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Morton 61550
124 N 5th Avenue
$195,000
● House - Off Market

124 N 5th Avenue

Morton, IL 61550
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,359 Ft²
$1,140
Est. Monthly
15.22%
Cap Rate

About This Property

Welcome to this delightful 3-bedroom, 1-bath gem that perfectly blends vintage charm with today's modern comforts! From the moment you step inside, you'll feel the warmth and character of this cozy home, with its inviting atmosphere and timeless features.  Not only does this beauty offer spacious rooms and a fantastic layout, but it's also been lovingly updated to suit today's needs. The new roof on both the house and the garage (installed in 2024) ensures peace of mind for years to come, while the high-efficiency tankless water heater (also 2024) means endless hot water without the high utility bills. The washer (2023) and dishwasher (2024) are brand new, so all you have to do is move in and start enjoying the convenience!  The backyard is a private retreat with a newly installed privacy fence (2023), perfect for relaxing or entertaining. Inside, you'll find thoughtful updates like the new bathroom vanity (2022), adding a fresh, modern touch to the home's classic charm.  And let's not forget about location! Nestled perfectly between two larger cities, you'll enjoy the peace and quiet of suburban living, with the convenience of being just a short drive away from all the amenities and excitement those cities have to offer.  This home is truly a special find, offering a perfect mix of character, comfort, and convenience. Don't miss out on this amazing opportunity to own a home that's ready to welcome you with open arms!
Unit Size
1,359 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
2011

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Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12277075)

Price History

Date / Event Date Event Price
Mar 7, 2025 Sold
Sold
Jan 28, 2025 In contract -
In contract
Jan 24, 2025 Listed by RE/MAX Rising $175,000
Listed by RE/MAX Rising
Dec 22, 2019 No longer available -
No longer available
Oct 28, 2019 Listed $144,900
Listed
Adorable cute bungalow with lots of storage. Welcome into the arched front doors onto natural hardwoods floors redone 2019. New paint throughout house '19. Modern lighting & window treatments on main floor in '19. Many other updates included: Porch '17, Gutter Guards '16, Siding '15, Tankless Water Heater '14, HVAC '09, Roof '07. Large concrete patio off of sliding doors for entertaining and grilling. Easy yard maintenance. The manager has listed the unit size as 1359 square feet.
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 956
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,053
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,990
  • Gross Building Area: 1,990
  • Building Area: 1,834
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,834
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHRIS RASSIS 1ST ADDN
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: SEC 21 T25N R3W CHRIS RASSIS 1ST ADDN LOT 14 NW 1/4

Neighborhood

  • School District Name: Morton Community Unit School District 709
  • Census Tract: 021605

Geography

  • District: 060
  • Section: 21
  • Parcel: 06-06-21-116-002
  • Lot: 14
  • Meridian: SEC 21 TWN 25N RNG 03W
  • Municipality: MORTON
  • Latitude: 40.6083
  • Longitude: -89.4562

    Address

  • Full Address: 124 N 5th Ave
  • Address - House Number: 124
  • Street Direction: N
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Morton
  • Carrier Code: C001
  • 4-Digit Zip Code: 2104
  • Zip Code: 61550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $320,950
  • Tax Rate Code Area: 06002

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 185,970
  • High Value: 222,492
  • Low Value: 149,447

    Market Valuation

  • Market Total Value: $155,370
  • Market Land Value: $24,240
  • Market Improvement Value: $131,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,790
  • Assessed Land Value: $8,080
  • Assessed Improvements Value: $43,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 2019
  • Current Sale Recording Date: Dec 23, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201900017564
  • Previous Sale Recording Date: Dec 12, 2018
  • Previous Sale Contract Date: Dec 07, 2018
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Morton


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Frequently Asked Questions

When was property at 124 North 5th Avenue built and last sold?
The property at 124 North 5th Avenue was built in 2011 and last sold on Dec 14, 2019 for $140,000.
How much is this home worth?
The estimated value of the home located at 124 North 5th Avenue is $0.
What are some comparable homes to 124 North 5th Avenue?
There are currently no comparable homes to 124 North 5th Avenue.