507 W 1st Street

Mount Morris, IL
$ 167,500 Beds 3 Baths 1 Sq 1,290
Monthly Estimate* How much can I afford?

Welcome home to this well maintained, move in ready home in Mount Morris! Inside, you'll find newer flooring throughout, including a mix of both LVP and hardwood flooring. Several important updates have already been taken care of, including a brand new furnace in 2026, central air approximately two years old, and newer windows throughout the home. The well lit basement offers a clean slate with plenty of potential to finish it off for additional living space, create a home gym or workshop, or simply take advantage of the extra storage. Other highlights include 200 amp electrical service and a water softener. Step outside to enjoy the fenced in yard, offering a great space for pets, play, or entertaining. Raised garden beds are already in place and ready for your flowers, vegetables, or summer garden. The stove, refrigerator, washer, and dryer all stay, making this home ready for its next owner. With several major updates already completed, great outdoor space, and a convenient location near Sunset Golf Course, this Mount Morris home is ready for you to make it your own!

Active

  • Price
  • $ 167,500
  • City
  • Mount Morris
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • OGLE
  • Half Bathrooms
  • 0
  • Area
  • Mount Morris
  • Lot Size
  • 0.21 Acres
  • Zip
  • 61054
  • Sqr Footage
  • 1,290
  • Year Built
  • 1960
  • Taxes
  • $ 4449
  • Style
  • Ranch
  • MLS#
  • 12684912
Listed By: Re/Max of Rock Valley
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 1290
Sewer Public Sewer
Heating Natural Gas,Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Garage Spaces 1
Association Fee Includes None
Architectural Style Ranch
Construction Materials Aluminum Siding,Vinyl Siding
Year Built 1960
Township Mt. Morris
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Ogle
New Construction No
Property Type Residential
Total Rooms 6
Full Baths 1
Status Active
Directions West 1st Street between Hannah Ave and Maple
City Mount Morris
High School District 220
MLS Area Mount Morris
Tax Annual Amount 4449
Standard Status Active
Middle/Junior School District 220
Elementary School District 220
Property Type Detached Single

Interior Features

Basement Unfinished,Full
Total Bedrooms 3
Room Type No additional rooms
LivingAreaSource Assessor
Total Baths 1
Bedrooms Possible 3

Exterior Features

Parking Features Yes,Garage Owned,Attached,Garage
Water Source Public
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions 67x141.2
Lot Size Acres 0.21
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Park Ridge, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/2/2026 Listed $167,500

Property vs Zip Code Average in 61054

Price
AVG $200K
$170K
Taxes
AVG $3,950
$4,449
Year Built
AVG 1948
1960
Visits
AVG 10
2
Data Provided by Inside Real Estate®

Areas That We Cover

507 W 1st Street Mount Morris, IL is a Single Family Home for sale at $167500 with 1290 sqft and a lot size of 0.21 Acres Acre(s). 507 W 1st Street Mount Morris has 3 bedrooms, 1 baths and was built in 1960. The property's zip code is 61054 which is in Mount Morris, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.