306 E Madison St, Morton, IL 61550
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Property image
OFF MARKET

306 E Madison St
Morton, IL 61550

  • 2 Beds
  • 1 Bath
  • 950 sqft

$145,500

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,075/mo*
Refinance Your Home

$145,500

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,075/mo*
Refinance Your Home
2 Beds
1 Bath
950 sqft

Home Value

Trulia Estimate
$146K
Since last month
Decreased$3K (-2.1%)
Since last year
Increased$11K (+7.8%)
Since last sale
Increased$96K (+191%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +48% in the last 10 years
MonthEstimated value
2026
August 2026$146K
July 2026$147K
June 2026$149K
May 2026$146K
April 2026$137K
March 2026$139K
February 2026$137K
January 2026$131K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
504 E Adams St, Morton, IL
0.20
Single-Family Home
$205,000
05/08/26
3
1
1,127
207 N 2nd Ave, Morton, IL
0.12
Single-Family Home
$175,000
10/09/25
3
1
1,294
325 N Illinois Ave, Morton, IL
0.22
Single-Family Home
$225,000
04/16/26
3
1
1,250
116 N 5th Ave, Morton, IL
0.10
Single-Family Home
$192,000
09/12/25
2
2
1,260
360 E Edgewood St, Morton, IL
0.48
Single-Family Home
$158,000
10/24/25
2
1
768
334 S Nelson Ave, Morton, IL
0.45
Single-Family Home
$148,900
06/15/26
2
1
916
506 S Mathis Ave, Morton, IL
0.45
Single-Family Home
$168,000
08/29/25
2
1
800
109 W Chicago St, Morton, IL
0.35
Single-Family Home
$189,000
03/10/26
3
1
1,221
328 S Carol Ave, Morton, IL
0.51
Single-Family Home
$145,000
12/10/25
2
1
768
332 S Carol Ave, Morton, IL
0.51
Single-Family Home
$139,900
05/20/26
2
1
720

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
120 N 4th Ave, Morton, IL 61550
0.05
$234,800
3
2.5
1,566
Off Market
124 N 4th Ave, Morton, IL 61550
0.05
$230,400
4
2
1,642
Off Market
205 N 4th Ave, Morton, IL 61550
0.05
$200,100
3
2.5
1,328
Off Market
110 N 4th Ave, Morton, IL 61550
0.06
$190,000
3
1.5
1,310
Off Market
116 N 5th Ave, Morton, IL 61550
0.10
$208,900
2
2
1,260
Off Market
221 N 4th Ave, Morton, IL 61550
0.10
$241,300
3
2
1,899
Off Market
128 N 5th Ave, Morton, IL 61550
0.10
$202,700
3
2
1,592
Off Market
124 N 5th Ave, Morton, IL 61550
0.10
$210,600
3
1
1,359
Off Market
218 N 4th Ave, Morton, IL 61550
0.10
$210,000
4
2
1,337
Recently Sold
207 N 2nd Ave, Morton, IL 61550
0.12
$181,900
3
1
1,294
Off Market
420 E Jefferson St, Morton, IL 61550
0.13
$515,000
4
3.5
3,725
Recently Sold
226 N 4th Ave, Morton, IL 61550
0.12
$205,000
3
2
1,408
Recently Sold

Local Information

  • Map ViewExplore the area around 306 E Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1923
Living Area
950 sqft
Price/Sqft
$153
Parking
Garage

About this House

Cute 2/3 Bedroom house near downtown Morton and Jefferson School. - Cute 2 bedroom house in Morton, 3rd bedroom possible in basement Large backyard Off street parking Built in cabinets in dining area. All appliances included. Call or Text today to schedule a showing or visit our website for more vacancies, information and pictures.com
Call: 309-276-0688
Text: 203-580-6759 No Pets Allowed (RLNE5221999)
306 E Madison St, Morton, IL 61550 is a 2 bedroom, 1 bathroom, 950 sqft single-family home built in 1923. It last sold for $50,000 on Nov 20, 2015. More recently, it was listed as a rental in October 2019 with an asking price of $950 per month. That rental listing was removed on December 18, 2019. It is currently off market. The Trulia Estimate is $145,500, with a rent estimate of $1,240/month.

Home Details for 306 E Madison St

Interior Features

Interior Details
BasementNumber of Rooms: 4
Heating & Cooling
Heating: Forced Air, OtherCooling System: OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Appliances & Utilities
DryerWasher
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
GarageParking: Off Street, Garage

Community

Units in Building: 1

Lot Information

Lot Area: 8820 sqft

Price and Tax history

DateEventPrice
Dec 18, 2019
Source: Agent Provided
ListingRemoved
$745
Dec 13, 2019
Source: Agent Provided
PriceChange
$745
Price decreased by 22%
Oct 16, 2019
Source: Agent Provided
Listed For Rent
$950
Jan 5, 2019
Source: N/A
ListingRemoved
$950
Oct 27, 2018
Source: N/A
PriceChange
$950
Price decreased by 3%

Market trends in Morton

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
24
12MoM
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Around this home

What Locals Say about Morton

At least 69 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 89 % Say parking is easy

  • 88 % Say it's dog friendly

  • 87 % Say kids play outside

  • 86 % Say people would walk alone at night

  • 83 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 75 % Say it's quiet

  • 74 % Say streets are well-lit

  • 73 % Say there are sidewalks

  • 61 % Say neighbors are friendly

  • 58 % Say they plan to stay for at least 5 years

  • 57 % Say there's wildlife

  • 35 % Say it's walkable to restaurants

  • 33 % Say it's walkable to grocery stores

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Ernie S.
    "The trails at Timber Oaks is a lovely subdivision nestled near a 70 acre city park. And the subdivision is just minutes from downtown Morton, and I-74."
    0
    Flag
  • Stacy T. S.
    "I can get anywhere in town on a short amount of time. it's only a 15 minutes drive to Peoria for more to do. "
    1
    Flag
  • Stacy T. S.
    "There is no public transportation in Morton, so you need a car or at least a bike to get around. But it's also nice to walk downtown to the little shops in nice weather. "
    0
    Flag
  • Stacy T. S.
    "Very safe, quiet neighborhood close to Lincoln Elementary. Nice combination of families and older couples. "
    0
    Flag
  • Jhaut33
    "Pumpkin festival. Many parks and activities go on that make Morton a fun and inviting community for everyone."
    0
    Flag
  • Mike S.
    "Public transportation is not readily available. Most people commute via personal vehicle. The roads in Morton are well maintained and traffic is not an issue. "
    0
    Flag
  • Anna_runge94
    "Most yards are decent size and houses are not super close together. Surrounding roads are not supper busy and have a speed limit of 30mph. "
    0
    Flag
  • Neil W.
    "There is a nearby dog park. People are frequently out walking their dogs. Heartland Vet Clinic is great."
    0
    Flag
  • Gary R.
    "Nice streets for walking, everything is close and people are friendly. Highly recommend this community."
    0
    Flag
  • RC
    "A great family area, near multiple schools. Residential area that's not far from stores and restaurants."
    1
    Flag
  • Traceynkevin
    "Not a through street and very close neighbors that watch out for everyone. Neighbors will watch out for everyone’s children, just not their own"
    2
    Flag
  • jodyadams5
    "Well cared for homes with moderately priced homes . Very affordable with the best schools in the state !"
    0
    Flag
  • Courtni B.
    "We have lived on Timber Ln for 3 years and absolutely love how quiet and peaceful everything is. "
    0
    Flag
  • Geikes
    "Have lived here for 9 yrs...convenient to 74/474, yet quiet...able to walk to parks, pool and downtown shops."
    1
    Flag

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Apartments for Rent

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Explore by feature - Air Conditioning

6 rentals with air conditioning in Morton, IL

Explore by feature - Washer/dryer

Homes for sale near 306 E Madison St

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Off Market Homes Near 306 E Madison St

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Frequently asked questions about 306 E Madison St

  • What is 306 E Madison St estimated to be worth?
    Trulia's estimated value for 306 E Madison St in Morton, IL is $145,500.
  • What is the price history for 306 E Madison St?
    306 E Madison St in Morton, IL last sold for $50,000 in November 2015.
  • Is Morton a buyer's or seller's market?
    Morton is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Morton?
    Residents describe Morton, IL as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Morton, IL.
  • Does 306 E Madison St have air conditioning?
    Yes, 306 E Madison St in Morton, IL has air conditioning.
  • Does 306 E Madison St have laundry facilities?
    Yes, 306 E Madison St in Morton, IL has in-unit laundry.