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5501 Lincoln Ave Unit 206 , Morton Grove, IL 60053
$290,000
Est. Payment: $1,555.99/mo
2 Bed
2 Bath
1340 Sqft
Status: active | Days on site: 8
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House Description

Fantastic opportunity to make this spacious 1,340 sq. ft., 2-bedroom, 2-bath condo your own! Located on the second floor of a well-maintained elevator building in desirable Morton Grove, this unit offers generously sized rooms, a functional floor plan, and two private balconies-one off the living room and another off the primary bedroom. The spacious primary suite features a full bathroom with a walk-in shower, separate dressing area, and walk-in closet. The galley kitchen offers an eating area, while newer windows provide an added benefit. Indoor garage parking is included, along with ample exterior parking for residents and guests. Additional conveniences include a storage unit on the same floor, common laundry facilities, and an exercise room. The building features a secure entrance, updated lobby, and a lovely private courtyard in the back. Excellent location with easy access to the Metra station, CTA Yellow Line, and I-94, plus Pace Bus Route #210 stopping directly in front of the building. While the unit needs updating, its generous square footage, desirable layout, and excellent location offer tremendous potential to create a beautiful home tailored to your taste. A great opportunity for buyers looking for space, convenience, and value!

Highlights

Listed by Alicia Kuzma , 847-274-3902 RE/MAX City , 773-775-0600. Midwest Real Estate Data mls logo

Property Type

Condo/Townhome

HOA Fee

450 Monthly

County

Cook

Area

Morton Grove

Neighborhood

Lincoln Terrace

School District

70

Listing ID

12787901

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Range, Microwave, Dishwasher, Refrigerator, Freezer
Air Cond:Central Air
Fireplaces:
Floor:Laminate
Other:
  • ▪ Additional:Storage
Water:Lake Michigan

Exterior Features

Lot Dimensions:common
Garage Capacity:2
Others:
  • ▪ Additional:Balcony
Sewer:Public Sewer
Parking Features:Garage Door Opener,Heated Garage,Yes,Garage Owned,Attached,Garage
Principal Interest
$1,556
Taxes
$513
HOA
$450

Home Price

$290,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$58,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,555.99

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,555.99 $512.58 $450.00 $2,518.57
Yearly $18,671.84 $6,151.00 $5,400.00 $30,222.84
Total $560,155.20 $184,530.00 $162,000.00 $906,685.20
Lender profile image
Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Morton Grove, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T00:56:05.000Z

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