853 Jackson Plz Morton, IL 61550
- Office Properties & Spaces
- 1.08 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 853 Jackson Plz
- Lot size
- 1.08 lot acres
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morton
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.4663
- Latitude
- 40.6197
