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!
Pending
$364,900
540 N Main St, Morton, IL 61550
6beds
5baths
4,139sqft
Multi Family, Apartment
Built in 1907
-- sqft lot
$343,700 Zestimate®
$88/sqft
$-- HOA
What's special
Transom windowed doorsBeautiful original woodworking throughoutFully applianced spacious kitchenSpacious room sizesRoecker cabinets
- 104 days |
- 25 |
- 0 |
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#: PA1266268
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
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: 104 days
- Tenant pays: Other
- Road surface type: Paved
Estimated market value
$343,700
$327,000 - $361,000
$1,617/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Pending sale | $364,900$88/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1266268 Report a problem | ||
| 5/18/2026 | Price change | $364,900-2.7%$88/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1266268 Report a problem | ||
| 5/6/2026 | Listed for sale | $374,900+4.2%$91/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1266268 Report a problem | ||
| 7/10/2024 | Listing removed | -- |
Source: RMLS Alliance as distributed by MLS GRID #PA1249873 Report a problem | ||
| 6/12/2024 | Price change | $359,900-1.3%$87/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1249873 Report a problem | ||
| 5/31/2024 | Price change | $364,8000%$88/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1249939 Report a problem | ||
| 5/16/2024 | Price change | $364,900-1.4%$88/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1249939 Report a problem | ||
| 4/30/2024 | Listed for sale | $369,900-1.4%$89/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1249873 Report a problem | ||
| 11/1/2023 | Listing removed | -- |
Source: RMLS Alliance as distributed by MLS GRID #PA1244634 Report a problem | ||
| 5/4/2023 | Listed for sale | $375,000+185.2%$91/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1242218 Report a problem | ||
| 6/27/1997 | Sold | $131,500$32/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: 61550
Nearby schools
GreatSchools rating
- 7/10Jefferson Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 8/10Morton Jr High SchoolGrades: 7-8Distance: 0.1 mi
- 7/10Morton High SchoolGrades: 9-12Distance: 0.3 mi
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.
- $--1 bd1 ba400 sqft540 N Main St #B, Morton, IL 61550Off Market
- $--1 bd1 ba850 sqft540 N Main St APT C, Morton, IL 61550Off Market
- $--2 bd1 ba1.2k sqft540 N Main St APT D, Morton, IL 61550Off Market
- $282,8005 bd3 ba2.3k sqft536 N Main St, Morton, IL 61550Off Market
- $24,0007,500 sqft600 N Main St, Morton, IL 61550Sold
- $322,0003 bd2 ba4k sqft532 N Main St, Morton, IL 61550Off Market
- $187,9002 bd1 ba1.5k sqft604 N Main St, Morton, IL 61550Off Market
- $221,5004 bd2 ba3.3k sqft547 N Main St, Morton, IL 61550Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $439,9004 bd4 ba3.7k sqft570 N Minnesota Ave, Morton, IL 61550Pending
MLS ID #PA1269221, Tricia Yordy, Keller Williams Revolution. RMLS Alliance as distributed by MLS GRID - $397,5005 bd3 ba2.5k sqft700 Taylor St, Morton, IL 61550For Sale
MLS ID #PA1268149, Alex J Smith, Keller Williams Premier Realty. RMLS Alliance as distributed by MLS GRID - $349,9004 bd2 ba2.2k sqft204 Northshore Dr, Morton, IL 61550For Sale
MLS ID #PA1265230, Zachary Oyler, Keller Williams Premier Realty. RMLS Alliance as distributed by MLS GRID - $275,0004 bd4 ba3.3k sqft450 E Forestwood St, Morton, IL 61550For Sale
MLS ID #PA1269126, Lisa Crocker, Keller Williams Premier Realty. RMLS Alliance as distributed by MLS GRID - $295,9004 bd2 ba2.3k sqft433 E Fernwood St, Morton, IL 61550For SaleMLS ID #PA1267203, Alex J Smith, Keller Williams Premier Realty. RMLS Alliance as distributed by MLS GRID
- $469,9004 bd4 ba2.8k sqft52 Shiloh St, Morton, IL 61550For SaleMLS ID #PA1269009, Mary Ann Ladendorf, RE/MAX Traders Unlimited. RMLS Alliance as distributed by MLS GRID
- $399,0006 bd5 ba4.1k sqft1536 W Moss Ave, Peoria, IL 61606For SaleMLS ID #PA1266940, Bernadette O Brien, Keller Williams Premier Realty. RMLS Alliance as distributed by MLS GRID
- $330,0005 bd3 ba2.6k sqft340 Hawthorne Cir, Creve Coeur, IL 61610For SaleMLS ID #PA1269123, Joylene L Frye, Joy's Realty. RMLS Alliance as distributed by MLS GRID
- $369,9004 bd3 ba3k sqft1909 Cobblestone, Washington, IL 61571For SaleMLS ID #PA1268853, Joseph Butler, eXp Realty. RMLS Alliance as distributed by MLS GRID
- $375,0003 bd3 ba2.7k sqft220 S Pleasant Hill Rd, East Peoria, IL 61611For SaleMLS ID #PA1264638, Shelly Rigelwood, Jim Maloof Realty, Inc.. RMLS Alliance as distributed by MLS GRID
- $349,9006 bd6 ba3.8k sqft919 W Moss Ave, Peoria, IL 61606For SaleMLS ID #PA1265421, Zachary Oyler, Keller Williams Premier Realty. RMLS Alliance as distributed by MLS GRID
- $370,0005 bd4 ba3.2k sqft520 W Hickory Grove Ct, Dunlap, IL 61525For SaleMLS ID #PA1267465, Jaleah Carter, Keller Williams Premier Realty. RMLS Alliance as distributed by MLS GRID
- $379,9004 bd3 ba2.5k sqft535 Justa Rd, Metamora, IL 61548For SaleMLS ID #PA1268845, Drake Scott, Keller Williams Premier Realty. RMLS Alliance as distributed by MLS GRID
- $350,0003 bd3 ba3.1k sqft121 Fawn Haven Dr, East Peoria, IL 61611PendingMLS ID #PA1266352, Tracy Molendi, RE/MAX Traders Unlimited. RMLS Alliance as distributed by MLS GRID
- $214,9003 bd3 ba2.1k sqft2012 S 2nd Ave, Morton, IL 61550For SaleMLS ID #PA1268829, Jennifer L Fielder, Freedom Realty. RMLS Alliance as distributed by MLS GRID
- $335,0004 bd4 ba4.1k sqft504 Wedgewood Ter, Metamora, IL 61548For SaleMLS ID #PA1267795, Ryan Kempf, Jim Maloof Realty, Inc.. RMLS Alliance as distributed by MLS GRID
- $375,0009 bd5 ba4.9k sqft501 W Columbia Ter, Peoria, IL 61606For SaleMLS ID #PA1263065, Sarah Knickerbocker, RE/MAX Traders Unlimited. RMLS Alliance as distributed by MLS GRID
- $249,9003 bd2 ba2.2k sqft2700 Bloomington Rd, East Peoria, IL 61611For SaleMLS ID #PA1269202, Victoria L Stiel, RE/MAX Traders Unlimited. RMLS Alliance as distributed by MLS GRID
- $475,0005 bd4 ba4.1k sqft1100 Hillcrest Dr, Washington, IL 61571For SaleMLS ID #PA1268251, Mark A Rosenberg, Oakwood Real Estate. RMLS Alliance as distributed by MLS GRID
- $239,9005 bd4 ba2.9k sqft1315 Prince St, Pekin, IL 61554For SaleMLS ID #PA1269342, Adam J Merrick, Adam Merrick Real Estate. RMLS Alliance as distributed by MLS GRID
