Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    120 Queenwood Rd, Unit C-D Morton, IL 61550-2952

    • Residential income homes
    • 3,905 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US28-5735423
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 120 Queenwood Rd

    Year built
    1975
    Lot size
    0.93 lot acres
    Property size
    3,905 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    06-06-29-301-044
    APU
    60629301044

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morton
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.4731
    Latitude
    40.5902
    CBSA code
    37900
    CBSA name
    PEORIA, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,305
    $55,120
    $276,300
    $331,420
    -
    $165,360
    $828,900
    $994,260

    Comparable in this City

    • Value Estimation
      $235,000
      9,664 SF

      170 Queenwood Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 9,664 SF
      170 Queenwood Rd, Morton, IL 61550-2930
      View Details
    • Value Estimation
      $380,000
      2,880 SF

      150 Queenwood Rd, Unit A-B

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,880 SF
      150 Queenwood Rd, Morton, IL 61550-2954
      View Details
    • Value Estimation
      $280,000
      2,110 SF

      303 Jefferson St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,110 SF
      303 Jefferson St, Morton, IL 61550-2197
      View Details
    • Value Estimation
      $490,000
      2,912 SF

      418 Jefferson St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,912 SF
      418 Jefferson St, Morton, IL 61550-1869
      View Details
    • Value Estimation
      $2,005,000
      2,046 SF

      1301 Jefferson St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,046 SF
      1301 Jefferson St, Morton, IL 61550-1378
      View Details
    • Value Estimation
      $690,000
      3,536 SF

      77 Queenwood Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,536 SF
      77 Queenwood Rd, Morton, IL 61550-2923
      View Details

    Similar Nearby for Sale

    • New
      $185,000
      0.36 Acres

      Morton, IL Mixed-Use Investment

      High-visibility mixed-use property with dental office and furnished apartment.
      700 W Jefferson St, Morton, IL 61550
      View Details
    • $299,000
      2.38 Acres

      Morton Commercial Land Opportunity

      2.38 Acres, Prime Location, $299,000
      7 Unit, Morton, IL 61550
      View Details
    • $299,900
      1.00 Acre

      Morton, IL Commercial Land

      One-acre commercial land parcel in high-profile retail area.
      121 W Ashland St, Morton, IL 61550
      View Details
    • Contact for pricing
      2.00 Acres

      Morton Industrial Land - 2 Acres

      Prime Morton, IL industrial development lot.
      866 Birchwood St, Morton, IL 61550
      View Details
    • $6,000,000
      60.00 Acres

      Morton, IL - 60 Acres Commercial Land

      Prime 60-acre development opportunity in Morton, IL.
      0 Lakeland Rd, Morton, IL 61550
      View Details
    • $380,000
      4.75 Acres

      Lakeland Road Commercial Land

      4.75 Acres, Morton, IL - Prime Development
      0 Lakeland Rd, Deer Creek, IL 61550
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,960 SF

      Retail Space with Drive-Thru

      2,100 SF retail space with drive-thru in Morton, IL.
      600-604 S Main St, Morton, IL 61550
      View Details
    • $12 SF/Yr
      1,400 SF

      Retail Space in Kroger Center

      Retail space for lease in Morton, IL, Kroger anchored center.
      1015-1067 W Jackson St, Morton, IL 61550
      View Details
    • $19 SF/Yr
      6,214 SF

      Morton Medical Office Suite Available

      Prime Medical Office Space - I-74 Access
      621 Jackson St, Morton, IL 61550
      View Details
    • Contact for pricing
      10,480 SF

      Morton Retail Space: Prime Location

      Restaurant/Retail Space Available; 2,960 sq ft
      600 Main St, Morton, IL 61550
      View Details
    • $7 SF/Yr
      139,893 SF

      Field Shopping Center: Morton, IL

      Morton Retail Center - Multiple Spaces Available
      1909-2141 Main St, Morton, IL 61550
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 Queenwood Rd, Unit C-D
    Morton, IL 61550-2952
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.