Property profile

621 Jackson St Morton, IL 61550

OFF-MARKET
Commercial land
Property ID
US28-3127864
0.34 ac lot
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,296 square-foot medical office suite is ideally situated in Morton, Illinois, offering convenient access to I-74 via US Route 150. The single-story, 6,214 square-foot building, constructed in 1998 and extensively renovated in 2024, boasts a Class B rating and features a modern, well-maintained exterior of block and brick construction. The suite itself is immediately available and includes six exam rooms, two restrooms, a spacious waiting area, administrative office, nurses' station, a doctor's office, and a private rear entrance. The interior benefits from brand new 4K lighting, enhancing both functionality and aesthetics. Exterior improvements include updated landscaping and freshly striped parking lot. The property offers ample parking with 14 spaces available. The suite is part of a multi-tenant building with a total of two suites. The zoning is B-2. The ceiling height is 9 feet. This turnkey medical office space presents a fantastic opportunity for medical professionals seeking a modern, well-equipped practice location with excellent visibility and accessibility. Lease terms are NNN.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.34 ac (14,810 SF)
APN 06-06-17-406-016
UPID US28-3127864

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
  • Physician
  • Pediatrician Physician
  • Physician
  • Pediatrician Physician
  • Medical Clinic

Location

621 Jackson St Morton, IL 61550-1535
Morton metro Census 21603 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

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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