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5501 Lincoln Avenue Morton Grove, IL 60053 Residential - Condominium New

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  • 5501 Lincoln Avenue , Unit 510, Morton Grove, IL 60053 Main Photo

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Description

Located in the heart of Morton Grove sought-after residential neighborhood, this freshly remodeled (May 2026) top floor penthouse 2 bed, 2 bath condo delivers the lifestyle today's buyers want-modern comfort, walkable convenience, and the energy of one of the suburbs hottest neighborhoods.The large 1500 square foot living space featuring a stylish kitchen with granite countertops, stainless steel appliances and large patio door exit out to the balcony. Step out onto your balcony and take in the breeze that only the top floor unit can offer. The spacious primary suite offers the kind of retreat every professional appreciates-generous closet space and a bathroom with double sinks and an extended two person separate shower. Additional features include assigned indoor garage parking (#24) as well as a second outdoor space, storage, and updates like, freshly painted, two remodeled bathrooms and kitchen. Easy access to public transportation, Metra, and expressways (94/294) takes 21 minutes to reach downtown area.

Property Highlights

Property Type: Residential - Condominium
Total Living Area SF: 1,500
Garage Size: 1
Attached Garage
Built in 1978
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: 1,500
County: Cook
High School: Niles West High School
Subdivision: Lincoln Terrace
Listed By:
Advocate Realty 630-860-0600
MRED MLS

Room Information

Balcony/Porch/Lanai: 23X5
Walk In Closet: 7X6
Bedroom 2: 15X12
Dining Room: COMBO
Kitchen: 17X10
Living Room: 30X14
Primary Bedroom: 20X12
$325,000
Est. $2,132/mo
2beds
2baths
1,500sqft
1cars
New to the Market New
BEDS2 BATHS2 full SQUARE FEET1,500 MLS#12665436
STATUSNew PROPERTY TYPEResidential - Condominium SUBDIVISIONLincoln Terrace SCHOOLDistrict 219

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5501 Lincoln Avenue , Unit 510, Morton Grove, IL 60053.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $325,000$325,000$325,000
Down Payment $65,000$11,375$81,250
Monthly Mortgage Amount $1,580$1,965$2,008
Taxes $452$452$452
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$143$0
Monthly Estimated Total $2,132$2,660$2,560

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