Welcome to this updated 2-bedroom, 2-bathroom condo in the desirable Madison Place community. The bright eat-in kitchen features stainless steel appliances, along with generous cabinet and counter space. The open living/dining area showcases wood laminate flooring and sliding glass doors that lead to a private balcony with serene treetop views-perfect for relaxing or entertaining. Large windows provide abundant natural light in both bedrooms. The spacious primary suite includes a walk-in closet and a private ensuite bathroom with a shower. Additional highlights include: In-unit washer/dryer, Indoor heated garage parking space (#43) and Secure storage unit. Tastefully updated lobby and mailroom, Pet-friendly elevator building. Monthly assessment covers heat, water, cable, and exterior maintenance. Ideally located in downtown Skokie with easy access to the train, buses, schools, parks, dining, cafes, shopping, entertainment, Skokie Public Library, Village hall and post office. Rentals are allowed with cap, making this a great opportunity for homeowners and investors alike.
Closed
$343,250
5055 Madison St Unit 402, Skokie, IL 60077
2beds
1,200sqft
Condominium, Single Family Residence
Built in 2000
-- sqft lot
$344,500 Zestimate®
$286/sqft
$3,038 Estimated rent
Home value
$344,500
$313,000 - $379,000
$3,038/mo
Zestimate® history
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$2,973/mo
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List your homeWhat's special
Bright eat-in kitchenSliding glass doorsWood laminate flooringStainless steel appliancesWalk-in closetSpacious primary suite
Zillow last checked:
Listing updated:
Listed by:
Grace Diaz-Herrera 312-835-9835,
Jameson Sotheby's Intl Realty
Bought with:
Omar Gregory Salem
Kale Realty
Source: MRED as distributed by MLS GRID,MLS#: 12671292
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Foyer, Walk In Closet, Balcony/Porch/Lanai
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Main
- Area: 247 Square Feet
- Dimensions: 13X19
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Balcony porch lanai
- Level: Main
- Area: 84 Square Feet
- Dimensions: 14X6
Dining room
- Features: Flooring (Wood Laminate), Window Treatments (All)
- Level: Main
- Dimensions: COMBO
Foyer
- Features: Flooring (Ceramic Tile), Window Treatments (All)
- Level: Main
- Area: 30 Square Feet
- Dimensions: 5X6
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Ceramic Tile)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11X12
Living room
- Features: Flooring (Laminate)
- Level: Main
- Area: 273 Square Feet
- Dimensions: 13X21
Walk in closet
- Features: Flooring (Carpet)
- Level: Main
- Area: 42 Square Feet
- Dimensions: 7X6
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Laundry: In Unit
Features
- Elevator, Storage, Walk-In Closet(s), Dining Combo, Lobby
- Flooring: Laminate, Carpet
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Heated Garage, Yes, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Two or More Access Exits, Main Level Entry, No Interior Steps, Disability Access
Features
- Exterior features: Balcony
Details
- Parcel number: 10214050771008
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Subdivision: Madison Place
HOA
- Has HOA: Yes
- Amenities included: Elevator in Residence, Storage, Elevator(s)
- Services included: Heat, Water, Gas, Parking, Insurance, Cable TV, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $526 monthly
Location
- Region: Skokie
Financial & listing details
- Price per square foot: $286/sqft
- Tax assessed value: $219,770
- Annual tax amount: $7,469
- Date on market: 6/8/2026
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Sold | $343,250+1.3%$286/sqft |
Source:  MRED as distributed by MLS GRID #12671292 Report a problem | ||
| 6/15/2026 | Contingent | $339,000$283/sqft |
Source: MRED as distributed by MLS GRID #12671292 Report a problem | ||
| 6/8/2026 | Listed for sale | $339,000$283/sqft |
Source: MRED as distributed by MLS GRID #12671292 Report a problem | ||
| 5/18/2026 | Listing removed | $339,000$283/sqft |
Source: MRED as distributed by MLS GRID #12594123 Report a problem | ||
| 4/7/2026 | Contingent | $339,000$283/sqft |
Source: MRED as distributed by MLS GRID #12594123 Report a problem | ||
| 3/26/2026 | Price change | $339,000-3.1%$283/sqft |
Source: MRED as distributed by MLS GRID #12594123 Report a problem | ||
| 3/17/2026 | Listed for sale | $350,000+34.6%$292/sqft |
Source: MRED as distributed by MLS GRID #12594123 Report a problem | ||
| 3/15/2022 | Sold | $260,000$217/sqft |
Source: MRED as distributed by MLS GRID #11253291 Report a problem | ||
| 1/25/2022 | Contingent | $260,000$217/sqft |
Source: MRED as distributed by MLS GRID #11253291 Report a problem | ||
| 1/20/2022 | Listed for sale | $260,000$217/sqft |
Source: MRED as distributed by MLS GRID #11253291 Report a problem | ||
| 12/30/2021 | Contingent | $260,000$217/sqft |
Source: MRED as distributed by MLS GRID #11253291 Report a problem | ||
| 11/12/2021 | Price change | $260,000-5.5%$217/sqft |
Source: MRED as distributed by MLS GRID #11253291 Report a problem | ||
| 10/22/2021 | Listed for sale | $275,000+7.8%$229/sqft |
Source: MRED as distributed by MLS GRID #11253291 Report a problem | ||
| 12/5/2003 | Sold | $255,000$213/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $21,977 +0% |
| 2023 | $6,854 +0.1% | $21,975 |
| 2022 | $6,850 +0.5% | $21,975 +16.8% |
| 2021 | $6,816 +0.7% | $18,820 |
| 2020 | $6,768 +0.1% | $18,820 -10.5% |
| 2019 | $6,761 +17% | $21,033 +30.3% |
| 2018 | $5,779 -0.4% | $16,141 |
| 2017 | $5,805 +6.1% | $16,141 |
| 2016 | $5,469 +29.8% | $16,141 +36.8% |
| 2015 | $4,212 +2.3% | $11,796 |
| 2014 | $4,118 -1.3% | $11,796 |
| 2013 | $4,173 +7.9% | $11,796 0% |
| 2012 | $3,868 -27.6% | $11,797 -31.4% |
| 2011 | $5,340 -10.7% | $17,198 -12.3% |
| 2010 | $5,978 +7.6% | $19,600 -2.4% |
| 2009 | $5,554 +9% | $20,073 -12% |
| 2008 | $5,097 -0.9% | $22,811 -5.9% |
| 2007 | $5,144 -7.4% | $24,254 |
| 2006 | $5,557 | $24,254 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- NAMadison Elementary SchoolGrades: PK-2Distance: 0.1 mi
- 6/10Lincoln Jr High SchoolGrades: PK,6-8Distance: 0.5 mi
- 6/10Niles West High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Madison Elementary School
- Middle: Lincoln Junior High School
- High: Niles West High School
- District: 69
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$344,500
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Estimated market value
$344,500
- Illinois
- Cook County
- Skokie
- 60077
- Downtown
- 5055 Madison St Unit 402
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