Morgan County, IL Retail properties & Spaces for sale

Updated: May 26

Mixed-Use Property with Updated Improvements

1111 W MORTON Avenue, Jacksonville, IL 62650

$1,890,000

3.47 AC lot

More than 17,100 square feet across multiple buildings
Retail, office, and residential units provide a varied mixed‑use configuration
Five parcels included; parcels can be sold separately
B‑3 zoning
Newer roofs, updated mechanicals, fresh paint, flooring, and lighting

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Updated: Jul 22

Commercial Kitchen Property with Restaurant Equipment

223 N Pearl Street, Waverly, IL 62692

$99,900

0.15 AC lot

Approximately 7,000 square feet across two connected, two‑story buildings
Main level includes built‑in grill, ovens, double freezers, bar refrigeration, dishwasher, and vented exhaust systems
Approximately 3,500‑square‑foot unfinished upper level
South building dates to 1890; north building was constructed in 1901
Approximately 0.15 acres at 223 N Pearl Street on the Waverly town square

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High Exposure Retail/Restaurant Opportunity

1801 W Morton Ave, Jacksonville, IL 62650

Contact for pricing

1,226 sqft

Ideal for bank, drive-thru restaurant, or small retail.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Morgan County, IL, we suggest exploring several alternatives: similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

28.79-Acre Commercial Land

W WABASH Avenue, Springfield, IL 62711

$7,900,000

28.79 AC lot

Commercially zoned land with substantial acreage and nearby corporate, residential, automotive, and financial businesses.

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I-1 Industrial Development Land

4685 WABASH Avenue, Springfield, IL 62707

$1,435,000

40.78 AC lot

Agricultural tract with industrial zoning, edge-of-site utilities, and planned access from the southern boundary.

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I-1 Commercial Land

4320 Acer Grove Drive, Springfield, IL 62711

$175,000

I-1-zoned commercial land with public sewer service.

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S-2 Commercial Land

4300 Acer Grove Drive, Springfield, IL 62711

$135,000

S-2-zoned commercial land with public sewer near retail properties and major transportation routes.

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Off-Market Properties in Morgan County, IL

Consider similar Off-Market properties in Morgan County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Retail properties & Spaces

1939 Morton Ave, Jacksonville, IL 62650

Estimated value: by Request

17,600 sqft 2.00 AC lot

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Lifestyle centers

907-909 Main St, Jacksonville, IL 62650

Estimated value: by Request

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Individual retail properties

786 Walnut St, Jacksonville, IL 62650

Estimated value: by Request

10,000 sqft 1.64 AC lot

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Individual retail properties

786 Walnut St, Jacksonville, IL 62650

Estimated value: by Request

10,000 sqft 1.64 AC lot

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Morgan County, IL Retail Properties & Spaces Market Trends and Statistics

Explore 7 retail properties & spaces for sale in Morgan County, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,226 square feet of properties for sale, with an estimated market value of $1,989,900.

Sale prices for stores in Morgan County, IL start at $99,900, averaging $994,950, and reaching up to $1,890,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.