Contact for pricing 9,750 SF

340 Detroit Ave, Morton, IL 61550
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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$84k

Assessed improvement$141k

Effective rate7.33%

Value estimate

· Oct 2026

$1.78M

$1.60M – $1.95M

AI approach$1.78M

NOI build-up

Gross scheduled income$225k

Vacancy & credit loss−$23k

Operating expenses−$61k

NOI · 7.33% cap applied$142k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$85/SF

County average, outlier-cleaned · 22 recorded sales of this use type

Observed band · Q1–Q3$32 – $182

Cap rate analysis

How does the asset earn?

7.33%

$142k estimated NOI · market benchmarks for this use type

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

Zoning insight

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

340 Detroit Ave Morton, IL 61550

County assessor Recorded deeds · 9 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 · 10 properties nearby

Address Sale price Sold Size

822 Main, Morton, IL 61550-1602 $300,000 Jan 2024 2,340 SF

151 Ashland, Morton, IL 61550-1417 $195,000 Oct 2021 6,720 SF

108 Penn, Morton, IL 61550-1943 $225,000 Jan 2020 5,000 SF

528 Main, Morton, IL 61550-1941 $105,000 Feb 2019 1,288 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

Value Estimation
$185,000

6,720 SF

151 Ashland St

AUTO REPAIR, GARAGE

151 Ashland St, Morton, IL 61550-1417

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Value Estimation
$540,000

6,650 SF

1040 Jefferson St

AUTO REPAIR, GARAGE

1040 Jefferson St, Morton, IL 61550-1504

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Value Estimation
$565,000

5,544 SF

100 Detroit Pkwy

AUTO REPAIR, GARAGE

100 Detroit Pkwy, Morton, IL 61550-1857

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Value Estimation
$230,000

5,360 SF

832 Main St

AUTO REPAIR, GARAGE

832 Main St, Morton, IL 61550-1602

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Value Estimation
$220,000

5,000 SF

108 Penn Ave

AUTO REPAIR, GARAGE

108 Penn Ave, Morton, IL 61550-1943

View Details
Value Estimation
$2,025,000

19,848 SF

240 Ashland St

AUTO REPAIR, GARAGE

240 Ashland St, Morton, IL 61550-1437

View Details

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