Back 601/5055 Madison Street
Off Market

601/5055 Madison Street

Skokie IL 60077

2
2
1
Condo
Last sold for $402,000
Emilia SalonikasEmilia Salonikas, last sold this property on 14 August 2026 after 148 days on market.

Overview

Welcome to Madison Place! This stunning penthouse-level 2-bedroom, 2-bathroom luxury condo is located in a meticulously maintained building in the heart of Skokie. The unit features a spacious open kitchen, a separate dining area, and a large family room that opens to your own private balcony-perfect for relaxing or entertaining. The primary suite includes a walk-in closet and a generously sized bathroom with a double vanity, separate shower, and soaking tub. Additional highlights include an in-unit washer and dryer, dedicated storage space, and parking in a heated garage. Ideally situated, Madison Elementary School is directly across the street, with vibrant Downtown Skokie, restaurants, shopping, and several parks all nearby. Public transportation is easily accessible, making commuting simple and convenient. The building also features a newly updated lobby and beautifully maintained grounds.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Skokie over the last 12 months, the estimated median property value of 601/5055 Madison Street is $280k.

Median value
$280k
Estimated value range
$170k - $530k
Median days on market
12
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Skokie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 601/5055 Madison Street

2026
Sold
$402,000
14 Aug 2026 by Emilia Salonikas, of Baird & Warner
2021
Sold
$290,000
01 Jul 2021 by Jason Wiznitzer, of The Lelyn Group, Inc.

Happy sellers in Skokie

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We have insufficient information to provide an overview of customer satisfaction for Skokie. Viewing the agent profiles, reviews and sales for Skokie can provide insights for this location.

Local market activity for 2 bedroom condos in Skokie

In the last 12 months, 86 two-bedroom condos similar to 601/5055 Madison Street, have been sold.

This represents a 16% decrease in two-bedroom condos sales when compared to the previous 12 months.

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