NOT LISTED FOR SALE

35 E Jackson St Morton, IL 61550

Estimated Value: $207,159 - $242,000

3 Beds
3 Baths
1,713 Sq Ft
$132/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $160,000 $93 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,522/month

7 Days on Market

About This Home

As of March 2022

Incredible Opportunity for Investors or Owner-Occupants! Currently operated as a duplex: Unit 1 is owner-occupied 2 bed/2 bath for main floor & finished basement; Unit 2 is rented for $400 plus tenant shares in utility costs & is a 1 bed/1 bath apartment with private entrance on second floor. If converted back to single family would be a 3-4 bedroom, 3 bath home & interior staircase can be re-opened via kitchen pantry closet. Zoned R2 & is in Morton's Commercial and Enterprise Zones - see associated docs for maps and further info on the property. Property has many features such as built-ins, front porch, beautiful woodwork and fully fenced yard.

Last Agent to Sell the Property

Jessica Ball

RE/MAX Traders Unlimited License #475175281 Listed on: 01/19/2022

RE/MAX Traders Unlimited

Last Buyer's Agent

Josh Graham

RE/MAX Traders Unlimited License #475.173510

RE/MAX Traders Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,621

Year Built

  • Built in 1922

Lot Details

  • 7,841

Partially Finished Basement

  • Sump Pump

Schools

  • Morton High School

Listing and Financial Details

  • Tenant pays for lawn care

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,621

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Other Style
  • Legal Description: SEC 16 T25N R3W MOSCHELS & ACKERMANS ADDN SLS 15 & 16 OF LOT 1 SW 1/4
  • Lvt Date: 01/19/2022
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 1
  • Basement: Partially Finished
  • Price Per Sq Ft: 93.4
  • Total Sq Ft: 1713

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters
  • Roofing: Shingles
  • Exterior Amentities: Fenced

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water, Sump Pump
  • Laundry Facilities: Private

Schools

  • High School: Morton

Lot Info

  • Estimated Lot Size: see plat
  • Lot Description: Level
  • Zoning: R2
  • Subdivision: Moschels & Ackerman
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: Lawn Care
  • Gross Annual Rent Income: 4800
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 3620.68
  • Parcel Id Number Tax Id: 06-06-16-309-019
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 4800
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2022 03/30/22 Sold $160,000 -5.8% $93 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $169,900 +30.8% $99 / Sq Ft
06/03/2014 06/03/14 Sold $129,900 +4.0% $44 / Sq Ft View Prior Sale
02/14/2014 02/14/14 Pending -- -- --
03/06/2012 03/06/12 For Sale $124,900 -- $42 / Sq Ft
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 $4,078 $66,130 $8,910 $57,220
2023 $4,078 $61,610 $8,300 $53,310
2022 $3,906 $56,580 $7,620 $48,960
2021 $3,740 $54,410 $7,330 $47,080
2020 $3,621 $53,870 $7,260 $46,610
2019 $3,611 $53,870 $7,260 $46,610
2018 $3,545 $53,870 $7,260 $46,610
2017 $3,453 $53,340 $7,190 $46,150
2016 $3,383 $53,340 $7,190 $46,150
2015 $3,680 $0 $0 $0
2013 $3,643 $51,380 $6,930 $44,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1231375

RMLS Alliance

APN: 06-06-16-309-019