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5500 Lincoln Ave

Morton Grove, IL 60053

1 bd 1 ba 900 sqft Built 1977 condos
Most recent sale
$145,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $145,000 MLS #11444694
Jun 23, 2022 Listed $129,900 MLS #11444694
Jul 20, 2005 Sold $146,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $10,748 $1,115 $11,863 $3,426
2022 $10,748 $1,115 $11,863 $2,323
2021 $8,687 $686 $9,373 $1,938
2020 $8,687 $686 $9,373 $1,957
2019 $9,788 $686 $10,474 $1,972
2018 $5,978 $622 $6,600 $999
2017 $5,978 $622 $6,600 $1,025
2016 $5,978 $622 $6,600 $1,229
2015 $6,011 $536 $6,547 $1,264
2014 $6,011 $536 $6,547 $1,281
2013 $6,011 $536 $6,547 $1,232
2012 $8,399 $643 $9,042 $1,866
2011 $8,399 $643 $9,042 $1,905
2010 $8,399 $643 $9,042 $1,919
2009 $12,358 $686 $13,044 $2,697
2008 $14,027 $1,098 $15,125 $2,419
2007 $14,027 $1,098 $15,125 $2,319
2006 $10,676 $1,581 $12,257 $1,992

Property facts

Year built
1977
Property type
condos
Stories
5
Beds
1
Baths
1
Living area
900 sqft
Lot size
ZIP code
60053
City
Morton Grove
Street
Lincoln Ave
Coordinates
42.03510, -87.76476

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,620
Gross rental yield
13.41%
Implied cap rate
8.71%
Trend-extrapolated value

Frequently asked questions

When did 5500 Lincoln Ave last sell?
5500 Lincoln Ave most recently sold on Aug 8, 2022 for $145,000.
What is the current tax assessment for 5500 Lincoln Ave?
The most recent total assessment for 5500 Lincoln Ave (year 2023) is $11,863 with $3,426 in property tax.
How does 5500 Lincoln Ave's assessment compare to its last sale price?
The current assessment is 91.8% below the last sale price of $145,000.
When was 5500 Lincoln Ave built?
5500 Lincoln Ave was built in 1977.
How does 5500 Lincoln Ave compare to others on Lincoln Ave?
We track 8 other properties on Lincoln Ave. Browse the list under "Other properties on Lincoln Ave" to compare beds, baths, and sale history.
What are the property facts for 5500 Lincoln Ave?
5500 Lincoln Ave is a 1 bed, 1 bath, 900 sqft condos.
Is 5500 Lincoln Ave a flip candidate?
No — 5500 Lincoln Ave does not appear in our flips dataset.
Is 5500 Lincoln Ave a tax-appeal candidate?
No — 5500 Lincoln Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.2%
Implied 1-yr
+20.9%
2026 Q3
$681.5K
2026 Q4
$708K
ZIP 60053 — Median Price History + Forecast

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