Sold328d on market

501 N Nebraska Ave

Morton, IL, 61550 • 61550 • Tazewell County

$407,500

$113/sqft

3Beds

4Baths

3,620Sqft

0.47 acLot

1973Built

Property DNA

5 highlights

Ranch Style

Built 1973 · 53 years of history

Northbrook

61550

Outdoor Living

Patio

1 Fireplace

Family Room · Gas Log · Decorative · Living Room

2-Car Garage

Attached

Market activity

Demand and pricing signals for this listing

10 views

People checking out this listing

328 days on market

Established listing

$113/sqft

Price per square foot

About this home

Single Family · Built 1973

Sold on a one time show. All brick 3 BR 3.5 BA ranch with 2645 sq ft finished on the main floor plus the basement. Very spacious fenced in backyard which is a lovely oasis filled with many fruit trees, berry plants and more! Such a solid home with Andersen windows, and tons of storage with a walk-up attic. New 3rd full bath in the basement.

Estimated monthly payment

Based on current rates

$2,541/month

Principal & Interest$1,997

Property Tax$408

Insurance$136

Down payment20% ($81,500)

3%50%

Est. 6.20% rate · 30yr fixed · $326,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingle Family Residence, Residential

Year Built1973

HeatingForced Air

CoolingCentral Air

Parking2 Attached Garage spaces

Lot0.47 Acres

Property

Home typeSingle Family

Sub-typeSingle Family Residence, Residential

StyleRanch

Year built1973

Systems

HeatingForced Air

CoolingCentral Air

RoofShingle

ConstructionFrame, Brick

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingAttached

Garage2 spaces

BasementCrawl Space,Finished,Partial

Fireplaces1

Lot0.47 Acres

Location & Tax

Neighborhood61550

Annual tax$6,345

Parcel060616405020

Bathrooms & Fees

Full baths3

Features & details

11 categories of property features

Interior Features

Interior

High Speed Internet

Wet Bar

Appliances

Dishwasher

Dryer

Range Hood

Range

Refrigerator

Washer

Gas Water Heater

Heating

Forced Air

Cooling

Central Air

Fireplace

Family Room

Gas Log

Decorative

Living Room

Windows

Replacement Windows

Exterior Features

Parking

Attached

Construction

Frame

Brick

Patio & Porch

Patio

Lot Features

Level

Utilities

Cable Available

Room details

17 rooms detailed

Bedroom1

Main

Bedroom2

Main

Bedroom3

Main

Other

Main

Other

975 sqft

Additional Level

Listing insights

Market data and value estimates

StatusSold

Days on market328

Est. value$409,200

Est. rent$3,127/mo

Tax rate2.11%

Price/sqft$113

On marketMay 19, 2025

PostedMay 19, 2025

Last sold$407,500

MLS updatedDec 20, 2025

Tour days6

How are the schools in Morton?

3 schools rated nearby

Lincoln Elementary School

Primary • Public • PK-6

0.7 mi

Morton Jr High School

Middle • Public • 7-8

0.5 mi

Morton High School

High • Public • 9-12

0.4 mi

Location

Morton, IL, 61550

Expand map

Price history

5 events

DateEventPrice$/sqftSource

May 15, 2025Sold$407,500$113RMLS Alliance as distributed by MLS GRID

Sep 29, 2021Sold$333,000$92RMLS Alliance as distributed by MLS GRID

Sep 1, 2021Pending Sale$325,000$90RMLS Alliance as distributed by MLS GRID

Aug 30, 2021Listed For Sale$325,000$90RMLS Alliance as distributed by MLS GRID

Jan 23, 2007Sold$218,500$60Public Record

Sold$407,500

May 15, 2025•$113/sqft•RMLS Alliance as distributed by MLS GRID

Sold$333,000

Sep 29, 2021•$92/sqft•RMLS Alliance as distributed by MLS GRID

Pending Sale$325,000

Sep 1, 2021•$90/sqft•RMLS Alliance as distributed by MLS GRID

Listed For Sale$325,000

Aug 30, 2021•$90/sqft•RMLS Alliance as distributed by MLS GRID

Sold$218,500

Jan 23, 2007•$60/sqft•Public Record

Tax history

15 years of records

YearTax paidAssessed value

Apr 9, 2024$6,346$100,650

Apr 9, 2023$6,876$93,760

Apr 9, 2022$6,650$86,110

Apr 9, 2021$6,396$82,790

Apr 9, 2020$6,200$81,970

Apr 9, 2019$6,183$81,970

Apr 9, 2018$6,070$81,970

Apr 9, 2017$6,070$81,160

Apr 9, 2016$5,914$78,170

Apr 9, 2015$5,599—

Apr 9, 2013$5,543$78,170

Apr 9, 2012—$78,170

Apr 9, 2011—$78,170

Apr 9, 2010—$78,170

Apr 9, 2009$4,737$78,170

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Neighborhood details

Local context around this listing

Morton, IL • Tazewell County

Nearby cities

Creve CoeurEast PeoriaGlasfordGreen ValleyMackinawManitoMortonPekin

Nearby zip codes

61550

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Value estimates

Live

Est. value$409,200

Est. rent$3,127/mo

30yr rate est.6.20%

Affordability$2,805/mo

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Based on information submitted to the MLS GRID as of 2026-04-09 10:52:34 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)

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