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    866 Birchwood St Morton, IL 61550

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    For Sale
    Contact for pricing

    Prime Morton, IL industrial development lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.96-acre industrial development site is perfectly situated in Morton, Illinois, at 866 W Birchwood St, 61550. Zoned I2, this property offers immediate access to municipal utilities, making it an ideal location for various industrial projects. The two-parcel lot provides ample space for construction and development, eliminating the need for extensive site preparation. Its convenient location within Tazewell County ensures easy access to transportation networks and a skilled workforce. The property's flat topography simplifies construction planning and reduces potential development challenges. This ready-to-develop land presents a unique opportunity for businesses seeking a strategic location in a thriving industrial area. The address is easily accessible from major roadways, offering excellent connectivity for logistics and transportation needs. The existing infrastructure, including readily available municipal utilities, significantly reduces the upfront costs and time associated with new construction. This makes it an attractive investment for developers and businesses looking for a cost-effective and efficient development solution. The property's size and zoning make it suitable for a wide range of industrial uses, offering flexibility for various development plans. This prime location in Morton, Illinois, offers a compelling opportunity for significant return on investment.

    Property Features for 866 Birchwood St

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 1.96‑acre industrial development site in Morton, IL (61550) at 866 W Birchwood St.
    • I2 zoning with readily available municipal utilities.
    • Two‑parcel lot, minimizing site preparation needs.
    • Excellent access to transportation networks and workforce in Tazewell County.
    • Flat topography simplifies construction.
    • Prime location with easy access to major roadways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Morton
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.4866785
    Latitude
    40.6045174

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    FAQs

    What type of property is this?
    Land - Prime Morton, IL industrial development lot.
    Where is this land located?
    The property is located at 866 Birchwood St Morton, IL.
    What are key features of this property?
    This property features: 1.96-acre industrial development site in Morton, IL (61550) at 866 W Birchwood St.; I2 zoning with readily available municipal utilities.; Two-parcel lot, minimizing site preparation needs.
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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
    866 Birchwood St Morton, IL 61550
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