Year Built
1975
# Stories
5
# Total Units
63Unit Size Range
500-1,210 sqft
Unit Demand
Low
Unit Availability
High
Located at 5506 N Lincoln Ave in Morton Grove, this mid-rise building stands tall with 5 stories. It contains a total of 62 units that range in size from 500 to 1,210 square feet. This property was built in 1975, giving it a classic feel in the neighborhood. Prices for units range from $234,000 to $275,000. The average price of sold units over the past year is about $187,929, translating to around $234 per square foot. Recently, some units were sold for as low as $140,000. The average days on the market is 47, allowing buyers some time to think over their options. Many amenities come with living here. There is an outdoor swimming pool for those hot summer days. Residents enjoy the convenience of elevator access and secure parking. The building also has service elevators, which help with moving items easily. Additionally, there are laundry facilities and a party room for gatherings. The building is near local shops and restaurants, making life more convenient. The 7-Eleven is just a short walk away for quick grocery stops. For dining, Yummy Yummy offers tasty options nearby. Residents who have kids appreciate being in the Park View/Niles West School District, which is well regarded. Access to the expressway I-94 is straightforward, making commutes easier. Those on higher floors enjoy nice views of the surrounding area. This setting creates a friendly atmosphere for all who live here, with community spaces that encourage interaction among residents.
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.
For those wondering about policies, rest assured that 5506 N Lincoln Ave comes with no restrictions on pet ownership, which is always a plus for animal lovers looking to settle down. The possibilities are endless when you can share your home with your furry friends.
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| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
| 415 | 1137 | 2 | 2 | 62 | 2025-01-15 MLS#: 12210251 | Closed | $275,000 | |
| 516 | - | 2 | 2 | 35 | 2024-05-24 MLS#: 12034050 | Closed | $234,000 | |
| 515 | 1200 | 2 | 2 | 24 | 2024-04-03 MLS#: 11995757 | Closed | $220,000 |

2 Beds
2 Baths
1137 sqft
| Date | Status | Price |
|---|---|---|
| 2025-01-15 | Closed | $275,000 |

2 Beds
2 Baths
1200 sqft
| Date | Status | Price |
|---|---|---|
| 2024-04-03 | Closed | $220,000 |

2 Beds
2 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2024-05-24 | Closed | $234,000 |
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| 5506 N Lincoln Ave Unit 415 | $234/sqft. | $3 /sqft. |
| 5506 N Lincoln Avenue | $203/sqft. | $4 /sqft. |
| Lotus | $207/sqft. | $3 /sqft. |
| 5500 Lincoln Ave | $207/sqft. | $3 /sqft. |
| 5510 W Lincoln Ave | $210/sqft. | $3 /sqft. |
| 5510 Lincoln Avenue | $210/sqft. | $3 /sqft. |
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142