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    126 Lincolnway Morrison, IL 61270

    Sponsored
    For Sale
    $99,900

    Versatile mixed-use building, ideal event space.

    Property size:
    3,278 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at 126 E Lincolnway Road in Morrison, Illinois, presents a unique investment opportunity. Boasting 3,278 square feet across two stories, this vacant building sits on a 7,500 square foot lot and offers six parking spaces. Previously utilized as a church and exercise center, its adaptable layout and ample space make it perfect for a variety of commercial ventures. The property benefits from high visibility at the northwest corner of US Route 30 and Illinois Route 78, ensuring excellent exposure. While the roof requires replacement, the asking price of $99,900 reflects this need. Recent updates include new windows, and all levels, including a walk-out basement, are usable. The property is zoned C1-Commercial, providing flexibility for various business types. This is a chance to acquire a substantial building with significant potential in a desirable location. The property's history as a church and fitness center suggests a wide range of possible uses, from event spaces to retail or office spaces. The large lot size and ample parking further enhance its appeal. Serious inquiries are encouraged.

    Property Features for 126 Lincolnway

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    3,278 SF

    Building Details

    Stories
    2

    HighLights

    • Exceptional mixed‑use building, 3,278 sq ft, on a 7,500 sq ft lot in Morrison, IL.
    • Vacant, two‑story building with six parking spaces.
    • High‑visibility corner location at US Route 30 & IL Route 78.
    • $99,900 asking price reflects needed roof replacement; new windows installed.
    • C1 Commercial zoning; adaptable layout with walk‑out basement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morrison
    County
    Whiteside
    State
    Illinois
    Longitude
    -89.965235504374
    Latitude
    41.809424101352

    Nearby Comparable

    • $99,900
      3,278 SF

      900 reflects that the roof will need to be replaced.""""}"""

      Morrison Mixed-Use Commercial Building
      126 Lincolnway Rd, Morrison, IL 61270
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      Morrison Commercial Property - Huge Potential

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      Morrison Main Street Mixed-Use

      Prime location, updated interior, investment opportunity.
      125 Main St, Morrison, IL 61270
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    • $1,427,000
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      McDonald's Dual Tenant Retail Building

      Retail building with McDonald's and Liquor Land tenants for sale.
      606 E Lincolnway, Morrison, IL 61270
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    • $800,000
      15,640 SF

      Morrison Industrial Property

      Two-building industrial complex, prime location.
      649 Lincolnway, Morrison, IL 61270
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    • Contact for pricing
      0.70 Acres

      Morrison, IL Land - 0.7 Acres

      Build Your Dream Home in Desirable Morrison, IL
      18 Masters Dr, Morrison, IL 61270
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      0.80 Acres

      Morrison, IL Land - Build Your Dream Home

      0.8-acre lot in desirable Cross Creek Estates
      19 Masters Dr, Morrison, IL 61270
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      0.70 Acres

      Morrison Land - Build Your Dream Home

      0.7-acre lot in desirable subdivision.
      21 Masters Dr, Morrison, IL 61270
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      0.60 Acres

      Morrison, IL Land - $15K

      Build Your Dream Home in Established Subdivision
      17 Masters Dr, Morrison, IL 61270
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    • Contact for pricing
      0.80 Acres

      Morrison Land - Build Your Dream Home

      0.8-acre lot in desirable subdivision.
      20 Masters Dr, Morrison, IL 61270
      View Details

    Nearby Similar for Sale

    • $1,427,000
      4,728 SF

      McDonald's Dual Tenant Retail Building

      Retail building with McDonald's and Liquor Land tenants for sale.
      606 E Lincolnway, Morrison, IL 61270
      View Details
    • $99,900
      3,278 SF

      900 reflects that the roof will need to be replaced.""""}"""

      Morrison Mixed-Use Commercial Building
      126 Lincolnway Rd, Morrison, IL 61270
      View Details
    • $49,900
      2,080 SF

      Morrison Main Street Mixed-Use

      Prime location, updated interior, investment opportunity.
      125 Main St, Morrison, IL 61270
      View Details
    • $99,900
      5,615 SF

      Morrison Commercial Property - Huge Potential

      Two-building commercial property, prime location.
      101 Market St, Morrison, IL 61270
      View Details
    • $800,000
      15,640 SF

      Morrison Industrial Property

      Two-building industrial complex, prime location.
      649 Lincolnway, Morrison, IL 61270
      View Details

    FAQs

    What type of property is this?
    Church & religious facility - Versatile mixed-use building, ideal event space.
    Where is this church & religious facility located?
    The property is located at 126 Lincolnway Morrison, IL.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: Exceptional mixed-use building, 3,278 sq ft, on a 7,500 sq ft lot in Morrison, IL.; Vacant, two-story building with six parking spaces.; High-visibility corner location at US Route 30 & IL Route 78.
    Request Owner's contact information
    126 Lincolnway Morrison, IL 61270
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    Morrison, IL 61270
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126 Lincolnway Morrison, IL 61270
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