So many possibilities w/this newly renovated 3-unit property in the heart of Morton giving the next owner flexibility to place tenants & select a rental strategy that works for them & choose how they want to utilize this unique investment opportunity. Live in the spacious main flr unit while renting the 2 furnished units upstairs, add to your investment portfolio or explore a combination of traditional & mid-term rentals! Unit A encompasses the main flr & offers 3 BR's, 1 BA, washer & dryer & darling front porch to enjoy. Extensively updated in '25 & '26 w/upgraded electrical, new flring, kitchen cabinets, 6 new windows, interior drs & trim, closet organizers, blinds & entry doors. Upstairs, Units B & C are furnished 1 BR units, each w/private access & history of successful mid-term rental, ideal for traveling professionals & others needing furnished housing. Unit B refreshed w/flring & paint, new kitchen cabinets & countertop, new entry door & window, completely remodeled BA & additional updates. Unit C updated in '25 & '26 w/LVT flring in kitchen & BA, mini-split, refrigerator, entry dr & window & fresh paint. Add. improvements include roof & siding '18, soundproofing between 1st & 2nd flrs, new keypad locks on all drs plus freshly painted decks & porches. 2-car detached garage provides add. convenience. Unit C currently rented at $1400.00 per month through Dec. Projected rents: Unit A $1,800–$2,000/mo; furnished Units B & C $1,400/mo each. Furnishings included. Call Today!
For sale
Price cut: $22K (9/29)
$398,000
309 E Adams St, Morton, IL 61550
5beds
3baths
2,560sqft
Multi Family, Triplex
Built in 1928
-- sqft lot
$-- Zestimate®
$155/sqft
$-- HOA
What's special
- 19 days
- 1,346
- 51
Zillow last checked:
Listing updated:
Listed by:
Sue R Neihouser Mobile:309-229-8831,
RE/MAX Traders Unlimited
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1270211
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Zoned, Central Air, Central Air
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater
- Laundry: Owned Equipment, Private, Units Hook-Ups
Features
- High Speed Internet
- Basement: Daylight,Full,Unfinished
Interior area
- Total structure area: 2,560
- Total interior livable area: 2,560 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached
Lot
- Dimensions: 79 x 124 x 80 x 124
- Features: Level
Details
- Parcel number: 060621120006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: JM Campbells
Location
- Region: Morton
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $231,540
- Annual tax amount: $5,230
- Date on market: 9/16/2026
- Cumulative days on market: 14 days
- Lease term: Month To Month
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Price change | $398,000-5.2%$155/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1270211 Report a problem | ||
| 9/22/2026 | Listed for sale | $420,000+75%$164/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1270211 Report a problem | ||
| 10/8/2024 | Sold | $240,000-2.8%$94/sqft |
Source: Public Record Report a problem | ||
| 9/13/2024 | Listed for sale | $247,000$96/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,230 +20% | $77,180 +25.3% |
| 2024 | $4,359 +3.6% | $61,580 +7.3% |
| 2023 | $4,207 +3.4% | $57,370 +8.9% |
| 2022 | $4,068 +4% | $52,680 +4% |
| 2021 | $3,914 +3.2% | $50,660 +1% |
| 2020 | $3,794 +0.3% | $50,160 |
| 2019 | $3,784 +1.9% | $50,160 |
| 2018 | $3,715 | $50,160 +4.9% |
| 2017 | $3,715 +2.6% | $47,830 |
| 2016 | $3,619 +5.6% | $47,830 |
| 2015 | $3,426 +1% | -- |
| 2013 | $3,391 | $47,830 |
| 2012 | -- | $47,830 |
| 2011 | -- | $47,830 |
| 2010 | -- | $47,830 |
| 2009 | $3,012 | $47,830 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 61550
Nearby schools
Schools provided by the listing agent
- High: Morton
Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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