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437 Illinois Ave

Morton, IL 61550

4 bd 2 ba 2,877 sqft Built 1941 Lot 7,500 sqft single_family
Most recent sale
$225,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $225,000 Public Record
Jun 10, 2022 Sold $225,000 RMLSAlliance
Apr 9, 2022 Listed $194,500 MLS #PA1232681
Feb 8, 2019 Sold $156,500 MLS #PA1186658
Dec 6, 2018 Relisted $159,900 MLS #1186658
Nov 6, 2018 Listing removed $159,900 RMLSAlliance
Sep 17, 2018 Price changed $159,900 MLS #1186658
Jun 1, 2018 Price changed $164,900 MLS #1186658
Feb 6, 2018 Price changed $169,900 MLS #1186658
Sep 5, 2017 Price changed $174,900 MLS #1186658
Aug 8, 2017 Listed $179,900 MLS #1186658
Jul 28, 2015 Listing removed $184,900 RMLSAlliance
May 21, 2015 Listed $184,900 MLS #1162451
May 1, 2003 Sold $161,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $76,870 $9,570 $86,440 $5,283
2023 $66,810 $8,320 $75,130 $5,069
2022 $47,750 $7,640 $55,390 $3,814
2021 $45,910 $7,350 $53,260 $3,650
2020 $49,830 $7,260 $57,090 $3,864
2019 $49,830 $7,260 $57,090 $3,476
2018 $49,830 $7,260 $57,090 $3,413
2017 $49,830 $7,260 $57,090 $3,325
2016 $49,340 $7,190 $56,530 $3,253
2015 $48,850 $7,120 $55,970 $3,182
2014 $47,520 $6,930 $54,450 $3,112
2013 $47,520 $6,930 $54,450 $3,080
2012 $47,520 $6,930 $54,450 $3,164
2011 $47,520 $6,930 $54,450 $2,921
2010 $47,520 $6,930 $54,450 $2,939
2009 $47,520 $6,930 $54,450 $3,155
2008 $49,220 $4,180 $53,400 $3,070
2007 $49,220 $4,180 $53,400 $2,941

Property facts

Year built
1941
Property type
single_family
Stories
Beds
4
Baths
2
Living area
2,877 sqft
Lot size
7,500 sqft
ZIP code
61550
City
Morton
Street
Illinois Ave
Coordinates
40.61431, -89.45397

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 437 Illinois Ave last sell?
437 Illinois Ave most recently sold on Jun 15, 2022 for $225,000.
What is the current tax assessment for 437 Illinois Ave?
The most recent total assessment for 437 Illinois Ave (year 2024) is $86,440 with $5,283 in property tax.
How does 437 Illinois Ave's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $225,000.
When was 437 Illinois Ave built?
437 Illinois Ave was built in 1941.
How does 437 Illinois Ave compare to others on Illinois Ave?
We track 8 other properties on Illinois Ave. Browse the list under "Other properties on Illinois Ave" to compare beds, baths, and sale history.
What are the property facts for 437 Illinois Ave?
437 Illinois Ave is a 4 bed, 2 bath, 2,877 sqft, 7,500 sqft lot single_family.
Is 437 Illinois Ave a flip candidate?
No — 437 Illinois Ave does not appear in our flips dataset.
Is 437 Illinois Ave a tax-appeal candidate?
No — 437 Illinois 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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