Updated 5+ Days Ago
Location
5155 Madison St #402, Skokie, IL 60077, USA
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Amenities for 5155 Madison St #402
Features
| Balcony | Carpet |
| Central Air | Hardwood Floor |
| Natural Gas | Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: Brick | Six Floors |
Grounds
| Assigned Parking | Garage Parking |
| Storage |
Other
| Five Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
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About 5155 Madison St #402
Property Status: Active Spacious 2-Bedroom Rental with Private Balcony in a Prime Skokie Location! Enjoy comfort and convenience in this bright 2-bedroom, 2-bathroom residence in a well-maintained building. The kitchen is equipped with stainless steel appliances and opens to a spacious living and dining area filled with natural light. Step onto your private balcony and enjoy peaceful treetop views, creating the perfect place to relax. The primary suite features a walk-in closet and a private ensuite bath, while the second bedroom includes a built-in Murphy bed, offering excellent flexibility for guests or a home office. Additional highlights include an in-unit washer and dryer, one heated garage parking space, and a massive private storage room. Rent includes heat, gas, water, basic cable, and more. Ideally located just minutes from downtown Skokie, you'll enjoy easy access to public transportation, the library, shopping, restaurants, parks, and everyday conveniences. Available immediately-don't miss this fantastic rental opportunity! Office Phone: (312) 613-7121 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5155 Madison Street, Skokie, IL 60077, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.0 mile away
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Covered parking
- Garage, covered, or indoor parking is available at this address
- Images available
- There are at least 10 photos of this address
- Walk-in closet
- Rentals here may include more closet space than average
Considerations
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
Address details
| Zip code | 60077 |
|---|---|
| Type | Condo for rent |
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Rent trends in Skokie
2-bedroom apartments at 5155 Madison St #402 cost about 59% more than the average rent price for 2-bedroom apartments in Skokie.
Median rents as of Jul 25 2026.
Skokie
| Month | Median Rent |
|---|---|
| August 2024 | $2,125 |
| September 2024 | $1,778 |
| October 2024 | $1,802 |
| November 2024 | $1,815 |
| December 2024 | $1,827 |
| January 2025 | $1,802 |
| February 2025 | $1,824 |
| March 2025 | $1,845 |
| April 2025 | $1,800 |
| May 2025 | $1,818 |
| June 2025 | $1,800 |
| July 2025 | $1,797 |
| August 2025 | $1,885 |
| September 2025 | $1,905 |
| October 2025 | $1,899 |
| November 2025 | $1,935 |
| December 2025 | $1,819 |
| January 2026 | $1,953 |
| February 2026 | $1,895 |
| March 2026 | $1,843 |
| April 2026 | $1,806 |
| May 2026 | $1,900 |
| June 2026 | $2,080 |
| July 2026 | $1,950 |
Affordability calculator
Can I afford to live at 5155 Madison St #402?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$124,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $124,000 annually to afford this 2-bedrooms monthly rent price of $3,100.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| This month | $3,500 | 2 bed | 2 bath | ||
| 1 year ago | $3,750 | 2 bed | 2 bath | ||
| 7 years ago | $2,150 | 2 bed | 2 bath | ||
| 7 years ago | $2,150 | 2 bed | 2 bath | ||
| 8 years ago | $1,750 | 1 bed | 1 bath | ||
| 10 years ago | $1,500 | 1 bed | 1 bath | ||
| 10 years ago | $2,000 | 2 bed | 2 bath | ||
| 11 years ago | $1,800 | 2 bed | 2 bath | ||
| 11 years ago | $2,000 | 2 bed | 2 bath |
Schools near 5155 Madison St #402
Madison Elementary School
5100 madison st
skokie, IL, 60077
PK, K-2Public
A-
Lincoln Junior High School
7839 lincoln ave
skokie, IL, 60077
PK, 6-8Public
B+
Thomas Edison Elementary School
8200 gross point rd
morton grove, IL, 60053
PK, 3-5Public
B
Fairview South School
7040 laramie ave
skokie, IL, 60077
K-8Public
A
Park View Elementary School
6200 lake st
morton grove, IL, 60053
PK, K-8Public
A
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Internet available near 5155 Madison St #402
Neighborhood
Getting around Skokie near 5155 Madison St #402
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 5155 Madison St #402, Skokie
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
Other units at this address
5155 Madison Street, Skokie, IL
5155 Madison Street Skokie, IL
Occupied
1 Bed, 1 Bath
1 Bed
1 Bath
$1,750
Assigned Parking • On-Site Laundry • Walk-In Closets • In-Unit Laundry • Balcony
Occupied
302
2 Beds
2 Baths
$2,150
Air Conditioning • Dishwasher • On-Site Laundry • Walk-In Closets • Hardwood Floor • In-Unit Laundry
Occupied
UNIT 302
2 Beds
2 Baths
$2,150
Occupied
604
2 Beds
2 Baths
$2,400
Carpet • Assigned Parking • On-Site Laundry • Hardwood Floor • In-Unit Laundry
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