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7243 Madison St

Forest Park, IL 60130

2 bd 2 ba 1,300 sqft Built 2004 condos
Most recent sale
$330,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 23, 2023 Listing removed $2,600 MRED
Sep 26, 2023 Listed for rent $2,600 MRED
Jun 24, 2022 Sold $330,000 MLS #11393652
May 4, 2022 Listed $335,000 MLS #11393652
Sep 9, 2021 Sold $319,000 Public Record
May 28, 2021 Sold $319,000 MLS #11070940
Aug 30, 2012 Sold $232,000 Public Record
May 3, 2012 Sold $232,000 MLS #07952744
Mar 2, 2012 Price changed $239,000 MLS #07952744
Dec 1, 2011 Listed $249,000 MLS #07952744
Oct 1, 2011 Listing removed $308,000 MRED
Apr 28, 2011 Price changed $308,000 MLS #07591665
Oct 14, 2010 Price changed $310,000 MLS #07591665
Aug 10, 2010 Price changed $320,000 MLS #07591665
Jul 26, 2010 Listed $325,000 MLS #07591665

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $30,801 $776 $31,577 $9,484
2022 $26,999 $815 $27,814 $7,762
2021 $26,999 $815 $27,814 $9,469
2020 $26,999 $815 $27,814 $9,227
2019 $22,231 $737 $22,968 $8,087
2018 $22,231 $737 $22,968 $7,920
2017 $22,231 $737 $22,968 $4,103
2016 $20,139 $679 $20,818 $7,460
2015 $20,139 $679 $20,818 $7,343
2014 $20,139 $679 $20,818 $7,204
2013 $21,258 $679 $21,937 $7,094
2012 $21,258 $679 $21,937 $6,880
2011 $21,258 $679 $21,937 $5,749
2010 $27,251 $679 $27,930 $7,179
2009 $31,497 $679 $32,176 $8,145
2008 $32,783 $1,087 $33,870 $7,481
2007 $30,020 $990 $31,010 $7,041
2006 $30,020 $990 $31,010 $6,793

Property facts

Year built
2004
Property type
condos
Stories
4
Beds
2
Baths
2
Living area
1,300 sqft
Lot size
ZIP code
60130
City
Forest Park
Street
Madison St
Coordinates
41.87991, -87.80672

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,340
Gross rental yield
8.51%
Implied cap rate
5.53%
Trend-extrapolated value

Frequently asked questions

When did 7243 Madison St last sell?
7243 Madison St most recently sold on Jun 24, 2022 for $330,000.
What is the current tax assessment for 7243 Madison St?
The most recent total assessment for 7243 Madison St (year 2023) is $31,577 with $9,484 in property tax.
How does 7243 Madison St's assessment compare to its last sale price?
The current assessment is 90.4% below the last sale price of $330,000.
When was 7243 Madison St built?
7243 Madison St was built in 2004.
How does 7243 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 7243 Madison St?
7243 Madison St is a 2 bed, 2 bath, 1,300 sqft condos.
Is 7243 Madison St a flip candidate?
No — 7243 Madison St does not appear in our flips dataset.
Is 7243 Madison St a tax-appeal candidate?
No — 7243 Madison St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$409K
2026 Q4
$417.9K
ZIP 60130 — Median Price History + Forecast

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