7401 Madison St Forest Park, IL 60130-2734
Property profile & analytics
7401 Madison St, Forest Park, IL 60130-2734
- Retail space
- 9,250 SF
- 0.14 lot acres
Property ID
US28-0855247
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 7401 Madison St
- Year built
- 1910
- Lot size
- 0.14 lot acres
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 15-12-433-029
- APU
- 1512433029
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 12, 2018 | $1,275 | Asm Properties LLC | Chicago Title Land Trust Co | Grant Deed · related | — |
| May 16, 2003 | — | Forest Park Natl Bk | Windmill Enterprises INC | Grant Deed · related | — |
| Jan 16, 2002 | — | Windmill Enterprises INC | North Star Trust Co Trustee | Grant Deed · related | — |
| Sep 12, 2001 | $525,000 | North Star Trust Co Trustee | Forest Park Natl Bk&tr Ttee | Grant Deed | $525k · Windmill Enterprises INC |
| Jul 30, 1998 | — | Forest Park Nat'l Bk & Tr Ttee | American Nat'l Bk & Tr Trustee | Grant Deed · related | — |
| — | — | Forest Park Trustee | — | Deed Of Trust · related | $150k · American Chartered Bank |
| — | — | Trust 001170 | — | Deed Of Trust · related | $600k · Beverly Bank & Trust Co NA |
| — | — | Trust 001170 | — | Deed Of Trust · related | $70k · Cole Taylor Bank |
| — | — | Trust 001170 | — | Deed Of Trust · related | $720k · Cole Taylor Bank |
| — | — | Forest Park National Bk & Trust Co | — | Deed Of Trust · related | $695k · Cole Taylor Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,404,000
- AI Estimate
- $897,000
Market price range: $647k - $2.50MMarket price range: $389k - $1.42M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,380,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,720,000 Change: +25% Conversion: Difficult
- OFFICE BUILDING
- $1,235,000 Change: -10% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,120,000 Change: -19% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Forest Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.8097
- Latitude
- 41.8798
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$68,126
$21,875
$168,200
$190,075
-
$87,500
$672,800
$760,300