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5501 Lincoln Ave

5501 Lincoln Ave, Morton Grove, IL, 60053

YearBuilt

Year Built

1978

Stories

# Stories

5

#TotalUnits

# Total Units

32
UnitSizeRange

Unit Size Range

800-1,600 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low

Building Description

5501 Lincoln Ave is a five-story condominium building constructed in 1978, offering units with 1 and 2-bedroom configurations. This property combines convenience and comfort, featuring essential amenities such as an exercise room, sauna, and a health club for fitness enthusiasts. The building includes an intercom system and elevator access for added convenience. Residents benefit from additional facilities, such as a bike room and trails, promoting an active lifestyle. Social gatherings can be accommodated in the designated party room and receiving room, ideal for hosting events. The property is equipped for practical daily needs, including an on-site laundry facility. The surroundings offer well-maintained sidewalks and street lights, ensuring a pleasant urban environment. Accessible park areas provide outdoor leisure opportunities, while the availability of a school bus service adds convenience for families. Unit prices range from $270,000 to $315,000, reflecting the building’s value and desirable features. 5501 Lincoln Ave serves as a practical living space, with a focus on fitness and community amenities, catering to both individuals and families. Its strategic location ensures residents are well-connected to surrounding urban amenities, enhancing the overall living experience.

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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5501 Lincoln Ave Market Report (last 12 months)

Avg. List Price
$252,333 ($184/Sqft.)
Year-Over-Year List Price
Down Arrow 0.20%
Total Listings
Listings3
Avg. Days On Market
Calendar96
Avg. Sale Price
$256,667 ($187/Sqft.)
Year-Over-Year Sale Price
0.00%
Total Sold
Sold3
Avg. HOA Fees/Sqft
$4 /monthly

About 5501 Lincoln Ave

Condo Living at 5501 Lincoln Ave, located at 5501 LINCOLN AVE, MORTON GROVE, IL:

Have you ever dreamed of living in a space that balances comfort with community? If you’re a first-time buyer looking for affordable yet stylish options, look no further than 5501 Lincoln Ave. This delightful condo building, built in 1978 and rising five stories high, offers a warm mix of contemporary charm and practical amenities, making it an ideal first home for young buyers.

Building Features and Unit Availability:

Within the walls of 5501 Lincoln Ave, you'll find a total of 32 units, each offering a cozy living space between 800 to 1600 square feet. The availability of these units tends to be low, so if you find something you like, it’s smart to jump on it! The demand may be low, but don't let that fool you; this building offers a unique opportunity to find your perfect first nest without compromising on quality.

Amenities You'll Love:

Picture yourself enjoying the leisurely walks along the scenic sidewalks lined with street lamps. Want to maintain your fitness routine? You’re in luck! The building boasts an exercise room, health club, and even a sauna for those days you just want to unwind. And if you need to entertain guests, the party room is perfect for hosting friends and family. Other amenities include an elevator for easy access, bike room and trails for outdoor enthusiasts, and convenient laundry facilities. The building is set up for a lifestyle that meets both your fitness goals and social needs.

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Contact
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300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
PhoneICon
(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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