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5506 N Lincoln Ave

5506 Lincoln Ave, Morton Grove, IL, 60053

YearBuilt

Year Built

1975

Stories

# Stories

5

#TotalUnits

# Total Units

60
UnitSizeRange

Unit Size Range

680-1,210 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low

Building Description

5506 N Lincoln Ave is a 5-story condominium building constructed in 1975, offering 1 and 2-bedroom units. The property boasts a range of amenities catering to urban lifestyle needs. Residents can enjoy access to an exercise room, intercom system, and service elevators. For leisure, the building features both an in-ground pool and a spa/hot tub, complemented by a party room ideal for social gatherings. Additional amenities include a laundry facility, bike room with adjacent bike trails, and convenient elevator access. Security lighting enhances the safety of the premises. These condominiums are designed to provide comfort and convenience without compromising on essential facilities. The surrounding environment benefits from nearby parks and a school bus service, enhancing the community setting. Unit prices range from $275,000 to $234,000, making this an appealing option for various budgets. Despite missing specific neighborhood details, the building's strategic location at 5506 N Lincoln Ave promises a balanced urban experience with easy access to local amenities, thereby supporting a contemporary lifestyle.

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness CenterCheck Icon
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 Ave Market Report (last 12 months)

Avg. List Price
$200,975 ($204/Sqft.)
Year-Over-Year List Price
Up Arrow 0.05%
Total Listings
Listings4
Avg. Days On Market
Calendar41
Avg. Sale Price
$211,834 ($199/Sqft.)
Year-Over-Year Sale Price
Up Arrow 0.09%
Total Sold
Sold3
Avg. HOA Fees/Sqft
$4 /monthly

About 5506 N Lincoln Ave

Condo Living at 5506 N Lincoln Ave, located at 5506 LINCOLN AVE, MORTON GROVE, IL:

Welcome to 5506 N Lincoln Ave, a charming five-story condo building nestled in the heart of Morton Grove. Built in 1975, this residence combines classic charm with modern convenience, offering a welcoming home for first-time buyers. With 60 total units available, the building has a cozy community feel, perfect for young couples or individuals looking to make their first property investment.

Building Features and Unit Availability:

The condos range in size from 680 to 1,210 square feet, providing a variety of layouts to fit your lifestyle needs. As a first-time buyer, you’ll appreciate the low availability, which indicates that the demand has been steady and units are desirable. Despite the low number of units on the market, the prices are quite accessible with an average closing price of approximately $211,834, making it a worthwhile option in the Chicago suburbs.

Amenities You'll Love:

Living at 5506 N Lincoln Ave means you have access to wonderful amenities designed for your leisure and convenience. Take a dip in the inviting in-ground pool during those hot summer days, or relax in the spa/hot tub after a long week. If you prefer to stay active, the exercise room and nearby bike trails are perfect for keeping fit. You'll also find laundry facilities, a party room to host gatherings with friends, and security lighting to keep you feeling safe at home. With all these features, it's easy to see why this building is appealing to first-time buyers.

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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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