853 Jackson Plz Morton, IL 61550
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.