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5501 Lincoln Avenue #404

Morton Grove, IL 60053

5501 Lincoln Avenue #404, Morton Grove, IL 60053 — exterior front view
5501 Lincoln Avenue #404, Morton Grove, IL 60053 — exterior view
5501 Lincoln Avenue #404, Morton Grove, IL 60053 — exterior view

5501 Lincoln Avenue #404

Morton Grove, IL

$318,500

ActiveMLS #MRD12659264

5501 Lincoln Avenue #404

Morton Grove, IL 60053·Lincoln Terrace

$318,500

Reduced $23,500

List Price

2

Bedrooms

2

Bathrooms

1,500

Sq Ft

$212

/ Sq Ft

About This Property

This one of a kind, beautifully renovated fourth floor corner unit is one of the largest in the building, wrapped in south & east sunlight all day long. At nearly 1,500 square feet, it lives more like a house than a condo. The layout was thoughtfully redesigned by the current owners to open the kitchen to the living & dining space with a breakfast bar, kitchen nook & built-in bench storage, that make this space as functional as it is stylish. The sleek kitchen showcases quartz countertops & sta...

Property Details

Key Facts

Overview
Property TypeResidential
Bedrooms2
Bathrooms2
Square Feet1,500
Price / Sq Ft$212
Days on Market53
Building
StyleCondo
Lot SizeCommon
CountyCook
RoomLevel
FoyerMain
Walk In ClosetMain
Walk In ClosetMain
Balcony/Porch/LanaiMain
Bedroom 2Main
Bedroom 3
Bedroom 4
Dining RoomMain
Family Room
KitchenMain
Laundry
Living RoomMain
Master BedroomMain
HeatingElectric
CoolingCentral Air
BasementNone
Garage Spaces1
IncludedRange, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Electric Cooktop, Electric Oven
ExteriorBrick
Garage Spaces1
Parking Spaces2
WaterPublic
SewerPublic Sewer
Lot DimensionsCommon
Lot FeaturesCommon Grounds
Building Stories5
Building AmenitiesCoin Laundry,Elevator in Residence,Exercise Room,Storage,Party Room,Elevator(s)
Parking TypeGarage Door Opener, Yes, Garage Owned, Attached, Unassigned, Off Street, Guest, Additional Parking, Parking Lot, Owned, Garage
HOA Fee$450/mo
Water IncludedY
MLS #MRD12659264
Days on Market53
List DateJune 4, 2026
StatusActive
Annual Taxes$4,450
Listing Courtesy OfColdwell Banker Realty

Price reduced

$318,500

$11,000

Jul 7, 2026

Price reduced

$329,500

$12,500

Jun 24, 2026

Listed for sale

MLS #MRD12659264

$342,000

Jun 4, 2026

Mortgage Estimate

$2,431

/month
Principal & Interest
$1,611
Property Taxes
$371
HOA / Assessment
$450
20% · $63,700
6.5%

Location

Lincoln Terrace · 5501 Lincoln Avenue #404, Morton Grove, IL 60053

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5501 Lincoln Avenue #404, Morton Grove, IL 60053

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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