503 E Park St, Morrison, IL 61270
OFF MARKET

503 E Park St
Morrison, IL 61270

  • Studio
  • 949 sqft

$240,600

Trulia Estimate
as of Aug 12, 2026
Est. Refi. Payment $1,730/mo*
Refinance Your Home

$240,600

Trulia Estimate
as of Aug 12, 2026
Est. Refi. Payment $1,730/mo*
Refinance Your Home
Studio
949 sqft

Home Value

Trulia Estimate
$241K
Since last month
Increased$2K (+0.9%)
Since last year
Increased$8K (+3.6%)
Since last sale
Increased$128K (+113.9%)
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 +101% in the last 10 years
MonthEstimated value
2026
August 2026$241K
July 2026$231K
June 2026$239K
May 2026$214K
April 2026$201K
March 2026$168K
February 2026$186K
January 2026$255K
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
500 Jenkran Way #2, Morrison, IL
0.54
Multi-Family Home
$155,000
08/15/25
3
2
1,560
109 E Morris St, Morrison, IL
0.27
Multi-Family Home
$94,000
04/17/26
2
2
-

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
403 E Park St, Morrison, IL 61270
0.04
$160,000
3
2
1,224
Recently Sold
108 Maple Ave, Morrison, IL 61270
0.06
$172,900
3
1.5
1,758
Off Market
401 Ash Ave, Morrison, IL 61270
0.04
$185,200
5
2
2,484
Off Market
309 Ash Ave, Morrison, IL 61270
0.02
$145,000
2
1
1,164
Off Market
411 Park Ct, Morrison, IL 61270
0.06
$125,000
3
2
1,316
Recently Sold
401 E Park St, Morrison, IL 61270
0.05
$165,000
2
2
1,200
Off Market
104 Maple Ave, Morrison, IL 61270
0.08
$140,000
2
2
992
Recently Sold
301 Ash Ave, Morrison, IL 61270
0.04
$150,000
4
1.5
2,628
Recently Sold
406 Ash Ave, Morrison, IL 61270
0.09
$250,800
4
1.5
1,670
Off Market
407 Portland Ave, Morrison, IL 61270
0.11
$85,100
3
1
925
Off Market
503 Portland Ave, Morrison, IL 61270
0.13
$141,190
3
2
1,785
Recently Sold
208 Cedar St, Morrison, IL 61270
0.10
$48,700
2
1
675
Off Market

Local Information

  • Map ViewExplore the area around 503 E Park St.
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1976
Living Area
949 sqft
Price/Sqft
$254

About this House

Nice 4 Plex. All 2 BR units. Tenants pay electric. Some newer furnace and A/C's, carpet, linoleum and appliances. Some baths have new sink, vanity and tub surround. Each unit has own water heater and laundry hookups. 4-plex next door (501 East Park) also on the market. Seller prefers to sell them both as a package.
503 E Park St, Morrison, IL 61270 is a studio, 949 sqft multi-family built in 1976. It last sold for $112,500 on Oct 19, 2016. It is currently off market. The Trulia Estimate is $240,600, with a rent estimate of $918/month.

Home Details for 503 E Park St

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: Multi Family

Price and Tax history

DateEventPrice
Oct 19, 2016
Source: MRED as distributed by MLS GRID #QC4173119
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 14, 2016
Source: Agent Provided
Listed For Sale
$134,900

Market trends in Morrison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
23
4MoM
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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.
  • Juliemeyer31
    "Paint the town is a super fun local event where we shut down Main Street and paint squares, it usually stays beautiful for at least a month!"
    0
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  • Tiffany Annmarie Ryan
    "School are great here we moved here six months ago we love it here we live the schools everyone is kind and helpful "
    0
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  • Bubblegum B.
    "it's an hour drove to work. planning to move. but gas station, dollar General and McDonald's close by. "
    0
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  • Lasha L.
    "There isn’t a dog park really, parks in general yes, also you might like that it’s walkable and people are typically friendly "
    3
    Flag
  • Eggersfamily02
    "This is such an amazing place to live. The schools are great. The atmosphere is wonderful to raise children in."
    0
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Apartments for Rent

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Homes for sale near 503 E Park St

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Off Market Homes Near 503 E Park St

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Frequently asked questions about 503 E Park St

  • What is 503 E Park St estimated to be worth?
    Trulia's estimated value for 503 E Park St in Morrison, IL is $240,600.
  • What is the price history for 503 E Park St?
    503 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.