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Sold on 06/15/2022

77 Queenwood Rd, Morton, IL 61550

$1,042,000

Last sold 06/15/2022 for $870K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 77 Queenwood Rd

Property type Multi-family
Neighborhood
Year built 1999
HOA fee $0/month
Lot size 0.67 Acre
Movoto estimate
Rental estimate
Property description
Fantastic Morton location for this 12-unit multi-story apartment building with a brick front. Apartments consists of all large 2-bedroom units with mostly long-term tenants with the opportunity to increase rents. Apartment building has a brick front and a newer roof. Tenants pay gas, electric, water and sewer and each apartment has central air.
Listed by
Listing Office - Oakwood Real Estate
Source: RMLS Alliance mls logo
MLS#PA1233074 • last updated 4 years ago
Movoto checked RMLS Alliance for data 9 hours ago
Overview
Heating Forced Air, Gas, Central
Levels/Style Two Or More Story, Apartment Building
MLS # PA1233074
Status Sold
SubType Residential Income
Lot Size (Acres) 0.67
Property Tax 16564.22
Year Built 1999
Interior
Laundry Units Hook-Ups
Interior Features Cable Available
Exterior
Roof Shingle
Construction Brick Partial, Vinyl Siding
Parking Guest Parking
# of Parking Spaces 18
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision Unavailable
High School Morton
APN 06-06-29-115-039
Directions I155 To Queenwood Exit Left 1/2 Block After Casey's
Multifamily Details
Total # of Units 12
Net Operating Income 79559
Expense: Operating 9283
Expense: Maintenance 2068
Expense: Trash 1080
Gross Income 88842
Expense: Electricity 600
$1.04M
Range: $854K-$1.22M
Last 30 days 
Rental est.: $1,830/month
Gross rent multiplier: 39.6
  • Jun 2022
    Public Records
  • Jun 17, 2022 Sold
    $870,000
  • Year Property taxes Tax assessment
  • 2024
    $21,440 +3.6%
    $302,900
  • 2023
    $20,694 +16.5%
    $302,900 +31.67%
  • 2022
    $17,765 +4.0%
    $230,040 +4.0%
  • 2021
    $17,087 +3.2%
    $221,190
  • 2020
    $16,564 +0.3%
    $221,190 +1.0%
  • 2019
    $16,520
    $219,000
  • 77 Queenwood Rd
    $870K
  • Paar Area
    —
  • 61550
    $307K +11% y/y
  • Morton
    $313K +14% y/y
No chart available
Statistics calculated by Movoto

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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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  • Real Estate
  • IL
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  • 77 Queenwood Rd
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