Light Industrial Development
For Sale
Contact for pricing
520 East Highland Street, Morton, IL 61550
I-1-zoned property accommodates warehouse, distribution, office, and flex/light industrial development.
Property SizeContact for details
Days on Market10
Property Features for 520 East Highland Street
General Information
Standard status
Active
Property subtype
Vacant Land
Zoning
I-1 (light industrial)
Amenities
2.38-acre development site in Morton Commerce Park
Zoned I-1 (light industrial)
~465 feet of frontage on N Main and ~225 feet on Highland Street
Available for sale, ground lease, or build to suit
Ideal site for warehouse, distribution, office or other flex/light industrial uses
Located in the Southern Tazewell Enterprise Zone with developer benefits and incentives
Conveniently located near I-74/I-55 interchange
~47,875 VPD on Interstate 74
Surrounded by established industrial and commercial neighbors including FedEx Ground, Parker Fabrication, Morton Industries, Walmart Supercenter, and Blain's Farm & Fleet
Near Caterpillar's largest parts facility (over 2 million square feet) and Precision Planting's ~500,000 square foot manufacturing and distribution center
Listing Agency:
RE/MAX
Listed By:
Michael Kolbus · License #475213462
(309) 258-7746
Source:
Remaxcommercial
Added: Sep 15
Changed: Sep 16
Last Checked: Sep 24 at 6:35AM
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 RE/MAX
Investment Insights
Based on property information with market context.
This 2.38-acre development site at 520 East Highland Street is located in Morton Commerce Park and carries I-1 (light industrial) zoning. The parcel occupies the corner of N Main and Highland Street, with approximately 465 feet of frontage on N Main and 225 feet on Highland Street. Sale, ground lease, and build-to-suit arrangements are available.
The property is positioned near the I-74/I-55 interchange, where Interstate 74 carries approximately 47,875 VPD. It is part of the Southern Tazewell Enterprise Zone, which provides developer benefits and incentives. Nearby industrial and commercial users include FedEx Ground, Parker Fabrication, Morton Industries, Walmart Supercenter, and Blain's Farm & Fleet. Caterpillar's largest parts facility and Precision Planting's manufacturing and distribution center are located south of I-74.
The property is positioned near the I-74/I-55 interchange, where Interstate 74 carries approximately 47,875 VPD. It is part of the Southern Tazewell Enterprise Zone, which provides developer benefits and incentives. Nearby industrial and commercial users include FedEx Ground, Parker Fabrication, Morton Industries, Walmart Supercenter, and Blain's Farm & Fleet. Caterpillar's largest parts facility and Precision Planting's manufacturing and distribution center are located south of I-74.
Key Highlights
- 2.38‑acre development site in Morton Commerce Park
- I‑1 (light industrial) zoning
- Approximately 465 feet of frontage on N Main and 225 feet on Highland Street
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
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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
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Industrial land - I-1-zoned property accommodates warehouse, distribution, office, and flex/light industrial development.
Where is this industrial land located?
The property is located at 520 East Highland Street Morton, IL.
What are key features of this property?
This property features: 2.38‑acre development site in Morton Commerce Park; I‑1 (light industrial) zoning; Approximately 465 feet of frontage on N Main and 225 feet on Highland Street
