NOT LISTED FOR SALE

7403 Madison St Unit 2 Forest Park, IL 60130

Estimated Value: $858,000 - $1,139,118

3 Beds
2 Baths
1,900 Sq Ft
$538/Sq Ft Est. Value

Highlights

  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of August 2021

Beautifully rehabbed 3 bedroom, 2 full bath unit in the very heart of Forest Park!! Over 1900 square feet features a custom chef's kitchen with stainless steel appliances and granite countertops. 2 full bathrooms with high-end finishes. Full laundry room with brand new washer/dryer. Massive living room and kitchen/dining room await all your entertaining! Overlook Madison street from your living room bay windows! *Agent Owned

Last Agent to Rent the Property

Mischa DeHart

@properties Christie's International Real Estate License #475145692 Listed on: 07/02/2021

@properties Christie's International Real Estate

Last Renter's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,432

Year Built

  • Built in 1904 | Remodeled in 2016

Lot Details

  • 3,136

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Security Deposit $2,800
  • Property Available on 7/2/21
  • Rent includes water, snow removal

Community Details

Overview

  • Low-Rise Condominium

Pet Policy

  • Pets up to 20 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,432

Year Built

Built in 1904 | Remodeled in 2016

Lot Details

0

Rental Info

  • Available Date: 2021-07-02
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2800
  • Security Deposit: 2800
  • Max Pet Weight: 20

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub-Type: Attached
  • Year Built: 1904
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2016
  • Rebuilt Year: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2016

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1900
  • Room Type: Enclosed Porch
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Rent Includes: Water, Snow Removal

Lot Info

  • Lot Dimensions: 3125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2025
Sold by
Cruz Lilia C
Bought by
7403 Madison Revocable Trust and Cruz
Current Estimated Value
$1,022,039

Purchase Details

Closed on
Feb 7, 2022
Sold by
Lofts On Madison Llc
Bought by
Cruz Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.88%

Purchase Details

Closed on
Jan 11, 2022
Sold by
Lofts On Madison Llc
Bought by
Cruz Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.88%

Purchase Details

Closed on
Mar 18, 2015
Sold by
Nemeth L Christopher and Nemeth Tara O
Bought by
Lofts On Madison Llc

Purchase Details

Closed on
Feb 23, 2006
Sold by
Malone Christine R and Norton Denise
Bought by
Nemeth L Christopher and Nemeth Tara O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2004
Sold by
Forest Park National Bank & Trust Co
Bought by
Norton Denise and Malone Christine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
7403 Madison Revocable Trust -- None Listed On Document
Cruz Lilia -- --
Cruz Lilia -- --
Cruz Lilia -- --
Lofts On Madison Llc $432,500 Attorneys Title Guaranty Fun
Nemeth L Christopher $560,000 Cti
Norton Denise $470,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruz Lilia $450,000
Previous Owner Nemeth L Christopher $448,000
Previous Owner Norton Denise $362,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2021 08/04/21 Rented -- -- --
07/02/2021 07/02/21 For Rent $2,800 +12.0% --
07/09/2018 07/09/18 Rented $2,500 0.0% --
05/22/2018 05/22/18 For Rent $2,500 0.0% --
05/23/2017 05/23/17 Rented $2,500 0.0% --
05/03/2017 05/03/17 Under Contract -- -- --
02/27/2017 02/27/17 For Rent $2,500 -- --
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 $26,432 $88,000 $3,125 $84,875
2023 $10,233 $88,000 $3,125 $84,875
2022 $10,233 $28,552 $2,656 $25,896
2021 $9,720 $28,551 $2,656 $25,895
2020 $9,472 $28,551 $2,656 $25,895
2019 $10,773 $30,597 $2,421 $28,176
2018 $10,552 $30,597 $2,421 $28,176
2017 $12,368 $36,672 $2,421 $34,251
2016 $10,755 $30,011 $2,187 $27,824
2015 $10,586 $30,011 $2,187 $27,824
2014 $10,386 $30,011 $2,187 $27,824
2013 $10,711 $33,118 $2,187 $30,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11143790

Midwest Real Estate Data (MRED)

APN: 15-12-433-028-0000