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Morton Land Development Opportunity
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W Lakeland Rd, Morton, IL 61550

Prime land for build-to-suit development in Morton, Illinois.

Property SizeContact for details
Days on Market1509

Property Features for W Lakeland Rd

General Information

Standard status Active
Property subtype Land
Zoning C2
Listing Agency: Joseph & Camper Commercial
Listed By: Steven Reeves · License #475.190510
Source: Crexi
Added: Jul 20, 2022 Changed: Aug 27 Last Checked: Aug 29 at 10:56PM

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 property presents a development opportunity in Morton, Illinois. Zoned as Commercial Farmland, the site offers a possible rezoning opportunity contingent upon municipal approvals. Traffic counts indicate 14,800 cars per day on Morton Avenue, 4,550 cars per day on Courtland, and 4,950 cars per day on Veterans Road. The location offers land appreciation potential.

Key Highlights

  • Prime Development Opportunity in desirable Morton
  • Build‑to‑Suit potential
  • Zoned Commercial Farmland with rezoning possibilities (subject to Municipal approvals)

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

175
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime land for build-to-suit development in Morton, Illinois.
Where is this commercial land located?
The property is located at W Lakeland Rd Morton, IL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Prime Development Opportunity in desirable Morton; Build‑to‑Suit potential; Zoned Commercial Farmland with rezoning possibilities (subject to Municipal approvals)
More about this property
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