B-3 Zoned Waterfront Development
For Lease
$299,900
121 W Ashland Street, Morton, IL 61550
General commercial B-3 parcel adjacent to Lakewood Park/Pond, positioned for development in a high-traffic retail area.
Space SizeContact for details
Lot Size1.00 Acre
Days on Market48
Property Features for 121 W Ashland Street
General Information
Standard status
Active
Lot size
1.00 Acre
Property subtype
Commercial
Zoning
B-3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,220
Listing Agency:
Sunflower Real Estate Group, LLC
Listed By:
Courtni Bean (courtnibeanrealty27@gmail.com)
Source:
Curveyrealestate
Added: Jul 20
Changed: Aug 25
Last Checked: Sep 5 at 8:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sunflower Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This for-rent commercial land parcel offers development-ready space on a 1-acre site. The property is zoned B-3 (General Commercial) and is described as a high-profile retail area.
The parcel is adjacent to Lakewood Park/Pond and is marketed with high-traffic count visibility. It is also described as close to an I-74 interstate exit into town. Nearby commercial businesses mentioned include Dunkin', Enterprise Truck Rental, Best Western/Morton Inn, Taco Bell, and Circle K.
The property is presented as an outstanding retail location in Morton, IL and is ready for development per the provided remarks.
The parcel is adjacent to Lakewood Park/Pond and is marketed with high-traffic count visibility. It is also described as close to an I-74 interstate exit into town. Nearby commercial businesses mentioned include Dunkin', Enterprise Truck Rental, Best Western/Morton Inn, Taco Bell, and Circle K.
The property is presented as an outstanding retail location in Morton, IL and is ready for development per the provided remarks.
Key Highlights
- 1‑acre parcel zoned B‑3 (general commercial)
- Located in a high‑traffic retail area
- Adjacent to Lakewood Park/Pond
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - General commercial B-3 parcel adjacent to Lakewood Park/Pond, positioned for development in a high-traffic retail area.
Where is this commercial land located?
The property is located at 121 W Ashland Street Morton, IL.
What is the lease rate?
The lease rate is $299,900.
What are key features of this property?
This property features: 1‑acre parcel zoned B‑3 (general commercial); Located in a high‑traffic retail area; Adjacent to Lakewood Park/Pond
