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515 e Madison St, Morton, IL 61550

  • $249,000

    Last sold date unavailable

  • 3

    bed

  • 1

    bath

  • 1,872

    Sqft ($158/Sqft)

House not for sale
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About 515 e Madison St

Property type House
Year built 1938
HOA fee $0/month
Lot size 0.26 Acre
Movoto estimate
Rental estimate
Property description
This 3-bedroom, 1-bathroom single-family home is located at 515 e Madison St, Morton, IL, 61550 in Tazewell County and was built in 1938. This home offers 1,872 square feet of living space on a 11,327 sq ft lot. The estimated market value is $249,000, approximately $133 per square foot.
$249K
Range: $224K-$273K
Last 30 days 
Rental est.: $1,830/month
Gross rent multiplier: 13.5
  • Year Property taxes Tax assessment
  • 2024
    $4,088 +4.4%
    $63,750
  • 2023
    $3,915 +4.4%
    $63,750 +16.89%
  • 2022
    $3,749 +4.5%
    $54,540 +3.98%
  • 2021
    $3,588 +3.3%
    $52,450
  • 2020
    $3,474 +0.3%
    $52,450 +1.0%
  • 2019
    $3,465 +1.9%
    $51,930
  • 2018
    $3,401 +2.6%
    $51,930 +4.87%
  • 2017
    $3,314 +2.1%
    $49,520
  • 2016
    $3,246 +4.1%
    $49,520
  • 2014
    $3,117
    —
  • 515 e Madison St
    $295K
  • —
  • 61550
    $307K +2% y/y
  • Morton
    $313K +4% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
519 E Madison St, Morton, IL 61550 $251,000 4/2 1,792 0.01
523 E Madison St, Morton, IL 61550 $226,000 3/1 2,028 0.02
201 Rassi Ave, Morton, IL 61550 $477,000 3/1 2,182 0.02
218 Rassi Ave, Morton, IL 61550 $229,000 3/2 1,752 0.02
205 - 207 Rassi Ave, Morton, IL 61550 $226,000 4/2 2,624 0.03
527 E Madison St, Morton, IL 61550 $251,000 3/1 2,362 0.03
221 N Illinois Ave, Morton, IL 61550 $223,000 3/1 1,369 0.03
514 E Madison St, Morton, IL 61550 $187,000 3/1 1,278 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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10/10
Morton High School
public Grades 9-12
Morton Community Unit School District 709
Source: GreatSchools.org © 2026. All rights reserved.

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  • 515 e Madison St
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