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    5506 Lincoln Ave, Unit A211 Morton Grove, IL 60053

    For Sale
    $149,900

    One bedroom condo in move-in condition with pool and laundry.

    Property Features for 5506 Lincoln Ave

    General Information

    Interior features
    1, : "Baseboard", "2": "Wall Unit(s)"

    Building Details

    Year built
    1975

    Source: Dimel Realty Inc Agent Sami Yonan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Edens Point Condo For Sale

    This is a one-bedroom, one-bath condo located on the second floor of the Edens Point condominium building. It features newer hardwood floors and fresh paint. The building is well-maintained and includes a first-floor laundry room and an in-ground outdoor swimming pool. The property is located near the expressway, public transportation, shopping, and restaurants, and is served by Park View and Niles West schools. The property is being sold AS-IS.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Internet Deals Telecommunications Service Provider Edens Point Condominiums Condominium Complex

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morton Grove
    County
    Cook
    State
    Illinois
    Longitude
    -87.7654182
    Latitude
    42.0349547

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    FAQs

    What type of property is this?
    Apartment building - One bedroom condo in move-in condition with pool and laundry.
    Where is this apartment building located?
    The property is located at 5506 Lincoln Ave, Unit A211 Morton Grove, IL.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Move-in ready condition with **newer hardwood floors and fresh paint**.; - Convenient location near expressway, public transportation, shopping, and restaurants.; - Enjoy access to an **in-ground outdoor swimming pool**.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5506 Lincoln Ave, Unit A211 Morton Grove, IL 60053
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