7401 Madison St Forest Park, IL 60130
Estimated Value: $1,199,174
--
Bed
--
Bath
--
Sq Ft
6,229
Sq Ft Lot
About This Home
This home is located at 7401 Madison St, Forest Park, IL 60130 and is currently estimated at $1,199,174. 7401 Madison St is a home located in Cook County with nearby schools including Garfield Elementary School, Field Stevenson Elementary School, and Forest Park Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 25, 2018
Sold by
Chicago Title Land Trust Co
Bought by
Asm Properties Llc
Current Estimated Value
Purchase Details
Closed on
May 15, 2003
Sold by
Windmill Enterprises Inc
Bought by
Forest Park National Bank & Trust Co and Trust #001170
Purchase Details
Closed on
Jan 3, 2002
Sold by
North Star Trust Company
Bought by
Windmill Enterprises Inc
Purchase Details
Closed on
Aug 23, 2001
Sold by
Forest Park National Bank & Trust Co
Bought by
North Star Trust Company and Trust #01-3755
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.03%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 11, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Forest Park National Bank & Trust Co and Trust #981066
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Asm Properties Llc | $850,000 | Chicago Title | |
| Forest Park National Bank & Trust Co | -- | -- | |
| Forest Park National Bank & Trust Co | -- | -- | |
| Windmill Enterprises Inc | -- | -- | |
| North Star Trust Company | -- | -- | |
| Forest Park National Bank & Trust Co | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | North Star Trust Company | $525,000 |
Source: Public Records
Tax History Compared to Growth
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 | $60,735 | $202,206 | $21,875 | $180,331 |
| 2023 | $68,126 | $202,206 | $21,875 | $180,331 |
| 2022 | $68,126 | $190,076 | $21,875 | $168,201 |
| 2021 | $64,710 | $190,075 | $21,875 | $168,200 |
| 2020 | $63,058 | $190,075 | $21,875 | $168,200 |
| 2019 | $54,985 | $156,161 | $19,531 | $136,630 |
| 2018 | $53,853 | $156,161 | $19,531 | $136,630 |
| 2017 | $52,669 | $156,161 | $19,531 | $136,630 |
| 2016 | $44,252 | $123,483 | $18,750 | $104,733 |
| 2015 | $64,753 | $183,566 | $18,750 | $164,816 |
| 2014 | $63,530 | $183,566 | $18,750 | $164,816 |
| 2013 | $52,633 | $162,741 | $18,750 | $143,991 |
Source: Public Records
Map
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