Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

332 Detroit Ave Morton, IL 61550

FOR SALE
Other warehouses
Property ID
US28-5788233
14,979 SF 1.03 ac lot Built 1978
Last sale Nov 2012 · $690,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 332 Detroit Ave, Morton, Illinois, is a purpose-built fitness and entertainment facility featuring a full-size gymnasium with 28.5-foot ceilings, reinforced construction, a full-height climbing wall, and an elevated obstacle course. It also includes virtual golf simulator rooms with integrated graphics and sensor systems. Hospitality and event-related improvements include a full-service bar, restaurant and catering area supported by a commercial-grade kitchen, a dance floor,…

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?
$17k
Tax billed · 2023
Assessed value$225k
Assessed land$63k
Assessed improvement$162k
Effective rate7.33%

Value estimate

· Oct 2026
$350k
$315k – $385k
AI approach$350k
NOI build-up
Gross scheduled income$180k
Vacancy & credit loss−$22k
Operating expenses−$59k
NOI · 11.05% cap applied$99k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$48/SF
County average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$25 – $72

Cap rate analysis

How does the asset earn?
11.05%
$99k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.8
Wholesale Shop9.4
Pharmacy8.9

Location

332 Detroit Ave Morton, IL 61550
County assessor Recorded deeds · 5 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
925 Detroit, Morton, IL 61550-3700 $1,050,000 May 2025 9,492 SF
119 Jadewood, Morton, IL 61550-2843 $1,200,000 Sep 2024 12,480 SF
225 Maple, Morton, IL 61550-1851 $5,878,000 Nov 2023 21,095 SF
175 Courtland, Morton, IL 61550-1401 $2,500,000 Aug 2023 15,940 SF
800 Birchwood, Morton, IL 61550-9098 $575,000 Mar 2023 10,040 SF
65 Commerce, Morton, IL 61550-9197 $1,350,000 May 2021 10,024 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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
Why this one?
Saved
Reason not saved — we won't ask again