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    Forensic Lab Net Lease Opportunity Title is generated by Realmo AI

    1810 S Main St, Morton, IL 61550

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    13,200 SF building leased to Illinois State Police.

    Type:Office
    Property size:
    13,200 SF
    Price / SF:
    $193/SF
    Added:
    Dec 4, 2024
    Days on Market:
    579
    Last Refresh:
    Jun 25 at 5:29 pm

    Property Features for 1810 S Main St

    General Information

    Standard status
    Active
    Size
    13,200 SF
    Property subtype
    Office

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    Douglas C. Altenberger
    Douglas C. Altenberger

    Listing office NAI Hiffman

    Listing date Dec 4, 2024

    Source Crexi

    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 NAI Hiffman

    HighLights

    • Stable, long‑term net lease investment with the Illinois State Police Department as tenant.
    • Ten (10) year lease renewal with escalations provides increasing income.
    • Free standing 13,200 SF building offers complete control and no shared responsibilities.
    • Tenant has occupied the building for 45 years, demonstrating a strong and reliable tenancy.
    • Recent improvements including new HVAC, parking lot, and office renovations minimize near‑term capital expenditures.
    • Located near Peoria, IL, providing accessibility and potential regional economic benefits.

    Overview

    This is a net lease investment opportunity featuring a 13,200 square foot free-standing building. The property is located near Peoria, Illinois. The Illinois State Police Department has occupied this building for the last 45 years, utilizing it as a forensic lab. Recent improvements to the property include a new HVAC system, parking lot upgrades, and office renovations. The lease was recently renewed for a term of ten years and includes escalations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Big Box & Wholesale Store Building Supply Hair Salon Hotel & Motel Pharmacy Food Market Grocery & Convenience Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Morton
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.474365
    Latitude
    40.591598

    FAQs

    What type of property is this?
    Office building - 13,200 SF building leased to Illinois State Police.
    Where is this office building located?
    The property is located at 1810 S Main St Morton, IL.
    What is the asking price?
    The asking price for this property is $2,550,000.
    What are key features of this property?
    This property features: Stable, long‑term net lease investment with the Illinois State Police Department as tenant.; Ten (10) year lease renewal with escalations provides increasing income.; Free standing **13,200 SF building offers complete control** and no shared responsibilities.
    More about this property
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