5055 Madison Street # 402 Skokie, IL $ 350,000
5055 Madison Street # 402
$ 350,000
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5055 Madison Street # 402

Skokie, IL, 60077
$ 350,000
Bedrooms2 Baths2.0 Sq 1,200

Monthly Estimate*

$ 2,155

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Condo for sale in Skokie, IL

for $350,000 with 2 bedrooms and 2 full baths. This 1,200 square foot condo was built in 2000.

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.

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Condo Active

Price

$ 350,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 7,469

Style

Condo

Year Built

2000

Town/City

Skokie

County/Region

Cook

MLS | Web ID

12594123

Features
General
Living Area 1200
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal Stainless Steel Appliance(s)
HOA Fee 526
Garage Spaces 1
Association Fee Includes Heat Water Gas Parking Insurance TV/Cable Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Pets Allowed Cats OK Dogs OK Size Limit
Year Built 2000
Township Niles
Unit Number 402
Tax Year 2024
Ownership Condo
Accessibility Two or More Access Exits Main Level Entry No Interior Steps
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Elevator(s) Storage
Subdivision Name Madison Place
Total Rooms 5
Full Baths 2
Status New
Directions East on Madison St. from Lincoln Ave. between Oakton and Main.
High School Niles West High School
City Skokie
High School District 219
MLS Area Skokie
Elementary School Madison Elementary School
Tax Annual Amount 7469.6
Middle/Junior High School Lincoln Junior High School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 69
Elementary School District 69
Sub Type Condo
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Interior
Interior Amenities Elevator Storage Walk-In Closet(s) Dining Combo Lobby
Basement None
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 6
Half Baths 0
Laundry Features In Unit
Total Bedrooms 2
Room Type Foyer Walk In Closet Balcony/Porch/Lanai
Total Baths 2
Bedrooms Possible 2
Total Number of Units 60
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Exterior
Exterior Amenities Balcony
Parking Features Garage Door Opener Heated Garage Yes Attached Garage
Water Source Lake Michigan Public
Total Parking 1
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Jameson Sotheby's Intl Realty

Broker

gdiazherrera@jamesonsir.com

Email

Affordability Calculator

$2,777
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,155
Monthly Property Taxes
$622
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
3/17/2026$350,000 Listed Price

Map


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5055 Madison Street # 402, Skokie, IL, 60077 is a Condo for sale at $350,000 with 1,200 sqft. 5055 Madison Street # 402 has 2 bedrooms, 2.0 baths, and was built in 2000. The property's zip code is 60077 which is in Skokie, IL