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    Property profile & analytics

    191 Queenwood Rd Morton, IL 61550-2956

    • Assisted living facilities
    • 44,187 SF
    • 3.20 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Last Sale
    May 05, 2024
    $450,000
    Location Intelligence
    Property ID
    US28-5748931
    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

    • Assisted living facilities

    Property Details for 191 Queenwood Rd

    Year built
    1971
    Lot size
    3.20 lot acres
    Property size
    44,187 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    06-06-29-115-003
    APU
    60629115003

    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
    -89.4706
    Latitude
    40.5912
    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
    $23,524
    $172,410
    $148,360
    $320,770
    -
    $517,230
    $445,080
    $962,310

    Comparable in this City

    • Value Estimation by Request
      89,396 SF

      1500 Parkside Ave

      HOMES (RETIRED, NURSING) • 89,396 SF
      1500 Parkside Ave, Morton, IL 61550-2629
      View Details
    • Value Estimation by Request
      43,856 SF

      1709 Main St

      HOMES (RETIRED, NURSING) • 43,856 SF
      1709 Main St, Morton, IL 61550-9213
      View Details
    • Value Estimation by Request
      27,380 SF

      501 Highland St

      HOMES (RETIRED, NURSING) • 27,380 SF
      501 Highland St, Morton, IL 61550-9501
      View Details
    • Value Estimation
      $2,695,000
      30,068 SF

      730 Jefferson St

      HOMES (RETIRED, NURSING) • 30,068 SF
      730 Jefferson St, Morton, IL 61550-1571
      View Details
    • Value Estimation by Request
      91,468 SF

      1400 Parkside Ave

      HOMES (RETIRED, NURSING) • 91,468 SF
      1400 Parkside Ave, Morton, IL 61550-3207
      View Details
    • Value Estimation
      $530,000
      22,320 SF

      730 Jefferson St

      HOMES (RETIRED, NURSING) • 22,320 SF
      730 Jefferson St, Morton, IL 61550-1571
      View Details

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      Morton Retail Space: Prime Location

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    191 Queenwood Rd
    Morton, IL 61550-2956
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    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
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