5055 Madison ST #402 Skokie, IL 60077 New

UPDATED: 03/18/2026 08:49 AM ON MARKET: 2 days on market

$350,000

2 Beds2 Baths1,200 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $291

Subdivision Madison Place

MLS Listing ID 12594123

Bedrooms 2

Full Baths 2

HOA Fees $526/mo

Rental Info Yes

Year Built 2000

Annual Tax Amount $7,469

Tax Year 2024

Lot Dimensions COMMON

Property Sub-Type Condo

Location

State IL

County Cook

Area Skokie

Rooms

Basement None

Interior

Interior Features Elevator,Storage,Walk-In Closet(s),Dining Combo,Lobby

Heating Natural Gas,Forced Air

Cooling Central Air

Flooring Laminate,Carpet

Fireplace N

Appliance Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Disposal,Stainless Steel Appliance(s)

Laundry In Unit

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Amenities Available Elevator(s),Storage

Building

Dwelling Type Attached Single

Building Description Brick, No

Story 6

Sewer Public Sewer

Water Lake Michigan,Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Madison Elementary School

Middle Schools Lincoln Junior High School

High Schools Niles West High School

School District 69 ,69, 219

Others

HOA Fee Include Heat,Water,Gas,Parking,Insurance,TV/Cable,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal

Ownership Condo

Special Listing Condition None

Pets Allowed Cats OK,Dogs OK,Size Limit

Property Description

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.