5506 N Lincoln Ave
5506 Lincoln Ave, Morton Grove, IL, 60053
Year Built
1975
# Stories
5
# Total Units
60
Unit Size Range
680-1,210 sqft
Unit Demand
Low
Unit Availability
Low
Building Description
5506 N Lincoln Ave is a five-story condominium building constructed in 1975, offering a selection of one and two-bedroom units. Unit prices range from $234,000 to $275,000. The property includes a range of amenities designed for convenience and recreation, such as a dedicated exercise room and both in-ground and heated pool options. Residents can benefit from an efficient service elevator, standard elevators, and security lighting throughout the building. For leisure, there is a bike room with access to bike trails and a spacious party room for social gatherings. Additional features include a community park, a spa/hot tub, and an intercom system for seamless communication. The building is designed with practical facilities, including laundry facilities and school bus accessibility, catering to both singles and families. Despite the lack of a designated neighborhood, 5506 N Lincoln Ave is strategically located to provide a mix of urban amenities, making it a suitable choice for diverse lifestyles. This property ensures a balanced residential experience with its comprehensive array of features and its blend of utility and relaxation-oriented amenities.
Amenities
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
Pet Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
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About 5506 N Lincoln Ave
Condo Living at 5506 N Lincoln Ave, located at 5506 LINCOLN AVE, MORTON GROVE, IL:
Nestled in the charming Morton Grove community, 5506 N Lincoln Ave presents a fantastic opportunity for first-time buyers stepping into homeownership. This five-story condo building has been a part of the neighborhood since 1975, offering modern living blended with a welcoming sense of community. With its convenient location and essential amenities, it's perfect for those aiming to make their entry into the real estate market exciting and rewarding.
Building Features and Unit Availability:
This building hosts a total of 60 units, each ranging in size from 680 to 1210 square feet. Currently, the market for available units is low, reflecting a competitive demand among potential buyers. At an average closed price of around $208,215 and a competitive price per square foot of $188, purchasing in this building could be a smart investment. While the days on the market for sold units typically hover around 64 days, the low availability hints at an attractive opportunity for serious first-time buyers.
Amenities You'll Love:
Life at 5506 N Lincoln Ave comes with a variety of amenities aimed at enhancing your living experience. An exercise room keeps you active without stepping out, while the in-ground pool and hot tub are perfect for unwinding after a long day. The building also features a party room, so you can host gatherings with ease. Additional conveniences such as laundry facilities, security lighting, and a bike room cater to your everyday needs. Plus, there's something incredibly appealing about having recreational options right at home.
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Atlanta, GA 30339
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142