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    Property profile & analytics
    OFF-MARKET
    Commercial land

    600 Main St, Morton, IL 61550-2414

    0.38 ac lot
    Entity Owned 14-yr Hold Free & Clear
    Property ID
    US28-2655169
    Property summary
    AI-generated overview

    This exceptional Morton, IL retail property at 600 S. Main St. offers a versatile 2,960 square foot space within a larger 10,480 square foot building. Ideal for a restaurant or retail business, this space boasts an open layout, allowing for flexible design and efficient use of space. High ceilings and modern amenities create an inviting atmosphere for customers. The property features ample parking, ensuring convenient access for both tenants and their patrons. Its strategic location in Morton's thriving commercial district provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence. The 1.81-acre lot offers additional potential for expansion or outdoor seating. The building is well-maintained and presents a significant opportunity for a business looking to establish or expand its operations in a high-traffic area. The available space is part of a multi-tenant building, offering a collaborative environment. This property combines prime location, ample parking, and a flexible layout to create an exceptional opportunity for a discerning business.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.38 ac (16,553 SF)
    APN 06-06-20-403-009
    UPID US28-2655169
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Lisa Reynolds LP · 14 yrs held
    Lisa Reynolds LP
    since 2012
    4 recorded transactions
    2012
    2007
    2006
    $180,000
    1997
    $125,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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