7324 Madison St, Forest Park, IL 60130 Property Records

Cook County property record for 7324 Madison St, Forest Park, IL 60130

Property Summary

Property Type	Commercial Condominium
Details	4,033 sqft · built 1939
Lot Size	0.172 acres (7,499 sqft)
Owner	Company Name on Record
Last Sale	$155,000 (Apr 2021)
Tax Bill	$26,755 (2023)
Deeds & Mortgages	Feb 2022 Mortgage Apr 2021 Sale + 2 more
Flood Zone	Zone X (minimal risk)
APN	`15-13-205-032-1010`

Property Details

APN / Parcel Number

Primary APN	`15-13-205-032-1010`

Interior

Building Area	4,033 sqft Gross Area

Exterior

Year Built	Built 1939
Effective Year Built	Effective 1939
Lot Area	7,499 sqft (0.172 acres)

Location & Zoning

Street Address	7324 MADISON ST, 10
City	FOREST PARK
State	IL
Zip	60130-1706
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Condominium
Legal Subdivision	TUSCAN LOFTS CONDOS
Legal Lot Number	5
Jurisdiction	COOK IL
Township / Civil Division	PROVISO
Census Block Group	1
Census Block	1002
Census Tract	816000

Owner

Source: Cook County records, as of May 27, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	4037 N RICHMOND ST, CHICAGO, IL 60618-2611
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 24, 2022	Deed of Trust, Mortgage · Commercial Mortgage FIRST MIDWEST BANK
Apr 5, 2021	Warranty Deed, Transfer PRAIRIE TITLE
Jul 26, 2018	Deed of Trust, Mortgage GRAND RIDGE NAT'L BK
Dec 18, 2017	Warranty Deed, Transfer · Line of Credit GRAND RIDGE NAT'L BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 5, 2021 · Amount on Record
Deed Sale	Apr 5, 2021 · Amount on Record
Prior Sale	Dec 18, 2017 · Amount on Record
Deed Document Number	20217341
Record Updated	Sep 20, 2026

February 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	7324 MADISON ST # 10, 10, FOREST PARK, IL 60130-1706
Transaction Type	Mortgage
Record Updated	May 8, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	410 CIRCLE AVE, FOREST PARK, IL 60130-1734

Mortgage

Document Number	0005520438
Date	Feb 24, 2022
Instrument	2205520438

Lender

Name	FIRST MIDWEST BANK
Type	Bank
Address	CHICAGO, IL 60631

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

April 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Apr 5, 2021
Property Address	7324 MADISON ST # 10, 10, FOREST PARK, IL 60130-1706
Document Number	0009507341
Map Reference	MB 33 PG 43
Instrument Date	Mar 12, 2021
Instrument	2109507341
Transaction Type	Transfer
Record Updated	May 8, 2026
Title Company	PRAIRIE TITLE

Transaction

Amount	Amount Recorded
Tax	$155.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4037 N RICHMOND ST, CHICAGO, IL 60618-2611

July 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	7324 MADISON ST, FOREST PARK, IL 60130-1706
Document Number	1822047006
Instrument Date	Jul 26, 2018
Transaction Type	Mortgage
Record Updated	Aug 21, 2018
Title Company	BARRISTER TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1 GALE AVE #4A RIVER FOREST IL 603052000, 4A, RIVER FOREST, IL 60305-2000

Mortgage

Document Number	1822047006
Date	Aug 8, 2018
Instrument	22047006

Lender

Name	GRAND RIDGE NAT'L BK
Type	Bank
Address	WHEATON, IL 60187

Agreement

Amount	Amount Recorded
Term	60 Months
Due	Aug 7, 2023

Interest

Rate	6.5%

December 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Dec 18, 2017
Property Address	7324 MADISON ST, FOREST PARK, IL 60130-1706
Document Number	1735229111
Instrument Date	Dec 14, 2017
Instrument	35229111
Transaction Type	Transfer
Record Updated	Jan 3, 2018
Title Company	OTHER

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$275.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1 GALE AVE #4A RIVER FOREST IL 603052000, 4A, RIVER FOREST, IL 60305-2000

Mortgage

Document Number	1735229112
Date	Dec 18, 2017
Instrument	35229112

Lender

Name	GRAND RIDGE NAT'L BK
Type	Bank
Address	WHEATON, IL 60187

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Proviso Township
Municipality	Forest Park Village
Elementary School District	Forest Park School District 91 (PK - 08)
Secondary School District	Proviso Township High School District 209 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$115,601 (+109.54%) Land $5,089 Building $110,512	$462,404 (+109.54%) Land $20,356 Building $442,048
2023	$26,755.00 (+35.31%)
2022	$19,773.00	$55,170 Land $5,088 Building $50,082	$220,680 Land $20,352 Building $200,328

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (2013)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Apr 2013 · Severe Storms, Straight-line Winds, And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	FOREST PARK serves 14,340 people · EPA ID IL0310900
Water Source	Purchased surface water from several systems
Last State Inspection	Dec 2024
Lead	7 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 700 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
AT&T DSL · Fiber, Fixed Wireless in parts of the area	100 / 20

May also be available: T-Mobile, Verizon, Zentro.

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