Property profile

501 Courtland St Morton, IL 61550

OFF-MARKET
Office Spaces
Property ID
US28-1370414
51,316 SF 6.14 ac lot Built 1983
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1983
Total area 51,316 SF
Lot 6.14 ac (267,458 SF)
APN 06-06-09-300-036
UPID US28-1370414

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
  • Metal Fabrication Plant Factory

Location

501 Courtland St Morton, IL 61550-9043
Morton metro Census 21603 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
$2.29M
Blend (final) Blend
$710k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2016
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $4.4M +2.7%

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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