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$190,000
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Property Description
Centrally located in the heart of downtown Forest Park. Two-story loft-style condo, steps to Starbucks, restaurants, nightlife and shopping. 1st Floor open concept floor plan with Hardwood Floors, Granite Counters and Stainless Steel Appliances in the kitchen and fresh paint make it great for entertaining. 2nd Floor includes 2 bedrooms and a bathroom with in-unit washer and dryer and tankless hot water heater. Love outdoor space? Nice balcony off of the living room. Building has automatic fire sprinkler system installed. Outdoor parking is available to rent rear of building. Close to all Forest Park has to offer. Walkable to blue/green CTA line, Metra and easy access to the expressway. Ready to move in. Broker owned.
Full Property Details
Full Property Details for 7320 Madison St #8
General
- Sold For: $190,000
- HOA FEE: $199/month
- Taxes: $7,373 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12105114
- Added to Site: 591 day(s) ago
Interior
- Interior Features: Hardwood Floors, Laundry Hook-Up in Unit
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Balcony, End Unit
Parking
- Parking Type: None
Location
- Area: Forest Park
- County: Cook
- Driving Directions: HARLEM TO MADISON, W ON MADISON TO CIRCLE, ENTER AT 7320
School Information
- School District: 91
- Midd School District: 91
Community
- Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Deposit Required
- Mgmt. Company: Self Managed
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Structure Type: Condo
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 3
- Square Feet: 1,225
- Sq. Ft. Source: Other
- Year Built: 1940
- Built Before 1978: Yes
- Remodeled/Updated: 2011
Unit Information
- Units in Building: 9
- Unit Floor in Bldg.: 2
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Corner Lot
Financial Considerations
- Association Fee: $199
- Assoc Fee Freq.: Monthly
- Assessment Year: 1940
- Tax Amount: $7,373.3
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Property ID: 15132050321008
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Schools
Schools serving 7320 Madison St #8
School Districts:Forest Park School District 91, Proviso Township High School District 209
| Name | Grades | Distance |
|---|---|---|
Garfield Elementary School, Forest Park, IL 543 Hannah Avenue, Forest Park, IL 60130 | PK-2 | 0.2 mi |
Field Stevenson Elementary School 925 Beloit Avenue, Forest Park, IL 60130 | 3-5 | 0.7 mi |
Forest Park Middle School, Forest Park, IL 925 Beloit Avenue, Forest Park, IL 60130 | 6-8 | 0.7 mi |
Proviso East High School 807 South 1st Avenue, Maywood, IL 60153 | 9-12 | 1.3 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 7320 Madison St #8
Date
Details
Price
Change
Source
3/18/2025
Sold
$190,000
2.7%
MLS
10/14/2024
Price Reduced
$185,000
-5.13%
MLS
9/24/2024
Price Reduced
$195,000
-7.1%
MLS
8/25/2024
Price Reduced
$209,900
-8.7%
MLS
8/09/2024
Price Reduced
$229,900
-8%
MLS
7/15/2024
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7320 Madison Street #8, Forest Park, IL 60130 (MLS# 12105114) is a Condo property that was sold at $190,000 on March 18, 2025. This property was listed by Manju Naha from our Oak Brook Office.Want to learn more about 7320 Madison Street #8? 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.


