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$385,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,380 Sq. Ft.
  • 2 Car Garage
  • Updated 9 hours ago
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Bright, spacious, and move-in ready! This beautiful south-facing corner unit offers 2 bedrooms, 2 full baths, and approximately 1,300 sq. ft. of comfortable living space. Sunlight pours through the expansive windows, creating a warm and inviting atmosphere throughout. The open floor plan includes in-unit laundry and a large private balcony with two patio doors, perfect for relaxing or entertaining. Residents enjoy sought-after amenities including a fitness center, party room, and serene courtyard. A wonderful opportunity to enjoy maintenance-free living in a prime Forest Park location. The pet-friendly community provides a welcoming atmosphere while being just steps from shopping, dining, parks, public transportation, and everything downtown Forest Park has to offer. The building features 66 units and is professionally managed, making it an excellent option for both owner-occupants and those seeking a low-maintenance lifestyle. Enjoy easy access to downtown Chicago, major expressways, and the vibrant Madison Street corridor. Don't miss this opportunity to own a move-in-ready home in one of Forest Park's most sought-after locations.

Full Property Details for 7243 Madison St #318

General

  • Price: $385,000
  • HOA FEE: $591/month
  • Taxes: $9,485 (2025)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12764252
  • Updated: 9/19/2026
  • Added to Site: 2 day(s) ago

Interior

  • Basement: None
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Separate Shower, Double Sink

Bedrooms

  • Total Bedrooms: 2

Parking

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

Location

  • Area: Forest Park
  • County: Cook
  • Township: Proviso
  • Driving Directions: Madison Street between Elgin and Marengo

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

Community

  • Assoc. Fees Include: Heat, Water, Gas, Parking, Insurance, Clubhouse, 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: First 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
  • Entry Floor Number: 3
  • Stories/Levels: 4
  • Square Feet: 1,380
  • Sq. Ft. Source: Builder
  • Year Built: 2004

Unit Information

  • Units in Building: 66

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $591
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 2004
  • Tax Amount: $9,485
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 15124350321038

Listed by Century 21 Utmost

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— 7243 Madison St #318 —

  • Century 21 Utmost

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NMLS#: 1598647

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

Schools serving 7243 Madison St #318

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 #318 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$385,000
14.93%
MLS
9/08/2022
Sold
$335,000
—
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 #318

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,485
—
$31,578
—
2023
$9,485
8%
$31,577
14%
2022
$8,743
5%
$27,814
—
2021
$8,335
2%
$27,814
—
2020
$8,198
19%
$27,814
21%
2019
$6,880
2%
$22,968
—
2018
$6,736
2%
$22,968
—
2017
$6,608
1%
$22,968
10%
2016
$6,565
2%
$20,818
—
2015
$6,418
2%
$20,818
—
2014
$6,316
1%
$20,818
-5%
2013
$6,244
2%
$21,937
—
2012
$6,098
—
$21,937
—
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.

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7243 Madison Street #318, Forest Park, IL 60130 (MLS# 12764252) is a Condo property with 2 bedrooms and 2 full bathrooms. 7243 Madison Street #318 is currently listed for $385,000 and was received on September 18, 2026. Want to learn more about 7243 Madison Street #318? 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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