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    Property profile & analytics

    Nebraska Ave Morton, IL 61550

    • Warehouses
    • 1,440 SF
    • 1.57 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US28-3415778
    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

    • Warehouses

    Property Details for Nebraska Ave

    Year built
    1982
    Lot size
    1.57 lot acres
    Property size
    1,440 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    06-06-28-200-013
    APU
    60628200013

    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
    -89.4441
    Latitude
    40.5947
    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
    2023
    $4,850
    $58,020
    $8,110
    $66,130
    -
    $174,060
    $24,330
    $198,390

    Comparable in this City

    • Value Estimation by Request
      1,920 SF

      810 Main St

      MINI-WAREHOUSE, STORAGE • 1,920 SF
      810 Main St, Morton, IL 61550-1602
      View Details
    • Value Estimation
      $625,000
      4,800 SF

      1929 Morton Ave

      MINI-WAREHOUSE, STORAGE • 4,800 SF
      1929 Morton Ave, Morton, IL 61550-1426
      View Details
    • Value Estimation
      $585,000
      12,096 SF

      95 Commerce Dr

      MINI-WAREHOUSE, STORAGE • 12,096 SF
      95 Commerce Dr, Morton, IL 61550-9197
      View Details
    • Value Estimation
      $355,000
      6,480 SF

      4009 Jackson St

      MINI-WAREHOUSE, STORAGE • 6,480 SF
      4009 Jackson St, Morton, IL 61550-1029
      View Details
    • Value Estimation
      $835,000
      80,418 SF

      2320 Main St

      MINI-WAREHOUSE, STORAGE • 80,418 SF
      2320 Main St, Morton, IL 61550-2922
      View Details
    • Value Estimation
      $310,000
      2,335 SF

      140 Queenwood Rd

      MINI-WAREHOUSE, STORAGE • 2,335 SF
      140 Queenwood Rd, Morton, IL 61550-2946
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.00 Acres

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      Prime Morton, IL industrial development lot.
      866 Birchwood St, Morton, IL 61550
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    • $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
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    • $380,000
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      Lakeland Road Commercial Land

      4.75 Acres, Morton, IL - Prime Development
      0 Lakeland Rd, Deer Creek, IL 61550
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    • $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
    • Contact for pricing

      Morton Business Park Land for Sale

      B3 Zoned Lots, Ready to Build
      0 Main St, 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
      10,480 SF

      Morton Retail Space: Prime Location

      Restaurant/Retail Space Available; 2,960 sq ft
      600 Main 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
    • $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
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    Nebraska Ave
    Morton, IL 61550
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    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
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