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$299,900
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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
- Price: $299,900
- HOA FEE: $433/month
- Taxes: $5,130 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12486062
- Updated: 1/14/2026
- Added to Site: 108 day(s) ago
Interior
- Basement: None
- 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
- Township: Niles
- Subdivision: Lincoln Terrace
- Driving Directions: SOUTH TO LINCOLN AVE, WEST TO 5501 LINCOLN
School Information
- School District: 70
- Elem School District: 70
- Midd School District: 70
- High School District: 219
- 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
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, Mid-Rise (4 to 6 Stories)
- Model: CORNER
- 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
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 10211300201003
Listed by Selective Realty Services Inc
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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 Pitney Bowes 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
10/20/2025
Price Reduced
$299,900
-4.79%
MLS
10/02/2025
Listed
$315,000
59.9%
MLS
4/23/2020
Sold
$197,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5501 Lincoln Ave #203
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,130
5%
$17,761
—
2022
$4,888
3%
$17,761
21%
2021
$4,725
30%
$14,730
—
2020
$3,630
-1%
$14,730
-11%
2019
$3,649
76%
$16,461
64%
2018
$2,074
-2%
$10,009
—
2017
$2,109
-6%
$10,009
—
2016
$2,251
-17%
$10,009
19%
2015
$2,716
—
$8,430
—
2014
$2,714
120%
$8,430
—
2013
$1,234
-68%
$8,430
-53%
2012
$3,858
—
$17,816
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5501 Lincoln Ave #203
5501 Lincoln Avenue #203, Morton Grove, IL 60053 (MLS# 12486062) is a Condo property with 2 bedrooms and 2 full bathrooms. 5501 Lincoln Avenue #203 is currently listed for $299,900 and was received on October 02, 2025. 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.

