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1056 Emerson St

Morton, IL 61550

3 bd 3 ba 1,240 sqft Built 1973 Lot 7,800 sqft single_family
Most recent sale
$220,000
Nov 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2022 Sold $220,000 MRED
Oct 13, 2022 Listed $214,900 MRED
Feb 12, 2015 Sold $119,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $68,600 $15,950 $84,550 $5,157
2023 $59,610 $13,860 $73,470 $4,947
2022 $40,520 $12,730 $53,250 $2,902
2021 $38,960 $12,240 $51,200 $2,903
2020 $38,570 $12,120 $50,690 $2,843
2019 $38,570 $12,120 $50,690 $2,835
2018 $38,570 $12,120 $50,690 $2,783
2017 $38,570 $12,120 $50,690 $2,711
2016 $39,650 $8,940 $48,590 $3,043
2015 $39,260 $8,850 $48,110 $2,626
2014 $38,190 $8,610 $46,800 $2,564
2013 $38,190 $8,610 $46,800 $2,538
2011 $38,190 $8,610 $46,800 $2,418
2010 $38,190 $8,610 $46,800 $1,378
2009 $38,190 $8,610 $46,800 $1,357
2008 $39,170 $5,690 $44,860 $1,367
2007 $39,170 $5,690 $44,860 $1,426

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,240 sqft
Lot size
7,800 sqft
ZIP code
61550
City
Morton
Street
Emerson St
Coordinates
40.61157, -89.44276

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,232
Gross rental yield
12.17%
Implied cap rate
7.91%
Trend-extrapolated value

Frequently asked questions

When did 1056 Emerson St last sell?
1056 Emerson St most recently sold on Nov 21, 2022 for $220,000.
What is the current tax assessment for 1056 Emerson St?
The most recent total assessment for 1056 Emerson St (year 2024) is $84,550 with $5,157 in property tax.
How does 1056 Emerson St's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $220,000.
When was 1056 Emerson St built?
1056 Emerson St was built in 1973.
How does 1056 Emerson St compare to others on Emerson St?
We track 8 other properties on Emerson St. Browse the list under "Other properties on Emerson St" to compare beds, baths, and sale history.
What are the property facts for 1056 Emerson St?
1056 Emerson St is a 3 bed, 3 bath, 1,240 sqft, 7,800 sqft lot single_family.
Is 1056 Emerson St a flip candidate?
No — 1056 Emerson St does not appear in our flips dataset.
Is 1056 Emerson St a tax-appeal candidate?
No — 1056 Emerson St 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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