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Commercial Land Near Lakewood Park
For Sale
$299,900

121 W ASHLAND Street, Morton, IL 61550

COMMERCIAL - Morton, IL

Property SizeContact for details
Lot Size1.00 Acre
Days on Market300

Property Features for 121 W ASHLAND Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B3
Lot features Level
Directions Morton Ave to Ashland
Standard status Active
APN 06-06-17-203-002
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2024
Tax Description SEC 17 T25N R3W JEFF GREEN MEMORIAL SUB LOT 2 NE 1/4 2.45 AC
Tax Annual Amount 5220
Legal Description SEC 17 T25N R3W JEFF GREEN MEMORIAL SUB LOT 2 NE 1/4 2.45 AC

Utilities

Sewer type Public Sewer
Listing Agency: Sunflower Real Estate Group, LLC
Listed By: Courtni Bean · License #475169483
Added: Oct 23, 2025 Changed: Aug 4 Last Checked: Aug 18 at 5:06AM
MLS# PA1261833

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.

Investment Insights

Based on property information with market context.

This 1-acre commercial land parcel is located at 121 W Ashland Street in Morton, Illinois. The property is zoned B-3 (General Commercial) and has public sewer service, providing key site information for commercial development planning.

The parcel is adjacent to Lakewood Park and its pond, with access to the I-74 interstate exit into town nearby. Surrounding commercial businesses include Dunkin', Enterprise Truck Rental, Best Western/Morton Inn, Taco Bell, and Circle K. The combination of commercial zoning, sewer service, park adjacency, and proximity to established businesses defines the site's current development context.

Key Highlights

  • 1‑acre commercial land parcel
  • B‑3 (General Commercial) zoning
  • Public sewer service

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby

Demographics for 61550, IL

18,488
Population
8,053
Households
2.3
Avg Household Size
42
Median Age
40%
College-Educated
97%
High-School Grad
41.2 sq mi
ZIP Area
449
Density / Sq Mi
$92,269
Median Household Income
$48,692
Median Earnings
$1,001
Median Rent
$247,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - B3-zoned commercial parcel with public sewer near Lakewood Park and established commercial businesses.
Where is this commercial land located?
The property is located at 121 W ASHLAND Street Morton, IL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1‑acre commercial land parcel; B‑3 (General Commercial) zoning; Public sewer service
More about this property
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