5055 W Madison Street # 507 Skokie, IL $ 345,000
5055 W Madison Street # 507
$ 345,000
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5055 W Madison Street # 507

Skokie, IL, 60077
$ 345,000
Bedrooms2 Baths2.0 Sq 1,209

Monthly Estimate*

$ 2,124

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Condo for sale in Skokie, IL

for $345,000 with 2 bedrooms and 2 full baths. This 1,209 square foot condo was built in 2004.

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.

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Condo Active

Price

$ 345,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 6,636

Style

Condo

Year Built

2004

Town/City

Skokie

County/Region

Cook

MLS | Web ID

12551607

Features
General
Living Area 1209
Sewer Public Sewer
Heating Electric
Cooling Central Air
Possession Closing
HOA Fee 597
Garage Spaces 1
Association Fee Includes Heat Water Parking Insurance TV/Cable Exterior Maintenance Lawn Care Scavenger Snow Removal Internet
Construction Materials Brick
Pets Allowed Cats OK Dogs OK
Year Built 2004
Township Niles
Unit Number 507
Tax Year 2024
Ownership Condo
Accessibility Two or More Access Exits No Interior Steps
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Total Rooms 5
Full Baths 2
Status New
Directions Madison is south of Main between Lincoln and Niles Center. 1st building on your left is 5055 with guest parking out front.
High School Niles West High School
City Skokie
High School District 219
MLS Area Skokie
Elementary School Madison Elementary School
Tax Annual Amount 6636.31
Middle/Junior High School Lincoln Junior High School
Standard Status Active
Middle/Junior School District 69
Elementary School District 69
Sub Type Condo
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Interior
Basement None
Total Stories 1
Half Baths 0
Total Bedrooms 2
Room Type Balcony/Porch/Lanai
Total Baths 2
Bedrooms Possible 2
Total Number of Units 60
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Exterior
Parking Features Yes Attached Garage
Water Source Lake Michigan
Total Parking 1
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

megan.leadbetter@cbexchange.com

Email

Affordability Calculator

$2,677
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,124
Monthly Property Taxes
$553
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564782 Elementary School
564868 Middle School
Niles West High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2026$345,000 Listed Price

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5055 W Madison Street # 507, Skokie, IL, 60077 is a Condo for sale at $345,000 with 1,209 sqft. 5055 W Madison Street # 507 has 2 bedrooms, 2.0 baths, and was built in 2004. The property's zip code is 60077 which is in Skokie, IL