5501 Lincoln Ave Unit 203 Morton Grove, IL 60053
Southwest Skokie NeighborhoodEstimated payment $2,531/month
Highlights
- Fitness Center
- Lock-and-Leave Community
- End Unit
- Park View Elementary School Rated A
- Wood Flooring
- Party Room
About This Home
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.
Listing Agent
Selective Realty Services Inc License #475140337 Listed on: 10/02/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,130
Year Built
- Built in 1978 | Remodeled in 2015
HOA Fees
- $433 Monthly HOA Fees
Parking
- 1 Car Garage
- Circular Driveway
- Parking Included in Price
- Unassigned Parking
Home Design
- Entry on the 2nd floor
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 1,565 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Storage
- Laundry Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Home Security
Accessible Home Design
- Accessibility Features
- No Interior Steps
Schools
- Park View Elementary School
- Niles West High School
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Additional Features
- Balcony
- End Unit
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, security, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 44 Units
- Yvonne Balazik Association, Phone Number (847) 813-5939
- Mid-Rise Condominium
- Lincoln Terrace Subdivision, Corner Floorplan
- Property managed by McKenzie Mgmt
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Party Room
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,130 | $17,762 | $1,743 | $16,019 |
| 2023 | $4,888 | $17,762 | $1,743 | $16,019 |
| 2022 | $4,888 | $17,762 | $1,743 | $16,019 |
| 2021 | $4,725 | $14,730 | $1,072 | $13,658 |
| 2020 | $3,630 | $14,730 | $1,072 | $13,658 |
| 2019 | $3,649 | $16,461 | $1,072 | $15,389 |
| 2018 | $2,074 | $10,009 | $971 | $9,038 |
| 2017 | $2,109 | $10,009 | $971 | $9,038 |
| 2016 | $2,251 | $10,009 | $971 | $9,038 |
| 2015 | $2,717 | $8,430 | $837 | $7,593 |
| 2014 | $2,714 | $8,430 | $837 | $7,593 |
| 2013 | $1,234 | $8,430 | $837 | $7,593 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | For Sale | $315,000 | +59.9% | $201 / Sq Ft |
| 04/23/2020 04/23/20 | Sold | $197,000 | -1.5% | $126 / Sq Ft |
| 02/25/2020 02/25/20 | Pending | -- | -- | -- |
| 02/21/2020 02/21/20 | For Sale | $199,900 | +27.7% | $128 / Sq Ft |
| 11/16/2015 11/16/15 | Sold | $156,500 | -3.9% | $108 / Sq Ft |
| 09/30/2015 09/30/15 | Pending | -- | -- | -- |
| 09/21/2015 09/21/15 | For Sale | $162,900 | +23.4% | $112 / Sq Ft |
| 08/18/2015 08/18/15 | Sold | $132,000 | -5.0% | $120 / Sq Ft |
| 07/01/2015 07/01/15 | Pending | -- | -- | -- |
| 06/29/2015 06/29/15 | For Sale | $139,000 | +11.3% | $126 / Sq Ft |
| 09/23/2014 09/23/14 | Sold | $124,900 | 0.0% | $114 / Sq Ft |
| 08/15/2014 08/15/14 | Pending | -- | -- | -- |
| 08/07/2014 08/07/14 | For Sale | $124,900 | -- | $114 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $197,000 | Chicago Title | |
| Deed | $156,500 | Jptitle | |
| Warranty Deed | $132,000 | North American Title Company | |
| Deed | $125,000 | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $177,300 | New Conventional | |
| Previous Owner | $109,550 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12486062
APN: 10-21-130-020-1003
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