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5506 N Lincoln Avenue

5506 N Lincoln Avenue, Morton Grove, IL, 60053

YearBuilt

Year Built

1974

Stories

# Stories

5

#TotalUnits

# Total Units

61
UnitSizeRange

Unit Size Range

1,160-1,260 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low

Building Description

5506 N Lincoln Avenue is a five-story building constructed in 1974, located at 5506 N Lincoln Avenue in Morton Grove, IL, within the 60053 ZIP code. This well-established structure does not offer waterfront views but stands out with its distinctive architectural design from the mid-70s, featuring a blend of robust materials such as concrete and brick, ensuring durability and a classic aesthetic. Despite its vintage, the building is equipped with modern conveniences, including secure entry systems and an elevator for easy access to all levels. Residents benefit from ample on-site parking facilities, catering to both tenants and visitors. While the building itself is not highlighted by contemporary high-rise amenities, it compensates with its strategic location and basic features necessary for comfortable urban living. 5506 N Lincoln Avenue's environment offers accessible public transportation links and proximity to local essentials such as grocery stores, schools, and healthcare services. The surrounding area is characterized by its suburban charm, with various dining options and recreational parks within a short distance. This location provides a balanced lifestyle with a blend of urban accessibility and suburban tranquility.

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
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Visitors ParkingVisitors Parking

Building Policies

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

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5506 N Lincoln Avenue Market Report (last 12 months)

Avg. List Price
$220,880 ($213/Sqft.)
Year-Over-Year List Price
Up Arrow 0.54%
Total Listings
Listings5
Avg. Days On Market
Calendar69
Avg. Sale Price
$219,500 ($194/Sqft.)
Year-Over-Year Sale Price
Up Arrow 0.61%
Total Sold
Sold6
Avg. HOA Fees/Sqft
$3 /monthly

About 5506 N Lincoln Avenue

Condo Living at 5506 N Lincoln Avenue, located at 5506 N LINCOLN AVENUE,MORTON GROVE,IL:

If you’re contemplating your first home purchase, 5506 N Lincoln Avenue is a delightful spot to consider! Nestled in the friendly town of Morton Grove, this condo building boasts a solid foundation with a history that dates back to 1974. With five stories and a quaint community of 61 units, it provides an inviting atmosphere that’s perfect for first-time buyers looking to tread the waters of homeownership.

Building Features and Unit Availability:

The condo building features a limited availability of units, making it a sought-after choice for those ready to make a move. Each unit ranges in size from 1,160 to 1,260 square feet, giving you ample space to enjoy. The atmosphere here is lovely, characterized by low demand which adds to the sense of exclusivity. The average closed price for these condos is around $219,500, translating to about $194 per square foot—very reasonable for the area.

Amenities You'll Love:

Living at 5506 N Lincoln Avenue comes with a package of enticing amenities. You’ll have access to an elevator, a pool for those warm summer days, and laundry facilities that save you a trip to the laundromat. If you’re someone who loves biking, the bike room and nearby trails will be your best friends. Additionally, the party room is perfect for gatherings with friends and family, while the park gives you a nice outdoor escape to unwind.

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Contact
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300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
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(855) 625-0319
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

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847-668-3774

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