1801 Morton Ave Jacksonville, IL 62650
- Commercial real estate
- 0.69 lot acres
Current Use by Public Records
- U.S. Bank ATM / Atm
- U.S. Bank / Atm / Bank
Property Details for 1801 Morton Ave
- Lot size
- 0.69 lot acres
- Property type
- Commercial real estate
- APN
- 08-25-200-007
- APU
- 825200007
Description
This exceptional retail property, located at 1801 W Morton Ave in Jacksonville, Illinois, presents a unique investment opportunity. The 1,226 square foot building, constructed in 1985, sits on a sizable 30,000 square foot lot and is zoned B-4. Its former use as a bank drive-thru facility makes it ideally suited for a quick-service restaurant or similar storefront operation. The property boasts a high-exposure location at a signalized intersection with significant traffic counts, providing excellent visibility and accessibility. Its strategic location along Jacksonville's major north-south connector, Westgate Avenue, places it en route to a Walmart Supercenter and a rapidly developing area, ensuring consistent customer traffic. The single-tenant building offers a net lease (NN+) structure with a franchisee tenant credit, minimizing management responsibilities. The asking price is $395,000. This property is surrounded by thriving businesses, making it a compelling investment in a dynamic commercial area. The property's APN is 08-25-200-007. This is a rare opportunity to acquire a well-positioned retail space in a high-growth area of Jacksonville.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Morgan
- State
- Illinois
- Longitude
- -90.2624
- Latitude
- 39.7226
- CBSA code
- 27300
- CBSA name
- JACKSONVILLE, IL MICROPOLITAN STATISTICAL AREA
