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Commercial Development Land
For Sale
$299,000

1505 Morgan Avenue, Marion, IL 62959

2.36-acre commercial land parcel on Morgan Avenue with easy Interstate 57 access and located in a TIF district.

Property SizeContact for details
Lot Size2.36 Acres
Days on Market297

Property Features for 1505 Morgan Avenue

General Information

Standard status Active
Lot size 2.36 Acres
Property subtype Land / Land

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $1,693
Listing Agency: C21 HOUSE OF REALTY, INC.
Listed By: Dave Thompson · License #471005854
Source: Compass
Added: Oct 19, 2025 Changed: Aug 10 Last Checked: Aug 10 at 10:09AM

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 C21 HOUSE OF REALTY, INC.

Investment Insights

Based on property information with market context.

This offering is a 2.36-acre commercial land parcel suited for either expansion of an existing operation or a new development. The property is presented for sale as raw land, providing flexibility for a range of site plans within the bounds of applicable regulations.

The parcel is located on Morgan Avenue and includes easy access to Interstate 57. The property is also described as being located in a TIF District.

Because no building improvements are noted in the provided information, value centers on the size, commercial positioning, and access characteristics outlined above.

Key Highlights

  • 2.36‑acre commercial land parcel on Morgan Avenue
  • Easy access to Interstate 57
  • Located in a TIF district

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Electrical Service Grocery & Convenience Store Parking Lot & Garage Plumbing Service Bakery

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 62959, IL

27,629
Population
12,997
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
92%
High-School Grad
143.0 sq mi
ZIP Area
193
Density / Sq Mi
$69,914
Median Household Income
$44,145
Median Earnings
$895
Median Rent
$166,200
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 - 2.36-acre commercial land parcel on Morgan Avenue with easy Interstate 57 access and located in a TIF district.
Where is this commercial land located?
The property is located at 1505 Morgan Avenue Marion, IL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2.36‑acre commercial land parcel on Morgan Avenue; Easy access to Interstate 57; Located in a TIF district
More about this property
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