Property profile

649 W Lincolnway Rd Morrison, IL 61270

OFF-MARKET
Flex space
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Property summary

AI-generated overview

Commercial possibilities with perfect location! New screwless roof, 64 new purlins, 9.5" of installation and 2 new/newer doors 14' tall and 18' wide with drive thru. The front building offers 8640 square feet, with office, parts room and the 80' x 100' heated shop area has a "drive thru" lane. Two doors are 14'x18' and 3 doors are 14' tall x 12' wide. There are newer LED ceiling lights and the walls have been redone and insulated. Three phase transformer included. Security camera system stays. Building has 1 full bath (shower has not been used - not guaranteed) and 1 half bath. Additional butler building 54x140x16 tall (7,000 sq ft) with 3 sides. Perfect for storing semi trucks, RVs and more. City water and sewer. Traffic count per IDOT 8500 per day. Located in Whiteside Carroll Enterprise Zone (WCEZ). Parcel will be split prior to closing. See photo for split. Price includes front building and one building that is 54x140. Price excludes back lot and back building. Seller may be willing to sell whole parcel plus the additional building toward back. Seller financing/installment contract option.

Property profile

Verified
Property type Flex space

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

649 W Lincolnway Rd Morrison, IL 61270
Morrison metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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