For sale

$398,000

Est. $2,744/mo —

•

2,560

sq ft

309 E Adams St, Morton, IL 61550

About this home

So many possibilities w/this newly renovated 3-unit property in the heart of Morton giving the next owner flexibility to place tenants & select a rental strategy that works for them & choose how they want to utilize this unique investment opportunity. Live in the spacious main flr unit while renting the 2 furnished units upstairs, add to your investment portfolio or explore a combination of traditional & mid-term rentals! Unit A encompasses the main flr & offers 3 BR's, 1 BA, washer & dryer & darling front porch to enjoy. Extensively updated in '25 & '26 w/upgraded electrical, new flring, kitchen cabinets, 6 new windows, interior drs & trim, closet organizers, blinds & entry doors. Upstairs, Units B & C are furnished 1 BR units, each w/private access & history of successful mid-term rental, ideal for traveling professionals & others needing furnished housing. Unit B refreshed w/flring & paint, new kitchen cabinets & countertop, new entry door & window, completely remodeled BA & additional updates. Unit C updated in '25 & '26 w/LVT flring in kitchen & BA, mini-split, refrigerator, entry dr & window & fresh paint. Add. improvements include roof & siding '18, soundproofing between 1st & 2nd flrs, new keypad locks on all drs plus freshly painted decks & porches. 2-car detached garage provides add. convenience. Unit B & C currently rented at $1400.00 per month. Projected rents: Unit A $1,800–$2,000/mo; furnished Units B & C $1,400/mo each. Furnishings included. Call Today!

Multi-familyProperty Type

1928Year Built

$155Price/Sq.Ft.

3 spacesParking

Listed by Sue Neihouser • RE/MAX Traders Unlimited

Contact: Mobile: 309-229-8831

Listing updated: Oct 27, 2026 at 03:01pm

Redfin checked: a minute ago

•Source:RMLSA as Distributed by MLS Grid #PA1270211

Payment calculator

$2,744 per month

Principal and interest$2,172

Property taxes

$436

HOA dues

Home insurance

$136

Utilities

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Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 5PM TO 6:30PM
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3 beds3 baths2,324 sq ft
970 E Marshall St, Morton, IL 61550
0.27 acre lot • 6 garage spots • Built 1964
OPEN TODAY, 5PM TO 6PM
$250,000
4 beds3 baths2,240 sq ft
2721 N Elmcroft Dr, Peoria, IL 61604
0.26 acre lot • 2 garage spots • Built 1966
OPEN TODAY, 5PM TO 6PM
$234,900
3 beds1 bath950 sq ft
215 Baylor St, East Peoria, IL 61611
0.34 acre lot • Garage • Built 2026
OPEN SUN, 11AM TO 1PM3D WALKTHROUGH
$147,500
3 beds1 bath950 sq ft
317 E Almond Dr, Washington, IL 61571
6,050 sq ft lot • Garage • Built 1961
OPEN SUN, 1PM TO 2:30PM
$189,900
5 beds2 baths1,872 sq ft
706 E Holland St, Washington, IL 61571
0.27 acre lot • 2 garage spots • Built 1878
OPEN SUN, 2PM TO 4PM
$234,900
3 beds2 baths2,576 sq ft
201 Daniel Pkwy, Washington, IL 61571
0.36 acre lot • 2 garage spots • Built 1966
OPEN SUN, 2PM TO 3:30PM3D WALKTHROUGH
$220,000
3 beds1.5 baths1,543 sq ft
1635 W Marlene Ave, Peoria, IL 61614
9,583 sq ft lot • 2 garage spots • Built 1956
OPEN SUN, 2PM TO 4PM
$189,000
3 beds1 bath1,140 sq ft
242 Briarcliff Dr, Washington, IL 61571
7,680 sq ft lot • Garage • Built 1961
OPEN SUN, 2PM TO 4PM
$214,000
3 beds2.5 baths1,710 sq ft
2903 W Larchmont Ln, Peoria, IL 61615
0.3 acre lot • 2 garage spots • Built 1975
OPEN NOV 8, 2PM TO 4PM
$174,900
2 beds1 bath1,393 sq ft
708 E Hines Ave, Peoria Heights, IL 61616
9,147 sq ft lot • Garage • Built 1953

Around this home

Schools

K - 12
Preschool & daycare

Some nearby schools may not be within this home's attendance zone. Please check the Morton Community Unit School District 709 website to verify.

Jefferson Elementary School

Public PreK-6 • 0.1mi

7/10

Morton Junior High School

Public 7-8 • 0.5mi

8/10

Morton High School

Public 9-12 • 0.4mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

309 E Adams St · $398,000

Strong offer

$398K and above

75% chance or better to win

Why $398K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 20 days.

SALE-TO-LIST

Most homes are selling 5% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
High-speed internet

Bedrooms
Unit 1: 3 bedrooms
Unit 2: 1 bedroom
Unit 3: 1 bedroom

Bathrooms
Each unit has 1 full bathroom

Laundry & utility
Private laundry in units with owned equipment and hookups

Heating & cooling
Central air
Forced air heating
Gas water heater

Sale and tax history for 309 E Adams St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$5,230 (+20.0%)

$9,270 + $67,910

$77,180

2024

$4,359 (+3.6%)

$9,270 + $67,910

$77,180

2023

$4,207 (+3.4%)

$8,650 + $52,930

$61,580

2022

$4,068 (+4.0%)

$8,060 + $49,310

$57,370

2021

$3,914 (+3.2%)

$7,400 + $45,280

$52,680

2020

$3,794 (+0.3%)

$7,120 + $43,540

$50,660

2019

$3,784 (+1.9%)

$7,050 + $43,110

$50,160

2018

$3,715 (+2.6%)

$7,050 + $43,110

$50,160

2017

$3,619 (+2.0%)

$7,050 + $43,110

$50,160

2016

$3,549 (+2.0%)

$7,050 + $43,110

$50,160

2015

$3,480 (+2.6%)

$6,910 + $42,260

$49,170

2013

$3,391

$6,720 + $41,110

$47,830

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

80 ft.

Lot depth

124 ft.

Lot size

9,920 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

3,160

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,160

Year built

1928

Style

Single Family Residential

County

Tazewell County

APN

060621120006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 8, 2026.

R-2

Two-Family And Planned Residential Development District

The purpose of the residential district regulations herein included is to provide for a range of sound residential environments and housing opportunities compatible with the Comprehensive Plan of the community and appropriately related to the present street, highway, school, park, utility, police, fire, and other similar supporting facilities.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Group
Housing-Single unit
Housing-Multiple units
Agriculture-Cropland

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 104° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Morton, IL • 61550

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

90/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Morton. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.4 hrs

5.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 309 E Adams St

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $235,000 and $410,000.

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $235K to $410K.

SOLD AUG 27, 2026
$387,500 Last sold price
4 beds2.5 baths2,870 sq ft
346 S Nebraska Ave, Morton, IL 61550
$20/sq ft
59 years newer
SOLD AUG 13, 2026
$410,000 Last sold price
4 beds3.5 baths2,950 sq ft
138 Knollcrest Ave, Morton, IL 61550
$16/sq ft
66 years newer
SOLD SEP 22, 2026
$235,000 Last sold price
4 beds3 baths1,748 sq ft
408 E Birchwood St, Morton, IL 61550
$21/sq ft
30 years newer
SOLD SEP 29, 2026
$394,000 Last sold price
5 beds3 baths2,582 sq ft
700 Taylor St, Morton, IL 61550
$2/sq ft
47 years newer
SOLD NOV 25, 2025
$381,328 Last sold price
3 beds2.5 baths2,165 sq ft
328 N 3rd Ave, Morton, IL 61550
$21/sq ft
4 years older

Contact listing agent

Sue Neihouser

RE/MAX Traders Unlimited

309-229-8831

sueneihouser@remax.net

At this time, Redfin doesn't have an agent available to help you with this home.

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New listings for sale in 61550

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Details provided by RMLSA as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

Open houses

Nearby open houses (10)

Around this home

Schools

Lifestyle

Offer insights

Property details

Sale and tax history for 309 E Adams St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 309 E Adams St

Contact listing agent

Early Access listings

Nearby similar homes

New listings for sale in 61550

More real estate resources