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5501 Lincoln Ave Unit 310, Morton Grove, IL, 60053

$265,000

Home List Price

$3,147*

Closing Credit

2 Bedrooms
2 Full Baths
1,553 SqFt
$171/SqFt
Condo

Location

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5501 Lincoln Ave Unit 310, Morton Grove$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnassigned, Zoned Permit, Visitor Parking, Additional Parking, Circular Driveway, Parking Lot
Attached Garage1 space
Year Built1978
HeatingElectric
CoolingCentral Air
MLS #12207144
StatusActive

About 5501 Lincoln Ave Unit 310

Temporarily PRICED BELOW MARKET VALUE Updated Unit W/Newer S/S Appliances,Maple W/Glass C-Thru Cabinets,Underneath Cab Lighting,18" Ceramic Titles & Windows, Big Deck W/2 New Entrances, Kitchen Barn Door Entryway, Lg Living Rm/Dining Rm Combo W/Mirror Wall, New Ceiling Fans T/O,Master Bath Updated W/Separate Dressing Area & Lg Walk In Closet. Extra Storage Across The Hall, Condo has been Meticulously Cared 4 (1) Car Heated Gar (#41) & 1 Extra Outdoor Parking W/Guest Overnight Parking W/Pass,1st Flr Laundry Rm W/6 Washers & Dryers, Property Tax's Doesn't Reflect Any Homeowners Exemptions

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 5
  • Living Area: 1,553 SqFt

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (847) 432-0700
  • Listing Agent: Donald Marcus

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Electric Cooktop, Electric Oven
  • Basement: No
  • Interior: Elevator, Wood Laminate Floors, First Floor Laundry, Storage, Built-in Features, Walk-In Closet(s), Dining Combo, Drapes/Blinds, Lobby

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony, Cable Access

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Unassigned, Zoned Permit, Visitor Parking, Additional Parking, Circular Driveway, Parking Lot

Lot Features

Lot Information:

  • Lot: Landscaped, Sidewalk

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Lincoln To West of GrossPoint Rd & East of Edens

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $171/SqFt

HOA Fees:

  • Amount: $410
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,492
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Morton Grove, IL.

Med. Sold Price

$420K

Med. Price/SqFt

$251

Avg. Days On Market

14

# of Sold Homes

22

5501 Lincoln Ave Unit 310 vs Morton Grove

38 DAYS ON ROCKET

+24 Days

$265,000

-$155K Less

$171/SqFt

-$80 Less

KEY TAKEAWAY

This property is $155K less than the Median Sold Price and $80/SqFt less than other homes in Morton Grove, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12207144

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (847) 432-0700
  • Listing Agent: Donald Marcus

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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 Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:46:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 10, 2013Home Sold
$105,000
Nov 16, 2004Home Sold
$222,000

Tax History

YEARPROP. TAXASSESSMENT
2019$4,492$16,044
2018$3,078$9,757
2017$3,101$9,757

History based on county public records data.

Payment Calculator

$1,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4298749
6
/10
  • Thomas Edison Elementary School

  • 8200 Gross Point Rd

  • 0.29 miles

  • Public District Grades 3-5

school-card-donut-4298750
6
/10
  • Jane Stenson Elementary School

  • 9201 Lockwood Ave

  • 1.06 miles

  • Public District Grades KG-5

school-card-donut-4298751
5
/10
  • Devonshire Elementary School

  • 9040 Kostner Ave

  • 1.63 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,533. Typical income of Morton Grove, IL residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5501 Lincoln Ave Unit 310

What is the listing price of this property?

The listing price of 5501 Lincoln Ave Unit 310 property is $265,000.

What type of property is this?

The property 5501 Lincoln Ave Unit 310 is a condo located in Morton Grove, Illinois, 60053.

Is this property for sale now?

Active Listing: 5501 Lincoln Ave Unit 310 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $4,492 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 10, 2013 for $105,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5501 Lincoln Ave Unit 310 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5501 Lincoln Ave Unit 310 is 1,553 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5501 Lincoln Ave Unit 310 is 1978.

Rocket Homes›Illinois›Cook County›Morton Grove›60053›5501 Lincoln Ave Unit 310

This home is located at 5501 Lincoln Ave Unit 310 in Morton Grove, IL and zip code 60053 in the Lincoln Terrace neighborhood. This 1,553 square foot home was built in 1978. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $265,000.

Morton Grove, IL housing market in November 2024 saw over 10 listings sold above listed price, more than 4 sold at listed price and over 8 sold below. The number of listings in Morton Grove, IL decreased by 14.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $420,000, while the average time on the real estate market was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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