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Lotus Condominiums

Lotus Condominiums

Lotus Condominiums
Condominium Building
5500 Lincoln Ave
Morton Grove, IL 60053-3477
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

99 Units
5 Stories
1971 Year Built
$145K - $256K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Elevator
  • Madison Elementary School Rated A-
  • Resident Manager or Management On Site
  • Laundry Room
  • Trails
  • Laundry Facilities

Comfortable living in a well-managed community

Lotus Condominiums, a five-story building completed in 1971, offers 99 units that blend practicality and comfort. Situated conveniently near both Morton Grove and Southwest Skokie, this building provides a welcoming environment for residents seeking a relaxed lifestyle.

Versatile layouts with modern updates

Lotus Condominiums offers a range of unit sizes, from cozy one-bedroom units to spacious two-bedroom homes. The one-bedroom units range from 643 to 900 square feet and are priced between $145,000 and $156,800. These units feature one bathroom, ample closet space, and large windows that fill the space with natural light. The two-bedroom units vary from 855 to 1,500 square feet, with prices ranging from $215,000 to $227,500. These units offer one to two bathrooms, with some featuring dual his and her closets in the primary bedroom. Many units have been updated with modern finishes, including vinyl wood floors, quartz countertops, and stainless steel appliances. The open-concept living areas and large windows provide a bright and airy atmosphere, while the inclusion of heat, water, and gas in the HOA fees adds to the overall value.

Convenient amenities for everyday living

Residents of Lotus Condominiums enjoy a variety of amenities designed to enhance their living experience. Each floor is equipped with laundry facilities, ensuring convenience for all residents. The building offers ample storage options, including bike storage and additional storage spaces at the end of the hallways. With two elevators, accessing any floor is easy and efficient. Parking is plentiful, with both garage and exterior parking available. The building also features tenant-controlled HVAC systems, ensuring comfort throughout the year. Other amenities include air conditioning, dishwashers, microwaves, and stainless steel appliances in the units. The building is surrounded by walking and biking trails, providing opportunities for outdoor activities.

Laidback lifestyle with urban conveniences

Southwest Skokie, near Lotus Condominiums, offers a relaxed pace of life while being close to downtown Chicago. The neighborhood is known for its diverse community and friendly atmosphere. Residents have access to several parks, including Lockwood Park and Lorel Park, which offer picnic areas, sports courts, and playgrounds. For grocery shopping, options like Market Place On Oakton and Village Market Place Inc. are nearby. Dining options are plentiful, with local favorites such as Pita Inn and Bringer Inn offering a variety of cuisines. The area also boasts several schools, including Fairview South Elementary School and Niles North High School, providing quality education for families. For those looking to continue their education, Oakton Community College is a convenient option. Shopping needs are met with nearby stores like Target and Marshalls, while the Skokie Public Library and Morton Grove Public Library offer excellent resources for residents.

Accessible transportation options

Lotus Condominiums is well-connected to various transportation options, making commuting easy for residents. The Lincoln & Linder bus stop is just a short walk away, providing access to Lincoln Avenue. The Dempster-Skokie station on the Yellow Line of the "L" is about a 15-minute walk or a 5-minute drive, offering a direct route to downtown Chicago. For those who prefer the train, the Morton Grove Station on the Milwaukee District North Line is approximately a 25-minute walk or a 5-minute drive. For air travel, Chicago O'Hare International Airport is about a 20-minute drive, while Chicago Midway International Airport is approximately 35 minutes away.

Building Details

Recreation

  • Trails

Amenities

  • Laundry Facilities
  • Resident Manager or Management On Site

Parking

  • 1 Car Garage
  • On-Site Parking
  • Parking Lot
  • 1 Garage Space Per Unit

Pet Policy

  • No Pets Allowed

Condo Association

  • $417 Monthly HOA Fees
  • Monthly HOA Fees Range from $292 - $417
  • Association fees include heat, water, gas, insurance, security, lawn care, scavenger, snow removal
  • Nancy Association, Phone Number (847) 866-7400
  • Association Phone (847) 998-0404
  • Property managed by NS Management

Building Design

  • Elevator

Unit Features

  • Laundry Room

Unit Information

Unit
Date
03/27/2025
10/08/2024
07/10/2024
Beds
2 Beds
2 Beds
2 Beds
Baths
2 Baths
1 Bath
2 Baths
Sq Ft
1,080
855
--
Price
$235,000
$203,500
$227,500
Price / Sq Ft
$218 / Sq Ft
$238 / Sq Ft
--

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
850
Est. Values
$144,995 - $203,258
2 Bedroom Units
Sq Ft Range
855 - 1,250
Est. Values
$183,998 - $256,064

Map

Area Factors

Low Crime

Crime Score®

3 / 10

Bikeable

Bike Score®

63 / 100

Somewhat Walkable

Walk Score®

58 / 100

Some Transit

Transit Score®

41 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

70 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$12K - $16K
Range of Taxes in Building
$114 - $4,522
Range of Taxes per Sq Ft
$0.01 - $4.35

Property Tax History

Source: Public Records
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.