NOT LISTED FOR SALE

7509 Madison St Unit 3B Forest Park, IL 60130

Estimated Value: $227,000 - $272,000

2 Beds
2 Baths
1,046 Sq Ft
$350/mo HOA Fee

Last Sold May 18, 2016

Last sale price $178,500 $171 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,204/month

34 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Property is near a bus stop
  • Whirlpool Bathtub
  • Galley Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of May 2016

This 3rd Floor Loft Condo offers city-like living with all Madison St has to offer. Features: great size balcony! hardwood floors, granite counter-top kitchen, s/s appliances, washer/dryer in unit, exposed brick walls and gas log fireplace, Jacuzzi Whirlpool!. All of this and two assigned parking spaces included! Nothing to do but move right in. Walk to Blue and Green lines. Also close to Metra. Restaurants and shopping within a few feet from your home! This is a smoke free building

Last Agent to Sell the Property

Katrina Spears

Berkshire Hathaway HomeServices Chicago Listed on: 02/09/2016

Last Buyer's Agent

Joelle Venzera

Compass License #475163719

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,155

Lot Details

  • 0.51

HOA Fees

  • $350 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • East or West Exposure
  • Property is near a bus stop

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,155

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access, Non-Smoking Building
  • Unit Floor Level: 3
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Type Attached: Condo-Loft
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 13X08, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1046
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Balcony
  • Exposure: W (West)

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
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator
  • Assessment Includes: Water, Parking, Common Insurance, Scavenger, Snow Removal
  • Assessment Association Fees: 350
  • Management Contact Name: west madison condo association
  • Management Phone: 708-366-8947

Fee Information

  • Management Company: Manager- Off Site

Schools

  • Junior High Dist: 91
  • High School #2: PROVISO MATHEMATICS AND SCIENCE

Lot Info

  • Lot Dimensions: INTEGRAL
  • Lot Description: Common Grounds
  • Parcel Identification Number: 15124310711006

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 1

Tax Info

  • Taxes: 5501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
May 18, 2016
Sold by
Hines Ethel M
Bought by
Taddei Lisa
Seller's Agent
Katrina Spears
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Joelle Venzera
Compass
List Price
$178,500
Sold Price
$178,500
Current Estimated Value
$256,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,702
Avg. Annual Appreciation
3.90%
Original Mortgage
$160,600
Outstanding Balance
$127,556
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$128,646

Purchase Details

Listed on
Apr 30, 2014
Closed on
Jul 28, 2014
Sold by
West Madison Investments Llc
Bought by
Hines Ethel M
Seller's Agent
Mike Becker
RE/MAX In The Village
Buyer's Agent
Katrina Spears
Berkshire Hathaway HomeServices Chicago
List Price
$199,000
Sold Price
$162,000
Premium/Discount to List
-$37,000
-18.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$145,800
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2010
Sold by
Aiyash Wafeek and Bozonellos John C
Bought by
West Madison Investments Llc
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
Taddei Lisa $178,500 First American Title
Hines Ethel M $162,000 Stewart Title
West Madison Investments Llc -- None Available
Aiyash Wafeek -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taddei Lisa $160,600
Previous Owner Hines Ethel M $145,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2016 05/18/16 Sold $178,500 0.0% $171 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $178,500 0.0% $171 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $178,500 +10.2% $171 / Sq Ft
07/28/2014 07/28/14 Sold $162,000 -16.5% $155 / Sq Ft View Prior Sale
06/10/2014 06/10/14 Pending -- -- --
06/02/2014 06/02/14 Price Changed $194,000 -2.5% $185 / Sq Ft
04/30/2014 04/30/14 For Sale $199,000 -- $190 / 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 $6,155 $23,807 $1,842 $21,965
2023 $4,617 $23,807 $1,842 $21,965
2022 $4,617 $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 $5,964 $17,294 $1,888 $15,406
2017 $5,833 $17,294 $1,888 $15,406
2016 $5,696 $15,895 $1,703 $14,192
2015 $5,607 $15,895 $1,703 $14,192
2014 $5,501 $15,895 $1,703 $14,192
2013 $7,464 $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: MRD09138391

Midwest Real Estate Data (MRED)

APN: 15-12-431-071-1006