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$295,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,060 Sq. Ft.
  • Updated 1 hour ago

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Open House: 6:00 PM - 8:00 PM

Friday 5/1 6:00 PM - 8:00 PM

7509 Madison Street #B3,Forest Park, IL 60130

7509 Madison Street #B3Forest ParkIL60130

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Stylish 2-bed, 2-bath exposed timber loft featuring an open-concept kitchen, living, and dining area with high-ceilings, exposed brick and a cozy fireplace. Both full bathrooms offer convenient tub/shower combos. Enjoy a bright and airy living space with a private balcony, in-unit laundry, elevator access, and two assigned parking spaces (not tandem). Ideally located on vibrant Madison Street and near downtown Oak Park, with easy access to shops, dining, and multiple transit options including the Chicago 'L' Green Line, Chicago 'L' Blue Line, and Union Pacific West Line at Oak Park, plus nearby major medical centers including Loyola Medicine and Rush Oak Park Hospital. Recent updates include hardwood floors installed in both bedrooms (2019), three ceiling fans installed (2020), refrigerator replaced (2021), oven replaced (2022), HVAC system with humidifier replaced (2022), and microwave replaced (2023). Matterport Tour available through video link.

Full Property Details for 7509 Madison St #B3

General

  • Price: $295,000
  • HOA FEE: $460/month
  • Taxes: $6,482 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12631360
  • Updated: Today (4/30/2026)
  • Added to Site: Today

Interior

  • Basement: None
  • Interior Features: Elevator
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Dining Room, Gas Log, Gas Starter
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Humidifier
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Equipment: Fire Sprinklers, Carbon Monoxide Detectors, Ceiling Fan(s), Water Heater-Gas

Parking

  • Total Spaces: 2
  • Parking Features: Assigned, Yes, Owned

Location

  • Area: Forest Park
  • County: Cook
  • Township: Proviso
  • Driving Directions: Circle Ave and Madison St, West on Madison St to address on North side.

School Information

  • School District: 91
  • Elem School District: 91
  • Midd School District: 91
  • High School District: 201

Community

  • Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: Avenue1 Management Corp

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo, Condo/Loft
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 3
  • Stories/Levels: 4
  • Square Feet: 1,060
  • Sq. Ft. Source: Plans
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 14

Lot Features

  • Lot Dimensions: 22114

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $460
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Tax Amount: $6,482.88
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple with Homeowners Association
  • Property ID: 15124310711006

Listed by Compass

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— 7509 Madison St #B3 —

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

Schools serving 7509 Madison St #B3

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
9-121.1 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 7509 Madison St #B3 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/30/2026
Listed
$295,000
65.27%
MLS
5/18/2016
Sold
$178,500
—
Public Record
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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 7509 Madison St #B3

Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,155
33%
$23,806
46%
2022
$4,617
5%
$16,303
—
2021
$4,416
1%
$16,303
—
2020
$4,379
-10%
$16,303
-6%
2019
$4,882
-18%
$17,294
—
2018
$5,964
2%
$17,294
—
2017
$5,833
2%
$17,294
9%
2016
$5,696
2%
$15,895
—
2015
$5,607
2%
$15,895
—
2014
$5,501
-26%
$15,895
-31%
2013
$7,464
3%
$23,079
—
2012
$7,239
—
$23,079
—
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 7509 Madison St #B3

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7509 Madison Street #B3, Forest Park, IL 60130 (MLS# 12631360) is a Condo property with 2 bedrooms and 2 full bathrooms. 7509 Madison Street #B3 is currently listed for $295,000 and was received on April 30, 2026. Want to learn more about 7509 Madison Street #B3? 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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