Contact us: 563.441.1776
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.
Property Highlights
Property Type: Residential - Condominium
Total Living Area SF: 1,200
Garage Size: 1
Attached Garage
Heated Garage
Built in 2000
Elementary School: Madison Elementary School
High School: Niles West High School
Middle School: Lincoln Junior High School
Brick Exterior
General Information
Bedrooms: 2
Bathrooms: 2
Sqft: 1,200
County: Cook
High School: Niles West High School
Subdivision: Madison Place
Listed By:
Jameson Sotheby's Intl Realty
312-751-0300
MRED MLS
MLS ID: 12594123
Room Information
Foyer: 5X6
Walk In Closet: 7X6
Balcony/Porch/Lanai: 14X6
Bedroom 2: 11X11
Dining Room: COMBO
Kitchen: 11X12
Living Room: 13X21
Primary Bedroom: 13X19
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5055 Madison Street , Unit 402, Skokie, IL 60077.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $350,000 | $350,000 | $350,000 |
| Down Payment | $70,000 | $12,250 | $87,500 |
| Monthly Mortgage Amount | $1,656 | $2,006 | $2,127 |
| Taxes | $487 | $487 | $487 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $154 | $0 |
| Monthly Estimated Total | $2,245 | $2,749 | $2,716 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/19/2026. The listing information on this page last changed on 03/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/19/2026 12:13:58 AM EST) or MRED MLS (last updated Thu 03/19/2026 12:11:52 AM EST) or SCWMLS (last updated Wed 03/18/2026 11:54:48 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 03/18/2026 10:15:29 PM EST) or Cedar Rapids MLS (last updated Wed 03/18/2026 10:46:00 PM EST) or NEIRBR MLS (last updated Thu 03/19/2026 12:08:43 AM EST) or ICAAR MLS (last updated Wed 03/18/2026 11:37:30 PM EST) or ECIMLS (last updated Wed 03/18/2026 11:44:19 PM EST) or RMLSA (last updated Thu 03/19/2026 12:11:01 AM EST) or Muscatine MLS (last updated Thu 03/19/2026 12:00:24 AM EST) or No Coast MLS (last updated Thu 03/19/2026 12:04:23 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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