515 E Madison St, Morton, IL 61550 Property Records

Tazewell County property record for 515 E Madison St, Morton, IL 61550 · Last verified May 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	1.5 Baths
Year Built	Built 1975
Square Footage	1,872 sqft Living Area
Lot Size	11,327 sqft (0.248 acres)
Occupancy	Owner Occupied
Tax Bill	$4,087.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`06-06-21-111-006`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Partial Baths	1 Partial Baths
Plumbing Fixtures	7 Plumbing Fixtures
Total Rooms	7 Rooms
Building Area	1,872 sqft Living Area
Gross Area	4,489 sqft Gross Area
1st Floor	1,872 sqft 1st Floor
Basement Area	1,182 sqft Basement
Stories	1 Stories
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 1938
Effective Year Built	Effective 1975
Roof Material	Composition Shingle Roof
Lot Area	11,327 sqft (0.248 acres)
Depth X Width	241 ft x 47 ft Depth x Width

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating

Location & Zoning

Street Address	515 E MADISON ST
City	MORTON
State	IL
Zip	61550-2170
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	SEC 21 T25N R3W CHRIS RASSIS 1ST ADDN LOT 7 AND LOT 8 NW 1/4
Legal Range	03W
Legal Township	25N
Legal Section	21
Legal Subdivision	CHRIS RASSIS 1ST ADDN
Legal Block	111
Legal Lot Number	7,8
Jurisdiction	TAZEWELL IL
Minor Civil Division	MORTON
Census Blockgroup	2
Census Block	2021
Census Tract	21605

Owner

Source: Tazewell County records · APN 06-06-21-111-006

Assessment roll updated April 8, 2026 · Last verified May 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	515 E MADISON ST, MORTON, IL 61550-2170
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Transfer Date	Feb 27, 2006
Transfer Doc	0000006752
Record Refreshed	Jun 08, 2026

May 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TAZEWELL IL
Property Address	515 E MADISON ST, MORTON, IL 61550-2170
Transaction Type	Mortgage
Record Updated	Aug 28, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000007112
Date	May 17, 2022
Instrument	202200007112

Lender

Name	CEFCU
Type	Credit Union
Address	PEORIA, IL 61607

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	300 Months
Due	May 16, 2047

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly (Revolving credit lines are monthly unless stated otherwise).

Tax Assessment & Valuation

Source: Tazewell County records · Assessment roll updated April 8, 2026 · Last verified May 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Tazewell County
County Subdivision	Morton Township
Municipality	Morton Village
Unified School District	Morton Community Unit School District 709 (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$68,340 (+15.07%) Land $9,270 Building $59,070	$205,020 (+15.07%) Land $27,810 Building $177,210
2024	$4,087.00 (+4.39%)
2023	$3,915.00	$59,390 Land $8,060 Building $51,330	$178,170 Land $24,180 Building $153,990

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Tazewell County (17179C), updated July 20, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.