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For sale
    • Price cut: $10K (5/18)
    $364,900

    540 N Main St, Morton, IL 61550

    6beds
    5baths
    4,139sqft
    : 
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    Multi Family, Apartment
    Built in 1907
    -- sqft lot
    $352,200 Zestimate®
    $88/sqft
    $-- HOA

    What's special

    Transom windowed doorsBeautiful original woodworking throughoutFully applianced spacious kitchenSpacious room sizesRoecker cabinets
    HOUSE HACK! YOU WON'T WANT TO MISS THIS OPPORTUNITY! WHETHER YOU ARE LOOKING TO PURCHASE AN INCOME PROPERTY, OR CONSIDERING PURCHASING A PERSONAL RESIDENCE THAT ALSO GENERATES PASSIVE INCOME, 540 N MAIN STREET MIGHT BE THE PROPERTY FOR YOU! THE PRIMARY RESIDENCE (UNIT A) FEATURES 6 BEDROOMS & 4 FULL BATHROOMS, & FULLY APPLIANCED SPACIOUS KITCHEN IS ACCENTED BY ROECKER CABINETS. BEAUTIFUL ORIGINAL WOODWORKING THROUGHOUT INCLUDING BUILT INS & TRANSOM WINDOWED DOORS. FINISHED LOWER LEVEL (UNIT C) OFFERS DAYLIGHT WINDOWS & AN ABUNDANCE OF CHARM & CHARACTER. THE 3RD STORY (UNIT B) FEATURES A STUDIO APARTMENT. THE 4 CAR GARAGE BOASTS A FINISHED 2ND STORY BUILT IN 1999 (UNIT D) THAT OFFERS AN OPEN FLOORPLAN & SPACIOUS ROOM SIZES. OVER $52,000 IN CURRENT ANNUAL INCOME. SCHEDULE YOUR TOUR TODAY!
    54 days
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    611
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    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas D Schauble Cell:309-226-3223,

    The Royal Realty Company Illin

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1266268MLS LogoOriginating MLS: Peoria Area Association of Realtors

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      Heating
      • Forced Air, Hot Water
      Cooling
      • Zoned, Central Air, Central Air
      Appliances
      • Included: Gas Water Heater, Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater
      • Laundry: Other, Private
      Features
      • Storage, High Speed Internet
      • Basement: Daylight,Finished,Full
      Interior area
      • Total structure area: 4,139
      • Total interior livable area: 4,139 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached, Oversized
      Lot
      • Size: 0.26 Acres
      • Dimensions: 75 x 150
      • Features: Corner Lot, Level
      Details
      • Parcel number: 060616307001
      • Zoning description: R3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Apartment
      Materials
      • Composition, Vinyl Siding
      • Foundation: Brick/Mortar
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1907

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: Moschels & Ackerman
      Location
      • Region: Morton

      Financial & listing details

      • Price per square foot: $88/sqft
      • Tax assessed value: $306,180
      • Annual tax amount: $7,414
      • Date on market: 5/6/2026
      • Cumulative days on market: 56 days
      • Tenant pays: Other
      • Road surface type: Paved

        Estimated market value

        $352,200

        $335,000 - $370,000

        $1,377/mo

        Price history

        DateEventPrice
        5/18/2026Price change$364,900-2.7%$88/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1266268 Report a problem
        5/6/2026Listed for sale$374,900+4.2%$91/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1266268 Report a problem
        7/10/2024Listing removed--
        Source: RMLS Alliance as distributed by MLS GRID #PA1249873 Report a problem
        6/12/2024Price change$359,900-1.3%$87/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1249873 Report a problem
        5/31/2024Price change$364,8000%$88/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1249939 Report a problem
        5/16/2024Price change$364,900-1.4%$88/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1249939 Report a problem
        4/30/2024Listed for sale$369,900-1.4%$89/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1249873 Report a problem
        11/1/2023Listing removed--
        Source: RMLS Alliance as distributed by MLS GRID #PA1244634 Report a problem
        5/4/2023Listed for sale$375,000+185.2%$91/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1242218 Report a problem
        6/27/1997Sold$131,500$32/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,224 +10.6%$102,060 +7.3%
        2023$6,533 +4%$95,080 +8.9%
        2022$6,280 +4.3%$87,320 +4%
        2021$6,023 +3.2%$83,960 +1%
        2020$5,834 +0.3%$83,130
        2019$5,818 +1.9%$83,130
        2018$5,712 $83,130 +1%
        2017$5,712 +2.6%$82,310
        2016$5,564 +6%$82,310
        2015$5,248 +1%--
        2013$5,195 $79,270
        2012-- $79,270
        2011-- $79,270
        2010-- $79,270
        2009$4,413 $79,270

        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 61550

        Getting around

        61 / 100
        Somewhat Walkable
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Morton
        • Middle: Morton Jr. High
        • 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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