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

    509 12th N Cherry St Morrison, IL 61270-2608

    • Industrial properties
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3153764
    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 509 12th N Cherry St

    Property type
    Industrial properties
    APN
    918227017
    APU
    918227017

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morrison
    County
    Whiteside
    State
    Illinois
    Longitude
    -89.9642
    Latitude
    41.812
    CBSA code
    44580
    CBSA name
    STERLING, IL MICROPOLITAN 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
    2023
    $426
    $2,100
    $3,000
    $5,100
    -
    $6,300
    $9,000
    $15,300

    Comparable in this City

    • Value Estimation
      $295,000
      12.00 Acres

      14986 Fenton Rd

      INDUSTRIAL (GENERAL) • 12.00 Acres
      14986 Fenton Rd, Morrison, IL 61270
      View Details
    • Value Estimation by Request
      0.24 Acres

      223 Market St

      INDUSTRIAL (GENERAL) • 0.24 Acres
      223 Market St, Morrison, IL 61270-2854
      View Details
    • Value Estimation by Request

      309 Market St

      INDUSTRIAL (GENERAL)
      309 Market St, Morrison, IL 61270
      View Details
    • Value Estimation
      $420,000
      120.92 Acres

      9349 Gdn Pln Rd

      INDUSTRIAL (GENERAL) • 120.92 Acres
      9349 Gdn Pln Rd, Morrison, IL 61270-9631
      View Details
    • Value Estimation
      $300,000
      5.56 Acres

      13080 Lincoln Rd

      INDUSTRIAL (GENERAL) • 5.56 Acres
      13080 Lincoln Rd, Morrison, IL 61270-9120
      View Details
    • Value Estimation by Request
      0.89 Acres

      17413 Hillside Rd

      INDUSTRIAL (GENERAL) • 0.89 Acres
      17413 Hillside Rd, Morrison, IL 61270-9436
      View Details

    Similar Nearby for Sale

    • $800,000
      15,640 SF

      Morrison Industrial Property

      Two-building industrial complex, prime location.
      649 Lincolnway, Morrison, IL 61270
      View Details
    • $99,900
      3,278 SF

      Morrison Commercial Gem: Prime Location

      Versatile mixed-use building, ideal event space.
      126 Lincolnway, Morrison, IL 61270
      View Details
    • $99,900
      5,615 SF

      Morrison Commercial Property - Huge Potential

      Two-building commercial property, prime location.
      101 Market St, Morrison, IL 61270
      View Details
    • Contact for pricing
      0.80 Acres

      Morrison, IL Land - Build Your Dream Home

      0.8-acre lot in desirable Cross Creek Estates
      19 Masters Dr, Morrison, IL 61270
      View Details
    • Contact for pricing
      0.70 Acres

      Residential Land in Established Subdivision

      Residential land for sale in an established subdivision near town.
      21 Masters Dr, Morrison, IL 61270
      View Details
    • Contact for pricing
      0.80 Acres

      Morrison Land - Build Your Dream Home

      0.8-acre lot in desirable subdivision.
      20 Masters Dr, Morrison, IL 61270
      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.
    509 12th N Cherry St
    Morrison, IL 61270-2608
    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.