Welcome to Madison place, a bright and spacious 2 bedroom, 2 bathroom residence offers over 1,200 square feet of thoughtfully designed living space. Step into a welcoming foyer with a generous deep closet, setting the tone for both comfort and functionality. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an ideal setting for entertaining or everyday living. This original owner could have picked any unit but chose this one - with eastern exposure, the home is bathed in natural morning light. Step out onto the private balcony overlooking a tranquil, grassy area with an unobstructed view - the perfect spot to enjoy coffee or unwind in a peaceful setting. The primary suite features a large walk-in closet and an en-suite bathroom with dual sinks, a separate soaking tub, and a standalone shower. Radiant heat throughout the unit ensures exceptional comfort during colder months. Additional highlights include one heated indoor garage parking space on the street level, a dedicated storage unit, and a monthly assessment that includes gas, water & cable, adding even more value. Ideally located near parks, restaurants, and Old Orchard Shopping Center, this home offers both convenience and lifestyle appeal.
Closed
$345,000
5055 W Madison St #507, Skokie, IL 60077
2beds
1,209sqft
Condominium, Single Family Residence
Built in 2004
-- sqft lot
$349,200 Zestimate®
$285/sqft
$3,126 Estimated rent
Home value
$349,200
$318,000 - $384,000
$3,126/mo
Zestimate® history
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$3,126/mo
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$3,073/mo
Est. payment
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$3,073/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Dawn McKenna 847-724-5800,
Coldwell Banker Realty
Bought with:
Brandi Hampton, ABR,MRP,PSA,SFR
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12551607
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: 276 Square Feet
- Dimensions: 12X23
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11X14
Balcony porch lanai
- Level: Main
- Area: 91 Square Feet
- Dimensions: 13X7
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15X11
Kitchen
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10X13
Laundry
- Level: Main
- Area: 48 Square Feet
- Dimensions: 8X6
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15X14
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,209 sqft
Property
Parking
- Total spaces: 1
- Parking features: Yes, Attached, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: Two or More Access Exits, No Interior Steps, Disability Access
Details
- Parcel number: 10214050771034
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 2004
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: $597 monthly
Location
- Region: Skokie
Financial & listing details
- Price per square foot: $285/sqft
- Annual tax amount: $6,636
- Date on market: 1/21/2026
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Sold | $345,000$285/sqft |
Source:  MRED as distributed by MLS GRID #12551607 Report a problem | ||
| 2/3/2026 | Contingent | $345,000$285/sqft |
Source: MRED as distributed by MLS GRID #12551607 Report a problem | ||
| 1/21/2026 | Listed for sale | $345,000$285/sqft |
Source: MRED as distributed by MLS GRID #12551607 Report a problem | ||
Public tax history
Tax history is unavailable.
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
$349,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$349,200
- Illinois
- Cook County
- Skokie
- 60077
- Downtown
- 5055 W Madison St Unit 507
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