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$350,000

7243 Madison St Unit 311 Forest Park, IL 60130

2 beds
2 full
1,085 sqft
$323 / sqft
Condo

Property details

About 7243 Madison St Unit 311

Rare opportunity to get into a highly sought after condo building! This two-bedroom, two-bathroom condominium in the heart of downtown Forest Park offers an array of modern features and amenities. The residence features approximately 1,085 square feet of bright living space and boasts BRAND NEW engineered hardwood flooring and HVAC system installed MAY/JUNE of 2025. Includes in-unit laundry facilities which add to the ease of daily living along with a storage unit that is conveniently located on the same floor. This listing includes TWO deeded parking spaces, in a secure, heated garage. Residents can also enjoy access to the on-site exercise room, community gathering space and garden in the back. The elevator-equipped building offers seamless accessibility. Step right out your door to restaurants, shops and entertainment as well as a quick walk to the Blue Line and the Park District of Forest Park.

Highlights

Home typeCondominium
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air
Size1,085 sqft
Year built2005
ParkingHeated Garage, On Site, Attached, Garage
MLS #12366317
Garage2 spaces

Summary

  • Full Bathrooms: 2
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Gas Cooktop, Gas Oven
  • Basement: No
  • Interior: Elevator, Storage, Lobby, Shops
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Parking: Heated Garage, On Site, Attached, Garage
  • Exterior: Balcony
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • List Price: $350,000
  • Price/SqFt: $322
  • HOA Amount: $485 Monthly
  • Directions: Harlem Ave. to Madison St., West on Madison to property. Street parking available.
  • Year Built: 2005
  • Stories: 1
  • Living Area: 1,085 SqFt
  • MLS Number: 12366317
  • MLS Name: MRED
  • Office Name: Coldwell Banker Realty
  • Office Phone: (708) 524-1100
  • Office Email: oakparkoffice@cbexchange.com
  • Listing Agent: Katherine Trankina

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Price information

Property sales

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Tax history

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Nearby schools

3

Field Stevenson Elementary School

Public District 3-5

0.7 mi

925 Beloit Ave

10

Lincoln Elementary School

Public District KG-4

0.9 mi

511 Park Ave

5

Abraham Lincoln Elementary School

Public District KG-5

1.0 mi

1111 S Grove Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,056. Most Forest Park, IL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

38%
<35k
44%
35k-100k
16%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

81%
Single, No Kids
4%
Single, with Kids
12%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
1%
12-17 yrs old
29%
18-34 yrs old
46%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • TennisTennis

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • ToyotaToyota
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7243 Madison St Unit 311

The listing price of 7243 Madison St Unit 311 property is $350,000.

The property 7243 Madison St Unit 311 is a condo located in Forest Park, Illinois, 60130.

Accepting Backup Offers: 7243 Madison St Unit 311 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 7243 Madison St Unit 311 are: Field Stevenson Elementary School (GreatSchools Rating 3/10), Lincoln Elementary School (GreatSchools Rating 10/10), Abraham Lincoln Elementary School (GreatSchools Rating 5/10), Brooks Middle School (GreatSchools Rating 6/10), Forest Park Middle School (GreatSchools Rating 4/10), Roosevelt School (GreatSchools Rating 8/10), Oak Park & River Forest High School (GreatSchools Rating 8/10), Proviso East High School (GreatSchools Rating 2/10), Proviso Math and Science Academy (GreatSchools Rating 10/10).

The property at 7243 Madison St Unit 311 has 2 bedrooms and 2 bathrooms.

The property 7243 Madison St Unit 311 is 1,085 SqFt (source: MLS/tax record).

The year of construction for 7243 Madison St Unit 311 is 2005.

This home is located at 7243 Madison St Unit 311 in Forest Park, IL and zip code 60130. This 1,085 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $350,000.

In June 2025, from all listings sold in Forest Park, IL there were more than 10 sold above asking price, over 9 sold below and more than 2 were sold right at the asked price. The number of listings in Forest Park, IL increased by 10.7% between May and June 2025. In June 2025 median list price was $309,750 and the average listing age was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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