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540 N Main Street

Morton, IL 61550
  • $364,900
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: PA1266268
Price Reduced
$364,900
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Moschels & Ackerman
Type:
Multi-Family
Built:
1907
County:
Tazewell
Area:
Paar Area

School Information

Elementary School:
Morton
Middle School:
Morton Jr. High
High School:
Morton
School Ratings & Info

Description

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!

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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 Ashley Coker Team | The Real Estate Group. Data last updated: 2026-05-20T23:44:53.98.
www.ashleycoker.com/homes/176172035
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540 N Main Street Morton, IL 61550

  • Price: $364,900
  • Status: Active
  • On Site: 14 Days
  • ID#: PA1266268
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1907
Built
Neighborhood:
Moschels & Ackerman
County:
Tazewell
Area:
Paar Area
Elementary School:
Morton
Middle School:
Morton Jr. High
High School:
Morton
Property Description
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!
Exterior Features

Construction Materials CompositionVinyl Siding Parking Features DetachedOversizedGarage Door Opener Parking Total 4 Road Surface Type Paved Roof Shingle

Interior Features

Basement DaylightFinishedFull Building Area Total 4139 Cooling ZonedCentral Air Heating Forced AirNatural GasHot WaterGas Water HeaterWall Unit(s)Window Unit(s) Interior Features StorageCable AvailableHigh Speed Internet Laundry Features OtherPrivate Number Of Central Air Units 1 Number Of Dishwashers 2 Number Of Dryers 2 Number Of Electric Meters 4 Number Of Gas Meters 2 Number Of Heating Units 3 Number Of Ranges 4 Number Of Washers 2 Number Of Water Heaters 2 Numberof Refrigerators 4

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventionalFHAVA Gross Income 52800 Gross Scheduled Income 52800 Insurance Expense 1916 Lot Features Corner LotLevel Lot Size Dimensions 75 X 150 Manager On Site YN No Net Operating Income 32926 New Construction YN No Number Of Water Meters 2 Number Of Window Units 3 Operating Expense 12459 Repossessed No Structure Type Apartment BuildingOther Tax Annual Amount 7414.52 Tax Legal Description SEC 16 T25N R3W MOSCHEL & ACKERMAN ADDN LOT 52 & N 1/2 LOT 51 SW 1/4 Tax Year 2025 Tenant Pays Other Trash Expense 950 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic Zoning R3

Listing provided courtesy of Nicholas Schauble of The Royal Realty Company Illin: .
© 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 Ashley Coker Team | The Real Estate Group. Data last updated: 2026-05-20T23:44:53.98.
 
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