Property profile

135 1st Ave Morton, IL 61550

OFF-MARKET
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Property ID
US28-5665635
2,490 SF 0.24 ac Built 1970
Last sale Mar 2026·$275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a 2,490-square-foot office building situated on a 0.24-acre site in Morton, Illinois at 135 South First Avenue. The building is configured for two tenants, with one suite previously leased on a short-term basis to the Morton Community Foundation, and a second suite of approximately 1,250 square feet that includes three offices with plumbing connections, an additional former X-ray room, and one restroom. The building has an attached parking lot with approximately 17 spaces, with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$86k
Assessed land$12k
Assessed improvement$74k
Effective rate7.33%

Value estimate

· Nov 2026
$200k
$180k – $220k
AI approach$220k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTAZEWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.6
Realty agency15.7
Wholesale Shop13.3

Location

135 1st Ave Morton, IL 61550-2035
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
330 Main, Morton, IL 61550-1976 $410,000 Jun 2025 8,260 SF
700 4th, Morton, IL 61550-2524 $155,000 Apr 2022 3,200 SF
22700 Veterans, Morton, IL 61550-9550 $170,000 Jun 2021 2,676 SF
1610 Main, Morton, IL 61550-9057 $200,000 Aug 2020 10,292 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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