Sold88d on marketHistoric · 128 yrs
507 E Adams St
Morton, IL, 61550 • 61550 • Tazewell County
$128,000
$74/sqft
3Beds
2Baths
1,732Sqft
0.23 acLot
1898Built
Property DNA
Character Home
Built 1898 · 128 years of history
Mary E. Campbell
61550
This home is in high demand
Listed 88 days ago · 8 views · Top 3% likely to sell soon
Market activity
Demand and pricing signals for this listing
8 views
People checking out this listing
88 days on market
Established listing
$74/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 3% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1898 · Historic
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.
Standout features identified
Our analysis highlights nice-sized yard, eat-in kitchen, and formal dining room as key attractions of this home.
Estimated monthly payment
Based on current rates
$843/month
Principal & Interest$673
Property Tax$128
Insurance$43
Down payment20% ($25,600)
3%50%
Est. 6.88% rate · 30yr fixed · $102,400 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1898
HeatingElectric, Hot Water
Parking6 Carport spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1898
Systems
HeatingElectric, Hot Water
RoofComposition,Rubber,Shingle
ConstructionAluminum Siding, Brick Partial
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingCarport, Detached, On Street
BasementCrawl Space,Partial
Lot9,920 sqft
Location & Tax
Neighborhood61550
Annual tax$3,396
Parcel060621122008
Features & details
7 categories of property features
Interior Features
Appliances
Gas Water Heater
Range
Refrigerator
Water Heater
Heating
Electric
Hot Water
Laundry
Other
Exterior Features
Parking
Carport
Detached
On Street
Construction
Aluminum Siding
Brick Partial
Lot Features
Level
Utilities
Cable Available
Listing insights
Market data and value estimates
StatusSold
Days on market88
Est. value$131,700
Est. rent$1,505/mo
Tax rate2.11%
Price/sqft$74
On marketDec 4, 2025
PostedDec 4, 2025
Last sold$128,000
MLS updatedJan 16, 2026
Tour days6
Views8
How are the schools in Morton?
3 schools rated nearby
Location
Morton, IL, 61550
Price history
6 events
DateEventPrice$/sqftSource
Jan 9, 2026Sold$128,000$74RMLS Alliance as distributed by MLS GRID
Dec 12, 2025Pending Sale$139,900$81RMLS Alliance as distributed by MLS GRID
Dec 4, 2025Listed For Sale$139,900$81RMLS Alliance as distributed by MLS GRID
Dec 3, 2025Listing Removed$139,900$81RMLS Alliance as distributed by MLS GRID
Nov 9, 2025Pending Sale$139,900$81RMLS Alliance as distributed by MLS GRID
Nov 3, 2025Listed For Sale$139,900$81RMLS Alliance as distributed by MLS GRID
Sold$128,000
Jan 9, 2026•$74/sqft•RMLS Alliance as distributed by MLS GRID
Pending Sale$139,900
Dec 12, 2025•$81/sqft•RMLS Alliance as distributed by MLS GRID
Listed For Sale$139,900
Dec 4, 2025•$81/sqft•RMLS Alliance as distributed by MLS GRID
Listing Removed$139,900
Dec 3, 2025•$81/sqft•RMLS Alliance as distributed by MLS GRID
Pending Sale$139,900
Nov 9, 2025•$81/sqft•RMLS Alliance as distributed by MLS GRID
Listed For Sale$139,900
Nov 3, 2025•$81/sqft•RMLS Alliance as distributed by MLS GRID
Tax history
15 years of records
YearTax paidAssessed value
Apr 8, 2024$3,397$47,990
Apr 8, 2023$3,279$44,710
Apr 8, 2022$3,171$41,060
Apr 8, 2021$3,051$39,490
Apr 8, 2020$2,957$39,100
Apr 8, 2019$2,949$39,100
Apr 8, 2018$2,895$39,100
Apr 8, 2017$2,895$37,280
Apr 8, 2016$2,821$37,280
Apr 8, 2015$2,670—
Apr 8, 2013$2,643$37,280
Apr 8, 2012—$37,280
Apr 8, 2011—$37,280
Apr 8, 2010—$37,280
Apr 8, 2009$2,399$37,280
Nearby homes
Neighborhood details
Local context around this listing
Morton, IL • Tazewell County
Nearby cities
Creve CoeurEast PeoriaGlasfordGreen ValleyMackinawManitoMortonPekin
Nearby zip codes
61550
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 21:42:48 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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