Great investment value in the heart of downtown Forest Park in a highly sought after Madison Commons condo building! This two-bedroom, two-bathroom condominium offers many amenities. This condo offers bright living space and with Fresh Paint, New Stove and microwave, Refrigerator, washer, dryer and dishwasher are 2-3 years old., New Carpet NEWER engineered hardwood flooring. in-unit laundry facilities along with a storage unit. This listing includes ONE deeded parking spaces, in a secure, heated garage. In-building on-site exercise room, garden in the back and community room. Walk to restaurants, shops and entertainment as well as a quick walk to the Blue Line. Easy commute to downtown Chicago and the medical district. Investor Friendly building with good return on investment. No rental CAP.
New
$339,900
7243 Madison St APT 211, Forest Park, IL 60130
2beds
1,100sqft
Condominium, Single Family Residence
Built in 2005
-- sqft lot
$345,900 Zestimate®
$309/sqft
$485/mo HOA
What's special
Fresh paintNew carpetOne deeded parking spaceSecure heated garageBright living spaceGarden in the backIn-unit laundry facilities
- --
- 75
- views
- 5
- saves
Zillow last checked:
Listing updated:
Listed by:
Nader Shahat 630-689-6446,
Green Equities LLC
Source: MRED as distributed by MLS GRID,MLS#: 12804780
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Storage
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15X12
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Kitchen
- Features: Kitchen (Eating Area-Table Space, Island, Pantry-Closet), Flooring (Ceramic Tile)
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 299 Square Feet
- Dimensions: 23X13
Storage
- Level: Main
- Area: 12 Square Feet
- Dimensions: 3X4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Humidifier
- Laundry: Washer Hookup
Features
- Elevator
- Windows: Screens
- Basement: None
Interior area
- Total interior livable area: 1,100 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Yes, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Hall Width 36 Inches or More, Disability Access
Features
- Exterior features: Balcony
Details
- Parcel number: 15124350321010
- Special conditions: None
- Other equipment: Intercom, Ceiling Fan(s)
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan
Community & HOA
Community
- Security: Fire Sprinkler System, Carbon Monoxide Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Storage, Party Room, Service Elevator(s)
- Services included: Heat, Water, Gas, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger
- HOA fee: $485 monthly
Location
- Region: Forest Park
Financial & listing details
- Price per square foot: $309/sqft
- Tax assessed value: $263,470
- Annual tax amount: $8,326
- Date on market: 11/9/2026
- Ownership: Condo
Estimated market value
$345,900
$329,000 - $363,000
$2,242/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listing removed | $354,500$322/sqft |
Source: | ||
| 8/31/2026 | Price change | $354,500-0.1%$322/sqft |
Source: | ||
| 8/12/2026 | Price change | $354,900-1.4%$323/sqft |
Source: | ||
| 7/6/2026 | Listed for sale | $359,900$327/sqft |
Source: | ||
| 6/18/2026 | Contingent | $359,900$327/sqft |
Source: | ||
| 5/15/2026 | Listed for sale | $359,900+38.5%$327/sqft |
Source: | ||
| 10/9/2019 | Listing removed | $2,100-4.5%$2/sqft |
Source: Green Equities LLC #10466452 Report a problem | ||
| 9/26/2019 | Price change | $259,900-5.3%$236/sqft |
Source: Green Equities LLC #10529830 Report a problem | ||
| 9/16/2019 | Listed for rent | $2,200$2/sqft |
Source: Green Equities LLC #10466452 Report a problem | ||
| 9/5/2019 | Price change | $274,500-0.1%$250/sqft |
Source: Green Equities LLC #10466447 Report a problem | ||
| 8/22/2019 | Price change | $274,900-1.8%$250/sqft |
Source: Green Equities LLC #10466447 Report a problem | ||
| 8/4/2019 | Price change | $279,900-3.4%$254/sqft |
Source: Green Equities LLC #10466447 Report a problem | ||
| 8/4/2019 | Listing removed | $2,200$2/sqft |
Source: Green Equities LLC #10466452 Report a problem | ||
| 7/31/2019 | Price change | $2,200-4.3%$2/sqft |
Source: Green Equities LLC #10466452 Report a problem | ||
| 7/18/2019 | Listed for rent | $2,300$2/sqft |
Source: Green Equities LLC #10448761 Report a problem | ||
| 7/12/2019 | Listed for sale | $289,900+51%$264/sqft |
Source: Green Equities LLC #10448577 Report a problem | ||
| 6/13/2014 | Sold | $192,000-6.3%$175/sqft |
Source: | ||
| 3/15/2014 | Price change | $205,000-4.7%$186/sqft |
Source: Coldwell Banker Residential Brokerage - La Grange #08458918 Report a problem | ||
| 12/5/2013 | Price change | $215,000-4.4%$195/sqft |
Source: Coldwell Banker Residential Brokerage - La Grange #08458918 Report a problem | ||
| 10/3/2013 | Listed for sale | $225,000-3.4%$205/sqft |
Source: Coldwell Banker Residential Brokerage - La Grange #08458918 Report a problem | ||
| 11/25/2009 | Sold | $233,000-8.4%$212/sqft |
Source: | ||
| 6/1/2005 | Sold | $254,500$231/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,327 +5.2% | $26,347 +0% |
| 2023 | $7,913 -4.9% | $26,346 +13.5% |
| 2022 | $8,318 +5.3% | $23,207 |
| 2021 | $7,901 +2.6% | $23,207 |
| 2020 | $7,699 +14.1% | $23,207 +21.1% |
| 2019 | $6,747 +2.1% | $19,163 |
| 2018 | $6,608 +2.2% | $19,163 |
| 2017 | $6,463 +3.8% | $19,163 +10.3% |
| 2016 | $6,224 +1.6% | $17,369 |
| 2015 | $6,127 +19.6% | $17,369 |
| 2014 | $5,122 +1% | $17,369 -5.1% |
| 2013 | $5,069 +2.2% | $18,303 |
| 2012 | $4,958 -1.7% | $18,303 |
| 2011 | $5,042 -9.3% | $18,303 -13.2% |
| 2010 | $5,556 -25.8% | $21,089 -21.4% |
| 2009 | $7,487 +8.7% | $26,847 -5% |
| 2008 | $6,891 +6% | $28,260 +9.2% |
| 2007 | $6,502 +3.1% | $25,873 |
| 2006 | $6,307 | $25,873 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 60130
Nearby schools
Schools provided by the listing agent
- Elementary: Grant-White Elementary School
- Middle: Forest Park Middle School
- High: Proviso East High School
- District: 91
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





