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520 E Highland St - Morton Commerce Park 2.38 Acres of Commercial Land Offered at $300,000 in Morton, IL 61550
Investment Highlights
- The property has sale or build-to-suit option
- In close proximity to I-74 and I-155
- Centrally located between Peoria, Bloomington, and Springfield.
Executive Summary
Property Facts
| Price | $300,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 2.38 AC |
| Property Type | Land | ||
| Zoning | I-1 - I-1 (Light Industrial). Permitted uses subject to applicable zoning regulations and governmental approvals. | ||
| Price | $300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Industrial |
| Total Lot Size | 2.38 AC |
| Zoning | I-1 - I-1 (Light Industrial). Permitted uses subject to applicable zoning regulations and governmental approvals. |
1 Lot Available
Lot
| Price | $300,000 | Lot Size | 2.38 AC |
| Price Per AC | $126,050.42 |
| Price | $300,000 |
| Price Per AC | $126,050.42 |
| Lot Size | 2.38 AC |
±2.38-acre industrial development site within Morton Commerce Park. Zoned I-1 (Light Industrial) with convenient access to I-74 and I-155. Available for sale or build-to-suit.
Description
Morton Commerce Park is a highly successful 200-acre industrial development located in Morton, Illinois. The park offers convenient access to Interstate 74 and Interstate 155 and is strategically positioned between Peoria, Bloomington, and Springfield, providing excellent regional connectivity throughout Central Illinois. The available site consists of approximately 2.38 acres and is zoned I-1 (Light Industrial). Utilities available to the property include water, sewer, and natural gas. The site is well suited for a variety of industrial and business park users including office/warehouse, flex industrial, contractor services, equipment sales, distribution, and light manufacturing operations. Available for sale or build-to-suit, the property represents one of the few remaining development opportunities within an established industrial park environment in Morton.
Property Taxes
| Parcel Number | 06-06-09-300-044 | Improvements Assessment | $0 |
| Land Assessment | $124,820 | Total Assessment | $124,820 |
Property Taxes
