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Morton, IL

Residential Income

Morton, IL Residential Income Properties for Sale

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East Peoria, IL Pekin, IL Groveland, IL Washington, IL Peoria, IL Tremont, IL Creve Coeur, IL Spring Bay, IL

Quadplex with Attached 4-Car Garage

Updated: May 5

Quadplex with Attached 4-Car Garage

540 N MAIN Street, Morton, IL 61550

$364,900

0.26 AC lot

Quadplex with Units A through D across multiple finished levels
Primary Unit A features 6 bedrooms and 4 full bathrooms
Third‑story Unit B is a studio apartment
Finished lower level in Unit C includes daylight windows
Finished second story above 4‑car garage (built in 1999) with open floorplan

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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.

Newly Remodeled Mixed-Use Building

Newly Remodeled Mixed-Use Building

19478 SPRINGFIELD Road, Groveland, IL 61535

$565,000

0.44 AC lot

Fully occupied mixed-use property with two apartments and three commercial units, supported by long-term tenants and leases.

Four-Unit Quadplex with Commercial Space

Four-Unit Quadplex with Commercial Space

220 & 222 MEADOW Avenue, East Peoria, IL 61611

$280,000

Four residential apartment units with additional commercial space in a B2-zoned East Peoria mixed-use property.

5-Unit Mixed-Use Apartment Building

5-Unit Mixed-Use Apartment Building

19478 SPRINGFIELD Road, Groveland, IL 61535

$565,000

Mixed-use building with two residential apartments and three commercial units, fully occupied and newly remodeled.

All-Brick Tri-Plex with Parking

All-Brick Tri-Plex with Parking

1315 Springfield, East Peoria, IL 61611

Contact for pricing

All-brick tri-plex offers three two-bedroom units with shared interior laundry and dedicated storage.

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.

Residential Lots in East Peoria

Residential Lots in East Peoria

406 SHADY KNOLLS Drive, East Peoria, IL 61611

Contact for pricing

Residential land in a newly developed East Peoria subdivision.

Residential Land in East Peoria

Residential Land in East Peoria

202 HELENE Court, East Peoria, IL 61611

$33,500

Land for sale in a newly developed East Peoria subdivision.

Residential Lots in East Peoria

Residential Lots in East Peoria

204 HELENE Court, East Peoria, IL 61611

$33,500

Residential land in a newly developed East Peoria subdivision.

Residential Lots in East Peoria

Residential Lots in East Peoria

205 HELENE Court, East Peoria, IL 61611

$37,500

Residential land in a developed East Peoria subdivision.

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.

1240 Main St

APARTMENT HOUSE (UNDER 5 UNITS)

1240 Main St, Morton, IL 61550-2474

$3,760,000

Estimated value

5,428 sqft 3.87 AC lot

300 Tyler St

APARTMENT HOUSE (UNDER 5 UNITS)

300 Tyler St, Morton, IL 61550-1672

$380,000

Estimated value

2,992 sqft 0.36 AC lot

170 Queenwood Rd

APARTMENT HOUSE (UNDER 5 UNITS)

170 Queenwood Rd, Morton, IL 61550-2930

$215,000

Estimated value

9,664 sqft 1.84 AC lot

77 Queenwood Rd

APARTMENT HOUSE (UNDER 5 UNITS)

77 Queenwood Rd, Morton, IL 61550-2923

$640,000

Estimated value

3,536 sqft 0.67 AC lot

418 Jefferson St

APARTMENT HOUSE (UNDER 5 UNITS)

418 Jefferson St, Morton, IL 61550-1869

$480,000

Estimated value

2,912 sqft 1.39 AC lot

303 Jefferson St

APARTMENT HOUSE (UNDER 5 UNITS)

303 Jefferson St, Morton, IL 61550-2197

$270,000

Estimated value

2,110 sqft 0.28 AC lot

431 David St

APARTMENT HOUSE (UNDER 5 UNITS)

431 David St, Morton, IL 61550-1865

$285,000

Estimated value

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

$260,000

Estimated value

3,441 sqft 0.45 AC lot

191 Jay Ave

APARTMENT HOUSE (UNDER 5 UNITS)

191 Jay Ave, Morton, IL 61550-1380

$280,000

Estimated value

3,800 sqft 1.88 AC lot

1301 Jefferson St

APARTMENT HOUSE (UNDER 5 UNITS)

1301 Jefferson St, Morton, IL 61550-1378

$355,000

Estimated value

2,046 sqft 5.92 AC lot

1301 Jefferson St

APARTMENT HOUSE (UNDER 5 UNITS)

1301 Jefferson St, Morton, IL 61550-1378

$355,000

Estimated value

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

$295,000

Estimated value

3,905 sqft 0.93 AC lot

35 Sheila Ct

APARTMENT HOUSE (UNDER 5 UNITS)

35 Sheila Ct, Morton, IL 61550-3158

$325,000

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

$330,000

Estimated value

2,880 sqft 1.09 AC lot

Morton, IL Residential Income Properties Market Trends and Statistics

Explore 15 residential income properties for sale in Morton, IL on our real estate platform.

Sale prices for residential income properties in Morton, IL average $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.

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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	$201.2K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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