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309 E Adams Street

Morton, IL 61550
  • $398,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: PA1270211
Price Reduced
UPDATED: 198 min ago
$398,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1928
County:
Area:

School Information

High School:

Description

So many possibilities w/this newly renovated 3-unit property in the heart of Morton giving the next owner flexibility to place tenants & select a rental strategy that works for them & choose how they want to utilize this unique investment opportunity. Live in the spacious main flr unit while renting the 2 furnished units upstairs, add to your investment portfolio or explore a combination of traditional & mid-term rentals! Unit A encompasses the main flr & offers 3 BR's, 1 BA, washer & dryer & darling front porch to enjoy. Extensively updated in '25 & '26 w/upgraded electrical, new flring, kitchen cabinets, 6 new windows, interior drs & trim, closet organizers, blinds & entry doors. Upstairs, Units B & C are furnished 1 BR units, each w/private access & history of successful mid-term rental, ideal for traveling professionals & others needing furnished housing. Unit B refreshed w/flring & paint, new kitchen cabinets & countertop, new entry door & window, completely remodeled BA & additional updates. Unit C updated in '25 & '26 w/LVT flring in kitchen & BA, mini-split, refrigerator, entry dr & window & fresh paint. Add. improvements include roof & siding '18, soundproofing between 1st & 2nd flrs, new keypad locks on all drs plus freshly painted decks & porches. 2-car detached garage provides add. convenience. Unit C currently rented at $1400.00 per month through Dec. Projected rents: Unit A $1,800–$2,000/mo; furnished Units B & C $1,400/mo each. Furnishings included. Call Today!

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-10-05T14:44:51.467.
www.loganfrazierhomes.org/homes/181250097
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309 E Adams Street Morton, IL 61550

  • Price: $398,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 198 min ago
  • ID#: PA1270211
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1928
Built
Neighborhood:
Jm Campbells
County:
Tazewell
Area:
Paar Area
High School:
Morton
Property Description
So many possibilities w/this newly renovated 3-unit property in the heart of Morton giving the next owner flexibility to place tenants & select a rental strategy that works for them & choose how they want to utilize this unique investment opportunity. Live in the spacious main flr unit while renting the 2 furnished units upstairs, add to your investment portfolio or explore a combination of traditional & mid-term rentals! Unit A encompasses the main flr & offers 3 BR's, 1 BA, washer & dryer & darling front porch to enjoy. Extensively updated in '25 & '26 w/upgraded electrical, new flring, kitchen cabinets, 6 new windows, interior drs & trim, closet organizers, blinds & entry doors. Upstairs, Units B & C are furnished 1 BR units, each w/private access & history of successful mid-term rental, ideal for traveling professionals & others needing furnished housing. Unit B refreshed w/flring & paint, new kitchen cabinets & countertop, new entry door & window, completely remodeled BA & additional updates. Unit C updated in '25 & '26 w/LVT flring in kitchen & BA, mini-split, refrigerator, entry dr & window & fresh paint. Add. improvements include roof & siding '18, soundproofing between 1st & 2nd flrs, new keypad locks on all drs plus freshly painted decks & porches. 2-car detached garage provides add. convenience. Unit C currently rented at $1400.00 per month through Dec. Projected rents: Unit A $1,800–$2,000/mo; furnished Units B & C $1,400/mo each. Furnishings included. Call Today!
Exterior Features

Construction Materials Vinyl Siding Parking Features Detached Parking Total 3 Road Surface Type Paved Roof Shingle

Interior Features

Basement DaylightFullUnfinishedWalk-Out AccessSump Pump Building Area Total 2560 Cooling ZonedCentral Air Heating Forced AirNatural GasGas Water Heater Interior Features High Speed Internet Laundry Features Owned EquipmentPrivateUnits Hook-Ups Number Of Central Air Units 2 Number Of Dishwashers 1 Number Of Dryers 2 Number Of Electric Meters 3 Number Of Gas Meters 3 Number Of Heating Units 3 Number Of Ranges 3 Number Of Washers 2 Number Of Water Heaters 3 Numberof Refrigerators 3

Property Features

100 Year Plain Unknown Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 0 Insurance Expense 1983 Lease Term Month To Month Lot Features Level Lot Size Dimensions 79x124x80x124 Manager On Site YN No Net Operating Income -7213 New Construction YN No Number Of Water Meters 3 Number Of Window Units 1 Operating Expense 1983 Repossessed No Structure Type Triplex Tax Annual Amount 5230.36 Tax Legal Description SEC 21 T25N R3W J M CAMPBELLS 1ST ADDN LOT 5 NW 1/4 Tax Year 2025 Trash Expense 0 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic

Listing provided courtesy of Sue Neihouser of RE/MAX Traders Unlimited: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-10-05T14:44:51.467.
 
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