Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Grocery Store
- Office
  
  Building
- Residential Income
  
  Multifamily
  
  Quadplex
- Sports & Entertainment
  
  Fitness & Gym
- Land
  
  Commercial
- Specialty
  
  Day Care Centers
Rent
- For Lease
- Post a Listing
Space Uses
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Retail
  - Grocery Store
- Office
  - Building
- Residential Income
  - Multifamily
  - Quadplex
- Sports & Entertainment
  - Fitness & Gym
- Land
  - Commercial
- Specialty
  - Day Care Centers
For Lease
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

Morton, IL

Multifamily

Morton, IL Multifamily Properties for Sale

List

Map

East Peoria, IL Groveland, IL Washington, IL

Morton Multifamily Income Opportunity

Updated: May 5

Morton Multifamily Income Opportunity

540 N MAIN Street, Morton, IL 61550

$364,900

0.26 AC lot

4‑unit setup at 540 N Main Street: Unit A (6 bed/4 full bath), Unit B (3rd‑story studio), Unit C (finished lower level), Unit D (finished 2nd story)
Over $52,000 in current annual income reported in the remarks
1907 construction with original woodwork, built‑ins, and transom windowed doors
4‑car garage includes a finished 2nd story built in 1999 with an open floorplan and spacious room sizes
Finished lower level (Unit C) has daylight windows

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 Active listings in Morton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Commercial Building in Washington

Two-Story Commercial Building in Washington

120 Walnut Street, Washington, IL 61571

$209,900

0.12 AC lot

Two-story commercial building with renovation potential in Washington, Illinois.

Tangled Roots Investment Opportunity

Tangled Roots Investment Opportunity

140 Washington Square, Washington, IL 61571

$4,900,000

0.11 AC lot

Multifaceted hub with restaurant, brew pub, and Airbnb units.

East Peoria Mixed-Use Investment

East Peoria Mixed-Use Investment

220 & 222 MEADOW Avenue, East Peoria, IL 61611

$280,000

Mixed-use property with residential and commercial income potential.

Mixed-Use Building Near Morton

Mixed-Use Building Near Morton

3409 MEADOW Avenue, East Peoria, IL 61611

$314,900

0.70 AC lot

Multi-use building with commercial spaces and apartments near Morton.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land

University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

Commercial Land Development Parcel

Commercial Land Development Parcel

17039 Hillside Lane, Jerseyville, IL 62052

$70,000

2.10 AC lot

Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

Wooded Homesite in Wheatfield, Indiana

Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

Land For Sale, Lakemoor, IL

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

Off-Market Properties in Morton, IL

Consider similar Off-Market properties in Morton, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

1240 Main St, Morton, IL 61550-2474

$4,010,000

Estimated value

5,428 sqft · 3.87 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

300 Tyler St, Morton, IL 61550-1672

Value Estimation by Request

2,992 sqft · 0.36 AC lot

170 Queenwood Rd

APARTMENT HOUSE (UNDER 5 UNITS)

170 Queenwood Rd, Morton, IL 61550-2930

Value Estimation by Request

9,664 sqft · 1.84 AC lot

77 Queenwood Rd

APARTMENT HOUSE (UNDER 5 UNITS)

77 Queenwood Rd, Morton, IL 61550-2923

$680,000

Estimated value

3,536 sqft · 0.67 AC lot

418 Jefferson St

APARTMENT HOUSE (UNDER 5 UNITS)

418 Jefferson St, Morton, IL 61550-1869

Value Estimation by Request

2,912 sqft · 1.39 AC lot

303 Jefferson St

APARTMENT HOUSE (UNDER 5 UNITS)

303 Jefferson St, Morton, IL 61550-2197

Value Estimation by Request

2,110 sqft · 0.28 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

431 David St, Morton, IL 61550-1865

Value Estimation by Request

3,080 sqft · 0.32 AC lot

115 Birchwood St, Unit 127

APARTMENT HOUSE (UNDER 5 UNITS)

115 Birchwood St, Morton, IL 61550-2501

Unit 127

Value Estimation by Request

3,441 sqft · 0.45 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

191 Jay Ave, Morton, IL 61550-1380

$540,000

Estimated value

3,800 sqft · 1.88 AC lot

1301 Jefferson St

APARTMENT HOUSE (UNDER 5 UNITS)

1301 Jefferson St, Morton, IL 61550-1378

Value Estimation by Request

2,046 sqft · 5.92 AC lot

1301 Jefferson St

APARTMENT HOUSE (UNDER 5 UNITS)

1301 Jefferson St, Morton, IL 61550-1378

Value Estimation by Request

2,046 sqft · 7.90 AC lot

120 Queenwood Rd, Unit C-D

APARTMENT HOUSE (UNDER 5 UNITS)

120 Queenwood Rd, Morton, IL 61550-2952

Unit C-D

$555,000

Estimated value

3,905 sqft · 0.93 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

35 Sheila Ct, Morton, IL 61550-3158

$785,000

Estimated value

8,004 sqft · 0.90 AC lot

150 Queenwood Rd, Unit A-B

APARTMENT HOUSE (UNDER 5 UNITS)

150 Queenwood Rd, Morton, IL 61550-2954

Unit A-B

Value Estimation by Request

2,880 sqft · 1.09 AC lot

Morton, IL Multifamily Properties Market Trends and Statistics

Explore 15 multifamily properties for sale in Morton, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $364,900.

Sale prices for multifamily properties in Morton, IL start at $364,900, averaging $364,900, and reaching up to $364,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 19K

Population Growth (5Y) +5.1%

Median Household Income $92,269

College Educated 53.2%

High-Yield Neighborhoods for Investment

Identify Morton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
61550	$364.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings