7 Unit Morton, IL 61550
This exceptional commercial property presents a rare opportunity to acquire 2.38 acres of land ideally situated on N Main Street in Morton, Illinois. The expansive lot, designated as Unit Lot 7, offers significant potential for a wide range of commercial ventures. Its prime location on N Main Street ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in a thriving community. The property's generous size allows for ample space for development, accommodating various building sizes and configurations to suit specific business needs. The absence of existing structures provides a blank canvas for creating a custom-designed commercial space, tailored to meet the unique requirements of the future owner. This presents a unique chance to build a new facility or to expand an existing business. The property's location in Morton, IL offers access to a robust local economy and a strong community infrastructure. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land parcel offers. The asking price is $299,000, reflecting the significant value and potential of this prime location. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prominent commercial presence in a desirable area.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.