Welcome to Madison Place! This stunning penthouse-level 2-bedroom, 2-bathroom luxury condo is located in a meticulously maintained building in the heart of Skokie. The unit features a spacious open kitchen, a separate dining area, and a large family room that opens to your own private balcony-perfect for relaxing or entertaining. The primary suite includes a walk-in closet and a generously sized bathroom with a double vanity, separate shower, and soaking tub. Additional highlights include an in-unit washer and dryer, dedicated storage space, and parking in a heated garage. Ideally situated, Madison Elementary School is directly across the street, with vibrant Downtown Skokie, restaurants, shopping, and several parks all nearby. Public transportation is easily accessible, making commuting simple and convenient. The building also features a newly updated lobby and beautifully maintained grounds.
Contingent
$399,900
5055 Madison St Unit 601, Skokie, IL 60077
2beds
--sqft
:
Get pre-qualifiedN/A
Condominium, Single Family Residence
Built in 2000
-- sqft lot
$395,600 Zestimate®
$--/sqft
$592/mo HOA
What's special
Primary suiteBeautifully maintained groundsIn-unit washer and dryerLarge family roomSpacious open kitchenDedicated storage spaceSeparate dining area
- 54 days |
- 51 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Emilia Salonikas 847-446-1855,
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12678326
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Balcony/Porch/Lanai
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Main
- Area: 289 Square Feet
- Dimensions: 17X17
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Balcony porch lanai
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11X14
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar), Flooring (Hardwood)
- Level: Main
- Area: 104 Square Feet
- Dimensions: 8X13
Laundry
- Features: Flooring (Other)
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9X8
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 392 Square Feet
- Dimensions: 14X28
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Washer Hookup, In Unit
Features
- Storage, Walk-In Closet(s), Open Floorplan
- Flooring: Hardwood
- Basement: None
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 1
- Parking features: Heated Garage, Yes, Attached, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 10214050771005
- Special conditions: List Broker Must Accompany
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
Community & HOA
HOA
- Has HOA: Yes
- Services included: Heat, Water, Parking, Insurance, Cable TV, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- HOA fee: $592 monthly
Location
- Region: Skokie
Financial & listing details
- Tax assessed value: $252,460
- Annual tax amount: $7,460
- Date on market: 6/15/2026
- Ownership: Condo
Estimated market value
$395,600
$376,000 - $415,000
$2,897/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Contingent | $399,900 |
Source:  MRED as distributed by MLS GRID #12678326 Report a problem | ||
| 6/15/2026 | Listed for sale | $399,900-12.9% |
Source: MRED as distributed by MLS GRID #12678326 Report a problem | ||
| 6/15/2026 | Listing removed | $459,000 |
Source: MRED as distributed by MLS GRID #12588045 Report a problem | ||
| 3/18/2026 | Listed for sale | $459,000+58.3% |
Source: MRED as distributed by MLS GRID #12588045 Report a problem | ||
| 7/1/2021 | Sold | $290,000-3.3% |
Source: MRED as distributed by MLS GRID #11113823 Report a problem | ||
| 6/11/2021 | Contingent | $299,900 |
Source: MRED as distributed by MLS GRID #11113823 Report a problem | ||
| 6/7/2021 | Listed for sale | $299,900+3.1% |
Source: MRED as distributed by MLS GRID #11113823 Report a problem | ||
| 11/19/2003 | Sold | $291,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $25,246 +0% |
| 2023 | $6,840 -13.1% | $25,245 |
| 2022 | $7,870 +260.9% | $25,245 +16.8% |
| 2021 | $2,180 +8.1% | $21,620 |
| 2020 | $2,017 +1.2% | $21,620 -10.5% |
| 2019 | $1,993 -10.4% | $24,163 +30.3% |
| 2018 | $2,223 +1.3% | $18,543 |
| 2017 | $2,194 -24.6% | $18,543 |
| 2016 | $2,910 -9.7% | $18,543 +36.8% |
| 2015 | $3,222 +4.5% | $13,552 |
| 2014 | $3,084 +21.7% | $13,552 |
| 2013 | $2,535 -16.6% | $13,552 0% |
| 2012 | $3,041 -40.2% | $13,553 -31.4% |
| 2011 | $5,089 -11.2% | $19,757 -12.3% |
| 2010 | $5,730 +12.6% | $22,517 -2.4% |
| 2009 | $5,090 +8.6% | $23,060 -12% |
| 2008 | $4,688 -1% | $26,205 -6% |
| 2007 | $4,736 -11.9% | $27,863 |
| 2006 | $5,373 | $27,863 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Downtown
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: Madison Elementary 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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A local agent can set up tours, give advice and negotiate with sellers.
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