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$308,000
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Property Description
Located in the heart of Morton Grove sought-after residential neighborhood, this freshly remodeled (May 2026) top floor penthouse 2 bed, 2 bath condo delivers the lifestyle today's buyers want-modern comfort, walkable convenience, and the energy of one of the suburbs hottest neighborhoods.The large 1500 square foot living space featuring a stylish kitchen with granite countertops, stainless steel appliances and large patio door exit out to the balcony. Step out onto your balcony and take in the breeze that only the top floor unit can offer. The spacious primary suite offers the kind of retreat every professional appreciates-generous closet space and a bathroom with double sinks and an extended two person separate shower. Additional features include assigned indoor garage parking (#24) as well as a second outdoor space, storage, and updates like, freshly painted, two remodeled bathrooms and kitchen. Easy access to public transportation, Metra, and expressways (94/294) takes 21 minutes to reach downtown area.
Full Property Details
Full Property Details for 5501 Lincoln Ave #510
General
- Sold For: $308,000
- HOA FEE: $433/month
- Taxes: $569 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12665436
- Added to Site: 146 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 in Residence, 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: Prairie Shores Property 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: 5
- Stories/Levels: 5
- Square Feet: 1,500
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1978
- Remodeled/Updated: 2026
Unit Information
- Units in Building: 44
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $433
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1978
- Tax Amount: $569
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Property ID: 10211300201043
Listed by Advocate Realty
Sold by Compass
Get Pre-Approved Today
Schools
Schools serving 5501 Lincoln Ave #510
| 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 #510
Date
Details
Price
Change
Source
10/01/2026
Sold
$308,000
3.01%
MLS
7/31/2026
Price Reduced
$299,000
-8%
MLS
6/02/2026
Listed
$325,000
—
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 #510, Morton Grove, IL 60053 (MLS# 12665436) is a Condo property that was sold at $308,000 on October 01, 2026. Want to learn more about 5501 Lincoln Avenue #510? 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.

