Date
Details
Price
Change
Source
1/20/2026
Listed
$345,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$345,000 Just Listed
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1/22
Property Description
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.
Full Property Details
Full Property Details for 5055 W Madison St #507
General
- Price: $345,000
- HOA FEE: $597/month
- Taxes: $6,636 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12551607
- Updated: Today (1/20/2026)
- Added to Site: Today
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Attached, Garage
Location
- Area: Skokie
- County: Cook
- Township: Niles
- Driving Directions: Madison is south of Main between Lincoln and Niles Center. 1st building on your left is 5055 with guest parking out front.
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, Parking, Insurance, 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: NS Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 5
- Stories/Levels: 1
- Square Feet: 1,209
- Sq. Ft. Source: Other
- Year Built: 2004
Unit Information
- Units in Building: 60
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $597
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2004
- Tax Amount: $6,636.31
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 10214050771034
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Meet the listing agents
Meet the listing agents
— 5055 W Madison St #507 —
(847) 354-1259 mobile
(630) 686-4886 mobile
NMLS#: 1598647
Get Pre-Approved Today
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Schools
Schools serving 5055 W Madison St #507
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spencer Technology Acad Elementary School 214 North Lavergne Avenue, Chicago, IL 60644 | PK-8 | 0.4 mi |
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612 | 12-11 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5055 W Madison St #507
Tax History
Tax History for 5055 W Madison St #507
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,000
1%
$25,204
—
2022
$5,938
5%
$25,204
17%
2021
$5,646
-2%
$21,586
—
2020
$5,754
—
$21,586
-11%
2019
$5,771
31%
$24,124
30%
2018
$4,414
-1%
$18,512
—
2017
$4,472
-7%
$18,512
—
2016
$4,822
50%
$18,512
37%
2015
$3,225
1%
$13,530
—
2014
$3,186
—
$13,530
—
2013
$3,192
5%
$13,530
—
2012
$3,034
—
$13,531
—
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 W Madison St #507
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- Condo
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,700Sq. Ft.
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- Single Family
- Active
- Updated 16 hours ago
- 5Beds
- 5Total Baths
- 6,500Sq. Ft.
- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 4Total Baths
- 1,780Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,500Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,600Sq. Ft.
- Single Family
- Active
- Updated 9 hours ago
- 4Beds
- 2Total Baths
- 2,050Sq. Ft.
![[Address not provided], Evanston, IL 60202 - Photo 1](https://m1.cbhomes.com/p/155/12446320/e0d67E016f52478/s23cc.webp)
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- Condo
- Closed
- 2Beds
- 2Total Baths
Listed by Cindy Finnerman
5055 W Madison Street #507, Skokie, IL 60077 (MLS# 12551607) is a Condo property with 2 bedrooms and 2 full bathrooms. 5055 W Madison Street #507 is currently listed for $345,000 and was received on January 20, 2026. This property is listed by Megan Leadbetter from our Glenbrook Office.Want to learn more about 5055 W Madison Street #507? Do you have questions about finding other Condo real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.