5500 Lincoln Ave Ave

5500 Lincoln Ave, Morton Grove, IL, 60053

Units for Sale

Front view of a multi-story apartment building with a walkway leading to the entrance.

View Listing

MLS ID #12289306

View Listing MLS ID #12289306

Front view of a multi-story building with a brick facade and symmetrical design.

View Listing MLS ID #12159662

Front view of a multi-story apartment building with brick facade.

View Listing MLS ID #12159662

Front view of a multi-story brick building.

View Listing MLS ID #12159662

Year Built

1977

# Stories

# Total Units

Unit Size Range

643-1,500 sqft

Unit Demand

Low

Unit Availability

Low

Building Description

5500 Lincoln Ave Ave is a four-story condominium building constructed in 1977, offering a selection of 1 and 2-bedroom units. The building includes convenient amenities such as service elevators, ensuring ease of access across all floors. Additional amenities include a bike room and bike trails, catering to cycling enthusiasts, and a party room ideal for hosting gatherings. Set in the heart of Morton Grove, this property provides residents easy access to urban amenities in the surrounding area. While not located in a specific neighborhood, the building benefits from its proximity to local shopping centers and dining opportunities, enhancing its urban appeal. The pricing of units ranges from $240,000 to $235,000, reflecting a competitive market rate for this property type. The building’s architecture is characteristic of its 1977 construction, offering residents a blend of historical design with modern functionality. 5500 Lincoln Ave Ave caters to those seeking comfort and convenience in a central urban setting, with nearby amenities and local thoroughfares facilitating ease of travel. Offering durable construction and practical features, it remains a notable option in the area.

View Listing

MLS ID #12289306

View Listing MLS ID #12289306

View Listing MLS ID #12159662

Amenities

Parking

Locker

Concierge

Elevator

Central AC

Pool

Fitness Center

Visitors Parking

Building Policies

Pets Allowed

Short-term Rental Allowed

BBQ Permitted

Sublet Allowed

5500 Lincoln Ave Ave Market Report (last 12 months)

Avg. List Price

$218,300 ($220/Sqft.)

Year-Over-Year List Price

35.46%

Total Listings

Avg. Days On Market

Avg. Sale Price

$219,250 ($229/Sqft.)

Year-Over-Year Sale Price

32.29%

Total Sold

Avg. HOA Fees/Sqft

$3 /monthly

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About 5500 Lincoln Ave Ave

Condo Living at 5500 Lincoln Ave Ave, located at 5500 LINCOLN AVE,MORTON GROVE,IL:

Welcome to the charming world of condo living at 5500 Lincoln Ave Ave! This inviting four-story building, which has been gracing Morton Grove since 1977, is perfect for first-time buyers looking for a comfortable and convenient home. Whether you’re cramming for finals or prepping for a cozy night in, 5500 Lincoln has something for everyone. Its welcoming community vibe and desirable location make it a fantastic choice for anyone looking to step into homeownership.

Building Features and Unit Availability:

With 83 total units, 5500 Lincoln Ave Ave offers a variety of options to suit different needs and lifestyles. The apartments range in size from a cozy 643 square feet to a spacious 1,500 square feet, designed to give you just the right amount of space to grow. While availability is currently low, with only three units sold recently, it indicates a small pool of homes that are both in demand and competitively priced.

Amenities You'll Love:

You’ll find delightful amenities that enhance your living experience. From service elevators to conveniently parked bicycles, 5500 Lincoln makes day-to-day life easier. If you love hosting, the on-site party room is an ideal place for get-togethers, and having bike trails nearby adds that extra touch of outdoor adventure for fitness enthusiasts. You’ll appreciate these thoughtful features as you create memories in your new home.

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