805 W Jackson St
Morton, IL 61550
Better Banks Financial Building · Office Property For Sale

Marcus & Millichap is pleased to present 805 West Jackson Street in Morton, Illinois. The building is a multi-tenant office building and the site is approximately 2.1 acres. The subject property offers a strong tenant mix with 68 percent of the space leased to three tenants. Tenants include Better Banks which occupy 25 percent of the gross lease-able area, Witzig Financial who occupies 23 percent of the gross lease-able area, and Creekmur Wealth Advisors which occupy 19.7 percent of the gross lease-able area. The remaining 32 percent of the leased area include the tenants RAC Adjustments, Good News Financial, Allstate, Seven Oaks Financial and Unity Construction. The building is currently 93.4 percent occupied. The property is meticulously maintained and in pristine condition. It has a 10-year old roof with a 25-year life, the parking lot was resurfaced one year ago and all lights in the building were converted to energy efficient lighting. The bathrooms on the first and second floors were renovated in 2015 and 2018, respectively. The HVAC units were updated approximately seven years ago. The ceiling in the drive through canopy was replaced in recent years. The landscaping was replaced in the spring of 2018 and a new generator was installed in 2015. The first floor was remodeled in 2017, the second floor in 2016, and the third floor was partially remodeled in 2015 (Creekmur, Hub and Good News spaces). Historically, the building enjoys a high occupancy rate with little turnover. Morton is centrally located 65 miles north of Springfield, 29 miles west of Bloomington-Normal, 161 miles north of St. Louis and 158 miles southwest of Chicago.