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$275,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 865 Sq. Ft.
  • 2 Car Garage
  • Updated 5 hours ago
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A rare find in downtown Forest Park-this bright and inviting 1-bedroom, 1-bath condo at Madison Commons includes TWO assigned parking spaces in the heated indoor garage! In-unit washer and dryer, central air conditioning, and heat included in the HOA assessments make everyday living comfortable and convenient. Newer living room flooring enhances the spacious open layout, connecting the kitchen, dining area, and living room for easy entertaining. The kitchen features granite countertops and ample cabinetry, while your private balcony offers a welcoming spot for morning coffee or relaxing at the end of the day. The generously sized primary bedroom has two large closets and direct bathroom access, with a separate entrance for guests. A storage unit and building amenities-including a fitness center, bike room, community party room, and shared sun deck-add to the appeal. With Starbucks in the building and downtown Forest Park's restaurants and shops just outside your door, this condo offers an exceptional combination of location, amenities, and the standout convenience of two garage parking spaces!

Full Property Details for 7243 Madison St #207

General

  • Price: $275,000
  • HOA FEE: $416/month
  • Taxes: $5,810 (2025)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12783882
  • Updated: Today (10/14/2026)
  • Added to Site: Today

Interior

  • Basement: None
  • Interior Features: Elevator, Open Floorplan, Dining Combo, Granite Counters
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Storage, Party Room, Sundeck, Security Door Lock(s)
  • Equipment: Fire Sprinklers
  • Other Features: Commuter Bus, Commuter Train, Interstate Access

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Attached, Garage

Location

  • Area: Forest Park
  • County: Cook
  • Township: Proviso
  • Driving Directions: Between Harlem and Circle on Madison north side of street.

School Information

  • School District: 91
  • Elem School District: 91
  • Midd School District: 91
  • High School District: 209
  • Elementary School: Grant-White Elementary School
  • Middle School: Forest Park Middle School
  • High School: Proviso East High School
  • Private School: Proviso East High School

Community

  • Assoc. Fees Include: Heat, Water, Gas, Parking, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: 1st Community Management

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Sub-Flooring: Laminate
  • Entry Floor Number: 2
  • Stories/Levels: 4
  • Square Feet: 865
  • Sq. Ft. Source: Estimated
  • Year Built: 2005

Unit Information

  • Units in Building: 66

Lot Features

  • Lot Dimensions: PER SURVEY

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $416
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 2005
  • Tax Amount: $5,810.51
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 15124350321007

Listed by Ellsbury Group Llc

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— 7243 Madison St #207 —

  • Ellsbury Group Llc

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 7243 Madison St #207

School Districts:Forest Park School District 91, Proviso Township High School District 209
NameGradesDistance
Garfield Elementary School, Forest Park, IL
543 Hannah Avenue, Forest Park, IL 60130
PK-20.3 mi
Grant-White Elementary School
147 Circle Avenue, Forest Park, IL 60130
3-50.3 mi
Forest Park Middle School, Forest Park, IL
925 Beloit Avenue, Forest Park, IL 60130
6-80.7 mi
Proviso East High School
807 South 1st Avenue, Maywood, IL 60153
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7243 Madison St #207 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/14/2026
Listed
$275,000
27.31%
MLS
4/29/2005
Sold
$216,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7243 Madison St #207

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,315
—
$21,011
—
2023
$5,315
-2%
$21,010
14%
2022
$5,407
5%
$18,506
—
2021
$5,166
1%
$18,506
—
2020
$5,110
22%
$18,506
21%
2019
$4,173
2%
$15,282
—
2018
$4,085
2%
$15,282
—
2017
$4,016
-1%
$15,282
10%
2016
$4,069
3%
$13,851
—
2015
$3,961
1%
$13,851
—
2014
$3,905
1%
$13,851
-5%
2013
$3,870
2%
$14,596
—
2012
$3,796
—
$14,596
—
View All
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 for 7243 Madison St #207

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Listed by Ellsbury Group Llc

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7243 Madison Street #207, Forest Park, IL 60130 (MLS# 12783882) is a Condo property with 1 bedroom and 1 full bathroom. 7243 Madison Street #207 is currently listed for $275,000 and was received on October 14, 2026. Want to learn more about 7243 Madison Street #207? 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.

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