10 Hours Ago
Location
7416 Madison St, Forest Park, IL 60130, USA
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Property Overview
7416-18 Madison Street has a Zumper expert rating with identified pros and notable features, suggesting a well-rounded property profile. It is presented as a strong option with a mix of practical advantages and features worth noting.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elementary school nearby
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 1,350 sqft | $2,095 /mo | 1 unit available | FOREST PARK- Comfortable, well-located living awaits in the heart of Forest Park at 7416–18 Madison Street. These 2 bed / 1 bath units feature bright living areas, a practical kitchen layout, well-sized bedrooms, and great natural light throughout. The floor plan offers strong functionality and a warm residential feel, ideal for residents seeking both comfort and convenience. With steps-away access to Madison Street’s restaurants, boutiques, cafés, parks, and public transit, this location delivers walkability, charm, and everyday ease in one of the area’s most vibrant corridors. 1 parking space available for additional $75/month. |
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One-time.
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Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 2 |
|---|
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About 7416-18 Madison Street
FOREST PARK- Comfortable, well-located living awaits in the heart of Forest Park at 7416–18 Madison Street. These 2 bed / 1 bath units feature bright living areas, a practical kitchen layout, well-sized bedrooms, and great natural light throughout. The floor plan offers strong functionality and a warm residential feel, ideal for residents seeking both comfort and convenience. With steps-away access to Madison Street’s restaurants, boutiques, cafés, parks, and public transit, this location delivers walkability, charm, and everyday ease in one of the area’s most vibrant corridors. 1 parking space available for additional $75/month.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 7416-18 Madison Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 7416-18 Madison Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
7416-18 Madison Street stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 7416-18 Madison Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
7416-18 Madison Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 7416-18 Madison Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
7416-18 Madison Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 7416-18 Madison Street compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 236 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Forest Park
2-bedroom apartments at 7416-18 Madison Street cost about 14% less than the average rent price for 2-bedroom apartments in Forest Park.
Median rents as of Jun 6 2026.
Forest Park
| Month | Median Rent |
|---|---|
| June 2024 | $950 |
| July 2024 | $950 |
| August 2024 | $1,020 |
| September 2024 | $1,092 |
| February 2025 | $1,100 |
| March 2025 | $1,100 |
| April 2025 | $1,100 |
| May 2025 | $1,033 |
| June 2025 | $962 |
| July 2025 | $975 |
| August 2025 | $1,057 |
| September 2025 | $1,168 |
| October 2025 | $1,079 |
| November 2025 | $1,005 |
| December 2025 | $1,425 |
| January 2026 | $1,419 |
| February 2026 | $1,311 |
| March 2026 | $1,081 |
| April 2026 | $1,075 |
| May 2026 | $1,059 |
| June 2026 | $1,035 |
Affordability calculator
Can I afford to live at 7416 Madison St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$83,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $83,800 annually to afford this 2-bedrooms monthly rent price of $2,095.
For more information on rent affordability, visit our rent calculator.
Schools near 7416-18 Madison Street
Garfield Elementary School
543 hannah ave
forest park, IL, 60130
PK, K-2Public
B+
Lindop Elementary School
2400 s 18th ave
broadview, IL, 60155
PK, K-8Public
C+
Komarek Elementary School
8940 w 24th st
north riverside, IL, 60546
PK, K-8Public
B
Rhodes Elementary School
8931 fullerton ave
river grove, IL, 60171
PK, K-8Public
C
River Grove Elementary School
2650 thatcher ave
river grove, IL, 60171
PK, K-8Public
B
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Internet available near 7416-18 Madison Street
Getting around Forest Park near 7416 Madison St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
6/10
Popular public transit options are just a short walk from this location.
Points of interest for 7416 Madison St, Forest Park
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
8/10
Wide variety of bars within a few minutes' walk
Explore the area around 7416 Madison St
ALDI
215 Harlem Ave
Whole Foods Market
7245 Lake St
Jewel-Osco
7525 Lake St
Jewel Food Stores Inc
7523 Lake St
Wild Fork
435 N Harlem Ave
Army Navy Store
7351 Madison St
Teamblonde
7442 Madison St
Luxe Piercing Boutique
7439 Madison St
Jayne
7500 Madison St
Craig's Shoes
409 Beloit Ave
Counter Coffee Bar
7324 Madison St
Kribi Coffee Company
7324 Madison St
U3 Coffee
7430 Madison St
Todd & Holland Tea Merchants
7311 Madison St
Starbucks
7231 Madison St
Scratch Kitchen & Lounge
7505 Madison St
Duffy's Tavern
7513 Madison St
Angelo O'Learys
7522 Madison St
Rocco's Bar & Grill
7600 Madison St
Fat Duck
7218 Madison St
Pastries By Kay
7332 Madison St
Mr Beef
123 Harlem Ave
Blackout Baking Co
210 S Marion St
Sugar Fixe Patisserie
119 N Marion St
Wise Cup
1018 Lake St
Popelka Park
Playground
Playground
Garden
Remembrance Park
Mexican Republic
7404 Madison St
The Lantern Haus
7414 Madison St
Louie's Grill
7422 Madison St
Jimmy's Place
7411 Madison St
Twisted Cookie
7401 Madison St
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