Year Built
2003
# Stories
-
# Total Units
43
Unit Size Range
1,960-2,060 sqft
Unit Demand
Low
Unit Availability
Low
About Madison Place
Madison Place sits at 5055 Madison Street in Skokie. This building was built in 2003 and consists of 43 units spread across its many stories. It spans from 1,960 to 2,060 square feet. There are options with 1, 2, or 3 bedrooms, catering to different needs. The price range for the available units is between $425,000 and $420,000. The latest closed sale was around $235,000. Overall, the average closed price here is about $327,500. Recent sales show an average price per square foot of around $211. Homes here sell quite quickly, averaging just 34 days on the market. This gives buyers a fair chance to explore their choices. Nearby businesses like Aljoud Market LLC and Altur provide grocery needs. Dining options include La Playita, making meals out convenient. Residents can enjoy several amenities within the building. It includes an exercise room for fitness and a party room for gatherings. An intercom system provides added security, and elevators ease access to all floors. Parking is available, allowing for hassle-free living. The surrounding area is peaceful and gives a sense of community. Not far down the road, local parks add to recreational opportunities. This location is close to Lake Michigan, appealing to those who appreciate outdoor activities. Overall, Madison Place presents a comfortable lifestyle in a friendly neighborhood, with many options for relaxation and enjoyment.
Amenities
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.
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
At Madison Place, you’ll find policies that cater to both creature comforts and practicality. If you’re a pet owner, you’ll be pleased to know that cats are welcome, and dogs too, making it an inviting space for animal lovers. Of course, there are size limits and numbers regarding pets, but that just ensures a comfortable community environment for all residents.
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
Madison Place Market Report (last 12 months)
4.81%
2
34 3.30%
2Madison Place Sales History
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
 | 310 | 1995 | 3 | 2 | 37 | 2025-04-10 MLS#: 12302698 | Closed | $420,000 |
 | 204 | 1996 | 3 | 2 | 34 | 2023-08-31 MLS#: 11844289 | Closed | $425,000 |
 | 310 | - | 3 | 2 | 153 | 2008-10-08 MLS#: 06888904 | Closed | $425,000 |
3 Beds
2 Baths
1996 sqft
| Date | Status | Price |
|---|---|---|
| 2023-08-31 | Closed | $425,000 |
3 Beds
2 Baths
1995 sqft
| Date | Status | Price |
|---|---|---|
| 2025-04-10 | Closed | $420,000 |
3 Beds
2 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2008-10-08 | Closed | $425,000 |
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 Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| Madison Place | $211/sqft. | $3 /sqft. |
| 5055 W Madison St | $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
Discover top-rated schools located close to Madison Place.
Madison Elementary School
--Lincoln Jr High School
C+Thomas Edison Elementary School
C+McC Academy
--Niles West High School
AJulia S Molloy Education Center
--
View nearby schools
Schools
Madison Elementary School
--Lincoln Jr High School
C+Thomas Edison Elementary School
C+McC Academy
--Niles West High School
AJulia S Molloy Education Center
--Elizabeth Meyer School
--Niles Central
--Jane Stenson School
AMontessori School of Skokie
--Devonshire Elementary School
BBridges Adult Transition Center
--Hillel Torah North Suburban Day School
--Mosaic Early Childhood Academy
--Old Orchard Jr High School
BOliver Mccracken Middle School
A-Fasman Yeshiva High School
--Fairview South Elementary School
A-Jerusalem Evangelical Lutheran School
--East Prairie Elementary School
APark View Elementary School
A-Mesivta Shaarei Adirim
--Dr Bessie Rhodes School Global Studies
CKeshet High School
--Ida Crown Jewish Academy
--John Middleton Elementary School
B-Niles North High School
BTransit
Experience convenience and connectivity with premium transit options just moments away.
8200 N Niles Center
Bronx & Dempster
Bronx & Grove
Bronx & Davis
Central Ave & Howard St
Church St & Skokie Blvd
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Transit
8200 N Niles Center
Bronx & Dempster
Bronx & Grove
Bronx & Davis
Central Ave & Howard St
Church St & Skokie Blvd
Church St & Keating Ave
Cicero & Sherwin
Church St & Kilpatrick Ave
Church St & Knox Ave
Church St & Niles Center Rd
Church St & Kenton Ave/Niles Center Rd
Austin Station
Central Ave & Jarvis Ave
Church St & Kolmar Ave
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Crawford Ave & Cleveland St
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Carpenter/Touhy
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Crawford Ave & Crain St
5405 W Touhy Ave
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4545 W Touhy Ave
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Carpenter/Traffic Signal/Village Crossing
Cicero & Estes
Crawford Ave & Dobson St
Church St & Tripp Ave
Carpenter/Fairview
Church St & Keeler Ave
5727 W Touhy Ave
5740 W Touhy Ave
Carpenter/Lunt
Church St & Kedvale Ave
Cicero & Lunt
Church St & Karlov Ave
Church St & Keystone Ave
Church St & Crawford Ave
Crawford Ave & Church St
Central/Morse
Cicero & Pratt
Central/Pratt
3701 Howard St
Central/Sauganash
3601 Howard St
The Neighborhood:
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