5501 Lincoln Ave, Unit 203

$299,900
Price
2
Beds
1,565 Sq. Ft.
$192 / Sq. Ft.
1,565
Sq. Ft.
$192
per Sq. Ft.

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,...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),

Property Details for 5501 Lincoln Avenue, Unit 203

Area
Morton Grove
Subdivision
Lincoln Terrace
Township
Niles
Ownership
Condo
Num Of Garage Spaces
1.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air
LISTING UPDATED: 11/07/2025 12:07 AM

Property Details for 5501 Lincoln Avenue, Unit 203

StatusActive
MLS #12486062
Days on Market121
Taxes$5,130 / year
HOA Fees$433 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built1974
CountyCook County

Location

Listing Courtesy of Selective Realty Services Inc
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Building Information for 5501 Lincoln Avenue, Unit 203

Building/Complex5501 Lincoln AveFloor2Stories5Residences44Pet PolicyNot AllowedPet Policy Details-Year Built1974

Payment Calculator

$2,342 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,482

Property Taxes

$428

HOA Dues

$433

The Payment Calculator is for illustrative purposes only.

Property Information for 5501 Lincoln Avenue, Unit 203

General Information
School Information
  • Elementary School District: 70
  • Elementary School: Park View Elementary School
  • Jr High Middle School: Park View Elementary School
  • High School District: 219
  • High School: Niles West High School
  • Middle Or Junior School District: 70
Addtl Parking Information
  • Parking Details: Circular Driveway, Garage Door Opener, Yes, Garage Owned, Attached, Unassigned, Guest, Garage
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Parking, Common Insurance, Security System, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: No
Property Information
Interior Features
  • Interior Property Features: Storage, Walk-In Closet(s)
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Security Door Locks
  • Num Of Rooms: 5
  • Bedrooms Total: 2
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 2
  • Common Walls: End Unit
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Basement Bathrooms: No
  • Room Type: Balcony/Porch/Lanai, Walk In Closet
  • Num of Baths: 2.0
Exterior Features
  • Type: Condo,Mid Rise (4-6 Stories)
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Other Equipment: CO Detectors
Property/Lot Information
  • Exterior Property Features: Balcony
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2015
  • Built Before 1978: No
  • Age: 41-50 Years
  • Type Attached: Condo, Mid Rise (4-6 Stories)
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 5
  • Total # Units in Building: 44.0
  • Waterfront: No
  • Disability Access and/or Equipped: Yes
  • Construction: Brick
  • Foundation Details: Brick/Mortar
  • General Information: School Bus Service
  • North Coordinate: 10
  • West Coordinate: 6
  • Accessibility Features: No Interior Steps
  • Living Area Source: Landlord/Tenant/Seller
  • Management: Manager Off-site,Monday through Friday
  • Management Company: McKenzie Mgmt
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 20
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 20X12
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 15X12
Bedroom #3 Information
  • 3rd Bedroom Level: N/A
  • Room Type: Bedroom 3
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: COMBO
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 17X10
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 30X14
Walk In Closet 1 Information
  • Room Level: Main
  • Room Type: Walk In Closet
  • Dimensions: 7X6
Balcony/Porch/Lanai Information
  • Room Level: Main
  • Room Type: Balcony/Porch/Lanai
  • Dimensions: 23X5

Property History for 5501 Lincoln Avenue, Unit 203

DateEvent & SourcePriceAppreciation
Nov 1, 2025

Price Change

MRED #12486062

$299,900
Nov 1, 2025

Listed (Active)

MRED #12486062

$315,000
Oct 26, 2025

Contingent

MRED #12486062

Oct 20, 2025

Price Change

MRED #12486062

$299,900
Oct 2, 2025

Listed (Active)

MRED #12486062

$315,000
Apr 23, 2020

Sold (Public Record)

Public Record #674973542

$197,000

+5.3% / yr

Apr 23, 2020

Sold

MRED #10643963

$197,000
Feb 25, 2020

Pending

MRED #10643963

Feb 21, 2020

Cancelled

MRED #10525691

$217,500
Feb 21, 2020

Listed (Active)

MRED #10643963

$199,900
Sep 21, 2019

Listed (Active)

MRED #10525691

$219,900
Nov 16, 2015

Sold (Public Record)

Public Record #560082345

$156,500

+99.6% / yr

Nov 16, 2015

Sold

MRED #09044036

$156,500
Sep 30, 2015

Pending

MRED #09044036

Sep 21, 2015

Listed (Active)

MRED #09044036

$162,900
Aug 18, 2015

Sold (Public Record)

Public Record #556711751

$132,000
Aug 18, 2015

Sold (Public Record)

Public Record #556711751

$132,000

+6.0% / yr

Aug 18, 2015

Sold

MRED #08967808

$132,000
Jul 1, 2015

Pending

MRED #08967808

Jun 29, 2015

Listed (Active)

MRED #08967808

$139,000
Sep 23, 2014

Sold

MRED #08694937

$124,900
Sep 8, 2014

Sold (Public Record)

Public Record #483065442

$125,000
Aug 15, 2014

Pending

MRED #08694937

Aug 7, 2014

Listed (Active)

MRED #08694937

$124,900
DateEvent & SourcePrice
11/01/2025

Price Change

MRED #12486062

$299,900
11/01/2025

Listed (Active)

MRED #12486062

$315,000
10/26/2025

Contingent

MRED #12486062

10/20/2025

Price Change

MRED #12486062

$299,900
10/02/2025

Listed (Active)

MRED #12486062

$315,000
04/23/2020

Sold (Public Record)

Public Record #674973542

$197,000

+5.3% / yr

04/23/2020

Sold

MRED #10643963

$197,000
02/25/2020

Pending

MRED #10643963

02/21/2020

Cancelled

MRED #10525691

$217,500
02/21/2020

Listed (Active)

MRED #10643963

$199,900
09/21/2019

Listed (Active)

MRED #10525691

$219,900
11/16/2015

Sold (Public Record)

Public Record #560082345

$156,500

+99.6% / yr

11/16/2015

Sold

MRED #09044036

$156,500
09/30/2015

Pending

MRED #09044036

09/21/2015

Listed (Active)

MRED #09044036

$162,900
08/18/2015

Sold (Public Record)

Public Record #556711751

$132,000
08/18/2015

Sold (Public Record)

Public Record #556711751

$132,000

+6.0% / yr

08/18/2015

Sold

MRED #08967808

$132,000
07/01/2015

Pending

MRED #08967808

06/29/2015

Listed (Active)

MRED #08967808

$139,000
09/23/2014

Sold

MRED #08694937

$124,900
09/08/2014

Sold (Public Record)

Public Record #483065442

$125,000
08/15/2014

Pending

MRED #08694937

08/07/2014

Listed (Active)

MRED #08694937

$124,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5501 Lincoln Avenue, Unit 203

Taxable ValueLand$1,742Additions$16,019Total$17,761
Tax Record2023$5,130 ($428 / month)
Home Facts
Beds0Lot Size56,628 SqFtStyleCondominiumYear Built1978CountyCOOKAPN10-21-130-020-1003

Schools near 5501 Lincoln Avenue, Unit 203

This home is within Niles Twp Chsd 219 School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Park View Elementary School
PublicPK to 8

Niles Central
Public9 to 12

Niles West High School
Public9 to 12

Mcc Full Time School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5501 Lincoln Avenue, Unit 203 is a condo for sale in Morton Grove, IL 60053. This property was listed for sale on October 2, 2025 by Selective Realty Services Inc, it's currently listed at $299,900. It has been on the market for a total of 121 days and was last sold on April 23, 2020. This listing's school districts are Niles Twp Chsd 219 School District, Morton Grove School District 70. Nearby schools include Park View Elementary School, Niles Central and Niles West High School. 5501 Lincoln Avenue, Unit 203 is a 2-bed, 2-bath, 1,565 sqft condo built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Selective Realty Services Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/07/2025 12:07 AM. 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.