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5500 Lincoln Ave

Morton Grove, IL 60053

2 bd 2 ba 1,100 sqft Built 1977 condos
Most recent sale
$146,000
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2022 Sold $146,000 Public Record
Mar 4, 2022 Listed $150,000 MLS #11156347
Feb 28, 2022 Sold $146,000 MLS #11156347
Oct 15, 2021 Price changed $150,000 MLS #11156347
Sep 11, 2021 Price changed $165,000 MLS #11156347
Jul 22, 2021 Price changed $170,000 MLS #11156347
Jul 15, 2021 Listed $196,000 MLS #11156347
Dec 29, 2015 Sold $100,000 Public Record
Oct 17, 2015 Listing removed $104,900 MRED
Sep 26, 2015 Price changed $104,900 MLS #08925335
Jul 22, 2015 Price changed $120,000 MLS #08925335
Jun 18, 2015 Price changed $124,900 MLS #08925335
May 18, 2015 Listed $139,900 MLS #08925335
Jun 17, 2014 Listing removed $950 MRED
Jun 11, 2014 Listed for rent $950 MRED
May 14, 2004 Sold $179,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $14,555 $1,511 $16,066 $4,640
2022 $14,555 $1,511 $16,066 $3,480
2021 $11,764 $929 $12,693 $3,003
2020 $11,764 $929 $12,693 $2,994
2019 $13,256 $929 $14,185 $3,972
2018 $8,095 $842 $8,937 $2,820
2017 $8,095 $842 $8,937 $2,841
2016 $8,095 $842 $8,937 $2,678
2015 $8,141 $726 $8,867 $2,857
2014 $8,141 $726 $8,867 $2,854
2013 $8,141 $726 $8,867 $2,789
2012 $11,374 $871 $12,245 $3,489
2011 $11,374 $871 $12,245 $2,774
2010 $11,374 $871 $12,245 $2,769
2009 $16,735 $929 $17,664 $2,903
2008 $18,996 $1,487 $20,483 $2,605
2007 $18,996 $1,487 $20,483 $4,150
2006 $14,420 $2,136 $16,556 $2,643

Property facts

Year built
1977
Property type
condos
Stories
5
Beds
2
Baths
2
Living area
1,100 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
$876
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 Mar 11, 2022 for $146,000.
What is the current tax assessment for 5500 Lincoln Ave?
The most recent total assessment for 5500 Lincoln Ave (year 2023) is $16,066 with $4,640 in property tax.
How does 5500 Lincoln Ave's assessment compare to its last sale price?
The current assessment is 89.0% below the last sale price of $146,000.
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 2 bed, 2 bath, 1,100 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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