Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

1705 Morton Ave Jacksonville, IL 62650

  • Commercial real estate
  • 1.01 lot acres
Value Estimation
$340,000
Location Intelligence
Property ID
US28-4484686
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

  • Amanda Gerson, O.D. / Optician / Optometrist
  • Joseph Allen Herba / Optometrist
  • Alicja Fitzgerald / Optometrist
  • David Anderson / Optometrist
  • Thomas Esposito / Optometrist

Property Details for 1705 Morton Ave

Lot size
1.01 lot acres
Property type
Commercial real estate
APN
09-30-100-007
APU
930100007

Description

This 3,400 square foot single-tenant office building, situated on a one-acre lot at 1705 W Morton Ave in Jacksonville, Illinois, presents a unique investment opportunity. Built in 1981 and renovated in 2018, the property boasts a professional image, ideal for executive, medical, or traditional office uses. The building features numerous offices and two large work/meeting/display rooms, wired for security inside and out with floor electrical outlets. A high-security entry vestibule enhances safety. The location is exceptional, situated on Jacksonville's retail and business corridor, experiencing high traffic volume exceeding 20,000 cars daily, according to IDOT data. This prime location offers excellent visibility and accessibility, benefiting from its proximity to major retailers such as Walmart, Home Depot, County Market, and numerous other national chains. The property includes 23 parking spaces. Zoned B-3 Office - Retail, this building is conveniently located near the Westgate Avenue cross street, one mile from the new US 67 @ I-72 Interchange, and benefits from the vibrant community of Jacksonville and South Jacksonville (combined population exceeding 25,000). The property's strategic location within Morgan County, near Springfield, St. Louis, and Chicago, serves a diverse economy encompassing business, agriculture, education, and state institutions. The true market area extends to five or more surrounding counties, encompassing a population exceeding 55,000. This is a rare opportunity to acquire a well-maintained, high-traffic office building in a thriving commercial area.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $290,000
  • CAP approach

    CAP return
    Estimation
    6%
    $435,000
    6.5%
    $400,000
    7%
    $395,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $420,000
    Geo Method
    $375,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $385,000
    Retail
    $430,000
    Mixed-Use
    $405,000
    Hospitality
    $375,000
    Educational
    $345,000
    Residential Income
    $365,000
    Energy
    $450,000
    Income-Based Land
    $450,000
    Food Service
    $385,000

Location Insight

  • Map
  • Local Demand
City
Jacksonville
County
Morgan
State
Illinois
Longitude
-90.2583
Latitude
39.7224
CBSA code
27300
CBSA name
JACKSONVILLE, 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
2022
$14,754
$102,180
$52,680
$154,860
-
$306,540
$158,040
$464,580
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message