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301 4th Ave

Morton, IL 61550

3 bd 1 ba 1,123 sqft Built 1942 Lot 6,264 sqft single_family
Most recent sale
$124,900
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2022 Sold $124,900 Public Record
Jun 11, 2022 Listed $124,900 MLS #PA1235008
Jan 12, 2015 Sold $100,000 Public Record
Jun 24, 2014 Listing removed $109,900 RMLSAlliance
Jun 18, 2014 Listed $109,900 MLS #1153892

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $40,560 $7,440 $48,000 $2,744
2023 $35,250 $6,470 $41,720 $2,619
2022 $24,540 $5,940 $30,480 $2,353
2021 $23,600 $5,710 $29,310 $2,264
2020 $23,370 $5,650 $29,020 $2,195
2019 $23,370 $5,650 $29,020 $2,189
2018 $23,370 $5,650 $29,020 $2,149
2017 $23,370 $5,650 $29,020 $2,094
2016 $23,140 $5,590 $28,730 $2,053
2015 $22,910 $5,530 $28,440 $2,013
2014 $22,290 $5,380 $27,670 $1,982
2013 $22,290 $5,380 $27,670 $1,962
2012 $22,290 $5,380 $27,670 $1,969
2011 $22,290 $5,380 $27,670 $1,819
2010 $22,290 $5,380 $27,670 $1,829
2009 $22,290 $5,380 $27,670 $1,802
2008 $25,390 $2,310 $27,700 $1,776
2007 $25,390 $2,310 $27,700 $1,691

Property facts

Year built
1942
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,123 sqft
Lot size
6,264 sqft
ZIP code
61550
City
Morton
Street
4th Ave
Coordinates
40.60652, -89.45970

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$749
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 301 4th Ave last sell?
301 4th Ave most recently sold on Jul 14, 2022 for $124,900.
What is the current tax assessment for 301 4th Ave?
The most recent total assessment for 301 4th Ave (year 2024) is $48,000 with $2,744 in property tax.
How does 301 4th Ave's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $124,900.
When was 301 4th Ave built?
301 4th Ave was built in 1942.
How does 301 4th Ave compare to others on 4th Ave?
We track 8 other properties on 4th Ave. Browse the list under "Other properties on 4th Ave" to compare beds, baths, and sale history.
What are the property facts for 301 4th Ave?
301 4th Ave is a 3 bed, 1 bath, 1,123 sqft, 6,264 sqft lot single_family.
Is 301 4th Ave a flip candidate?
No — 301 4th Ave does not appear in our flips dataset.
Is 301 4th Ave a tax-appeal candidate?
No — 301 4th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.4%
2026 Q3
$180.3K
2026 Q4
$173.3K
ZIP 61550 — Median Price History + Forecast

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