NOT LISTED FOR SALE

640 S Detroit Ave Morton, IL 61550

Estimated Value: $253,000 - $298,000

4 Beds
4 Baths
2,787 Sq Ft
$98/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $235,000 $84 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,784/month

3 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • Level Lot
  • Morton High School Rated A-
  • High Speed Internet
  • 4-minute walk to Morton Park District

About This Home

As of June 2024

Well maintained tri-level duplex in the heart of Morton, located on a large lot! Beautiful interior / currently rented as 2 bedrooms (3 bedroom potential). Don't miss this opportunity!

Last Agent to Sell the Property

Ryan Blackorby

Jim Maloof Realty, Inc. Brokerage Phone: 309-657-6787 License #471009786 Listed on: 05/06/2024

Jim Maloof Realty, Inc.

Last Buyer's Agent

Alex Smith

Keller Williams Premier Realty License #475164837

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,973

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 120x130
  • Property fronts a private road
  • Level Lot

Home Design

  • Block Foundation
  • Slate Roof

Interior Spaces

  • 2,787 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Schools

  • Morton Elementary And Middle School
  • Morton High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • West Prairie View Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, lawn care
  • Assessor Parcel Number 06-06-20-301-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,973

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1973
  • New Construction: No
  • Structure Type: Duplex
  • PricePerSqFt: 84.32
  • Attribution Contact: Pref: 309-657-6787
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Interior Amenities: Cable Available, Garage Door Opener(s), High Speed Internet

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Curbs & Gutters, Private Road
  • Construction Type: Other
  • Foundation Details: Block
  • Roof: Slate
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Gas, Central Air, Gas Water Heater
  • Laundry Features: Other
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 2
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 2
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Morton
  • High School: Morton
  • Middle Or Junior School: Morton

Lot Info

  • Zoning: Multi - Family
  • Lot Size: 120x130
  • Additional Parcels Description: N/A
  • Parcel #: 06-06-20-301-013
  • CertificateOfZoning: No

Rental Info

  • Tenant Pays: All Utilities, Lawn Care, Other
  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4972.84
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20580
  • Annual Operating Expense: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jun 19, 2024
Sold by
Powers Brian and Powers Christy
Bought by
Holmes Properties Llc
Seller's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
Buyer's Agent
Alex Smith
Keller Williams Premier Realty
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%
Current Estimated Value
$251,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,487
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Sgt Propertites Llc
Bought by
Powers Brian and Powers Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2006
Sold by
Getz Robert D and Getz Sue E
Bought by
Sgt Properties Llc Series I
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
Holmes Properties Llc $235,000 Hometown Title
Powers Brian -- Hometown Title
Sgt Properties Llc Series I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powers Brian $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $235,000 -9.6% $84 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $259,900 -- $93 / 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 $4,973 $72,790 $18,590 $54,200
2023 $4,973 $67,810 $17,320 $50,490
2022 $4,810 $62,280 $15,910 $46,370
2021 $4,627 $59,890 $15,300 $44,590
2020 $4,485 $59,300 $15,150 $44,150
2019 $4,473 $59,300 $15,150 $44,150
2018 $4,391 $59,300 $15,150 $44,150
2017 $4,278 $58,710 $15,000 $43,710
2016 $4,062 $54,750 $11,040 $43,710
2015 -- $0 $0 $0
2013 $4,312 $54,750 $11,040 $43,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1250023

RMLS Alliance

APN: 06-06-20-301-013