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5501 Lincoln Avenue Morton Grove, IL 60053 • Residential - Condominium • Active

  • 5501 Lincoln Avenue, Unit 206, Morton Grove, IL 60053 Main Photo

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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!

Property Highlights

Property Type: Residential - Condominium
Total Living Area SF: 1,340
Garage Size: 1
Attached Garage
Heated Garage
Elementary School: Park View Elementary School
High School: Niles West High School
Middle School: Park View Elementary School
Brick Exterior

General Information

Bedrooms: 2
Bathrooms: 2
Sqft: 1,340
County: Cook
High School: Niles West High School
Subdivision: Lincoln Terrace
Listed By:
RE/MAX City 773-775-0600
MRED MLS

Room Information

Balcony/Porch/Lanai: 12X5
Bedroom 2: 17X12
Dining Room: 17X12
Kitchen: 9X17
Living Room: 18X13
Primary Bedroom: 20X12
$290,000
Est. $2,028/mo
2beds
2baths
1,340sqft
1cars
Active
BEDS2 BATHS2 full SQUARE FEET1,340 MLS#12787901
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONLincoln Terrace SCHOOLDistrict 219

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5501 Lincoln Avenue, Unit 206, Morton Grove, IL 60053.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $290,000$290,000$290,000
Down Payment $58,000$10,150$72,500
Monthly Mortgage Amount $1,524$1,871$1,880
Taxes $404$404$404
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$128$0
Monthly Estimated Total $2,028$2,503$2,384

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