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$342,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,500 Sq. Ft.
  • 1 Car Garage
  • Updated 1 day ago

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This one of a kind, beautifully renovated fourth floor corner unit is one of the largest in the building, wrapped in south & east sunlight all day long. At nearly 1,500 square feet, it lives more like a house than a condo. The layout was thoughtfully redesigned by the current owners to open the kitchen to the living & dining space with a breakfast bar, kitchen nook & built-in bench storage, that make this space as functional as it is stylish. The sleek kitchen showcases quartz countertops & stainless-steel appliances, with newer flooring flowing throughout. Step outside onto the wood-floored balcony, accessible from both the kitchen & living room & you have a private outdoor retreat perfect for morning coffee or unwinding after work. Both bedrooms are oversized & the two updated baths include one with tub & one with standing shower, as well as bidets. The primary suite has not one, but two walk-in closets, an LED-mirror makeup area & morning light streaming from the east window. The extras here aren't afterthoughts: an exercise room, indoor garage parking & ample exterior parking for you & guests, storage on the same floor & a card-operated laundry. The building itself is well-maintained with a secured entrance, elevator, updated modern lobby, & a private courtyard in the back. For commuters, Bus #210 stops directly in front of the building. The Morton Grove Metra station, Skokie Swift Yellow Line & I-94 are just minutes away, offering you city access without city noise, just waiting for you to move in.

Full Property Details for 5501 Lincoln Ave #404

General

  • Price: $342,000
  • HOA FEE: $450/month
  • Taxes: $4,450 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12659264
  • Updated: 6/4/2026
  • Added to Site: 2 day(s) ago

Interior

  • Basement: None
  • Interior Features: Elevator, Storage, Walk-In Closet(s), Granite Counters, Lobby, Separate Dining Room, Quartz Counters
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Electric Cooktop, Electric Oven

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Coin Laundry, Elevator in Residence, Exercise Room, Storage, Party Room, Elevator(s), Intercom, School Bus, Security
  • Equipment: Intercom, Water Heater-Electric
  • Other Features: School Bus Service, Interstate Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Unassigned, Off-Street, Guest, Additional Parking, Parking Lot, Owned, Garage

Location

  • Area: Morton Grove
  • County: Cook
  • Township: Niles
  • Subdivision: Lincoln Terrace
  • Driving Directions: From 94, exit Dempster East to Gross Point Road, South to Lincoln Ave., West to 5501.

School Information

  • School District: 70
  • Elem School District: 70
  • Midd School District: 70
  • High School District: 219

Community

  • Assoc. Fees Include: Water, Parking, Insurance, Security, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Mgmt. Company: Prairie Shores Property Management

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Entry Floor Number: 4
  • Stories/Levels: 5
  • Square Feet: 1,500
  • Sq. Ft. Source: Estimated

Unit Information

  • Units in Building: 44

Lot Features

  • Lot Dimensions: Common
  • Lot Features: Common Grounds

Financial Considerations

  • Association Fee: $450
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Tax Amount: $4,450
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 10211300201026
Buyer's Brokerage Compensation: Contact Listing Agent
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— 5501 Lincoln Ave #404 —

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5501 Lincoln Ave #404

School Districts:Niles Township Community High School District 219, Morton Grove School District 70
NameGradesDistance
Park View Elementary School, Morton Grove, IL
6200 Lake Street, Morton Grove, IL 60053
PK-81.1 mi
Niles West High School
5701 Oakton Street, Skokie, IL 60077
9-120.7 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 #404 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/04/2026
Listed
$342,000
135.86%
MLS
8/27/2019
Sold
$145,000
—
Public Record
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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 for 5501 Lincoln Ave #404

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,259
—
$23,697
31%
2023
$4,259
6%
$18,061
—
2022
$4,029
-16%
$18,061
21%
2021
$4,804
3%
$14,978
—
2020
$4,676
—
$14,978
-11%
2019
$4,687
46%
$16,738
64%
2018
$3,212
-1%
$10,179
—
2017
$3,236
6%
$10,179
—
2016
$3,050
102%
$10,179
11%
2015
$1,511
3%
$9,185
—
2014
$1,471
—
$9,185
—
2013
$1,471
-63%
$9,185
-49%
2012
$3,944
—
$18,117
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5501 Lincoln Avenue #404, Morton Grove, IL 60053 (MLS# 12659264) is a Condo property with 2 bedrooms and 2 full bathrooms. 5501 Lincoln Avenue #404 is currently listed for $342,000 and was received on June 04, 2026. This property is listed by Karen Daugerdas from our Glenbrook Office.Want to learn more about 5501 Lincoln Avenue #404? 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.

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