649 Lincolnway Morrison, IL 61270

Property Details for 649 Lincolnway

Lot size

2.83 lot acres

Property type

Commercial real estate

APN

813226009

APU

813226009

Description

This exceptional industrial property in Morrison, Illinois, presents a compelling investment opportunity. The complex comprises two buildings totaling 15,640 square feet on a one-acre lot, zoned for commercial use. The main building, offering 8,640 square feet, features a heated 80' x 100' shop area with a drive-through lane, perfect for distribution or manufacturing needs. This building also includes office space, a parts room, two 14' x 18' doors, three 14' x 12' doors, updated LED lighting, recently insulated and redone walls, and a three-phase transformer. Restrooms include one full bath (shower functionality not guaranteed) and one half bath. A security camera system is included in the sale. A second, 54' x 140' x 16' tall building with three sides provides ample storage, ideal for semi-trucks, RVs, or other large equipment. Recent improvements include a new screwless roof, 64 new purlins, and 9.5" of insulation. The property benefits from city water and sewer and enjoys high visibility with an 8,500 daily traffic count (per IDOT). Located within the Whiteside Carroll Enterprise Zone (WCEZ), this property offers significant tax advantages. The asking price of $800,000 ($51/sq ft) includes the main building and the 54' x 140' storage building. The parcel will be split before closing

Location Insight

City

Morrison

County

Whiteside

State

Illinois

Longitude

-89.9789

Latitude

41.8146

CBSA code

44580

CBSA name

STERLING, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments