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Property profile & analytics

126 Lincolnway Morrison, IL 61270

  • Commercial real estate
  • 0.18 lot acres
Value Estimation
Location Intelligence
Property ID
US28-3310421
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 126 Lincolnway

Lot size
0.18 lot acres
Property type
Commercial real estate
APN
918256012
APU
918256012

Description

This exceptional mixed-use property, located at 126 E Lincolnway Road in Morrison, Illinois, presents a unique investment opportunity. Boasting 3,278 square feet across two stories, this vacant building sits on a 7,500 square foot lot and offers six parking spaces. Previously utilized as a church and exercise center, its adaptable layout and ample space make it perfect for a variety of commercial ventures. The property benefits from high visibility at the northwest corner of US Route 30 and Illinois Route 78, ensuring excellent exposure. While the roof requires replacement, the asking price of $99,900 reflects this need. Recent updates include new windows, and all levels, including a walk-out basement, are usable. The property is zoned C1-Commercial, providing flexibility for various business types. This is a chance to acquire a substantial building with significant potential in a desirable location. The property's history as a church and fitness center suggests a wide range of possible uses, from event spaces to retail or office spaces. The large lot size and ample parking further enhance its appeal. Serious inquiries are encouraged.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Morrison
County
Whiteside
State
Illinois
Longitude
-89.9652
Latitude
41.8097
CBSA code
44580
CBSA name
STERLING, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,591
$6,000
$13,046
$19,046
-
$18,000
$39,138
$57,138
More about this property
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