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7243 Madison St

Forest Park, IL 60130

2 bd 2 ba 1,425 sqft Built 2005 condos
Most recent sale
$350,000
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2022 Sold $350,000 MLS #11366246
Apr 5, 2022 Listed $359,000 MLS #11366246
Dec 17, 2018 Listing removed $359,000 MRED
Aug 23, 2018 Listing removed $359,000 MRED
Jun 1, 2018 Price changed $359,000 MLS #09961843
May 24, 2018 Listed $372,000 MLS #09961843
Jul 26, 2017 Sold $277,000 MLS #09630466
May 18, 2017 Listed $289,900 MLS #09630466

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $30,322 $764 $31,086 $9,337
2022 $26,579 $802 $27,381 $8,587
2021 $26,579 $802 $27,381 $8,187
2020 $26,579 $802 $27,381 $8,054
2019 $21,885 $726 $22,611 $7,962
2018 $21,885 $726 $22,611 $7,797
2017 $21,885 $726 $22,611 $7,626
2016 $19,825 $668 $20,493 $7,344
2015 $19,825 $668 $20,493 $7,229
2014 $19,825 $668 $20,493 $7,092
2013 $20,927 $668 $21,595 $6,984
2012 $20,927 $668 $21,595 $6,774
2011 $20,927 $668 $21,595 $6,686
2010 $26,827 $668 $27,495 $7,927
2009 $31,007 $668 $31,675 $8,833
2008 $32,273 $1,070 $33,343 $8,130
2007 $29,552 $974 $30,526 $7,671
2006 $29,552 $974 $30,526 $7,441

Property facts

Year built
2005
Property type
condos
Stories
4
Beds
2
Baths
2
Living area
1,425 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
$2,565
Gross rental yield
8.79%
Implied cap rate
5.72%
Trend-extrapolated value

Frequently asked questions

When did 7243 Madison St last sell?
7243 Madison St most recently sold on Jun 7, 2022 for $350,000.
What is the current tax assessment for 7243 Madison St?
The most recent total assessment for 7243 Madison St (year 2023) is $31,086 with $9,337 in property tax.
How does 7243 Madison St's assessment compare to its last sale price?
The current assessment is 91.1% below the last sale price of $350,000.
When was 7243 Madison St built?
7243 Madison St was built in 2005.
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, 1,425 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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