1048 Lee Ave
Morton, IL 61550
4 bd 3 ba 2,204 sqft Built 1963 Lot 17,800 sqft single_family
Most recent sale
$257,000
Jul 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 1, 2022 | Sold | $257,000 | Public Record |
| May 12, 2022 | Listed | $257,000 | MLS #PA1234034 |
| Jun 8, 2020 | Sold | $170,000 | Public Record |
| Feb 28, 2020 | Listed | $179,900 | MLS #PA1213016 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $79,620 | $19,150 | $98,770 | $6,096 |
| 2023 | $69,190 | $16,640 | $85,830 | $5,854 |
| 2022 | $55,260 | $15,280 | $70,540 | $4,984 |
| 2021 | $53,130 | $14,690 | $67,820 | $4,775 |
| 2020 | $52,600 | $14,540 | $67,140 | $4,246 |
| 2019 | $52,600 | $14,540 | $67,140 | $4,235 |
| 2018 | $52,600 | $14,540 | $67,140 | $1,573 |
| 2017 | $52,600 | $14,540 | $67,140 | $1,532 |
| 2016 | $54,080 | $11,010 | $65,090 | $1,518 |
| 2015 | $53,540 | $10,900 | $64,440 | $1,503 |
| 2014 | $52,080 | $10,600 | $62,680 | $1,521 |
| 2013 | $52,080 | $10,600 | $62,680 | $1,506 |
| 2012 | $52,080 | $10,600 | $62,680 | $1,583 |
| 2011 | $52,080 | $10,600 | $62,680 | $1,462 |
| 2010 | $52,080 | $10,600 | $62,680 | $1,470 |
| 2009 | $52,080 | $10,600 | $62,680 | $1,448 |
| 2008 | $55,150 | $7,060 | $62,210 | $1,458 |
| 2007 | $55,150 | $7,060 | $62,210 | $1,516 |
Property facts
Year built
1963
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
2,204 sqft
Lot size
17,800 sqft
ZIP code
61550
City
Morton
Street
Lee Ave
Coordinates
40.59967, -89.46513
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,542
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1048 Lee Ave last sell?
1048 Lee Ave most recently sold on Jul 1, 2022 for $257,000.
What is the current tax assessment for 1048 Lee Ave?
The most recent total assessment for 1048 Lee Ave (year 2024) is $98,770 with $6,096 in property tax.
How does 1048 Lee Ave's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $257,000.
When was 1048 Lee Ave built?
1048 Lee Ave was built in 1963.
How does 1048 Lee Ave compare to others on Lee Ave?
We track 8 other properties on Lee Ave. Browse the list under "Other properties on Lee Ave" to compare beds, baths, and sale history.
What are the property facts for 1048 Lee Ave?
1048 Lee Ave is a 4 bed, 3 bath, 2,204 sqft, 17,800 sqft lot single_family.
Is 1048 Lee Ave a flip candidate?
No — 1048 Lee Ave does not appear in our flips dataset.
Is 1048 Lee Ave a tax-appeal candidate?
No — 1048 Lee 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 Lee Ave