NOT LISTED FOR SALE

120 W Madison St Morton, IL 61550

Estimated Value: $268,052

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Last Sold August 28, 2020

Last sale price $950

Est. 28,116% increase in value since last sale

Current estimated payment $2,013/month

67 Days on Market

About This Home

As of August 2020

Hard to find office/warehouse space in the heart of Morton's CBD.

Last Agent to Sell the Property

Mike O'Bryan

RE/MAX Traders Unlimited License #471006473 Listed on: 06/22/2020

RE/MAX Traders Unlimited

Last Buyer's Agent

NON MLS

NON-MLS QCAR License #000.00000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,332

Year Built

  • Built in 1925

Lot Details

  • 0.28

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for trash, snow/lawn, gas, electric, water/sewer
  • The owner pays for real estate taxes, insurance, structural maintenance

Property Details

Property Type

Other

Est. Annual Taxes

$6,332

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Office
  • Lvt Date: 06/22/2020
  • Year Built: 1925
  • Flood Insurance: Unknown
  • Three Phase: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted
  • Maximum Ceiling Ht Feet: 15
  • Min Ceiling Ht Feet: 8
  • Total Building Sq Ft: 10000

Exterior Features

  • Exterior Finish: Block
  • Fenced: Yes
  • Frontage Access: Paved 2Lane, City Street
  • Insulation: Party Walls, Roof, Side Walls
  • Roof Construction: Tar/Gravel
  • Wall Construction: Block

Garage/Parking

  • Numberparking Spaces Allocated: 4

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air, Office Only
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City
  • Gas Company: Morton
  • Water Company: Morton

Association/Amenities

  • Amenities: Other Amenities

Lot Info

  • Zoning: C1
  • Geo Subdivision: IL
  • Irregular Lot: No
  • Lot Size Remarks: Parking for 4-6
  • Property Use: Flex Space

Rental Info

  • Monthly Lease Rate: 995
  • Lease Type: Gross
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance
  • Tenant Pays: Trash, Snow/Lawn, Gas, Electric, Water/Sewer
  • Terms Lease: 3 Years
  • Lease Renewal: y

Tax Info

  • Parcel Id Number Tax Id: 06-06-20-212-005
  • Tax Incentive: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Tbp Land Trust
Bought by
Three Z Partnership
Current Estimated Value
$268,052
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Three Z Partnership $250,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $950 0.0% --
06/22/2020 06/22/20 For Sale $950 -- --
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,332 $92,690 $17,930 $74,760
2023 $6,332 $86,350 $16,700 $69,650
2022 $6,124 $79,300 $15,340 $63,960
2021 $5,890 $76,250 $14,750 $61,500
2020 $5,710 $75,490 $14,600 $60,890
2019 $5,694 $75,490 $14,600 $60,890
2018 $5,590 $75,490 $14,600 $60,890
2017 $5,446 $74,750 $14,460 $60,290
2016 $5,342 $74,750 $14,460 $60,290
2015 $3,263 $0 $0 $0
2013 $3,230 $45,550 $8,090 $37,460
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike O'Bryan

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2020

    NON MLS

    NON-MLS QCAR

See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1216180

RMLS Alliance

APN: 06-06-20-212-005

Illinois Tazewell County Morton 61550

120 W Madison St, Morton, IL

This home is located at 120 W Madison St, Morton, IL 61550 since 22 June 2020 and is currently estimated at $268,052. This property was built in 1925. 120 W Madison St is a home located in Tazewell County with nearby schools including Morton High School, Blessed Sacrament School, and Bethel Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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