20 Masters Dr, Morrison, IL 61270
Build your dream home on this exceptional 0.8-acre lot located in the established Cross Creek Estates subdivision in Morrison, Illinois. This desirable property, identified as Lot 20 on Masters Drive, boasts 190 feet of road frontage, providing ample space for your future home. The lot is conveniently situated on a hard-surfaced road, offering easy access and a sense of community. The location is ideal, offering a peaceful setting while remaining conveniently close to the town of Morrison. Natural gas is readily available within the subdivision, simplifying the construction process. Cross Creek Estates is a well-established community, ensuring a welcoming and established neighborhood. Detailed covenants and an aerial view of the subdivision are available for review upon request. The asking price for this remarkable opportunity is $15,000. Please note that the previously quoted real estate taxes reflect the assessment of nine lots and not solely this specific property. This is a rare opportunity to secure a prime building lot in a sought-after location. Don't miss out! The property's address is Lot 20 Masters Drive, Morrison, IL 61270.
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.