Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    50 Monroe St Morton, IL 61550

    • Industrial properties
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3413984
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 50 Monroe St

    Year built
    1999
    Property type
    Industrial properties
    APN
    06-06-20-230-012
    APU
    60620230012

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morton
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.4597
    Latitude
    40.6118
    CBSA code
    37900
    CBSA name
    PEORIA, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.37 Acres

      Birchwood St Right Of Way

      INDUSTRIAL (GENERAL) • 0.37 Acres
      Birchwood St Right Of Way, Morton, IL 61550
      View Details
    • Value Estimation by Request
      2.50 Acres

      4th Ave

      INDUSTRIAL (GENERAL) • 2.50 Acres
      4th Ave, Morton, IL 61550
      View Details
    • Value Estimation by Request
      1.07 Acres

      Birchwood St

      INDUSTRIAL (GENERAL) • 1.07 Acres
      Birchwood St, Morton, IL 61550
      View Details
    • Value Estimation by Request

      349 Birchwood St

      INDUSTRIAL (GENERAL)
      349 Birchwood St, Morton, IL 61550-2405
      View Details
    • Value Estimation by Request
      1.30 Acres

      Caroline St Ofc Of

      INDUSTRIAL (GENERAL) • 1.30 Acres
      Caroline St Ofc Of, Morton, IL 61550
      View Details
    • Value Estimation by Request
      6.21 Acres

      Courtland St

      INDUSTRIAL (GENERAL) • 6.21 Acres
      Courtland St, Morton, IL 61550
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.00 Acres

      Morton Industrial Land - 2 Acres

      Prime Morton, IL industrial development lot.
      866 Birchwood St, Morton, IL 61550
      View Details
    • $6,000,000
      60.00 Acres

      Morton, IL - 60 Acres Commercial Land

      Prime 60-acre development opportunity in Morton, IL.
      0 Lakeland Rd, Morton, IL 61550
      View Details
    • $380,000
      4.75 Acres

      Lakeland Road Commercial Land

      4.75 Acres, Morton, IL - Prime Development
      0 Lakeland Rd, Deer Creek, IL 61550
      View Details
    • $299,000
      2.38 Acres

      Morton Commercial Land Opportunity

      2.38 Acres, Prime Location, $299,000
      7 Unit, Morton, IL 61550
      View Details
    • $299,900
      1.00 Acre

      Morton, IL Commercial Land

      One-acre commercial land parcel in high-profile retail area.
      121 W Ashland St, Morton, IL 61550
      View Details
    • $1,800,000
      3.55 Acres

      High-Profile Morton Commercial Land

      Prime Retail/Office Site, 3.55 Acres
      150 Courtland Ave, Morton, IL 61550
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      1,400 SF

      Retail Space in Kroger Center

      Retail space for lease in Morton, IL, Kroger anchored center.
      1015-1067 W Jackson St, Morton, IL 61550
      View Details
    • Contact for pricing
      2,960 SF

      Retail Space with Drive-Thru

      2,100 SF retail space with drive-thru in Morton, IL.
      600-604 S Main St, Morton, IL 61550
      View Details
    • Contact for pricing
      10,480 SF

      Morton Retail Space: Prime Location

      Restaurant/Retail Space Available; 2,960 sq ft
      600 Main St, Morton, IL 61550
      View Details
    • $19 SF/Yr
      6,214 SF

      Morton Medical Office Suite Available

      Prime Medical Office Space - I-74 Access
      621 Jackson St, Morton, IL 61550
      View Details
    • $7 SF/Yr
      139,893 SF

      Field Shopping Center: Morton, IL

      Morton Retail Center - Multiple Spaces Available
      1909-2141 Main St, Morton, IL 61550
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    50 Monroe St
    Morton, IL 61550
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.