501 E Park St
Morrison, IL 61270
Studio
1 Bath
949 sqft
$199,900
as of Aug 13, 2026
$199,900
as of Aug 13, 2026
Studio
1 Bath
949 sqft
Home Value
Trulia Estimate
$200KSince last month
Increased$18K (+8.6%)Since last year
Increased$9K (+4.3%)Since last sale
Increased$110K (+97.9%)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 +86% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $223K |
| July 2026 | $210K |
| June 2026 | $205K |
| May 2026 | $207K |
| April 2026 | $195K |
| March 2026 | $182K |
| February 2026 | $179K |
| January 2026 | $173K |
2025 | |
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 |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $94,000 | 04/17/26 | 2 | 2 | - | |
0.55 | Multi-Family Home | $155,000 | 08/15/25 | 3 | 2 | 1,560 |
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 |
|---|---|---|---|---|---|---|
0.02 | $160,000 | 3 | 2 | 1,224 | Recently Sold | |
0.05 | $172,900 | 3 | 1.5 | 1,758 | Off Market | |
0.05 | $185,200 | 5 | 2 | 2,484 | Off Market | |
0.04 | $145,000 | 2 | 1 | 1,164 | Off Market | |
0.05 | $125,000 | 3 | 2 | 1,316 | Recently Sold | |
0.04 | $165,000 | 2 | 2 | 1,200 | Off Market | |
0.07 | $140,000 | 2 | 2 | 992 | Recently Sold | |
0.05 | $150,000 | 4 | 1.5 | 2,628 | Recently Sold | |
0.10 | $250,800 | 4 | 1.5 | 1,670 | Off Market | |
0.09 | $85,100 | 3 | 1 | 925 | Off Market | |
0.12 | $141,190 | 3 | 2 | 1,785 | Recently Sold | |
0.11 | $48,700 | 2 | 1 | 675 | Off Market |
Local Information
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Home Highlights
Property Type
Multi-Family
Year Built
1973
Living Area
949 sqft
Price/Sqft
$211
About this House
This multi-family home is located at 501 E Park St, Morrison, IL. 501 E Park St is in Morrison, IL and in ZIP code 61270. This property has 1 bathroom and approximately 949 sqft of floor space. This property has a lot size of 8800 sqft and was built in 1973.
501 E Park St, Morrison, IL 61270 is a studio, 1 bathroom, 949 sqft multi-family built in 1973. It last sold for $112,500 on Oct 19, 2016. More recently, it was listed as a rental in January 2018 with an asking price of $475 per month. That rental listing was removed on January 16, 2018. It is currently off market. The Trulia Estimate is $199,900, with a rent estimate of $917/month.
Home Details for 501 E Park St
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Year Built Year Built: 1973 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 8 |
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Lot Area: 8800 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 16, 2018 Source: Agent Provided | ListingRemoved | $475 |
Jan 12, 2018 Source: Agent Provided | Listed For Rent | $475 |
Oct 19, 2016 Source: MRED as distributed by MLS GRID #QC4173123 | Sold | $112,500 |
Sep 7, 2016 Source: Agent Provided | Pending | $124,900 |
Aug 29, 2016 Source: Agent Provided | PriceChange | $124,900 Price decreased by 7% |
Jun 15, 2016 Source: Agent Provided | Listed For Sale | $134,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $3,744 | $45,894 |
Home facts updated by county records
Market trends in Morrison
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
23
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Around this home
What Locals Say about Morrison
At least 13 Trulia users voted on each feature.
94 % Say parking is easy
85 % Say yards are well-kept
85 % Say there's holiday spirit
81 % Say it's dog friendly
71 % Say it's quiet
68 % Say kids play outside
67 % Say people would walk alone at night
67 % Say there are sidewalks
67 % Say it's walkable to grocery stores
63 % Say it's walkable to restaurants
63 % Say neighbors are friendly
53 % Say streets are well-lit
47 % Say there's wildlife
47 % Say they plan to stay for at least 5 years
40 % Say car is needed
37 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Off Market Homes Near 501 E Park St
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SOLDJUL 24, 2026
SOLDJUL 20, 2026RE/MAX Sauk Valley, Closed
SOLDJUL 10, 2026Kophamer & Blean Realty, Closed
SOLDJUL 10, 2026Forefront Realty LLC, Closed- SOLDJUL 8, 2026Windmill Real Estate, Closed
- SOLDJUL 7, 2026
SOLDJUN 24, 2026Kophamer & Blean Realty, Closed- SOLDJUN 23, 2026
SOLDJUN 19, 2026RE/MAX Sauk Valley, Closed- See more homes for sale inMorrison
Frequently asked questions about 501 E Park St
- What is 501 E Park St estimated to be worth?Trulia's estimated value for 501 E Park St in Morrison, IL is $199,900.
- What is the price history for 501 E Park St?501 E Park St in Morrison, IL last sold for $112,500 in October 2016.
- Is Morrison a buyer's or seller's market?Morrison is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Morrison?Residents describe Morrison, IL as easy to park in, well-kept, and dog-friendly. See recently sold homes in Morrison, IL.