NOT LISTED FOR SALE

7349 Madison St Unit E Forest Park, IL 60130

Estimated Value: $179,000 - $198,940

2 Beds
1 Bath
-- Sq Ft
$150/mo HOA Fee

Last Sold August 23, 2024

Last sale price $167,500

Est. 14% increase in value since last sale

Current estimated payment $1,581/month

12 Days on Market

About This Home

As of August 2024

Step into this thoughtfully renovated 2-bed, 1-bath apartment in the heart of Forest Park. The kitchen has been completely reworked and now boasts brand-new stainless steel appliances, sleek cabinetry, refreshed surfaces, and modern fixtures - perfect for weekday dinners or weekend entertaining. The bathroom has also been fully updated with contemporary finishes and quality fixtures. Enjoy the convenience of a brand-new washer and dryer in-unit, as well as tasteful new light fixtures that bring a fresh, cohesive look to every room. Ideal for buyers seeking a turnkey residence near local restaurants, shops, and public transit.

Last Agent to Sell the Property

Jazmine Little

@properties Christie's International Real Estate License #475189072 Listed on: 07/30/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Michael Diaz

eXp Realty License #475208763

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,682

Year Built

  • Built in 2003 | Remodeled in 2024

Lot Details

  • 3,136

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 6 Units
  • Self Management Association
  • Property managed by Self-Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,682

Year Built

Built in 2003 | Remodeled in 2024

Lot Details

0

HOA Fees

$150 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: 2003
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2024
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2024

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Management
  • Management Contact Name: Self-Management
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 000

Tax Info

  • Tax Annual Amount: 5682
  • Tax Year: 2022

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Aug 23, 2024
Sold by
Sales And Nani Kalayil Trust and Kalayil Sales P
Bought by
Heard Demetrius L and Quintana-Heard Sarahi
Seller's Agent
Jazmine Little
@properties Christie's International Real Estate
Buyer's Agent
Michael Diaz
eXp Realty
List Price
$179,000
Sold Price
$167,500
Premium/Discount to List
-$11,500
-6.42%
Views
53
Current Estimated Value
$191,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,235
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Sep 18, 2010
Sold by
Kalayil Sales and Kalayil Nani S
Bought by
Kalayil Sales P and Kalayil Nani

Purchase Details

Closed on
Jun 15, 2004
Sold by
Koenig Sylvia E
Bought by
Kalayil Sales and Kalayil Nani S

Purchase Details

Closed on
Feb 28, 2003
Sold by
Forest Park National Bank & Trust Co
Bought by
Koenig Sylvia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,700
Interest Rate
4.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 30, 2002
Sold by
Concepcion Carlos and Guncheon Jeanine
Bought by
Cg & Associates Llc

Purchase Details

Closed on
Jul 9, 2001
Sold by
Concepcion Carlos
Bought by
Forest Park National Bank & Trust Co and Trust #011272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,939
Interest Rate
7.03%

Purchase Details

Closed on
Apr 6, 2001
Sold by
Cibula Linda M
Bought by
Concepcion Carlos and Guncheon Jeanine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
8%

Purchase Details

Closed on
Apr 8, 1997
Sold by
Americanmidwest Bank & Trust
Bought by
Cibula Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heard Demetrius L $167,500 Burnet Title
Kalayil Sales P -- None Available
Kalayil Sales $169,000 Chicago Title Insurance Comp
Koenig Sylvia E $142,000 Prairie Title
Cg & Associates Llc -- Chicago Title Insurance Co
Forest Park National Bank & Trust Co -- --
Concepcion Carlos $365,000 Prairie Title
Cibula Linda M $287,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koenig Sylvia E $120,700
Previous Owner Forest Park National Bank & Trust Co $812,939
Previous Owner Concepcion Carlos $584,000
Previous Owner Cibula Linda M $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 For Sale $210,000 +25.4% --
08/23/2024 08/23/24 Sold $167,500 -6.4% --
08/12/2024 08/12/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $179,000 -- --
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
2025 $4,378 $14,575 $398 $14,177
2024 $4,378 $14,575 $398 $14,177
2023 $5,682 $14,575 $398 $14,177
2022 $5,682 $15,855 $528 $15,327
2021 $5,397 $15,853 $527 $15,326
2020 $5,259 $15,853 $527 $15,326
2019 $4,868 $13,824 $478 $13,346
2018 $4,767 $13,824 $478 $13,346
2017 $4,662 $13,824 $478 $13,346
2016 $3,928 $10,962 $438 $10,524
2015 $3,867 $10,962 $438 $10,524
2014 $3,794 $10,962 $438 $10,524
2013 $4,412 $13,641 $438 $13,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12121762

Midwest Real Estate Data (MRED)

APN: 15-12-433-050-1005