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$325,000 Just Listed
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Property Description
Vary rare oversized brick-and-timber loft featuring two full baths, soaring 10.5-foot ceilings, and a custom-designed chef's kitchen. This expansive open-concept home showcases hardwood floors throughout the living and kitchen areas, exposed brick and timber beams, oversized windows, and a wood-burning fireplace that adds warmth and character to a great space. The beautifully appointed kitchen blends exceptional style and functionality, making it ideal for both entertaining and everyday living. Heated garage parking is included. This well-maintained elevator building offers a rooftop deck, storage locker, on-site laundry, and 24-hour video surveillance. The pet-friendly association adds to the home's appeal. Ideally located in Forest Park, just steps from the dining, shopping, and entertainment along Lake Street, Marion Street, and Madison Street, with convenient access to Metra and the Green Line CTA. A truly unique loft offering timeless character, generous space, and an unbeatable location. Could also be converted into a 2 bedroom easily as 2A was. See old listing.
Full Property Details
Full Property Details for 7240 Franklin St #2C
General
- Price: $325,000
- HOA FEE: $260/month
- Taxes: $8,472 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12601770
Interior
- Basement: None
- Interior Features: Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood-Burning
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sink
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Elevator in Residence, Storage, Sundeck
- Equipment: Cable TV, Fire Sprinklers, Ceiling Fan(s)
- Other Features: Commuter Bus, Commuter Train
Exterior
- Exterior Features: Roof Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: Forest Park
- County: Cook
- Township: Proviso
- Driving Directions: Harlem to Franklin, W 1.5 blocks
School Information
- School District: 91
- Elem School District: 91
- Midd School District: 91
- High School District: 209
- Elementary School: Garfield Elementary School
- Middle School: Forest Park Middle School
- High School: Proviso East High School
- Private School: Proviso East High School
Community
- Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit, Size Limit
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 35lbs.
- Mgmt. Company: Mastercare Building Services, Inc
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo/Loft
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Windows: Screens, Aluminum Frames, Blinds, Double Pane Windows, Insulated Windows, Shades
- Doors: Mirrored Closet Door(s)
- Sub-Flooring: Hardwood
- Entry Floor Number: 2
- Stories/Levels: 1
- Square Feet: 1,400
- Sq. Ft. Source: Estimated
- Year Built: 1992
- Remodeled/Updated: 2018
Unit Information
- Units in Building: 13
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Financial Considerations
- Association Fee: $260
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1992
- Tax Amount: $8,472.37
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 15124120221006
Listed by Redfin Corporation
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Schools
Schools serving 7240 Franklin St #2C
School Districts:Forest Park School District 91, Proviso Township High School District 209
| Name | Grades | Distance |
|---|---|---|
Grant-White Elementary School 147 Circle Avenue, Forest Park, IL 60130 | 3-5 | 0.2 mi |
Garfield Elementary School, Forest Park, IL 543 Hannah Avenue, Forest Park, IL 60130 | PK-2 | 0.6 mi |
Forest Park Middle School, Forest Park, IL 925 Beloit Avenue, Forest Park, IL 60130 | 6-8 | 1.1 mi |
Proviso East High School 807 South 1st Avenue, Maywood, IL 60153 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 7240 Franklin St #2C
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,472
—
$28,208
—
2023
$8,472
20%
$28,207
43%
2022
$7,086
5%
$19,771
—
2021
$6,731
3%
$19,771
—
2020
$6,559
-13%
$19,771
-8%
2019
$7,570
2%
$21,500
—
2018
$7,414
2%
$21,500
—
2017
$7,251
9%
$21,500
16%
2016
$6,647
2%
$18,547
—
2015
$6,542
2%
$18,547
—
2014
$6,419
4%
$18,547
-14%
2013
$6,156
2%
$21,665
—
2012
$6,013
—
$21,665
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7240 Franklin St #2C
7240 Franklin Street #2C, Forest Park, IL 60130 (MLS# 12601770) is a Condo property with 1 bedroom and 2 full bathrooms. 7240 Franklin Street #2C is currently listed for $325,000 and was received on July 23, 2026. Want to learn more about 7240 Franklin Street #2C? Do you have questions about finding other Condo real estate for sale in Forest Park? You can browse all Forest Park real estate or contact a Coldwell Banker agent to request more information.

