1 of 50
$1,599,000 SIGNIN

Sign in to see required down payment for the 5.76% rate

124 Lincoln St, Glenview, IL 60025

6 beds · 5 baths · 4,300 sqft

If Rolls-Royce designed and built homes, 124 Lincoln would be its masterpiece- a stunning fusion of luxury, innovation, and energy-efficient design in the heart of Glenview.Just steps from top-rated schools, parks, the Metra, and downtown, this home offers the perfect blend of convenience and elegance. From the moment you arrive, the Rukki metal roof, NICHIHA Japanese panel siding, and paver driveway set the tone for sophistication and durability. Step through the oak front door into a space where natural light pours through German-crafted double pane tilt- and- turn windows, highlighting the seamless balance of beauty and function. With fully self-closed insulation, the home stays comfortable year-round. At the heart of the home lies a breathtaking custom kitchen-a true chef's dream. Towering custom cabinetry provides ample storage while adding a dramatic, sophisticated touch. The massive breakfast island serves as a stunning centerpiece, topped with super thick quartz countertops that extend seamlessly into a matching quartz backsplash for a sleek, modern aesthetic. Designed for effortless cooking, the kitchen is equipped with a high-end built-in refrigerator, a premium cooktop with a convenient pot filler, and expansive cabinet and counter space. The custom white oak staircase with an open razor design makes a bold statement, complemented by engineered hardwood floors throughout. A cozy family room with a fireplace overlooks the backyard. Step outside to a maintenance-free deck-perfect for hosting summer barbecues or enjoying a quiet evening under the stars.First floor also offers bedroom/office and a full bath. Upstairs, the primary suite is a tranquil retreat with dual walk-in closets, an oversized European shower, and a soaking tub surrounded by Italian tile. Three additional bedrooms include a Jack-and-Jill bath, a private en-suite, and a versatile bonus room. The walkout basement offers heated floors, a sauna, a full bath, a spacious recreation room, and an additional bedroom-perfect for guests or a home office. Heated floors in the garage, two laundry rooms, and a maintenance-free composite deck and fence add to the home's convenience. With 400-amp electrical service and CAT5 wiring, smart home integration is effortless. 124 Lincoln isn't just a house-it's a lifestyle of comfort, innovation, and luxury. Welcome home!

Estimated
Seller's interest rate
5.76%
7%
Estimated
Monthly payment

$9,299
$9,814
You may also save up to $81,335 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $9,814 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
FHA
Rate
5.76%
Remaining term
13 yrs and 2 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$9,299
Principal & interest
$7,046
Mortgage insurance
$459
Property taxes
$954
Home insurance
$839
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
4,300 sqft
Lot size
0.1561 acres
Year built
2025
Type
Single Family Residence
HOA dues
$0.00

Source: MRED #12304290

Qualify

To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

View all FAQs
Last updated: Apr 16, 2025 06:08 am
Listing agent: Lena Bondar (847) 630-7020
Listing provided courtesy of: @properties Christie's International Real Estate (847) 832-0002
Details provided by MRED and may not match the public record.
MLS ID: #12304290
Based on information submitted to the MLS GRID as of Apr 17 2025 - 02:47. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.