309 E Adams Street, Morton, IL 61550

$398,000

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List Price
$398,000
Price Change
▼ $22,000 1790706533
MLS#
PA1270211
Status
ACTIVE
Year Built
1928
Municipality
PAAR Area
County
Tazewell
Listing Type
Multifamily

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!

Additional Information

Sr. High School
Morton
Cooling
Zoned, Central Air
Heating
Forced Air, Natural Gas, Gas Water Heater

Listing courtesy of Listing Agent: Sue Neihouser (sueneihouser@remax.net) from Listing Office: RE/MAX Traders Unlimited.

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