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$345,000
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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
- Sold For: $345,000
- HOA FEE: $597/month
- Taxes: $6,636 (2024)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12551607
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
- 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
- Midd School District: 69
- 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
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: NS Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- 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
Financial Considerations
- Association Fee: $597
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2004
- Tax Amount: $6,636.31
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condo
- Property ID: 10214050771034
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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
5055 W Madison Street #507, Skokie, IL 60077 (MLS# 12551607) is a Condo property that was sold at $345,000 on April 24, 2026. This property was listed by Dawn McKenna Group from our Hinsdale Office.Want to learn more about 5055 W Madison Street #507? 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.


