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$355,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,085 Sq. Ft.
  • 2 Car Garage
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Rare opportunity to get into a highly sought after condo building! This two-bedroom, two-bathroom condominium in the heart of downtown Forest Park offers an array of modern features and amenities. The residence features approximately 1,085 square feet of bright living space and boasts BRAND NEW engineered hardwood flooring and HVAC system installed MAY/JUNE of 2025. Includes in-unit laundry facilities which add to the ease of daily living along with a storage unit that is conveniently located on the same floor. This listing includes TWO deeded parking spaces, in a secure, heated garage. Residents can also enjoy access to the on-site exercise room, community gathering space and garden in the back. The elevator-equipped building offers seamless accessibility. Step right out your door to restaurants, shops and entertainment as well as a quick walk to the Blue Line and the Park District of Forest Park.

Full Property Details for 7243 Madison St #311

General

  • Sold For: $355,000
  • HOA FEE: $485/month
  • Taxes: $7,913 (2023)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12366317
  • Added to Site: 205 day(s) ago

Interior

  • Interior Features: Elevator, Storage, Lobby, Shops
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Gas Cooktop, Gas Oven
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Health Club, Party Room
  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Heated Garage, On Site, Attached, Garage
  • Parking On-Site: Yes

Location

  • Area: Forest Park
  • County: Cook
  • Driving Directions: Harlem Ave. to Madison St., West on Madison to property. Street parking available.

School Information

  • School District: 91
  • Midd School District: 91
  • Elementary School: Garfield Elementary School
  • High School: Proviso East High School
  • Private School: Proviso East High School

Community

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

Heating & Cooling

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

Utilities

  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Windows: Drapes
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 3
  • Stories/Levels: 1
  • Square Feet: 1,085
  • Sq. Ft. Source: Landlord/Tenant/Seller
  • Year Built: 2005
  • Remodeled/Updated: 2020

Unit Information

  • Units in Building: 66

Lot Features

  • Lot Dimensions: COMMON

Financial Considerations

  • Association Fee: $485
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 2005
  • Tax Amount: $7,913
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 15124350321031

Meet the listing agent

Meet the listing agent
— 7243 Madison St #311 —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 7243 Madison St #311

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
Field Stevenson Elementary School
925 Beloit Avenue, Forest Park, IL 60130
3-50.7 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7243 Madison St #311

Date
Details
Price
Change
Source
8/11/2025
Sold
$355,000
1.43%
MLS
6/26/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7243 Madison Street #311, Forest Park, IL 60130 (MLS# 12366317) is a Condo property that was sold at $355,000 on August 11, 2025. This property was listed by Katie Trankina from our Oak Park Office.Want to learn more about 7243 Madison Street #311? 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.