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Lotus

5500 Lincoln Avenue, Morton Grove, IL, 60053

YearBuilt

Year Built

1977

Stories

# Stories

4

#TotalUnits

# Total Units

86
UnitSizeRange

Unit Size Range

1,450-1,550 sqft

UnitDemand

Unit Demand

Stories

-

UnitAvailability

Unit Availability

Stories

-

Building Description

Lotus, located at 5500 Lincoln Avenue, Morton Grove, IL, stands as a classic 4-story residential building completed in 1977. Constructed with brick and concrete materials, Lotus integrates durability with timeless design. The structure incorporates a variety of 1 and 2-bedroom units that provide functional living spaces, tailored for diverse residential needs. Residents have access to essential amenities, including secure entry systems, on-site laundry facilities, and assigned parking spaces. Although it is not located on a waterfront, the Lotus is strategically positioned within the 60053 ZIP code, offering easy access to nearby parks and recreational areas, contributing to a balanced urban lifestyle. The surrounding environment is peaceful, with well-maintained streets and local conveniences such as grocery stores, cafes, and public transportation options within reach. The building design includes large windows, delivering ample natural light to each unit while promoting energy efficiency. The absence of high-rise developments nearby allows residents to enjoy unobstructed views of the surrounding suburban landscape. Overall, Lotus provides a stable residential option, ideal for individuals seeking a harmonious blend of practicality and convenience in a suburban setting.

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPool
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPet Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Lotus Market Report (last 12 months)

Avg. List Price
$188,267 ($202/Sqft.)
Year-Over-Year List Price
Up Arrow 0.06%
Total Listings
Listings3
Avg. Days On Market
Calendar43
Avg. Sale Price
$187,034 ($205/Sqft.)
Year-Over-Year Sale Price
Up Arrow 0.09%
Total Sold
Sold3
Avg. HOA Fees/Sqft
$3 /monthly

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