Property profile

131 Detroit Ave Morton, IL 61550

OFF-MARKET
Retail space
Property ID
US28-2654403
6,759 SF 0.89 ac lot Built 2009
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2009
Total area 6,759 SF
Lot 0.89 ac (38,768 SF)
APN 06-06-17-300-040
UPID US28-2654403

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store

Location

131 Detroit Ave Morton, IL 61550-1531
Morton metro Census 21604 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$631k
Blend (final) Blend
$345k

Owner & transaction history

since 2014
2 recorded transactions
2014
Price N/A
2008
$160,500

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.0M +159.2%
Auto repair, garage $575,000 +42.0%
Commercial (general) $560,000 +38.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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