540 N Main Street
Morton, IL 61550
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Bed
0
Bath
0.26Acre(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!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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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)
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Building Information
Year Built: 1907 Building Area Total: 4139 Construction Materials: Vinyl Siding Private Pool: No Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 75 X 150 Lot Size Acres: 0.258 Lot Description: Corner Lot, LevelProperty Information
Subdivision: Moschels & Ackerman Source Property Type: Residential Income MLS Area Minor: PAAR Area Property Age: 119
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Listing Price Information
Listing Price: $364900 Original Price: $374900
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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
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Parking Information
Parking Total: 4 Detached, Oversized, Garage Door OpenerHomeowners Association InformationHas Association: Yes
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School Information
Elementary School: MortonJunior High School: Morton Jr. HighSenior 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 |
|---|---|---|---|---|---|
| 313 N 3rd Avenue, Morton, IL, 61550 | $215,000 | 2 | 2 | 2,008 | 2,008 SqFt |
| 1214 Whippoorwill Drive, Morton, IL, 61550 | $650,000 | 5 | 3 | 3,839 | 3,839 SqFt |
| 346 S Nebraska Avenue, Morton, IL, 61550 | $399,900 | 4 | 3 | 2,870 | 2,870 SqFt |
| 725 Taylor Street, Morton, IL, 61550 | $380,000 | 4 | 3 | 2,384 | 2,384 SqFt |
| 700 Taylor Street, Morton, IL, 61550 | $409,900 | 5 | 3 | 2,582 | 2,582 SqFt |
| 433 E Fernwood Street, Morton, IL, 61550 | $314,900 | 4 | 2 | 2,370 | 2,370 SqFt |
| 408 E Birchwood Street, Morton, IL, 61550 | $299,000 | 4 | 3 | 1,748 | 1,748 SqFt |
| 211 W Pershing Street, Morton, IL, 61550 | $165,000 | 3 | 1 | 1,516 | 1,516 SqFt |
| 129 Northshore Drive, Morton, IL, 61550 | $289,500 | 3 | 2 | 1,872 | 1,872 SqFt |
| 41 Oak Ridge Point, Morton, IL, 61550 | $1,295,000 | 5 | 5 | 7,100 | 7,100 SqFt |
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Based on information submitted to the MLS GRID as of 08/02/2026 @ 09:03. 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 08/02/2026 @ 09:03
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