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    Morton, IL Residential Income Properties for Sale

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    East Peoria, IL Groveland, IL Washington, IL
    Morton Multifamily Income Opportunity
    $364,900
    0.26 Acres
    Morton Multifamily Income Opportunity

    540 N MAIN Street, Morton, IL 61550

    Income-generating multifamily property with four units and a four-car garage.
    • High income potential: Generates over $52,000 in annual income.
    • Multiple units: Includes a primary residence (6 bed/4 bath), studio apartment, and finished lower level.
    • Four‑car garage: Features a finished 2nd story with an open floorplan.
    • Original woodworking: Boasts beautiful original woodworking, including built‑ins and transom windowed doors.
    • Spacious kitchen: Fully applianced kitchen with Roecker cabinets.
    Updated: May 5
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    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
    $209,900
    0.12 Acres
    Two-Story Commercial Building in Washington

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

    120 Walnut Street, Washington, IL 61571

    View details
    Tangled Roots Investment Opportunity
    $4,900,000
    0.11 Acres
    Tangled Roots Investment Opportunity

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

    140 Washington Square, Washington, IL 61571

    View details
    East Peoria Mixed-Use Investment
    $280,000
    East Peoria Mixed-Use Investment

    Mixed-use property with residential and commercial income potential.

    220 & 222 MEADOW Avenue, East Peoria, IL 61611

    View details
    Mixed-Use Building Near Morton
    $314,900
    0.70 Acres
    Mixed-Use Building Near Morton

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

    3409 MEADOW Avenue, East Peoria, IL 61611

    View details

    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
    Contact for pricing
    Residential Lots in East Peoria

    Residential land in a newly developed East Peoria subdivision.

    406 SHADY KNOLLS Drive, East Peoria, IL 61611

    View details
    Residential Land in East Peoria
    $33,500
    Residential Land in East Peoria

    Land for sale in a newly developed East Peoria subdivision.

    202 HELENE Court, East Peoria, IL 61611

    View details
    Residential Lots in East Peoria
    $33,500
    Residential Lots in East Peoria

    Residential land in a newly developed East Peoria subdivision.

    204 HELENE Court, East Peoria, IL 61611

    View details
    Residential Lots in East Peoria
    $37,500
    Residential Lots in East Peoria

    Residential land in a developed East Peoria subdivision.

    205 HELENE Court, East Peoria, IL 61611

    View details

    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)
    5,428 SF Lot: 3.87 Acres
    Estimated value
    $4,010,000

    1240 Main St, Morton, IL 61550-2474

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    300 Tyler St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,992 SF Lot: 0.36 Acres
    Value Estimation by Request

    300 Tyler St, Morton, IL 61550-1672

    View details
    170 Queenwood Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    9,664 SF Lot: 1.84 Acres
    Value Estimation by Request

    170 Queenwood Rd, Morton, IL 61550-2930

    View details
    77 Queenwood Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,536 SF Lot: 0.67 Acres
    Estimated value
    $680,000

    77 Queenwood Rd, Morton, IL 61550-2923

    View details
    418 Jefferson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,912 SF Lot: 1.39 Acres
    Value Estimation by Request

    418 Jefferson St, Morton, IL 61550-1869

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    303 Jefferson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,110 SF Lot: 0.28 Acres
    Value Estimation by Request

    303 Jefferson St, Morton, IL 61550-2197

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    431 David St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,080 SF Lot: 0.32 Acres
    Value Estimation by Request

    431 David St, Morton, IL 61550-1865

    View details
    115 Birchwood St, Unit 127
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,441 SF Lot: 0.45 Acres
    Value Estimation by Request
    Unit 127

    115 Birchwood St, Morton, IL 61550-2501

    View details
    191 Jay Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,800 SF Lot: 1.88 Acres
    Estimated value
    $540,000

    191 Jay Ave, Morton, IL 61550-1380

    View details
    1301 Jefferson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,046 SF Lot: 5.92 Acres
    Value Estimation by Request

    1301 Jefferson St, Morton, IL 61550-1378

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    1301 Jefferson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,046 SF Lot: 7.90 Acres
    Value Estimation by Request

    1301 Jefferson St, Morton, IL 61550-1378

    View details
    120 Queenwood Rd, Unit C-D
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,905 SF Lot: 0.93 Acres
    Estimated value
    $555,000
    Unit C-D

    120 Queenwood Rd, Morton, IL 61550-2952

    View details
    35 Sheila Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    8,004 SF Lot: 0.90 Acres
    Estimated value
    $785,000

    35 Sheila Ct, Morton, IL 61550-3158

    View details
    150 Queenwood Rd, Unit A-B
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,880 SF Lot: 1.09 Acres
    Value Estimation by Request
    Unit A-B

    150 Queenwood Rd, Morton, IL 61550-2954

    View details

    Morton, IL Residential Income Properties Market Trends and Statistics

    Explore 15 residential income 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 residential income 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1
    Quadplexes 1

    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

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