NOT LISTED FOR SALE

7509 Madison St Unit 2C Forest Park, IL 60130

Estimated Value: $239,000 - $281,000

2 Beds
2 Baths
1,100 Sq Ft
$400/mo HOA Fee

Last Sold February 16, 2021

Last sale price $245,000 $223 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,387/month

9 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Heating and Cooling System
  • Granite Countertops
  • Property is near a bus stop

About This Home

As of February 2021

Forest Park Condo Loft with 2 bedrooms and 2 baths with a city feel that is bright and open. Elevator building, Hardwood floors, high-vaulted ceilings with lots of exposed brick. Large living room with a gas fireplace and balcony for outdoor grilling. Kitchen has stainless steel appliances, granite counter tops and an island. Main Bedroom has a full bath with a jetted tub. Washer and Dryer in the unit. Close to the expressway, public transportation, shopping and restaurants. 2 parking spaces included. Move-in ready!!

Last Agent to Sell the Property

Daniel Bahena

HomeSmart Connect LLC License #471004965 Listed on: 12/21/2020

HomeSmart Connect LLC

Last Buyer's Agent

Meg Wygonik Kryger

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,150

Lot Details

  • 0.51

HOA Fees

  • $400 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,150

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 2
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Condo-Loft
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Granite Counters
  • Number Of Rooms: 5
  • Living Room: Dimensions: 11X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 9X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Granite Counters
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Balcony, Dimensions: 4X3, On Level: Main Level
  • Bedroom 2: Dimensions: 11X13, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1100

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 400
  • Management Contact Name: Self Managed
  • Management Phone: 708-366-8947

Fee Information

  • Management Company: West Madison Condo Association

Schools

  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 15124310711003

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 4

Tax Info

  • Taxes: 4881.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Feb 16, 2021
Sold by
Rita Amy L and Rita David M
Bought by
Condon Katelyn E
Seller's Agent
Daniel Bahena
HomeSmart Connect LLC
Buyer's Agent
Meg Wygonik Kryger
Berkshire Hathaway HomeServices Chicago
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$265,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,841
Avg. Annual Appreciation
1.75%
Original Mortgage
$220,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2006
Sold by
West Madison Investment Llc
Bought by
Rita David M and Rita Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6.88%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Condon Katelyn E $245,000 Chicago Title
Rita David M $299,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Condon Katelyn E $220,500
Previous Owner Rita David M $239,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $245,000 -2.0% $223 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $250,000 -- $227 / Sq Ft
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 $7,150 $23,807 $1,842 $21,965
2023 $5,843 $23,807 $1,842 $21,965
2022 $5,843 $16,304 $2,072 $14,232
2021 $4,416 $16,303 $2,072 $14,231
2020 $4,379 $16,303 $2,072 $14,231
2019 $4,882 $17,294 $1,888 $15,406
2018 $4,779 $17,294 $1,888 $15,406
2017 $4,694 $17,294 $1,888 $15,406
2016 $4,801 $15,895 $1,703 $14,192
2015 $4,682 $15,895 $1,703 $14,192
2014 $4,680 $15,895 $1,703 $14,192
2013 $6,614 $23,079 $1,703 $21,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10957366

Midwest Real Estate Data (MRED)

APN: 15-12-431-071-1003