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540 N Main Street

Morton, IL 61550
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Bed --

Bed

Bath 0

Bath

Acres0.26

Acre(Lot)

HOUSE HACK! YOU WON'T WANT TO MISS THIS OPPORTUNITY! WHETHER YOU ARE LOOKING TO PURCHASE AN INCOME PROPERTY, OR CONSIDERING PURCHASING A PERSONAL RESIDENCE THAT ALSO GENERATES PASSIVE INCOME, 540 N MAIN STREET MIGHT BE THE PROPERTY FOR YOU! THE PRIMARY RESIDENCE (UNIT A) FEATURES 6 BEDROOMS & 4 FULL BATHROOMS, & FULLY APPLIANCED SPACIOUS KITCHEN IS ACCENTED BY ROECKER CABINETS. BEAUTIFUL ORIGINAL WOODWORKING THROUGHOUT INCLUDING BUILT INS & TRANSOM WINDOWED DOORS. FINISHED LOWER LEVEL (UNIT C) OFFERS DAYLIGHT WINDOWS & AN ABUNDANCE OF CHARM & CHARACTER. THE 3RD STORY (UNIT B) FEATURES A STUDIO APARTMENT. THE 4 CAR GARAGE BOASTS A FINISHED 2ND STORY BUILT IN 1999 (UNIT D) THAT OFFERS AN OPEN FLOORPLAN & SPACIOUS ROOM SIZES. OVER $52,000 IN CURRENT ANNUAL INCOME. SCHEDULE YOUR TOUR TODAY!

Detail Ic Property Details

Property Type : Residential Income

Price : $364,900

AD Id : 78030366

MLS Id : PA1266268

Lot Size : 0.26 Acre

Year Built : 1907

County : Tazewell

Subdivision: Elmwood Park

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Daylight, Finished, Full
  • Roofing Information

    Shingle
  • Interior Features

    Storage, High Speed Internet Roof: Shingle Appliances: Gas Water Heater, Refrigerator, Water Heater, Range, Dryer, Dishwasher Laundry Features: Other, In Unit
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas, Hot Water Has Cooling: Yes Cooling: Window Unit(s), Zoned, Central Air, Wall Unit(s)

  • Building Information

    Year Built: 1907 Building Area Total: 4139 Construction Materials: Vinyl Siding Private Pool: No Association Fee Frequency: Monthly

  • Lot Information

    Lot Dimensions: 75 X 150 Lot Size Acres: 0.258 Lot Description: Corner Lot, Level

    Property Information

    Subdivision: Moschels & Ackerman Source Property Type: Residential Income MLS Area Minor: PAAR Area Property Age: 119

  • Listing Price Information

    Listing Price: $364900 Original Price: $374900

  • Tax Information

    Parcel Number: 06-06-16-307-001 Tax Year: 2025 Annual Tax: $7414.52 Tax Legal Desc: SEC 16 T25N R3W MOSCHEL & ACKERMAN ADDN LOT 52 & N 1/2 LOT 51 SW 1/4

  • Parking Information

    Parking Total: 4 Detached, Oversized, Garage Door Opener
    Homeowners Association Information
    Has Association: Yes

  • School Information

    Elementary School: Morton
    Junior High School: Morton Jr. High
    Senior High School: Morton
  • Utility Information

    Cable Available
  • Location Information

    Direction: 150 TO 4 WAY STOP (N) ON MAIN STREET OR COURTLAND TO NORTH MAIN; PROPERTY IS ON THE CORNER OF MAIN & TYLER. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
66 Warwick Circle, Morton, IL, 61550 $519,900 4 4 3,316 3,316 SqFt
1214 Whippoorwill Drive, Morton, IL, 61550 $650,000 5 3 3,839 3,839 SqFt
401 N Ohio Avenue, Morton, IL, 61550 $249,900 4 2 1,884 1,884 SqFt
1020 E Madison Street, Morton, IL, 61550 $314,000 4 3 2,490 2,490 SqFt
337-339 North Street, Morton, IL, 61550 $399,000 -- -- --
624 N Nebraska Avenue, Morton, IL, 61550 $349,900 3 3 1,785 1,785 SqFt
929 E Monroe Street, Morton, IL, 61550 $299,900 4 3 2,623 2,623 SqFt
407 E Jefferson Street, Morton, IL, 61550 $255,000 5 2 1,874 1,874 SqFt
2049 S 4th Avenue, Morton, IL, 61550 $305,000 3 2 1,740 1,740 SqFt
138 Knollcrest Avenue, Morton, IL, 61550 $430,000 4 4 2,950 2,950 SqFt

Based on information submitted to the MLS GRID as of 06/12/2026 @ 14:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

ByOwner last updated this listing 06/12/2026 @ 14:09

MLS: PA1266268 LISTED BY: Nicholas Schauble, The Royal Realty Company Illin 309-226-3223 SOURCE: RMLS Alliance

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