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Two-Tenant Office Building
For Sale
$274,900

135 South First Avenue, Morton, IL 61550

The building includes multiple plumbed offices and an attached parking lot.

Property Size2,490 SF
Days on Market193

Property Features for 135 South First Avenue

General Information

Standard status Active
Size 2,490 SF
Class B
Property subtype Multi Tenant Office

Building Details

Building Size 2,490 SF

Properties For Sale

at 135 South First Avenue Contact us

135 S First Ave

Size
2,490 SF
Lease Type
Gross
Contact us
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 11:02AM

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 Joseph & Camper Commercial

Investment Insights

Based on property information with market context.

This 2,490-square-foot office building occupies a 0.24-acre site and is configured for two tenants. One suite is leased on a short-term basis to the Morton Community Foundation. The other suite measures approximately 1,250 square feet and is available for lease, with three offices featuring plumbing connections, an additional former X-ray room, and one restroom. The property also includes an attached parking lot with approximately 17 spaces, along with additional street parking. Located at 135 South First Avenue in Morton, Illinois, the building can be leased or sold individually, or considered with the adjacent building under a mutually agreeable shared parking arrangement.

Key Highlights

  • 2,490 SF office building on 0.24 acres
  • Two‑tenant configuration with one short‑term occupant
  • Unit 2 contains approximately 1,250 SF and is available for lease

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage Pharmacy (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.

Location Intelligence

Trade Area within ½ mile

666
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - The building includes multiple plumbed offices and an attached parking lot.
Where is this office building located?
The property is located at 135 South First Avenue Morton, IL.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: 2,490 SF office building on 0.24 acres; Two‑tenant configuration with one short‑term occupant; Unit 2 contains approximately 1,250 SF and is available for lease
More about this property
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