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    700 W Jefferson St Morton, IL 61550

    Sponsored
    For Sale
    $185,000

    COMMERCIAL - Morton, IL

    Lot size:
    0.36 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 10 at 10:06 am

    Property Features for 700 W Jefferson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMERCIAL
    APN
    06-06-17-407-010
    Lot size
    0.36 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Flooring type
    Carpet, Wood, Tile
    Building materials
    Brick, Vinyl Siding, Frame
    Roof type
    Composition, Flat

    Adam Merrick Real Estate (309) 273-1808 [email protected]

    Listing agent Adam J Merrick

    Listing date Jan 8, 2026

    Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Morton, IL Mixed-Use Investment

    Located in a high-visibility corridor, the property at 700 W Jefferson Street in Morton, Illinois, presents a mixed-use investment opportunity. The property features a fully equipped dental office suite on the main floor, complete with a professional reception area and multiple exam rooms, making it a turn-key solution for medical or professional practitioners. The second level houses a furnished apartment, providing a "live-work" setup or an immediate source of rental income through a long-term or short-term lease. The property has on-site parking and signage potential on a high-traffic thoroughfare. The lot size is 0.36 acres. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morton
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.468329
    Latitude
    40.616128

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    FAQs

    What type of property is this?
    Mixed-use property - High-visibility mixed-use property with dental office and furnished apartment.
    Where is this mixed-use property located?
    The property is located at 700 W Jefferson St Morton, IL.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Premier mixed-use property in a high-visibility location on W Jefferson Street in Morton, Illinois.; - **Fully equipped, turn-key dental office suite on the main floor with reception area and multiple exam rooms.**; - **Stunning, fully furnished apartment on the second level for 'live-work' setup or rental income.**
    (309) 678-3734
    Request Owner's contact information
    700 W Jefferson St Morton, IL 61550
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    Morton, IL 61550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 W Jefferson St Morton, IL 61550
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