408 Nelson Ave
Morton, IL 61550
4 bd 3 ba 2,428 sqft Built 1948 Lot 17,590 sqft single_family
Most recent sale
$295,000
Jun 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 23, 2022 | Sold | $295,000 | Public Record |
| May 11, 2022 | Listed | $284,900 | MLS #PA1234001 |
| Jun 28, 2018 | Listing removed | $189,900 | RMLSAlliance |
| Jun 26, 2018 | Sold | $188,000 | Public Record |
| Apr 24, 2018 | Price changed | $189,900 | MLS #1193155 |
| Apr 17, 2018 | Price changed | $192,000 | MLS #1193155 |
| Apr 11, 2018 | Listed | $197,500 | MLS #1193155 |
| Jul 14, 2006 | Sold | $147,000 | Public Record |
| Jul 21, 2003 | Sold | $138,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $87,890 | $12,360 | $100,250 | $6,194 |
| 2023 | $76,380 | $10,740 | $87,120 | $5,948 |
| 2022 | $47,980 | $9,860 | $57,840 | $3,617 |
| 2021 | $46,130 | $9,480 | $55,610 | $3,446 |
| 2020 | $45,670 | $9,390 | $55,060 | $3,710 |
| 2019 | $45,670 | $9,390 | $55,060 | $3,700 |
| 2018 | $45,670 | $9,390 | $55,060 | $3,262 |
| 2017 | $45,670 | $9,390 | $55,060 | $3,131 |
| 2016 | $45,220 | $9,300 | $54,520 | $3,063 |
| 2015 | $44,770 | $9,210 | $53,980 | $2,995 |
| 2014 | $43,550 | $8,960 | $52,510 | $2,928 |
| 2013 | $42,930 | $8,960 | $51,890 | $2,899 |
| 2012 | $42,930 | $8,960 | $51,890 | $2,982 |
| 2011 | $42,930 | $8,960 | $51,890 | $2,753 |
| 2010 | $42,930 | $8,960 | $51,890 | $2,769 |
| 2009 | $42,930 | $8,960 | $51,890 | $2,988 |
| 2008 | $46,650 | $7,780 | $54,430 | $3,136 |
| 2007 | $46,650 | $7,780 | $54,430 | $3,003 |
Property facts
Year built
1948
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,428 sqft
Lot size
17,590 sqft
ZIP code
61550
City
Morton
Street
Nelson Ave
Coordinates
40.60786, -89.46622
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
$1,770
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 408 Nelson Ave last sell?
408 Nelson Ave most recently sold on Jun 23, 2022 for $295,000.
What is the current tax assessment for 408 Nelson Ave?
The most recent total assessment for 408 Nelson Ave (year 2024) is $100,250 with $6,194 in property tax.
How does 408 Nelson Ave's assessment compare to its last sale price?
The current assessment is 66.0% below the last sale price of $295,000.
When was 408 Nelson Ave built?
408 Nelson Ave was built in 1948.
How does 408 Nelson Ave compare to others on Nelson Ave?
We track 8 other properties on Nelson Ave. Browse the list under "Other properties on Nelson Ave" to compare beds, baths, and sale history.
What are the property facts for 408 Nelson Ave?
408 Nelson Ave is a 4 bed, 3 bath, 2,428 sqft, 17,590 sqft lot single_family.
Is 408 Nelson Ave a flip candidate?
No — 408 Nelson Ave does not appear in our flips dataset.
Is 408 Nelson Ave a tax-appeal candidate?
No — 408 Nelson 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 Nelson Ave