Waterfront

Morton, IL Waterfront Land for Sale

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Pekin, IL East Peoria, IL Groveland, IL Washington, IL Peoria, IL Tremont, IL Deer Creek, IL Creve Coeur, IL
Commercial Land Near Lakewood Park
Updated: Oct 23, 2025
Commercial Land Near Lakewood Park

121 W ASHLAND Street, Morton, IL 61550

$299,900
1.00 AC lot
1‑acre commercial land parcel
B3 zoning for general commercial use
Public sewer service
Adjacent to Lakewood Park and pond
Near the I‑74 interstate exit into Morton
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Morton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lakefront Residential Land Parcel
Lakefront Residential Land Parcel

COUNTRY VIEW Drive, Peoria, IL 61604

$125,000
4.95 AC lot

Residential lakefront parcel offers nearly five acres of wooded land suitable for building a private custom home.

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Vacant Land
Vacant Land

Lot 1 Grandview Court, Pekin, IL 61554

$40,000

Residential land & home lots

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Vacant Land
Vacant Land

Lot 37 Grandview Court, Pekin, IL 61554

$40,000

Residential land & home lots

View details
Land / Acres
Land / Acres

3820 West Coal Street, Peoria, IL 61604

$89,900

Residential land & home lots

View details

Morton, IL Waterfront Land Market Trends and Statistics

Explore 1 waterfront land for sale in Morton, IL on our real estate platform. These investment opportunities span a total of 43,560 square feet of properties for sale, with an estimated market value of $299,900.

Sale prices for water rights properties in Morton, IL average $299,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 5
Residential land & home lots 4
Industrial land 1
Waterfront Land 1

Demographics Overview

Population 19K
Population Growth (5Y) +5.1%
Median Household Income $92,269
College Educated 53.2%

High-Yield Neighborhoods for Investment

Identify Morton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61550 $299.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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