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    101 Market St Morrison, IL 61270

    Sponsored
    For Sale
    $99,900

    Two-building commercial property, prime location.

    Property size:
    5,615 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 101 W Market Street in Morrison, Illinois, presents a unique investment opportunity. The property encompasses two buildings situated on three parcels of land. The main building, situated on the corner of Market and Genesee Streets, served previously as a storefront, showroom, and office. This building features a substantial 6x6 safe, central air conditioning, and heating. The attached building, facing Market Street, is currently used for storage and lacks heating. The total square footage of both buildings is 5,615 square feet. The roof of the main storefront building is approximately 4-5 years old. The property sits on a lot with no acreage listed. The sale price of $99,900 does not include the contents of either building. This property offers significant potential for a variety of commercial uses, given its size, location, and existing infrastructure. The property's prime location on Market Street provides excellent visibility and accessibility. Please note that a separate pole building located south of these buildings is not included in this sale. This is an excellent opportunity for an investor or business owner seeking a versatile commercial space in a desirable location. Serious inquiries only.

    Property Features for 101 Market St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,615 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Morrison
    County
    Whiteside
    State
    Illinois
    Longitude
    -89.96724
    Latitude
    41.80892

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      0.70 Acres

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    Nearby Similar for Sale

    • $1,427,000
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      McDonald's Dual Tenant Retail Building

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      Morrison Commercial Gem: Prime Location

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    FAQs

    What type of property is this?
    Commercial real estate - Two-building commercial property, prime location.
    Where is this commercial real estate located?
    The property is located at 101 Market St Morrison, IL.
    What is the asking price?
    The asking price for this property is $99,900.
    (815) 772-2728
    Request Owner's contact information
    101 Market St Morrison, IL 61270
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    Morrison, IL 61270
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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
    101 Market St Morrison, IL 61270
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