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Property profile & analytics
OFF-MARKET
Office Spaces

853 Jackson Plz Morton, IL 61550

1.08 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.08-acre property, located at 853 W Jackson Plaza in Morton, Illinois (zip code 61550), presents a unique investment opportunity. The property is classified as a Class B, single-tenancy medical office building situated on a sizable lot. Its B-3 zoning allows for a variety of commercial uses. The strategic location offers excellent visibility and accessibility, boasting convenient proximity to Interstate 74 and Jackson Street, a major thoroughfare. Daily traffic counts on Jackson Street reach 8,050 vehicles, while I-74 sees a substantial 41,400 vehicles per day, ensuring high exposure for any business operating from this location. The property benefits from its adjacency to established businesses, including an OSF office building and a Caterpillar manufacturing facility, as well as various restaurants and other small businesses, creating a vibrant and supportive commercial environment. The asking price for this prime commercial real estate is $375,000. This presents a compelling opportunity for investors seeking a well-located, versatile property in a thriving Illinois community. The property's size and zoning provide significant potential for future development or expansion. Serious inquiries are encouraged.

Property profile
Verified
Property type Office Spaces
Lot 1.08 ac (47,045 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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