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  1. Home/
  2. Skokie, IL/
  3. Madison Place

Madison Place

5055 Madison Street, Skokie, IL, 60077

Madison PlaceCommunity
Units for Sale

Front view of a multi-story brick building with balconies.View Listing
MLS ID #12302698
Front view of a multi-story brick building with balconies.View ListingMLS ID #12302698
Front view of a multi-story brick residential building with balconies.View ListingMLS ID #12041417
Front view of a multi-story apartment building with a brick facade.View ListingMLS ID #11951221
Front view of a multi-story brick building entrance with decorative planters.View ListingMLS ID #11951221
YearBuilt

Year Built

2003

Stories

# Stories

-

#TotalUnits

# Total Units

43
UnitSizeRange

Unit Size Range

1,960-2,060 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About Madison Place

Madison Place is a contemporary residential building located at 5055 Madison Street in Skokie. Completed in 2003, this development offers a range of thoughtfully designed 1, 2, and 3-bedroom units suitable for diverse living arrangements. The building features a modern architectural style with a focus on functionality and comfort. Quality construction materials, including brick and glass, ensure durability and a sleek aesthetic. Residents of Madison Place can enjoy various on-site amenities, such as a well-equipped fitness center and a landscaped courtyard perfect for relaxation and social gatherings. While the building is not situated on the waterfront, its location provides easy access to local parks, recreational facilities, and public transportation options, enhancing convenience and connectivity. Parking facilities are available for residents, ensuring hassle-free access to and from the building. Surrounding Madison Place, the neighborhood offers a diverse range of shopping and dining options, catering to different tastes and preferences. The area is known for its vibrant community atmosphere and proximity to cultural and educational institutions. With its strategic location and comprehensive facilities, Madison Place continues to provide comfortable and modern living experiences for its residents.

Front view of a multi-story brick building with balconies.View Listing
MLS ID #12302698
Front view of a multi-story brick building with balconies.View ListingMLS ID #12302698
Front view of a multi-story brick residential building with balconies.View ListingMLS ID #12041417
Front view of a multi-story apartment building with a brick facade.View ListingMLS ID #11951221
Front view of a multi-story brick building entrance with decorative planters.View ListingMLS ID #11951221

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPool
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Madison Place Market Report (last 12 months)

Avg. List Price
$425,000 ($214/Sqft.)
Year-Over-Year List Price
Up Arrow 17.86%
Total Listings
Listings1
Avg. Days On Market
Calendar37
Avg. Sale Price
$420,000 ($211/Sqft.)
Year-Over-Year Sale Price
Up Arrow 16.93%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$3 /monthly
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Living in Madison Place

Condo Living at Madison Place, located at 5055 MADISON STREET, SKOKIE, IL:

If you're on the hunt for your first condo, you might want to explore Madison Place. Nestled in the charming neighborhood of Skokie, this contemporary building built in 2003 offers a vibrant community experience that’s perfect for young, first-time buyers. With 43 total units, Madison Place is a cozy option to consider, especially given its low availability, making it a hot property for those wanting to settle in this thriving area.

Building Features and Unit Availability:

Madison Place captures the essence of modern condo living with its low-demand environment, allowing you to enjoy the perks of condo ownership without feeling overwhelmed. The units range in size from 1,960 to 2,060 square feet—spacious enough to make your first home feel just right! Although the market's currently seeing only a couple of units sold, those who act fast can secure what might just be their dream space.

Amenities You'll Love:

One of the standout features of living at Madison Place is the fantastic amenities available to residents. Imagine working out in a well-equipped exercise room or hosting friends in a trendy party room. The building is also equipped with a service elevator and receiving room to make everyday living seamless. If you're a nature lover, the nearby trails will surely catch your interest, especially for morning runs or evening strolls in the fresh air. The community park is an added touch, offering a perfect spot for relaxation or a quick game of catch.

  1. Home/
  2. Skokie, IL/
  3. Madison Place
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