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Property profile & analytics
OFF-MARKET
Commercial real estate

7 Unit Morton, IL 61550

2.38 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2.38 ac (103,673 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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