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  1. Home/
  2. Morton Grove, IL/
  3. Lotus

Lotus

5500 Lincoln Avenue, Morton Grove, IL, 60053

0 Units for Sale

Front view of a multi-story building with brick exterior and numerous windows.View Listing
MLS ID #12289306
Front view of a multi-story building with brick exterior and numerous windows.View ListingMLS ID #12289306
Front view of a multi-story apartment building with brick and panel siding.View ListingMLS ID #12159662
Front view of a multi-story apartment building with brick exterior and large windows.View ListingMLS ID #12159662
Front view of a multi-story brick apartment building.View ListingMLS ID #12159662
YearBuilt

Year Built

1977

Stories

# Stories

4

#TotalUnits

# Total Units

86
UnitSizeRange

Unit Size Range

1,450-1,550 sqft

UnitDemand

Unit Demand

Stories

-

UnitAvailability

Unit Availability

Stories

-


About Lotus

Lotus, located at 5500 Lincoln Avenue, Morton Grove, IL, stands as a classic 4-story residential building completed in 1977. Constructed with brick and concrete materials, Lotus integrates durability with timeless design. The structure incorporates a variety of 1 and 2-bedroom units that provide functional living spaces, tailored for diverse residential needs. Residents have access to essential amenities, including secure entry systems, on-site laundry facilities, and assigned parking spaces. Although it is not located on a waterfront, the Lotus is strategically positioned within the 60053 ZIP code, offering easy access to nearby parks and recreational areas, contributing to a balanced urban lifestyle. The surrounding environment is peaceful, with well-maintained streets and local conveniences such as grocery stores, cafes, and public transportation options within reach. The building design includes large windows, delivering ample natural light to each unit while promoting energy efficiency. The absence of high-rise developments nearby allows residents to enjoy unobstructed views of the surrounding suburban landscape. Overall, Lotus provides a stable residential option, ideal for individuals seeking a harmonious blend of practicality and convenience in a suburban setting.

Front view of a multi-story building with brick exterior and numerous windows.View Listing
MLS ID #12289306
Front view of a multi-story building with brick exterior and numerous windows.View ListingMLS ID #12289306
Front view of a multi-story apartment building with brick and panel siding.View ListingMLS ID #12159662
Front view of a multi-story apartment building with brick exterior and large windows.View ListingMLS ID #12159662
Front view of a multi-story brick apartment building.View ListingMLS ID #12159662

Amenities

Life at Lotus isn’t just about the units; it’s about the community too! Enjoy a robust list of amenities, including a bike room and scenic bike trails, perfect for those who love the outdoors. A party room is also available, ensuring you have a fun space to celebrate special moments with friends and family. Your comfort and convenience are at the forefront here!

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

Building Policies

Living at Lotus also comes with the added peace of mind that no strict policies will disrupt your lifestyle. With a relaxed atmosphere, you can truly embrace condo living without navigating complicated rules.

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

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Lotus Market Report (last 12 months)

Avg. List Price
$222,450 ($232/Sqft.)
Year-Over-Year List Price
Up Arrow 30.93%
Total Listings
Listings2
Avg. Days On Market
Calendar36
Avg. Sale Price
$219,250 ($229/Sqft.)
Year-Over-Year Sale Price
Up Arrow 38.87%
Total Sold
Sold2
Avg. HOA Fees/Sqft
$3 /monthly
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Living in Lotus

Condo Living at Lotus, located at 5500 LINCOLN AVENUE, MORTON GROVE, IL:

Welcome to the charming world of condo living at Lotus! Nestled in the lovely Morton Grove area, this beautifully maintained building was constructed in 1977 and spans four stories high. With 86 units, this vibrant community is perfect for first-time buyers looking to make their mark. Each unit offers a cozy space tailored for your lifestyle, making Lotus an appealing choice for those stepping into homeownership.

Building Features and Unit Availability:

At Lotus, you’ll discover thoughtfully designed residences that typically range in size from 1,450 to 1,550 square feet. Though there are currently no units available, the community remains in demand, promising an opportunity for prospective buyers to snag a coveted space when the time is right. The building features convenient service elevators and regular elevators to make your daily routines effortless.

Life at Lotus:

When you call Lotus your home, you’re not just purchasing a unit; you’re becoming part of a community. The blend of friendly neighbors and the excellent building features creates an inviting atmosphere. Whether you’re hanging out in the party room or biking through the nearby trails, life at Lotus is brimming with opportunities to connect with others and enjoy your new lifestyle.

  1. Home/
  2. Morton Grove, IL/
  3. Lotus
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