Madison Commons
7243 W Madison Avenue, Forest Park, IL, 60130
Year Built
2005
# Stories
-
# Total Units
51
Unit Size Range
1,742-1,842 sqft
Unit Demand
-
Unit Availability
-
About Madison Commons
Madison Commons is at the corner of Madison Avenue and 72nd Street in Forest Park. This building stands out with its modern design and is 3 stories high. It houses a total of 51 units, crafted with attention to comfort and functionality. Constructed in 2005, the units range from 1,742 to 1,842 square feet. Buyers can find options with 1 or 2 bedrooms. The prices for these units fall between $430,000 and $445,000. This results in an average price per square foot close to $257, providing good value in the area. Units typically spend about 81 days on the market. This gives buyers ample time to choose the right fit for their needs. The average closed price has reached around $387,000, reflecting the community's demand and appeal. Residents enjoy various amenities that include an exercise room, a sundeck, and a party room. There are also facilities for bike storage and access to bike trails. This fosters an active lifestyle and encourages social interaction among residents. Dining options nearby include favorites like The Original Pancake House, Fat Duck Tavern and Grill, and Petra. These choices add convenience for leisurely meals and quick bites. The area has a lively atmosphere and a strong sense of community. The building's location allows for easy travel, thanks to nearby roads. It also provides quick access to local parks for recreational activities. Lake Michigan lies within a short drive, inviting outdoor enthusiasts to explore its shores.
Amenities
Living at Madison Commons isn’t just about the spacious units. The building brings a host of amenities right to your doorstep. Imagine kicking off your day with a workout in the exercise room or enjoying sunny afternoons on the sundeck. With added perks like an elevator for easy access, a bike room for your two-wheeled adventures, and a party room for gatherings with friends, this building is designed with a lifestyle in mind. You’ll have everything you need to make the most of your everyday living.
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
As a pet owner or someone considering furry friends in the future, you'll be happy to know that Madison Commons welcomes pets, so cats and dogs are both allowed. This flexibility is great for young buyers who want to share their living space with their beloved companions. Just remember, there are some size and number limits to ensure a good balance within the community.
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
Madison Commons Market Report (last 12 months)
0
81
12.17%
2Madison Commons Sales History
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
 | 216 | 1792 | 2 | 3 | 1 | 2025-02-07 MLS#: 12208206 | Closed | $445,000 |
 | 201 | 1418 | 2 | 2 | 91 | 2024-01-17 MLS#: 11910207 | Closed | $365,000 |
 | 216 | 1792 | 2 | 3 | 22 | 2008-02-26 MLS#: 06790685 | Closed | $430,000 |
2 Beds
2 Baths
1418 sqft
| Date | Status | Price |
|---|---|---|
| 2024-01-17 | Closed | $365,000 |
2 Beds
3 Baths
1792 sqft
| Date | Status | Price |
|---|---|---|
| 2025-02-07 | Closed | $445,000 |
2 Beds
3 Baths
1792 sqft
| Date | Status | Price |
|---|---|---|
| 2008-02-26 | Closed | $430,000 |
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 Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| Madison Commons | $257/sqft. | $3 /sqft. |
| 7243 Madison St | $281/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 Madison Commons.
Montessori Language Academy
--Garfield Elementary School
--Grant-White Elementary School
BGwendolyn Brooks Middle School
C+The Field School
--Forest Park Middle School
C
View nearby schools
Schools
Montessori Language Academy
--Garfield Elementary School
--Grant-White Elementary School
BGwendolyn Brooks Middle School
C+The Field School
--Forest Park Middle School
CField Stevenson Elementary School
B+Lincoln Elementary School
AAscension Elementary School
--Fenwick High School
--Roosevelt School
A-Abraham Lincoln Elementary School
B+La Casa Montessori School
--Intercultural Montessori Language School
--West Suburban Montessori School
--Oliver W Holmes Elementary School
B+Oak Park & River Forest High School
ABetsy Ross Elementary School
--Percy Julian Middle School
C+Longfellow Elementary School
B-Proviso East High School
FConcordia Univ Early Childhood Education Center
--Irving Elementary School
B+Grace Lutheran School
--William Beye Elementary School
CPrairie Oak School
B+Jefferson Elementary School
BChildren's School of Oak Park
--Emerson Elementary School
CTrinity High School
--St Catherine Siena-St Lucy School
--Horace Mann Elementary School
A-Proviso Math and Science Academy
A+Willard Elementary School
A-Little Folks Cottage Daycare & Nursery
--Karel Havlicek Elementary School
BWhittier Elementary School
ASt Giles School
--Lincoln Middle School
BWarren Park Elementary School
C-St Vincent Ferrer Elementary School
--Garfield Elementary School
DTender Care Early Learning Center
--Transit
Experience convenience and connectivity with premium transit options just moments away.
40 Madison St
8300 Roosevelt Rd
5th/School
5th/Madison
5th/Green
5th/Warren
View nearby transit options
Transit
40 Madison St
8300 Roosevelt Rd
5th/School
5th/Madison
5th/Green
5th/Warren
5th/Legion
5th/Walnut
5th/Wilcox
Austin (Blue)
Austin-Blue
Austin & Adams
5th/Washington
Austin/Adams
5th/Pine
5th/Quincy
Austin/Fulton/Pleasant
Austin & Fulton/Pleasant
5th/Randolph
5th/Van Buren
5th/Maple
5th/Congress
Austin & Corcoran/South Blvd (Green Line)
Austin/Corcoran/South Blvd./CTA Green Line
5th/Oak
5th/Harrison
5th/Bataan
5th/St. Charles
1st Ave & Roosevelt Rd
5th/Lexington
Austin Blue Line Station
5th/Main
5th/Lake
5th/Harvard
Austin & Erie
5900 W Jackson
5th/Erie
5th/Huron
2nd Ave & Loyola Hospital/Medical Center Ent.
5th/Fillmore
Austin & Fillmore
Austin/Fillmore
5th/Superior
5th Ave & Roosevelt Rd
Austin & Chicago
5th/Chicago
2nd Ave & Surgical Pavilion Ent.
5th/Rice
5700 W Jackson
5th/Hugh Muir
The Neighborhood:
HelloCondo is a division of HelloCasa, LLC
Atlanta, GA 30339
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142