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$144,000 Contingent
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Property Description
Spacious vintage one-bedroom, one-bath condo ideally situated in a highly convenient location amongst all the explosion of the "re-vamp Madison" project. Set quietly at the rear of the courtyard, this home offers a peaceful retreat away from street noise. Hardwood floors and crown molding highlight the character throughout. The separate dining room features a recently added built-in serving area with bar storage and opens through an arched doorway to the living room. Mirrored French doors reveal a large walk-in closet which adds extra storage space. An enclosed side porch adds valuable extra living area and provides serene courtyard views. The kitchen has newer appliances including a refrigerator and dishwasher (2022), along with a stainless steel range/oven, ample cabinetry, and a spacious pantry for additional storage. The bathroom has also been updated, Building amenities include on-site laundry. Windows were replaced in 2018. Building upgrades include the following; new tear-off roof, tuckpointing, new sidewalks and new rear porches, all have already been fully paid. Ideal for both owner-occupants and investors, with no rental restrictions and convenient permit parking available. A short distance to schools, parks, pool, transportation, and restaurants. Assessments include heat!
Full Property Details
Full Property Details for 510 Madison St #3S
General
- Price: $144,000
- HOA FEE: $303/month
- Taxes: $3,106 (2023)
- Status: Contingent
- Type: Condo
- Source: MRED
- MLS ID: 12567795
- Updated: 2/19/2026
- Added to Site: 7 day(s) ago
Interior
- Basement: None
- Appliances: Range, Microwave, Refrigerator
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Coin Laundry, Storage
- Equipment: Ceiling Fan(s)
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Location
- Area: Oak Park
- County: Cook
- Township: Oak Park
- Driving Directions: BETWEEN RIDGELAND AND EAST AVE ON MADISON ST
School Information
- School District: 97
- Elem School District: 97
- Midd School District: 97
- High School District: 200
Community
- Assoc. Fees Include: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Mastercare
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Courtyard, Vintage
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 3
- Stories/Levels: 3
- Sq. Ft. Source: Not Reported
- Built Before 1978: Yes
Unit Information
- Units in Building: 24
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $303
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,106
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 16074210191019
Listed by Baird & Warner
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Schools
Schools serving 510 Madison St #3S
School Districts:Oak Park Elementary School District 97, Oak Park and River Forest District 200
| Name | Grades | Distance |
|---|---|---|
Longfellow Elementary School, Oak Park, IL 715 Highland Avenue, Oak Park, IL 60304 | PK-5 | 0.4 mi |
Percy Julian Middle School 416 South Ridgeland Avenue, Oak Park, IL 60302 | 6-8 | 0.3 mi |
Oak Park & River Forest High School 201 North Scoville Avenue, Oak Park, IL 60302 | 9-12 | 0.7 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 510 Madison St #3S
Date
Details
Price
Change
Source
2/12/2026
Listed
$144,000
75.74%
MLS
10/12/2000
Sold
$81,938
—
Public Record
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
Tax History for 510 Madison St #3S
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,106
3%
$9,529
21%
2022
$3,030
3%
$7,890
—
2021
$2,952
2%
$7,890
—
2020
$2,880
-10%
$7,890
-5%
2019
$3,197
4%
$8,333
—
2018
$3,077
2%
$8,333
—
2017
$3,010
1%
$8,333
13%
2016
$2,968
12%
$7,375
—
2015
$2,660
8%
$7,375
—
2014
$2,471
18%
$7,375
-30%
2013
$2,086
13%
$10,567
—
2012
$1,849
—
$10,567
—
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
Estimate the Cost for 510 Madison St #3S
510 Madison Street #3S, Oak Park, IL 60302 (MLS# 12567795) is a Condo property with 1 bedroom and 1 full bathroom. 510 Madison Street #3S is currently listed for $144,000 and was received on February 12, 2026. Want to learn more about 510 Madison Street #3S? Do you have questions about finding other Condo real estate for sale in Oak Park? You can browse all Oak Park real estate or contact a Coldwell Banker agent to request more information.

