1020 Madison St
Morton, IL 61550
4 bd 3 ba 2,486 sqft Built 1966 Lot 11,200 sqft single_family
Most recent sale
$423,750
Apr 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 8, 2022 | Sold | $423,750 | Public Record |
| Apr 7, 2022 | Sold | $282,400 | MLS #PA1232154 |
| Mar 4, 2022 | Listed | $279,900 | MLS #PA1232154 |
| Aug 17, 2021 | Sold | $130,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $92,560 | $15,950 | $108,510 | $6,385 |
| 2023 | $80,440 | $13,860 | $94,300 | $6,108 |
| 2022 | $32,330 | $12,730 | $45,060 | $2,630 |
| 2021 | $47,730 | $12,240 | $59,970 | $3,783 |
| 2020 | $47,260 | $12,120 | $59,380 | $3,659 |
| 2019 | $47,260 | $12,120 | $59,380 | $3,649 |
| 2018 | $47,260 | $12,120 | $59,380 | $3,583 |
| 2017 | $47,260 | $12,120 | $59,380 | $3,490 |
| 2016 | $48,580 | $8,940 | $57,520 | $3,324 |
| 2015 | $48,100 | $8,850 | $56,950 | $3,606 |
| 2014 | $46,790 | $8,610 | $55,400 | $3,538 |
| 2013 | $46,790 | $8,610 | $55,400 | $3,503 |
| 2012 | $46,790 | $8,610 | $55,400 | $3,516 |
| 2011 | $46,790 | $8,610 | $55,400 | $3,247 |
| 2010 | $46,790 | $8,610 | $55,400 | $3,266 |
| 2009 | $46,790 | $8,610 | $55,400 | $3,217 |
| 2008 | $45,970 | $7,150 | $53,120 | $3,053 |
| 2007 | $45,970 | $7,150 | $53,120 | $2,923 |
Property facts
Year built
1966
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,486 sqft
Lot size
11,200 sqft
ZIP code
61550
City
Morton
Street
Madison St
Coordinates
40.60740, -89.44424
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,475
Gross rental yield
12.67%
Implied cap rate
8.24%
Trend-extrapolated value
—
Frequently asked questions
When did 1020 Madison St last sell?
1020 Madison St most recently sold on Apr 8, 2022 for $423,750.
What is the current tax assessment for 1020 Madison St?
The most recent total assessment for 1020 Madison St (year 2024) is $108,510 with $6,385 in property tax.
How does 1020 Madison St's assessment compare to its last sale price?
The current assessment is 74.4% below the last sale price of $423,750.
When was 1020 Madison St built?
1020 Madison St was built in 1966.
How does 1020 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 1020 Madison St?
1020 Madison St is a 4 bed, 3 bath, 2,486 sqft, 11,200 sqft lot single_family.
Is 1020 Madison St a flip candidate?
Yes — 1020 Madison St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1020 Madison St a tax-appeal candidate?
No — 1020 Madison St 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 Madison St