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  3. Forest Park, IL
  4. /
  5. 7243 Madison St
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7243 Madison St

7243 Madison St, Forest Park, IL, 60130

YEAR BUILT

2005

# STORIES

# TOTAL UNITS

53

UNIT SIZE RANGE

621-1,842 sqft

Description

The building at 7243 Madison St is located in downtown Forest Park. It sits near major transit options like the Blue and Green Lines and the Metra Train. This spot offers easy access to the city and local attractions. Restaurants like The Original Pancake House, Fat Duck Tavern and Grill, and Petra are just a few steps away. Built in 2005, this low-rise structure consists of 53 units. They range in size from 621 to 1,842 square feet. The available units include one-bedroom and two-bedroom layouts. Prices for these units go from $329,000 to $445,000. The average selling price is around $376,334. This translates to an average of about $281 per square foot. The building features several amenities for residents. An exercise room and a community room add to the living experience. It also has a sundeck and bike room. Parking is available in a heated garage for added convenience. The elevator makes access easier for everyone. Units usually spend about 69 days on the market. This gives buyers some time to decide. The structure’s windows provide nice views of the Chicago skyline. The courtyard gardens offer a relaxing environment. Living here means enjoying both comfort and a strong sense of community. The area is busy yet welcoming. Access to parks and outdoor spaces makes it great for those who love nature. This building can be a wonderful place to call home.

Building ImageMLS ID #07765587
Building ImageMLS ID #06538184
Building ImageView Listing

7243 Madison St

7243 Madison St, Forest Park, IL, 60130

YEAR BUILT

2005

# STORIES

# TOTAL UNITS

53

UNIT SIZE RANGE

621-1,842 sqft

Description

The building at 7243 Madison St is located in downtown Forest Park. It sits near major transit options like the Blue and Green Lines and the Metra Train. This spot offers easy access to the city and local attractions. Restaurants like The Original Pancake House, Fat Duck Tavern and Grill, and Petra are just a few steps away. Built in 2005, this low-rise structure consists of 53 units. They range in size from 621 to 1,842 square feet. The available units include one-bedroom and two-bedroom layouts. Prices for these units go from $329,000 to $445,000. The average selling price is around $376,334. This translates to an average of about $281 per square foot. The building features several amenities for residents. An exercise room and a community room add to the living experience. It also has a sundeck and bike room. Parking is available in a heated garage for added convenience. The elevator makes access easier for everyone. Units usually spend about 69 days on the market. This gives buyers some time to decide. The structure’s windows provide nice views of the Chicago skyline. The courtyard gardens offer a relaxing environment. Living here means enjoying both comfort and a strong sense of community. The area is busy yet welcoming. Access to parks and outdoor spaces makes it great for those who love nature. This building can be a wonderful place to call home.

Next

Description

The building at 7243 Madison St is located in downtown Forest Park. It sits near major transit options like the Blue and Green Lines and the Metra Train. This spot offers easy access to the city and local attractions. Restaurants like The Original Pancake House, Fat Duck Tavern and Grill, and Petra are just a few steps away. Built in 2005, this low-rise structure consists of 53 units. They range in size from 621 to 1,842 square feet. The available units include one-bedroom and two-bedroom layouts. Prices for these units go from $329,000 to $445,000. The average selling price is around $376,334. This translates to an average of about $281 per square foot. The building features several amenities for residents. An exercise room and a community room add to the living experience. It also has a sundeck and bike room. Parking is available in a heated garage for added convenience. The elevator makes access easier for everyone. Units usually spend about 69 days on the market. This gives buyers some time to decide. The structure’s windows provide nice views of the Chicago skyline. The courtyard gardens offer a relaxing environment. Living here means enjoying both comfort and a strong sense of community. The area is busy yet welcoming. Access to parks and outdoor spaces makes it great for those who love nature. This building can be a wonderful place to call home.

7243 Madison St Market Stats Last 12 months

Avg. Listed Price$350,000($323/Sqft.)

Avg. Sale Price$376,334($281/Sqft.)
Year over year list priceDown Arrow4.89%

Year over year sale priceUp Arrow 9.08%
Total Listings1 Listed

Total sold3 Sold
Average Days on Market69 days

Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceDown Arrow4.89%

Year over year sale priceUp Arrow9.08%
Total Listings1 Listed

Total sold3 Sold
Average Days on Market69 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

7243 Madison St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 21621617922312025-02-07
MLS#: 12208206
Closed$445,000
Unit 201201141822912024-01-17
MLS#: 11910207
Closed$365,000
Unit 216216179223222008-02-26
MLS#: 06790685
Closed$430,000
Unit 201
201

2 Beds

2 Baths

1418 sqft


DateStatusPrice
2024-01-17Closed$365,000
MLS#: 11910207
Days On Market91
Unit 216
216

2 Beds

3 Baths

1792 sqft


DateStatusPrice
2025-02-07Closed$445,000
MLS#: 12208206
Days On Market1
Unit 216
216

2 Beds

3 Baths

1792 sqft


DateStatusPrice
2008-02-26Closed$430,000
MLS#: 06790685
Days On Market22
View Complete Unit Listing HistorySource By: MRED

Amenities

This building doesn’t just offer a place to live; it provides a lifestyle! You’ll enjoy bonus features like a well-equipped exercise room to help you maintain your fitness goals, and elevators to assist with easy access throughout the building. The sundeck is perfect for soaking up the sun or having a relaxing evening with friends. Want to host a gathering? The party room has you covered. For the biking enthusiasts, there’s also a secure bike room and nearby trails, making it easy to stay active while exploring the great outdoors.

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Amenities Description

This building doesn’t just offer a place to live; it provides a lifestyle! You’ll enjoy bonus features like a well-equipped exercise room to help you maintain your fitness goals, and elevators to assist with easy access throughout the building. The sundeck is perfect for soaking up the sun or having a relaxing evening with friends. Want to host a gathering? The party room has you covered. For the biking enthusiasts, there’s also a secure bike room and nearby trails, making it easy to stay active while exploring the great outdoors.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Sundeck

Sundeck

Patio

Patio

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

Comfort is key at 7243 Madison St, and pet lovers will be pleased to know that both cats and dogs are welcome! Just keep in mind there might be specific number and size limits for pets. This creates a manageable environment where all residents can feel comfortable and at home.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
7243 Madison St$281/sqft.$3 /sqft.
Madison Commons$257/sqft.$3 /sqft.
7320 W Madison$156/sqft.$7 /sqft.
315 Marengo Ave$149/sqft.$4 /sqft.
Heritage House Condominiums$172/sqft.$4 /sqft.
320 Circle Ave$172/sqft.$4 /sqft.

Nearby Schools

Discover top-rated schools located close to 7243 Madison St.

Montessori Language Academy

--
Private|Grades PK–KG
314 Circle Ave|0.16 miles away

Garfield Elementary School

--
Public|Grades PK–2
543 Hannah Ave|0.38 miles away

Grant-White Elementary School

B
Public|Grades 3–5
147 Circle Ave|0.43 miles away

Gwendolyn Brooks Middle School

C+
Public|Grades 6–8
325 S Kenilworth A...|0.66 miles away

The Field School

--
Private|Grades PK–6
931 Lake St|0.95 miles away

Forest Park Middle School

C
Public|Grades 6–8
925 Beloit Ave|0.99 miles away
Next

Schools

Montessori Language Academy

--
Private|Grades PK–KG
314 Circle Ave|Less than 1 Mile Away

Garfield Elementary School

--
Public|Grades PK–2
543 Hannah Ave|Less than 1 Mile Away

Grant-White Elementary School

B
Public|Grades 3–5
147 Circle Ave|Less than 1 Mile Away

Gwendolyn Brooks Middle School

C+
Public|Grades 6–8
325 S Kenilworth A...|Less than 1 Mile Away

The Field School

--
Private|Grades PK–6
931 Lake St|Less than 1 Mile Away

Forest Park Middle School

C
Public|Grades 6–8
925 Beloit Ave|Less than 1 Mile Away

Field Stevenson Elementary School

B+
Public|Grades 3–5
925 Beloit Ave|Less than 1 Mile Away

Lincoln Elementary School

A
Public|Grades KG–4
511 Park Ave|1.20 Miles Away

Ascension Elementary School

--
Private|Grades PK–8
601 Van Buren St|1.28 Miles Away

Fenwick High School

--
Private|Grades 9–12
505 Washington Blv...|1.29 Miles Away

Roosevelt School

A-
Public|Grades 5–8
7560 Oak Ave|1.30 Miles Away

Abraham Lincoln Elementary School

B+
Public|Grades KG–5
1111 S Grove Ave|1.32 Miles Away

La Casa Montessori School

--
Private|Grades PK–4
608 Harrison St|1.35 Miles Away

Intercultural Montessori Language School

--
Private|Grades PK–KG
301 S Ridgeland Av...|1.54 Miles Away

West Suburban Montessori School

--
Private|Grades PK–5
1039 S East Ave|1.56 Miles Away

Oliver W Holmes Elementary School

B+
Public|Grades KG–5
508 N Kenilworth A...|1.57 Miles Away

Oak Park & River Forest High School

A
Public|Grades 9–12
201 N Scoville Ave|1.58 Miles Away

Betsy Ross Elementary School

--
Public|Grades KG–2
1315 Marengo Ave|1.59 Miles Away

Percy Julian Middle School

C+
Public|Grades 6–8
416 S Ridgeland Av...|1.60 Miles Away

Longfellow Elementary School

B-
Public|Grades PK–5
715 Highland Ave|1.74 Miles Away

Proviso East High School

F
Public|Grades 9–12
807 S 1st Ave|1.83 Miles Away

Concordia Univ Early Childhood Education Center

--
Private|Grades PK–KG
7400 Augusta St|1.86 Miles Away

Irving Elementary School

B+
Public|Grades KG–5
1125 S Cuyler Ave|1.97 Miles Away

Grace Lutheran School

--
Private|Grades PK–8
7300 Division St|1.97 Miles Away

William Beye Elementary School

C
Public|Grades KG–5
230 N Cuyler Ave|1.98 Miles Away

Prairie Oak School

B+
Public|Grades PK–5
1427 Oak Park Ave|2.00 Miles Away

Jefferson Elementary School

B
Public|Grades PK–5
7035 16th St|2.04 Miles Away

Children's School of Oak Park

--
Private|Grades KG–8
1428 Wesley Ave|2.06 Miles Away

Emerson Elementary School

C
Public|Grades PK–5
311 Washington Blv...|2.11 Miles Away

Trinity High School

--
Private|Grades 9–12
7574 Division St|2.13 Miles Away

St Catherine Siena-St Lucy School

--
Private|Grades PK–8
27 Washington Blvd|2.14 Miles Away

Horace Mann Elementary School

A-
Public|Grades KG–5
921 N Kenilworth A...|2.20 Miles Away

Proviso Math and Science Academy

A+
Public|Grades 9–12
8601 Roosevelt Rd|2.24 Miles Away

Willard Elementary School

A-
Public|Grades PK–4
1250 Ashland Ave|2.31 Miles Away

Little Folks Cottage Daycare & Nursery

--
Private|Grades PK–KG
5926 W Madison St|2.34 Miles Away

Karel Havlicek Elementary School

B
Public|Grades PK–5
6401 15th St|2.39 Miles Away

Whittier Elementary School

A
Public|Grades PK–5
715 N Harvey Ave|2.45 Miles Away

St Giles School

--
Private|Grades PK–8
1034 Linden Ave|2.52 Miles Away

Lincoln Middle School

B
Public|Grades 6–8
6432 16th St|2.53 Miles Away

Warren Park Elementary School

C-
Public|Grades PK–6
1225 S 60th Ct|2.62 Miles Away

St Vincent Ferrer Elementary School

--
Private|Grades PK–8
1515 Lathrop Ave|2.62 Miles Away

Garfield Elementary School

D
Public|Grades PK–5
1514 S 9th Ave|2.62 Miles Away

Tender Care Early Learning Center

--
Private|Grades PK–KG
1901 S 9th Ave|2.68 Miles Away

Keystone Montessori School

--
Private|Grades PK–8
7415 North Ave|2.69 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

40 Madison St

1.6 miles away|31 min walk

8300 Roosevelt Rd

1.93 miles away|38 min walk

5th/School

2.21 miles away|43 min walk

5th/Madison

2.21 miles away|43 min walk

5th/Green

2.22 miles away|43 min walk

5th/Warren

2.22 miles away|43 min walk
Next

Transit

40 Madison St

1.6 miles away|31 min walk

8300 Roosevelt Rd

1.93 miles away|38 min walk

5th/School

2.21 miles away|43 min walk

5th/Madison

2.21 miles away|43 min walk

5th/Green

2.22 miles away|43 min walk

5th/Warren

2.22 miles away|43 min walk

5th/Legion

2.22 miles away|43 min walk

5th/Walnut

2.23 miles away|43 min walk

5th/Wilcox

2.23 miles away|43 min walk

Austin (Blue)

2.23 miles away|43 min walk

Austin-Blue

2.23 miles away|43 min walk

5th/Washington

2.24 miles away|43 min walk

Austin & Adams

2.24 miles away|43 min walk

Austin/Adams

2.24 miles away|43 min walk

5th/Pine

2.25 miles away|44 min walk

5th/Quincy

2.26 miles away|44 min walk

Austin/Fulton/Pleasant

2.27 miles away|44 min walk

5th/Randolph

2.27 miles away|44 min walk

Austin & Fulton/Pleasant

2.27 miles away|44 min walk

5th/Van Buren

2.27 miles away|44 min walk

5th/Maple

2.29 miles away|44 min walk

5th/Congress

2.3 miles away|44 min walk

Austin & Corcoran/South Blvd (Green Line)

2.3 miles away|45 min walk

5th/Oak

2.31 miles away|45 min walk

Austin/Corcoran/South Blvd./CTA Green Line

2.31 miles away|45 min walk

5th/Harrison

2.32 miles away|45 min walk

5th/Bataan

2.34 miles away|45 min walk

5th/St. Charles

2.36 miles away|46 min walk

1st Ave & Roosevelt Rd

2.37 miles away|46 min walk

5th/Lexington

2.38 miles away|46 min walk

Austin Blue Line Station

2.38 miles away|46 min walk

5th/Main

2.38 miles away|46 min walk

5th/Lake

2.44 miles away|47 min walk

5th/Harvard

2.44 miles away|47 min walk

Austin & Erie

2.46 miles away|48 min walk

5900 W Jackson

2.47 miles away|48 min walk

5th/Erie

2.47 miles away|48 min walk

5th/Huron

2.51 miles away|49 min walk

5th/Fillmore

2.52 miles away|49 min walk

2nd Ave & Loyola Hospital/Medical Center Ent.

2.52 miles away|49 min walk

Austin & Fillmore

2.53 miles away|49 min walk

Austin/Fillmore

2.54 miles away|49 min walk

5th/Superior

2.55 miles away|49 min walk

5th Ave & Roosevelt Rd

2.59 miles away|50 min walk

5th/Chicago

2.59 miles away|50 min walk

Austin & Chicago

2.6 miles away|50 min walk

2nd Ave & Surgical Pavilion Ent.

2.61 miles away|51 min walk

5th/Rice

2.63 miles away|51 min walk

5700 W Jackson

2.68 miles away|52 min walk

5th/Hugh Muir

2.68 miles away|52 min walk

The Neighbourhood: 7243 Madison St

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7243 Madison St Demographics

Age Demographics

0–14 Years

14.13%

15–29 Years

17.52%

30–44 Years

24.92%

45–59 Years

20.04%

60+ Years

23.38%

Commute

20.81%

Transit

5.41%

Walk

55.73%

Drive

0.73%

Bike

Housing Ownership

44.39%

Owner Occupied

55.61%

Rental Units

Household Types

Single Family
19.04%
Multi Family
2.23%
Single Person
49.23%
Multi Person
50.77%

Average Income

Household:$9,616,934.07 /yr

Individual:$5,692,699.28 /yr

Education

Bachelors Degree32.43%
High School College10.95%
Diploma6.38%
Post Graduate33.36%
Others16.88%
Next

Education

Diploma6.38%
Post Graduate33.36%
Others16.88%
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  2. /Forest Park, IL
  3. /
    7243 Madison St
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6009360101601126012460139601796018160184603026040860453604996051960546605566061460827
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Huntley, Illinois 60142

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