316 1st Ave
Morton, IL 61550
2 bd 1 ba 784 sqft Built 1941 Lot 6,750 sqft single_family
Most recent sale
$140,150
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2022 | Sold | $140,150 | MLS #11455395 |
| Jul 6, 2022 | Listed | $140,000 | MLS #11455395 |
| Apr 28, 2017 | Sold | $122,000 | Public Record |
| Mar 17, 2017 | Listed | $122,000 | MLS #1181244 |
| May 22, 2016 | Listed | $119,000 | MLS #1173654 |
| Sep 10, 1998 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $44,570 | $9,270 | $53,840 | $3,130 |
| 2023 | $38,740 | $8,060 | $46,800 | $2,992 |
| 2022 | $34,890 | $7,400 | $42,290 | $2,802 |
| 2021 | $19,240 | $7,120 | $26,360 | $1,572 |
| 2020 | $19,050 | $7,050 | $26,100 | $1,520 |
| 2019 | $19,050 | $7,050 | $26,100 | $1,516 |
| 2018 | $19,050 | $7,050 | $26,100 | $1,488 |
| 2017 | $19,050 | $7,050 | $26,100 | $1,450 |
| 2016 | $18,860 | $6,980 | $25,840 | $1,418 |
| 2015 | $18,670 | $6,910 | $25,580 | $1,386 |
| 2014 | $18,160 | $6,720 | $24,880 | $1,352 |
| 2013 | $18,160 | $6,720 | $24,880 | $1,339 |
| 2012 | $22,130 | $6,720 | $28,850 | $1,492 |
| 2011 | $22,130 | $6,720 | $28,850 | $1,502 |
| 2010 | $22,130 | $6,720 | $28,850 | $1,510 |
| 2009 | $22,130 | $6,720 | $28,850 | $1,488 |
| 2008 | $24,920 | $3,370 | $28,290 | $1,461 |
| 2007 | $24,920 | $3,370 | $28,290 | $1,407 |
Property facts
Year built
1941
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
784 sqft
Lot size
6,750 sqft
ZIP code
61550
City
Morton
Street
1st Ave
Coordinates
40.61235, -89.45823
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,411
Gross rental yield
12.08%
Implied cap rate
7.85%
Trend-extrapolated value
—
Frequently asked questions
When did 316 1st Ave last sell?
316 1st Ave most recently sold on Aug 19, 2022 for $140,150.
What is the current tax assessment for 316 1st Ave?
The most recent total assessment for 316 1st Ave (year 2024) is $53,840 with $3,130 in property tax.
How does 316 1st Ave's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $140,150.
When was 316 1st Ave built?
316 1st Ave was built in 1941.
How does 316 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 316 1st Ave?
316 1st Ave is a 2 bed, 1 bath, 784 sqft, 6,750 sqft lot single_family.
Is 316 1st Ave a flip candidate?
No — 316 1st Ave does not appear in our flips dataset.
Is 316 1st Ave a tax-appeal candidate?
No — 316 1st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.1%
Implied 1-yr
-12.4%
2026 Q3
$180.3K
2026 Q4
$173.3K
ZIP 61550 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave