7%
Views
259
Current Estimated Value
$243,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,710
Avg. Annual Appreciation
67.98%
Original Mortgage
$5,000
Outstanding Balance
$4,242
Interest Rate
8.9%
Mortgage Type
New Conventional
Estimated Equity
$239,468

Purchase Details

Closed on
May 31, 2024
Sold by
Naha Kakan K and Naha Manju
Bought by
Mueller Christian Andrew

Purchase Details

Closed on
Oct 5, 2011
Sold by
Marani Ventures Llc
Bought by
Naha Kakan K and Naha Manju
Source: Public Records

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Range of Values:

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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 $190,000 None Listed On Document
Warranty Deed $274,000 None Listed On Document
Warranty Deed $274,000 None Listed On Document
Special Warranty Deed $135,000 Premier Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000 New Conventional
Open $165,999 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $190,000 +2.7% $155 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $185,000 0.0% $151 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/14/2024 10/14/24 Price Changed $185,000 -5.1% $151 / Sq Ft
09/25/2024 09/25/24 Price Changed $195,000 -7.1% $159 / Sq Ft
08/25/2024 08/25/24 Price Changed $209,900 -8.7% $171 / Sq Ft
08/09/2024 08/09/24 Price Changed $229,900 -8.0% $188 / Sq Ft
07/15/2024 07/15/24 For Sale $249,900 0.0% $204 / Sq Ft
03/01/2017 03/01/17 Rented $1,700 0.0% --
11/02/2016 11/02/16 For Rent $1,700 -- --
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 $7,373 $24,549 $512 $24,037
2023 $5,377 $24,549 $512 $24,037
2022 $5,377 $15,005 $538 $14,467
2021 $5,833 $17,134 $537 $16,597
2020 $5,684 $17,134 $537 $16,597
2019 $6,742 $19,147 $486 $18,661
2018 $6,603 $19,147 $486 $18,661
2017 $6,458 $19,147 $486 $18,661
2016 $3,674 $10,253 $448 $9,805
2015 $3,617 $10,253 $448 $9,805
2014 $3,548 $10,253 $448 $9,805
2013 $4,238 $13,105 $448 $12,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12105114

Midwest Real Estate Data (MRED)

APN: 15-13-205-032-1008