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  3. Skokie, IL
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  5. 5055 W Madison St
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5055 W Madison St

5055 W Madison St Unit 507, Skokie, IL, 60077
Madison Place

YEAR BUILT

2004

# STORIES

6

# TOTAL UNITS

46

UNIT SIZE RANGE

900-2,010 sqft

Description

The building at 5055 W Madison St sits in Skokie. This high-rise structure includes 6 stories and 45 units. It was built in 2004 and features a modern design. The range of unit sizes is quite spacious, from 900 to 2,010 square feet. Buyers have options with one, two, or three bedrooms. Prices for the units vary between $425,000 and $420,000. The average closed price stands at $303,334. The average price per square foot is about $211. Units typically stay on the market for about 38 days. This gives buyers a fair amount of time to explore their options. Residents enjoy several amenities such as an intercom system, elevators, and an exercise room. There is also a party room, which can be useful for gatherings. Each unit features an open concept layout and includes in-unit laundry. Two heated garage parking spaces come with each unit, adding to comfort. Floor-to-ceiling windows offer stunning views of the Chicago skyline. The units also boast 9-foot ceilings, making rooms feel more spacious and inviting. The radiant heat included in assessments adds to the coziness during colder months. The building is close to Old Orchard Shopping Center, providing easy access to retailers and dining. Nearby parks and schools enhance the community atmosphere. Living here allows quick trips to downtown Skokie and local amenities like coffee shops and eateries.

Building ImageMLS ID #12551607
Building ImageMLS ID #12389350
Building Image
Building ImageView Listing

5055 W Madison St

5055 W Madison St Unit 507, Skokie, IL, 60077


Madison Place

YEAR BUILT

2004

# STORIES

6

# TOTAL UNITS

46

UNIT SIZE RANGE

900-2,010 sqft

Description

The building at 5055 W Madison St sits in Skokie. This high-rise structure includes 6 stories and 45 units. It was built in 2004 and features a modern design. The range of unit sizes is quite spacious, from 900 to 2,010 square feet. Buyers have options with one, two, or three bedrooms. Prices for the units vary between $425,000 and $420,000. The average closed price stands at $303,334. The average price per square foot is about $211. Units typically stay on the market for about 38 days. This gives buyers a fair amount of time to explore their options. Residents enjoy several amenities such as an intercom system, elevators, and an exercise room. There is also a party room, which can be useful for gatherings. Each unit features an open concept layout and includes in-unit laundry. Two heated garage parking spaces come with each unit, adding to comfort. Floor-to-ceiling windows offer stunning views of the Chicago skyline. The units also boast 9-foot ceilings, making rooms feel more spacious and inviting. The radiant heat included in assessments adds to the coziness during colder months. The building is close to Old Orchard Shopping Center, providing easy access to retailers and dining. Nearby parks and schools enhance the community atmosphere. Living here allows quick trips to downtown Skokie and local amenities like coffee shops and eateries.

Next

Description

The building at 5055 W Madison St sits in Skokie. This high-rise structure includes 6 stories and 45 units. It was built in 2004 and features a modern design. The range of unit sizes is quite spacious, from 900 to 2,010 square feet. Buyers have options with one, two, or three bedrooms. Prices for the units vary between $425,000 and $420,000. The average closed price stands at $303,334. The average price per square foot is about $211. Units typically stay on the market for about 38 days. This gives buyers a fair amount of time to explore their options. Residents enjoy several amenities such as an intercom system, elevators, and an exercise room. There is also a party room, which can be useful for gatherings. Each unit features an open concept layout and includes in-unit laundry. Two heated garage parking spaces come with each unit, adding to comfort. Floor-to-ceiling windows offer stunning views of the Chicago skyline. The units also boast 9-foot ceilings, making rooms feel more spacious and inviting. The radiant heat included in assessments adds to the coziness during colder months. The building is close to Old Orchard Shopping Center, providing easy access to retailers and dining. Nearby parks and schools enhance the community atmosphere. Living here allows quick trips to downtown Skokie and local amenities like coffee shops and eateries.

5055 W Madison St Market Stats Last 12 months

Avg. Listed Price$308,250($250/Sqft.)
Avg. Sale Price$303,334($211/Sqft.)
Year over year list priceDown Arrow18.67%
Year over year sale priceDown Arrow 10.43%
Total Listings4 Listed
Total sold3 Sold
Average Days on Market38 days
Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceDown Arrow18.67%
Year over year sale priceDown Arrow10.43%
Total Listings4 Listed
Total sold3 Sold
Average Days on Market38 days
Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

5055 W Madison St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 310310199532372025-04-10
MLS#: 12302698 		Closed$420,000
Unit 204204199632342023-08-31
MLS#: 11844289 		Closed$425,000
Unit 310310-321532008-10-08
MLS#: 06888904 		Closed$425,000
Unit 204
204

3 Beds

2 Baths

1996 sqft

DateStatusPrice
2023-08-31Closed$425,000
MLS#: 11844289
Days On Market34
Unit 310
310

3 Beds

2 Baths

1995 sqft

DateStatusPrice
2025-04-10Closed$420,000
MLS#: 12302698
Days On Market37
Unit 310
310

3 Beds

2 Baths

0 sqft

DateStatusPrice
2008-10-08Closed$425,000
MLS#: 06888904
Days On Market153
View Complete Unit Listing HistorySource By: MRED

Amenities

Let’s talk about what makes living here even more enjoyable. The building offers a well-equipped exercise room, perfect for staying active without needing a gym membership. If you love to host gatherings, the party room will be a hit with your friends and family. And for your convenience, you’ll find elevators and an intercom system, making everyday life a little easier, whether you’re hauling groceries or welcoming guests.

Next

Amenities Description

Let’s talk about what makes living here even more enjoyable. The building offers a well-equipped exercise room, perfect for staying active without needing a gym membership. If you love to host gatherings, the party room will be a hit with your friends and family. And for your convenience, you’ll find elevators and an intercom system, making everyday life a little easier, whether you’re hauling groceries or welcoming guests.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

When it comes to your furry friends, you’ll be pleased to know that the building is pet-friendly! While there are some limits on the number and size of pets, both cats and dogs are welcome. This is ideal for first-time buyers, especially if you’re considering adopting a pet! Just keep in mind the building’s policies, which aim to maintain a harmonious community atmosphere.

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Amenities Description

When it comes to your furry friends, you’ll be pleased to know that the building is pet-friendly! While there are some limits on the number and size of pets, both cats and dogs are welcome. This is ideal for first-time buyers, especially if you’re considering adopting a pet! Just keep in mind the building’s policies, which aim to maintain a harmonious community atmosphere.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
5055 W Madison St$211/sqft.$3 /sqft.
Madison Place$211/sqft.$3 /sqft.
8232 Niles Center Rd$149/sqft.$56 /sqft.
8232 Niles Center Road$197/sqft.$4 /sqft.
5001 Madison St$198/sqft.$4 /sqft.
Madison Place$223/sqft.$2 /sqft.

Nearby Schools

Residents of 5055 W Madison St enjoy access to nearby educational institutions across Skokie. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Madison Elementary School

--
Public|Grades PK–2
5100 Madison St|0.11 miles away

Lincoln Jr High School

C+
Public|Grades 6–8
7839 Lincoln Ave|0.49 miles away

Thomas Edison Elementary School

C+
Public|Grades 3–5
8200 Gross Point R...|0.58 miles away

McC Academy

--
Private|Grades PK–10
8601 Menard Ave|0.96 miles away

Niles West High School

A
Public|Grades 9–12
5701 Oakton St|0.99 miles away

Julia S Molloy Education Center

--
Public|Grades PK–12
8701 Menard Ave|1.02 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Residents of 5055 W Madison St enjoy access to nearby educational institutions across Skokie. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Madison Elementary School

--
Public|Grades PK–2
5100 Madison St|Less than 1 Mile Away

Lincoln Jr High School

C+
Public|Grades 6–8
7839 Lincoln Ave|Less than 1 Mile Away

Thomas Edison Elementary School

C+
Public|Grades 3–5
8200 Gross Point R...|Less than 1 Mile Away

McC Academy

--
Private|Grades PK–10
8601 Menard Ave|Less than 1 Mile Away

Niles West High School

A
Public|Grades 9–12
5701 Oakton St|Less than 1 Mile Away

Julia S Molloy Education Center

--
Public|Grades PK–12
8701 Menard Ave|1.02 Miles Away

Elizabeth Meyer School

--
Public|Grades PK–KG
8100 Tripp Ave|1.03 Miles Away

Niles Central

--
Public|Grades 9–12
7700 Gross Point R...|1.20 Miles Away

Jane Stenson School

A
Public|Grades KG–5
9201 Lockwood Ave|1.21 Miles Away

Montessori School of Skokie

--
Private|Grades PK–5
8401 Karlov Ave|1.25 Miles Away

Devonshire Elementary School

B
Public|Grades KG–5
9040 Kostner Ave|1.28 Miles Away

Bridges Adult Transition Center

--
Public|Grades 9–12
4700 W Chase Ave|1.28 Miles Away

Hillel Torah North Suburban Day School

--
Private|Grades PK–8
7120 Laramie Ave|1.44 Miles Away

Mosaic Early Childhood Academy

--
Private|Grades PK–KG
4023 Gemtester|1.45 Miles Away

Old Orchard Jr High School

B
Public|Grades 6–8
9310 Kenton Ave|1.45 Miles Away

Oliver Mccracken Middle School

A-
Public|Grades 6–8
8000 E Prairie Rd|1.45 Miles Away

Fasman Yeshiva High School

--
Private|Grades 9–12
7135 Carpenter Rd|1.46 Miles Away

Fairview South Elementary School

A-
Public|Grades KG–8
7040 Laramie Ave|1.50 Miles Away

Jerusalem Evangelical Lutheran School

--
Private|Grades PK–8
6218 Capulina Ave|1.52 Miles Away

East Prairie Elementary School

A
Public|Grades PK–8
7616 E Prairie Rd|1.58 Miles Away

Park View Elementary School

A-
Public|Grades PK–8
6200 Lake St|1.69 Miles Away

Mesivta Shaarei Adirim

--
Private|Grades 9–11
9220 Crawford Ave|1.79 Miles Away

Dr Bessie Rhodes School Global Studies

C
Public|Grades KG–8
3701 Davis St|1.92 Miles Away

Keshet High School

--
Private|Grades 9–12
8233 Central Park ...|1.93 Miles Away

Ida Crown Jewish Academy

--
Private|Grades 9–12
8233 Central Park ...|1.94 Miles Away

John Middleton Elementary School

B-
Public|Grades 1–5
8300 Saint Louis A...|1.94 Miles Away

Niles North High School

B
Public|Grades 9–12
9800 Lawler Ave|1.96 Miles Away

Transit

Located in , 5055 W Madison St is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Skokie. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

3601 Howard St

1.97 miles away|38 min walk

3701 Howard St

1.91 miles away|37 min walk

4545 W Touhy Ave

1.48 miles away|29 min walk

5405 W Touhy Ave

1.44 miles away|28 min walk

5727 W Touhy Ave

1.59 miles away|31 min walk

5740 W Touhy Ave

1.6 miles away|31 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Located in , 5055 W Madison St is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Skokie. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

3601 Howard St

1.97 miles away|38 min walk

3701 Howard St

1.91 miles away|37 min walk

4545 W Touhy Ave

1.48 miles away|29 min walk

5405 W Touhy Ave

1.44 miles away|28 min walk

5727 W Touhy Ave

1.59 miles away|31 min walk

5740 W Touhy Ave

1.6 miles away|31 min walk

8200 N Niles Center

0.12 miles away|3 min walk

Austin Station

1.3 miles away|25 min walk

Bronx & Davis

1.03 miles away|20 min walk

Bronx & Dempster

0.68 miles away|13 min walk

Bronx & Grove

0.9 miles away|18 min walk

Carpenter/Fairview

1.58 miles away|31 min walk

Carpenter/Lunt

1.63 miles away|32 min walk

Carpenter/Touhy

1.38 miles away|27 min walk

Carpenter/Traffic Signal/Village Crossing

1.5 miles away|29 min walk

Central Ave & Howard St

1.09 miles away|21 min walk

Central Ave & Jarvis Ave

1.3 miles away|25 min walk

Central/Morse

1.77 miles away|34 min walk

Central/Pratt

1.89 miles away|37 min walk

Central/Sauganash

1.95 miles away|38 min walk

Church St & Crawford Ave

1.76 miles away|34 min walk

Church St & Karlov Ave

1.68 miles away|33 min walk

Church St & Keating Ave

1.21 miles away|24 min walk

Church St & Kedvale Ave

1.63 miles away|32 min walk

Church St & Keeler Ave

1.58 miles away|31 min walk

Church St & Kenneth Ave

1.39 miles away|27 min walk

Church St & Kenton Ave/Niles Center Rd

1.29 miles away|25 min walk

Church St & Keystone Ave

1.72 miles away|33 min walk

Church St & Kilbourn Ave

1.35 miles away|26 min walk

Church St & Kildare Ave

1.5 miles away|29 min walk

Church St & Kilpatrick Ave

1.24 miles away|24 min walk

Church St & Knox Ave

1.27 miles away|25 min walk

Church St & Kolmar Ave

1.32 miles away|26 min walk

Church St & Kostner Ave

1.42 miles away|28 min walk

Church St & Lowell Ave

1.46 miles away|29 min walk

Church St & Niles Center Rd

1.28 miles away|25 min walk

Church St & Skokie Blvd

1.2 miles away|24 min walk

Church St & Tripp Ave

1.54 miles away|30 min walk

Cicero & Estes

1.52 miles away|30 min walk

Cicero & Jarlath

1.33 miles away|26 min walk

Cicero & Lunt

1.64 miles away|32 min walk

Cicero & Pratt

1.88 miles away|37 min walk

Cicero & Sherwin

1.22 miles away|24 min walk

Cicero & Touhy

1.4 miles away|27 min walk

Crawford Ave & Brummel St

1.51 miles away|29 min walk

Crawford Ave & Church St

1.76 miles away|34 min walk

Crawford Ave & Cleveland St

1.34 miles away|26 min walk

Crawford Ave & Crain St

1.44 miles away|28 min walk

Crawford Ave & Dempster St

1.5 miles away|29 min walk

Crawford Ave & Dobson St

1.54 miles away|30 min walk

The Neighbourhood: 5055 W Madison St

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5055 W Madison St Demographics

Age Demographics

0–14 Years

18.89%

15–29 Years

16.91%

30–44 Years

17.2%

45–59 Years

20.36%

60+ Years

26.63%

Commute

6.02%

Transit

3.04%

Walk

78.51%

Drive

0.61%

Bike

Housing Ownership

60.97%

Owner Occupied

39.03%

Rental Units

Household Types

Single Family
30.06%
Multi Family
13.8%
Single Person
26.92%
Multi Person
73.08%

Average Income

Household:$8,037,068.35 /yr

Individual:$3,502,244.18 /yr

Education

Bachelors Degree28.97%
High School College20.52%
Diploma5.9%
Post Graduate17.44%
Others27.18%
Next

Education

Diploma5.9%
Post Graduate17.44%
Others27.18%
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  1. Home
  2. /Skokie, IL
  3. /
    5055 W Madison St
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Franklin Park
Buildings
5001 Madison St
5055 W Madison St
5105 W Madison St Unit 1-206
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8161 Niles Center Rd
8161 Niles Center Road
8200 N Lincoln Ave
8200 N Lincoln Avenue
8203 Niles Center Rd
8225 Niles Center Rd
8225 Niles Center Road
8232 Niles Center Rd
8232 Niles Center Road
Madison Place
Madison Pointe
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6009060175601846043060443604756048160482604906050560506606076061060617606416064260660
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