NOT LISTED FOR SALE

7505 Madison St Forest Park, IL 60130

Estimated Value: $856,885

-- Bed
-- Bath
5,500 Sq Ft
$156/Sq Ft Est. Value

About This Home

This home is located at 7505 Madison St, Forest Park, IL 60130 and is currently estimated at $856,885, approximately $155 per square foot. 7505 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
Mar 30, 2023
Sold by
Fleming Christopher and Fleming Patrick
Bought by
Scratch Properties Inc
Current Estimated Value
$856,885

Purchase Details

Closed on
Dec 31, 2012
Sold by
Fleming Daniel and Fleming Mary
Bought by
Fleming Patrick and Fleming Patricia

Purchase Details

Closed on
Jun 14, 2002
Sold by
Clark Loy and Clark Joyce
Bought by
Fleming Christopher and Fleming Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 1996
Sold by
Sorice Martin M
Bought by
Clark Loy and Clark Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 1994
Sold by
7505 Madison Building Corp
Bought by
Sorice Martin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
8.61%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Scratch Properties Inc $750,000 Saturn Title
Fleming Patrick $10,000 None Available
Fleming Christopher $329,500 Prairie Title
Clark Loy $125,000 --
Sorice Martin M $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fleming Christopher $674,000
Previous Owner Clark Loy $210,000
Previous Owner Sorice Martin M $97,500
Source: Public Records

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 $33,643 $112,007 $15,225 $96,782
2023 $36,155 $112,007 $15,225 $96,782
2022 $36,155 $100,876 $15,225 $85,651
2021 $34,342 $100,875 $15,225 $85,650
2020 $33,465 $100,875 $15,225 $85,650
2019 $28,462 $80,834 $13,593 $67,241
2018 $27,876 $80,834 $13,593 $67,241
2017 $27,263 $80,834 $13,593 $67,241
2016 $28,968 $80,834 $13,050 $67,784
2015 $28,514 $80,834 $13,050 $67,784
2014 $27,976 $80,834 $13,050 $67,784
2013 $26,143 $80,834 $13,050 $67,784
Source: Public Records

Map

Illinois Cook County Forest Park 60130

7505 Madison St, Forest Park, IL

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