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    Morton, IL
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    Morton, IL Waterfront Land for Sale

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    East Peoria, IL Pekin, IL Groveland, IL Washington, IL Peoria, IL Tremont, IL Creve Coeur, IL Spring Bay, 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
    B‑3 (General Commercial) zoning
    Public sewer service
    Adjacent to Lakewood Park and pond
    Near the I‑74 interstate exit into town
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    B3 Commercial Land Near Park
    Updated: Oct 23, 2025
    B3 Commercial Land Near Park

    121 W Ashland Street, Morton, IL 61550

    $299,900
    1‑acre commercial land parcel
    B3 zoning for general commercial use
    Adjacent to Lakewood Park and pond
    Near the I‑74 interstate exit into town
    Nearby Dunkin’, Enterprise Truck Rental, Best Western/Morton Inn, Taco Bell, and Circle K
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Waterfront Lakeview Subdivision Lot
    Waterfront Lakeview Subdivision Lot

    2120 Lexi Drive, Eureka, IL 61530

    $35,000

    Lakeview subdivision lot with access to the lake and its listed amenities.

    View details
    Lakefront Residential Land
    Lakefront Residential Land

    644 County Road 1800 East, Eureka, IL 61530

    $144,900

    Build on rolling lots with access to a stocked lake and pond, plus common well service and completed roads.

    View details
    Residential Waterfront Building Lot
    Residential Waterfront Building Lot

    Lot 7 Grandview Court, Pekin, IL 61554

    $48,000

    Build on a wooded waterfront lot with lake views in a subdivision with cul-de-sac location.

    View details
    Waterfront Residential Land Lot
    Waterfront Residential Land Lot

    Lot 6 Grandview Court, Pekin, IL 61554

    $48,000

    Residential lot with Lutticken Lake views in a wooded subdivision with cul-de-sacs and available TIF incentives.

    View details

    Morton, IL Waterfront Land Market Trends and Statistics

    Explore 2 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 $599,800.

    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 8
    Waterfront Land 3
    Residential land & home lots 3

    Demographics Overview

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

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tazewell County

    New Delisted

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