$139,900
PENDING

507 E Adams St Morton, IL 61550

Estimated payment $1,022/month

Total Views 1,219
3 Beds
-- Bath
1,732 Sq Ft
$81 Price per Sq Ft

Highlights

  • 6 Car Detached Garage
  • Guest Parking
  • Level Lot
  • Morton High School Rated A-
  • Hot Water Heating System

About This Home

Fantastic Investment Opportunity in Morton! Unlock the potential of this duplex in the heart of Morton- a perfect start or addition to your investment portfolio! The main level unit offers a spacious layout featuring an eat-in kitchen, formal dining room, comfortable living room, and two bedrooms (one without a closet) and a full bath. Convenient laundry hookups are located in the basement. The upper unit includes a kitchen with appliances remaining, living area, bedroom and bath- ideal for a tenant or extended family. Outside, enjoy a nice-sized yard, perfect for outdoor relaxation. The property also includes a detached 2-car garage- extra deep, fitting up to 4 vehicles- plus a 2-car covered carport, offering abundant parking and storage space. With its great location, versatile setup, and income potential, this property is a smart buy for investors or owner-occupants alike! Conveniently located to downtown Morton, schools, restaurants, shopping, etc. Upper unit is vacant, Main unit has tenant of 20yrs. 24hr notice for all showings. Please leave dining room light on at all times. Selling "As-Is", inherited property.

Listing Agent

Victoria Stiel

RE/MAX Traders Unlimited Brokerage Phone: 309-251-8348 License #475126450 Listed on: 11/03/2025

RE/MAX Traders Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,397

Year Built

  • Built in 1898

Lot Details

  • Lot Dimensions are 80x124
  • Level Lot

Home Design

  • 1,732 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Rubber Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 6 Car Detached Garage
  • Carport
  • Guest Parking
  • On-Street Parking

Schools

  • Morton High School

Utilities

  • Window Unit Heating System
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Mary E. Campbell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-06-21-122-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,397

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1898
  • New Construction: No
  • Structure Type: Two or More Story
  • Attribution Contact: Cell: 309-251-8348
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Partial
  • Total Bedrooms: 3
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Aluminum Siding, Brick Partial
  • Roof: Composition, Rubber, Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Carport, Detached, Guest, On Street
  • Total Parking Spaces: 6

Utilities

  • Heating: Electric, Hot Water, Other, Gas Water Heater, Window Unit(s)
  • Laundry Features: Other
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 1
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 1

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Morton

Lot Info

  • Lot Size: 80x124
  • Parcel #: 06-06-21-122-008

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3396.84
  • TaxExemptions: None

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 $3,279 $47,990 $8,650 $39,340
2023 $3,279 $44,710 $8,060 $36,650
2022 $3,171 $41,060 $7,400 $33,660
2021 $3,051 $39,490 $7,120 $32,370
2020 $2,957 $39,100 $7,050 $32,050
2019 $2,949 $39,100 $7,050 $32,050
2018 $2,895 $39,100 $7,050 $32,050
2017 $2,821 $37,280 $6,720 $30,560
2016 $2,766 $37,280 $6,720 $30,560
2015 $2,670 $0 $0 $0
2013 $2,643 $37,280 $6,720 $30,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2025 11/08/25 Pending -- -- --
11/03/2025 11/03/25 For Sale $139,900 -- $81 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- --
Source: Public Records

Source: RMLS Alliance

MLS Number: PA1262076

RMLS Alliance

APN: 06-06-21-122-008