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151 E Ashland St
Morton, IL 61550
Steak 'N Shake · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute Triple-Net (NNN) Lease with Steak ‘N Shake - Corporate Guaranty
  • 30,462 Residents in Growing Trade Area - Peoria, IL MSA
  • Easily Accessible Location Immediately Off I-74 (41,400+ Cars/Day) and North Morton Avenue (19,250+ Cars/Day)
  • Four Years Remaining on Lease Term with Annual Rental Increases
  • Average Household Income Exceeds $108,000 within a Three-Mile Radius
  • Strong Daytime Population with 31,200+ Employees within a Five-Mile Radius

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,360 SF
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.41 AC
Zoning
B-2 - Commercial
Frontage
150’ on Ashland St

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-06-17-201-015
Land Assessment
$133,760
Improvements Assessment
$276,230
Total Assessment
$409,990
  • Listing ID: 27130732

  • Date on Market: 11/16/2022

  • Last Updated:

  • Address: 151 E Ashland St, Morton, IL 61550

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