Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1801 Morton Ave Jacksonville, IL 62650

    Sponsored
    For Sale
    $395,000

    Prime QSR/Fast Food Location, High Traffic

    Property size:
    1,226 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail property, located at 1801 W Morton Ave in Jacksonville, Illinois, presents a unique investment opportunity. The 1,226 square foot building, constructed in 1985, sits on a sizable 30,000 square foot lot and is zoned B-4. Its former use as a bank drive-thru facility makes it ideally suited for a quick-service restaurant or similar storefront operation. The property boasts a high-exposure location at a signalized intersection with significant traffic counts, providing excellent visibility and accessibility. Its strategic location along Jacksonville's major north-south connector, Westgate Avenue, places it en route to a Walmart Supercenter and a rapidly developing area, ensuring consistent customer traffic. The single-tenant building offers a net lease (NN+) structure with a franchisee tenant credit, minimizing management responsibilities. The asking price is $395,000. This property is surrounded by thriving businesses, making it a compelling investment in a dynamic commercial area. The property's APN is 08-25-200-007. This is a rare opportunity to acquire a well-positioned retail space in a high-growth area of Jacksonville.

    Property Features for 1801 Morton Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,226 SF

    Building Details

    Year Built
    1985
    Stories
    1

    HighLights

    • $395,000 asking price for a 1,226 sq ft retail property.
    • NN+ lease type with a franchisee tenant.
    • Single‑tenant occupancy in a 1,226 sq ft building.
    • 1985 construction, one‑story building on a 30,000 sq ft lot.
    • B‑4 zoning in Jacksonville, IL (APN: 08‑25‑200‑007).
    • High‑exposure location at a signalized intersection with high traffic counts, near Walmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    U.S. Bank ATM Atm U.S. Bank Bank

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Morgan
    State
    Illinois
    Longitude
    -90.262284709025
    Latitude
    39.722884577703

    Nearby Similar for Sale

    • New
      $500,000
      4.22 Acres

      Unique Mixed-Use Property, Jacksonville, IL

      Versatile property with residential and commercial zoning, endless possibilities.
      352 Franklin St, Jacksonville, IL 62650
      View Details
    • $74,000

      Professional Office Space Available

      Professional office space with basement storage in Jacksonville, Illinois.
      1614 W Lafayette Ave, Jacksonville, IL 62650
      View Details
    • $400,000
      Pending

      Established Church with Multifaceted Spaces

      Unique church with sanctuary, classrooms, offices, kitchen, and shelter.
      400 W Morgan St, Jacksonville, IL 62650
      View Details
    • $400,000
      Pending

      Established Church in Jacksonville, IL

      Well-known church with sanctuary, classrooms, kitchen, and parking.
      400 W Morgan St, Jacksonville, IL 62650
      View Details
    • $375,000
      1.94 Acres

      Spacious Commercial Building on Large Lot

      8,000 sq ft building on 1.94 acres for sale.
      3001 W Lafayette Ave, Jacksonville, IL 62650
      View Details
    • $92,500

      Jacksonville Multifamily Investment Opportunity

      Multifamily property in Jacksonville, Illinois, ideal for investment.
      401 S East St, Jacksonville, IL 62650
      View Details
    • New
      Contact for pricing

      Duplex in Jacksonville, Illinois

      Duplex needing TLC, potential cash flow, separate meters.
      507 S Prairie St, Jacksonville, IL 62650
      View Details
    • New
      $500,000
      4.22 Acres

      Unique Mixed-Use Property, Jacksonville, IL

      Versatile property with residential and commercial zoning, endless possibilities.
      352 Franklin St, Jacksonville, IL 62650
      View Details
    • $109,900
      3,288 SF

      Jacksonville Commercial Building - Diamond St.

      Prime retail space, large basement, apartment included.
      600 Diamond St, Jacksonville, IL 62650
      View Details
    • $1,300,000
      20,729 SF

      Prime Jacksonville Office Park

      Four-building office complex, 20,729 SF
      1608 Lafayette St, Jacksonville, IL 62650
      View Details
    • $69,900
      1,710 SF

      Downtown Jacksonville Commercial Building

      Prime location, 1710 sq ft, income-producing apartment.
      328 State St, Jacksonville, IL 62650
      View Details
    • $74,000
      1,005 SF

      Jacksonville Commercial Office Condo

      Prime Office Space, 1005 sq ft, $74,000
      1614 Lafayette Ave, Jacksonville, IL 62650
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime QSR/Fast Food Location, High Traffic
    Where is this individual retail property located?
    The property is located at 1801 Morton Ave Jacksonville, IL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: $395,000 asking price for a 1,226 sq ft retail property.; NN+ lease type with a franchisee tenant.; Single-tenant occupancy in a 1,226 sq ft building.
    Request Owner's contact information
    1801 Morton Ave Jacksonville, IL 62650
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1801 Morton Ave
    Jacksonville, IL 62650
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1801 Morton Ave Jacksonville, IL 62650
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.