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$295,000
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Property Description
Bright & Airy Corner Unit with Balcony and Modern Upgrades! Spacious 2BR/2BA with open living/dining, updated eat-in kitchen featuring granite counters and stainless steel appliances. Oversized balcony ideal for summer grilling. Primary suite with walk-in closet and full bath; large second bedroom also with walk-in. Newer bamboo floors, fresh paint, updated baths, brand-new furnace & Nest-controlled A/C. Garage + exterior parking, same-floor storage, new laundry room. Low assessments, excellent schools, and prime location near Metra, I-94, shopping, and library. Unit includes capped plumbing for potential in unit laundry( subject to HOA approval),
Full Property Details
Full Property Details for 5501 Lincoln Ave #203
General
- Sold For: $295,000
- HOA FEE: $433/month
- Taxes: $5,130 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12486062
- Added to Site: 165 day(s) ago
Interior
- Interior Features: Storage, Walk-In Closet(s)
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Security Door Lock(s)
- Equipment: Carbon Monoxide Detectors
- Other Features: School Bus Service
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 2
- Parking Features: Circular Driveway, Garage Door Opener, Yes, Garage Owned, Attached, Unassigned, Guest, Garage
Location
- Area: Morton Grove
- County: Cook
- Subdivision: Lincoln Terrace
- Driving Directions: SOUTH TO LINCOLN AVE, WEST TO 5501 LINCOLN
School Information
- School District: 70
- Midd School District: 70
- Elementary School: Park View Elementary School
- Middle School: Park View Elementary School
- High School: Niles West High School
- Private School: Niles West High School
Community
- Assoc. Fees Include: Water, Parking, Insurance, Security, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Mgmt. Company: McKenzie Mgmt
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Mid-Rise (4 to 6 Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Brick/Mortar
- Common Walls: End Unit
- Sub-Flooring: Hardwood
- Entry Floor Number: 2
- Stories/Levels: 5
- Square Feet: 1,565
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1978
- Remodeled/Updated: 2015
Unit Information
- Units in Building: 44
Manufactured Home
- Model: CORNER
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $433
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1978
- Tax Amount: $5,130
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Property ID: 10211300201003
Listed by Selective Realty Services Inc
Sold by Compass
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Schools
Schools serving 5501 Lincoln Ave #203
| Name | Grades | Distance |
|---|---|---|
Park View Elementary School, Morton Grove, IL 6200 Lake Street, Morton Grove, IL 60053 | PK-8 | 1.1 mi |
Niles West High School 5701 Oakton Street, Skokie, IL 60077 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5501 Lincoln Ave #203
Date
Details
Price
Change
Source
1/25/2026
Sold
$295,000
-1.63%
MLS
10/20/2025
Price Reduced
$299,900
-4.79%
MLS
10/02/2025
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5501 Lincoln Avenue #203, Morton Grove, IL 60053 (MLS# 12486062) is a Condo property that was sold at $295,000 on January 25, 2026. Want to learn more about 5501 Lincoln Avenue #203? Do you have questions about finding other Condo real estate for sale in Morton Grove? You can browse all Morton Grove real estate or contact a Coldwell Banker agent to request more information.

