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1810 S Main St
Morton, IL 61550
Illinois State Police Forensic Science Lab · Industrial Property For Sale

Executive Summary
Net lease investment opportunity for sale. 13,200 SF free standing building near Peoria IL. The Illinois State Police Department occupies this building for the last 45 years as a forensic lab. Please note, the lease is guaranteed by the state of Illinois and the credit rating as of March 2025 is an A- from S&P Global Ratings. Recent improvements including new HVAC, parking lot and office renovations. The lease was recently renewed for ten (10) years with escalations.
Property Facts
| Sale Type | Investment | Rentable Building Area | 13,200 SF |
| Cap Rate | 9.37% | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1978/1988 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.58 AC | Parking Ratio | 2.8/1,000 SF |
| Zoning | B2 - General Business Enterprise Zone | ||
| Sale Type | Investment |
| Cap Rate | 9.37% |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 1.58 AC |
| Rentable Building Area | 13,200 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1978/1988 |
| Tenancy | Single |
| Parking Ratio | 2.8/1,000 SF |
| Zoning | B2 - General Business Enterprise Zone |
Amenities
- Bio-Tech/ Lab Space
Property Taxes
| Parcel Number | 06-06-29-115-037 | Improvements Assessment | $328,060 |
| Land Assessment | $81,170 | Total Assessment | $409,230 |
Property Taxes
Parcel Number
06-06-29-115-037
Land Assessment
$81,170
Improvements Assessment
$328,060
Total Assessment
$409,230
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