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Lakeland Rd
Morton, IL 61550

Land For Sale · 64.75 AC

Investment Highlights

  • Utilities are Parcel Adjacent, with City of Morton willing to facilitate utility buildout.
  • Incredible Land Appreciation Potential!

Executive Summary

Prime Development Opportunity! Rare opportunity to Build-to-Suit in desirable Morton. Currently Zoned Farmland, City of Morton has approved rezoning to Commercial / Multi-Family.

PROPERTY FACTS

Sale Type Investment Property Subtype Commercial
No. Lots 1 Proposed Use
Commercial
  • Multifamily
Property Type Land Total Lot Size 64.75 AC
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 64.75 AC

1 Lot Available

Lot

Price £5,189,713 Lot Size 64.75 AC
Price Per AC £80,150
Price £5,189,713
Price Per AC £80,150
Lot Size 64.75 AC

64.75 Acres of Prime Developable Land – DIVISIBLE!

PROPERTY TAXES

Parcel Number 06-06-08-300-014 Improvements Assessment £0
Land Assessment £40,307 Total Assessment £40,307

PROPERTY TAXES

Parcel Number
06-06-08-300-014
Land Assessment
£40,307
Improvements Assessment
£0
Total Assessment
£40,307

zoning

Zoning Code C2 (General Commercial - retail, restaurants, office, service establishments, entertainment venues.)
C2 (General Commercial - retail, restaurants, office, service establishments, entertainment venues.)
 

  • Listing ID: 26415566

  • Date on Market: 17/08/2022

  • Last Updated:

  • Address: Lakeland Rd, Morton, IL 61550

The Land Property at Lakeland Rd, Morton, IL 61550 is currently available for sale. Contact Joseph & Camper Commercial for more information.

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