5500 Lincoln Ave
Morton Grove, IL 60053
1 bd 1 ba 850 sqft Built 1977 condos
Most recent sale
$125,000
Jul 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 18, 2022 | Sold | $125,000 | MLS #11411375 |
| May 21, 2022 | Listed | $129,900 | MLS #11411375 |
| May 16, 2022 | Listing removed | $129,900 | MRED |
| May 13, 2022 | Listed | $129,900 | MLS #11404029 |
| May 13, 2019 | Sold | $106,500 | Public Record |
| Jan 14, 2019 | Sold | $106,500 | MLS #10137771 |
| Nov 14, 2018 | Listed | $112,000 | MLS #10137771 |
| Sep 10, 2001 | Sold | $126,500 | Public Record |
| Mar 7, 1997 | Sold | $77,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $10,748 | $1,115 | $11,863 | $3,426 |
| 2022 | $10,748 | $1,115 | $11,863 | $3,264 |
| 2021 | $8,687 | $686 | $9,373 | $3,006 |
| 2020 | $8,687 | $686 | $9,373 | $2,926 |
| 2019 | $9,788 | $686 | $10,474 | $2,932 |
| 2018 | $5,978 | $622 | $6,600 | $2,082 |
| 2017 | $5,978 | $622 | $6,600 | $2,098 |
| 2016 | $5,978 | $622 | $6,600 | $1,977 |
| 2015 | $6,011 | $536 | $6,547 | $2,109 |
| 2014 | $6,011 | $536 | $6,547 | $2,107 |
| 2013 | $6,011 | $536 | $6,547 | $1,668 |
| 2012 | $8,399 | $643 | $9,042 | $2,576 |
| 2011 | $8,399 | $643 | $9,042 | $2,452 |
| 2010 | $8,399 | $643 | $9,042 | $2,401 |
| 2009 | $12,358 | $686 | $13,044 | $3,180 |
| 2008 | $14,027 | $1,098 | $15,125 | $2,535 |
| 2007 | $14,027 | $1,098 | $15,125 | $3,064 |
| 2006 | $10,676 | $1,581 | $12,257 | $2,169 |
Property facts
Year built
1977
Property type
condos
Stories
5
Beds
1
Baths
1
Living area
850 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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5500 Lincoln Ave last sell?
5500 Lincoln Ave most recently sold on Jul 18, 2022 for $125,000.
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 90.5% below the last sale price of $125,000.
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, 850 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 valuationQuarterly trend
+5.2%
Implied 1-yr
+20.9%
2026 Q3
$681.5K
2026 Q4
$708K
ZIP 60053 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lincoln Ave