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

$191,000

Trulia Estimate
as of Oct 18, 2026
  • 3 Beds
  • 2 Baths
  • 1,440 sqft

315 E Madison St, Morton, IL 61550

Home Highlights

Single-Family Home
1,440 sqft
$133/sqft

Local Information

  • Map ViewExplore the area around 315 E Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Fresh paint throughoutAll-new flooring
Welcome home to 315 East Madison Avenue, Morton, Illinois your perfect retreat! Nestled along the iconic Pumpkin Parade route, this freshly remodeled 3-bedroom, 2-bathroom home offers both charm and modern convenience. Every detail is brand new enjoy all-new flooring, appliances, and fresh paint throughout. You'll be just a short walk from downtown, vibrant shops, and schools. Don't miss this chance to experience the best of Morton living!

Renter pays all utilities and is responsible for yard maintenance.
315 E Madison St, Morton, IL 61550 is a 3 bedroom, 2 bathroom, 1,440 sqft single-family home. It last sold for $134,000 on Dec 29, 2021 (5,991% above the $2,200 asking price). More recently, it was listed as a rental in March 2026 with an asking price of $2,200 per month. That rental listing was removed on March 22, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $191,000, with a rent estimate of $1,894/month.

Home Details for 315 E Madison St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Detached Off Street, On Site

Comparable Sales for 315 E Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
226 N 4th Ave, Morton, IL
0.08
Single-Family Home
$205,000
03/20/26
3
2
1,408 sqft
218 N 4th Ave, Morton, IL
0.06
Single-Family Home
$210,000
01/21/26
4
2
1,337 sqft
217 N Indiana Ave, Morton, IL
0.22
Single-Family Home
$245,000
08/18/26
3
1.5
1,512 sqft
249 N Illinois Ave, Morton, IL
0.15
Single-Family Home
$250,000
07/31/26
3
2
2,134 sqft
505 E Monroe St, Morton, IL
0.19
Single-Family Home
$185,000
05/29/26
3
2.5
1,616 sqft
310 E Adams St, Morton, IL
0.18
Single-Family Home
$218,500
08/17/26
2
1.5
1,470 sqft
119 E Van Buren St, Morton, IL
0.33
Single-Family Home
$201,000
07/31/26
3
1.5
1,593 sqft
119 Van Buren St, Morton, IL
0.33
Single-Family Home
$201,000
07/31/26
3
1.5
1,593 sqft
324 N 2nd Ave, Morton, IL
0.20
Single-Family Home
$260,000
10/30/25
3
2
2,026 sqft
313 N 3rd Ave, Morton, IL
0.16
Single-Family Home
$215,000
07/30/26
2
2
2,008 sqft

Nearby homes

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Around this home

What Locals Say about Morton

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 78% say there's holiday spirit
  • 73% say there are sidewalks
  • 61% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Mar 22, 2026
Source: Zillow Rentals
ListingRemoved
$2,200
Mar 19, 2026
Source: Zillow Rentals
Listed For Rent
$2,200
Jan 1, 2022
Source: Zillow Rental Manager
ListingRemoved
Dec 30, 2021
Source: Zillow Rental Manager
Listed For Rent
$1,450
Dec 29, 2021
Source: RMLS Alliance as distributed by MLS GRID #PA1230825
Sold
$134,000

Frequently asked questions about 315 E Madison St

  • What is 315 E Madison St estimated to be worth?
    Trulia's estimated value for 315 E Madison St in Morton, IL is $191,000.
  • What is the price history for 315 E Madison St?
    315 E Madison St in Morton, IL last sold for $134,000 in December 2021.
  • 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 315 E Madison St have air conditioning?
    Yes, 315 E Madison St in Morton, IL has air conditioning.
  • Does 315 E Madison St have laundry facilities?
    Yes, 315 E Madison St in Morton, IL has in-unit laundry.

Homes for rent near 315 E Madison St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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