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Property profile & analytics

1939 Morton Ave Jacksonville, IL 62650

  • Retail properties
  • 17,600 SF
  • 2.00 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 1939 Morton Ave

Year built
2010
Lot size
2.00 lot acres
Property size
17,600 SF
Property type
Retail properties
Property subtype
Office Properties & Spaces

Description

This exceptional retail opportunity is located within the Shoppes on Morton, a single-story, 17,600 square foot building situated on 2 acres in Morgan County. The space, previously occupied by GameStop, offers 1,805 square feet of prime retail space in a high-traffic, high-visibility location on West Morton Avenue (Business I-72), at a signalized intersection. The unit boasts approximately 22 feet of frontage and includes rear rooms and a secure storage room. High-quality roll-up locking security screens are in place. This is a rare opportunity to establish a business in a thriving area, anchored by a Walmart Supercenter and complemented by nearby businesses including Dunham's Sports Center (with cross-access), and future additions of Hobby Lobby and Marshall's across the street (projected opening Summer 2025). The property was built in 2010 and consists of seven suites in total. Annual property taxes are $3.95 per square foot. The lease is structured as a triple net (NNN) lease at $5 per square foot. Please note that smoke and vape shops are not permitted in this retail center. The minimum divisible space is 1,805 square feet.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Jacksonville
County
Morgan
State
Illinois
Longitude
-90.2694
Latitude
39.7222
More about this property
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