Dual-Tenant Retail
For Sale
Contact for pricing
Pending
2124 E MORTON AVE, Jacksonville, IL 62650
Retail building built in 2023 with dual-tenant setup offered as a business and building package deal.
Property Size2,000 SF
Lot Size1.51 Acres
Days on Market66
Property Features for 2124 E MORTON AVE
General Information
Standard status
Pending
Size
2,000 SF
Class
B
Lot size
1.51 Acres
Property subtype
Retail, Land, Business for Sale
Zoning
Commercial, Retail, County
Occupancy
100%
Lease Type
Gross
Net Operating Income
$147,595
Financials
Cap Rate
15%
Business Included
Yes
Building Details
Year Built
2023
Buildings
1
Units
2
Listing Agency:
KW Commercial / Sims Commercial Real Estate Inc.
Listed By:
Michael Sims · License #471008215
(615) 961-4040
Source:
Crexi
Added: Jul 4
Changed: Sep 6
Last Checked: Sep 7 at 8:49AM
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 KW Commercial / Sims Commercial Real Estate Inc.
Investment Insights
Based on property information with market context.
This listing presents a business and building package deal featuring a dual-tenant retail building built in 2023. The property is offered for sale as part of a package with the business, as noted in the public remarks.
The building is located at 2124 E Morton Ave in Jacksonville, IL 62650. The offering also includes land totaling 1.509 acres, and the public remarks cite a 15% cap rate and “instant cash flow.”
For interested parties, this is a two-tenant configuration within a newer retail structure, paired with included land, and positioned as a combined business-and-real-estate opportunity.
The building is located at 2124 E Morton Ave in Jacksonville, IL 62650. The offering also includes land totaling 1.509 acres, and the public remarks cite a 15% cap rate and “instant cash flow.”
For interested parties, this is a two-tenant configuration within a newer retail structure, paired with included land, and positioned as a combined business-and-real-estate opportunity.
Key Highlights
- Retail building built in 2023 with a dual‑tenant setup
- 1.509‑acre lot
- Offered as a business and building package deal
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Explore this area
Business Placement
Demographics for 62650, IL
24,891
Population
11,213
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
89%
High-School Grad
197.8 sq mi
ZIP Area
126
Density / Sq Mi
$64,137
Median Household Income
$40,101
Median Earnings
$705
Median Rent
$142,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building built in 2023 with dual-tenant setup offered as a business and building package deal.
Where is this retail space located?
The property is located at 2124 E MORTON AVE Jacksonville, IL.
What is the asking price?
The asking price for this property is $984,000.
What are key features of this property?
This property features: Retail building built in 2023 with a dual‑tenant setup; 1.509‑acre lot; Offered as a business and building package deal
