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124 Lakewood St

Morton, IL 61550

3 bd 2 ba 1,898 sqft Built 1962 Lot 9,810 sqft single_family
Most recent sale
$239,900
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $239,900 Public Record
Jul 20, 2022 Listed $239,900 MLS #PA1236198
Jun 15, 2015 Listed $159,900 MLS #1163169
Jan 13, 2003 Sold $115,000 Public Record
May 26, 1993 Sold $51,333 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $76,240 $15,950 $92,190 $6,087
2023 $66,260 $13,860 $80,120 $5,875
2022 $42,170 $12,730 $54,900 $4,239
2021 $40,550 $12,240 $52,790 $4,078
2020 $40,150 $12,120 $52,270 $3,953
2019 $40,150 $12,120 $52,270 $3,943
2018 $40,150 $12,120 $52,270 $3,871
2017 $40,150 $12,120 $52,270 $3,771
2016 $40,560 $7,860 $48,420 $3,031
2015 $40,160 $7,780 $47,940 $2,968
2014 $39,070 $7,570 $46,640 $2,911
2013 $39,070 $7,570 $46,640 $2,882
2012 $39,070 $7,570 $46,640 $2,893
2011 $39,070 $7,570 $46,640 $2,671
2010 $39,070 $7,570 $46,640 $2,687
2009 $39,070 $7,570 $46,640 $2,647
2008 $40,740 $5,040 $45,780 $2,582
2007 $40,740 $5,040 $45,780 $2,475

Property facts

Year built
1962
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,898 sqft
Lot size
9,810 sqft
ZIP code
61550
City
Morton
Street
Lakewood St
Coordinates
40.59425, -89.47255

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,439
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 124 Lakewood St last sell?
124 Lakewood St most recently sold on Aug 22, 2022 for $239,900.
What is the current tax assessment for 124 Lakewood St?
The most recent total assessment for 124 Lakewood St (year 2024) is $92,190 with $6,087 in property tax.
How does 124 Lakewood St's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $239,900.
When was 124 Lakewood St built?
124 Lakewood St was built in 1962.
How does 124 Lakewood St compare to others on Lakewood St?
We track 4 other properties on Lakewood St. Browse the list under "Other properties on Lakewood St" to compare beds, baths, and sale history.
What are the property facts for 124 Lakewood St?
124 Lakewood St is a 3 bed, 2 bath, 1,898 sqft, 9,810 sqft lot single_family.
Is 124 Lakewood St a flip candidate?
No — 124 Lakewood St does not appear in our flips dataset.
Is 124 Lakewood St a tax-appeal candidate?
No — 124 Lakewood 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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