B3 Commercial Land Near
For Sale
$299,900
121 W Ashland Street, Morton, IL 61550
B3-zoned parcel near an interstate exit and established commercial businesses.
Property SizeContact for details
Days on Market291
Property Features for 121 W Ashland Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
B3
Taxes and HOA fees
Annual Taxes
$5,220
Listing Agency:
Sunflower Real Estate Group, LLC
(309) 251-7193
Listed By:
Courtni Bean · License #475169483
(309) 251-7193
Source:
Craggsrealtors
Added: Oct 23, 2025
Changed: Aug 5
Last Checked: Aug 9 at 1:50PM
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 1-acre commercial land parcel at 121 W Ashland Street in Morton, Illinois, carries B3 zoning for general commercial use. The site is positioned beside Lakewood Park and its pond, adding a recreational setting to the property’s commercial context.
Access to the area includes proximity to the I-74 interstate exit into town. Nearby commercial businesses include Dunkin’, Enterprise Truck Rental, Best Western/Morton Inn, Taco Bell, and Circle K. The property is identified as a high-traffic retail area and offers a land-based setting for future commercial development.
Access to the area includes proximity to the I-74 interstate exit into town. Nearby commercial businesses include Dunkin’, Enterprise Truck Rental, Best Western/Morton Inn, Taco Bell, and Circle K. The property is identified as a high-traffic retail area and offers a land-based setting for future commercial development.
Key Highlights
- 1‑acre commercial land parcel
- B3 zoning for general commercial use
- Adjacent to Lakewood Park and pond
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
472
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 - B3-zoned parcel near an interstate exit 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; B3 zoning for general commercial use; Adjacent to Lakewood Park and pond
