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$396,000 Just Listed
Property Description
Bright, airy apartment! What sets this home apart is an exceptionally well designed, functional space with just the right room sizes to provide for comfortable, relaxed living. In addition, split bedroom floor plan creates two, separate, private corners and a very large balcony off of the living room extends already significant living area while bringing the outside in through all glass wall/doors. Tucked in it's own private corner sits the almost formal Dining room, yet, connected to the rest thanks to the open concept basic plan. Kitchen is substantial with enough space for a full breakfast table, and opens to the both, Living and Dining room. Closets galore, windows everywhere, beautiful hardwood floors, radiant floor heating, in-unit laundry room, street level garage, additional storage space. Plus, the assessment includes among others, Heat, Water, Gas, Cable, . This 1600 sqft, extraordinarily well maintained home is close to everything, parks, recreation, downtown Skokie cafes, Library and transportation
Full Property Details
Full Property Details for 5055 Madison St #403
General
- Price: $396,000
- HOA FEE: $650/month
- Taxes: $8,423 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12677306
- Updated: 6/14/2026
- Added to Site: 4 day(s) ago
Interior
- Basement: None
- Interior Features: Elevator, 1st-Floor Bath, Storage, Walk-In Closet(s), Lobby, Separate Dining Room
- Flooring: Hardwood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Separate Shower, Double Sink
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service, Interstate Access
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 2
- Parking Features: Garage Door Opener, Heated Garage, Yes, Other, Attached, Garage
Location
- Area: Skokie
- County: Cook
- Township: Niles
- Subdivision: Madison Place
- Driving Directions: Oakton to Lincoln and North to Madison and east to 5055. Between Oakton and Main. First building on the left
School Information
- School District: 69
- Elem School District: 69
- Midd School District: 69
- High School District: 219
- Elementary School: Madison Elementary School
- Middle School: Lincoln Junior High School
- High School: Niles West High School
- Private School: Niles West High School
Community
- Assoc. Fees Include: Heat, Water, Gas, Insurance, Security, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Advantage Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Radiant, Radiant Floor
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Windows: Drapes
- Sub-Flooring: Hardwood, Carpet
- Entry Floor Number: 4
- Stories/Levels: 6
- Square Feet: 1,600
- Sq. Ft. Source: Assessor
- Year Built: 2000
Unit Information
- Units in Building: 60
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Landscaped
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $650
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2000
- Tax Amount: $8,423.55
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 10214050771013
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 5055 Madison St #403
School Districts:Skokie School District 69, Niles Township Community High School District 219
| Name | Grades | Distance |
|---|---|---|
Madison Elementary School, Skokie, IL 5100 Madison Street, Skokie, IL 60077 | PK-2 | 0.1 mi |
Lincoln Jr High School, Skokie, IL 7839 Lincoln Avenue, Skokie, IL 60077 | 6-8 | 0.5 mi |
Thomas Edison Elementary School 8200 Gross Point Road, Morton Grove, IL 60053 | 3-5 | 0.6 mi |
Niles West High School 5701 Oakton Street, Skokie, IL 60077 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5055 Madison St #403
Date
Details
Price
Change
Source
6/12/2026
Listed
$396,000
11.55%
MLS
9/11/2023
Sold
$355,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5055 Madison St #403
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,287
—
$35,811
28%
2023
$2,287
-3%
$28,073
—
2022
$2,358
-12%
$28,073
17%
2021
$2,668
-60%
$24,043
—
2020
$6,638
-23%
$24,043
-11%
2019
$8,638
17%
$26,870
30%
2018
$7,382
-33%
$20,620
—
2017
$10,988
57%
$20,620
—
2016
$6,987
30%
$20,620
37%
2015
$5,381
2%
$15,070
—
2014
$5,260
41%
$15,070
—
2013
$3,736
6%
$15,070
—
2012
$3,539
—
$15,071
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5055 Madison St #403
5055 Madison Street #403, Skokie, IL 60077 (MLS# 12677306) is a Condo property with 2 bedrooms and 2 full bathrooms. 5055 Madison Street #403 is currently listed for $396,000 and was received on June 12, 2026. Want to learn more about 5055 Madison Street #403? Do you have questions about finding other Condo real estate for sale in Skokie? You can browse all Skokie real estate or contact a Coldwell Banker agent to request more information.
