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Lincoln Terrace

5501 Lincoln Avenue, Morton Grove, IL, 60053

YearBuilt

Year Built

1978

Stories

# Stories

5

#TotalUnits

# Total Units

32
UnitSizeRange

Unit Size Range

1,550-1,650 sqft

UnitDemand

Unit Demand

Stories

-

UnitAvailability

Unit Availability

Stories

-

Building Description

Lincoln Terrace is a five-story residential building, constructed in 1978, located at 5501 Lincoln Avenue in Morton Grove, IL 60053. The building consists of various unit types, accommodating a range of resident needs. Built with durability in mind, its construction features robust materials that have stood the test of time. The design leans towards a classic architectural style, characterized by clean lines and functional spaces. Lincoln Terrace offers a selection of amenities aimed at enhancing the resident experience. These include a well-maintained community room that serves as a multipurpose space for gatherings, a convenient on-site laundry facility, and ample parking that caters to residents and guests alike. Additionally, outdoor spaces provide areas for relaxation and socializing, contributing to a sense of community within the complex. The surrounding environment is primarily residential, providing a peaceful backdrop to this well-situated building. Although not located on a waterfront, Lincoln Terrace benefits from its proximity to local parks and public transportation, making commuting and leisure activities easily accessible. The neighborhood offers a blend of suburban tranquility with access to various shopping and dining options, making Lincoln Terrace a comfortable and convenient place to live.

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPool
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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Lincoln Terrace Market Report (last 12 months)

Avg. List Price
$246,000 ($190/Sqft.)
Year-Over-Year List Price
Up Arrow 0.09%
Total Listings
Listings2
Avg. Days On Market
Calendar73
Avg. Sale Price
$250,000 ($194/Sqft.)
Year-Over-Year Sale Price
Up Arrow 0.11%
Total Sold
Sold2
Avg. HOA Fees/Sqft
$4 /monthly

About Lincoln Terrace

Condo Living at Lincoln Terrace, located at 5501 LINCOLN AVENUE, MORTON GROVE, IL:

Welcome to Lincoln Terrace, a charming condo building that welcomes first-time buyers with open arms. Nestled at 5501 Lincoln Avenue in Morton Grove, Illinois, this five-story building has been a delightful home since 1978. It boasts a warm, friendly atmosphere that’s perfect for young professionals and small families. Whether you’re imagining cozy evenings or lively gatherings, Lincoln Terrace offers a welcoming community for your new journey into homeownership.

Building Features and Unit Availability:

With a total of 32 units, Lincoln Terrace offers comfortably sized living spaces ranging from 1,550 to 1,650 square feet. While there are currently no units available, the building’s sturdy reputation and excellent location often create high demand, so keep an eye on this gem. Residents enjoy the ease of elevator access throughout the building, making life a bit smoother, especially for those on higher floors.

Amenities You'll Love:

This building has an array of amenities that cater to a modern lifestyle. Imagine starting your mornings with a workout at the well-equipped exercise room or unwinding in the sauna after a long day. Lincoln Terrace also features a health club, ensuring you can prioritize your well-being right at home. For those who enjoy hosting, a stylish party room awaits, perfect for celebrations or simply hanging out with friends. Plus, the convenience of on-site laundry facilities and a bike room adds to the array of features that make day-to-day life easier.

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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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