For Sale
$6,000,000

Lakeland Rd Morton, IL 61550

Prime 60-acre development opportunity in Morton, IL.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 60-acre parcel of land presents a rare build-to-suit opportunity in the thriving community of Morton, Illinois. Currently zoned C2, this property offers significant potential for commercial or industrial development. Located on W Lakeland Rd, with easy access to major roadways, this site boasts high visibility and convenient access for businesses. The property's strategic location benefits from significant daily traffic counts on nearby Morton Ave (14,800 CPD), Courtland (4,550 CPD), and Veterans Rd (4,950 CPD), ensuring high exposure for any future development. The expansive lot size provides ample space for a variety of projects, from large-scale industrial facilities to expansive commercial complexes. While currently zoned as commercial farmland, there is potential for rezoning with municipal approvals, further enhancing its development possibilities. This prime location offers incredible land appreciation potential, making it an attractive investment for discerning buyers seeking a high-return opportunity in a desirable market. The asking price for this exceptional property is $6,000,000. The property is situated in Tazewell County, Illinois, with a Morton, IL 61550 zip code.

Highlights

  • 60-acre build-to-suit opportunity in Morton, IL.
  • C2 zoning allows for commercial or industrial development.
  • High-visibility location on W Lakeland Rd with easy access to major roadways.
  • High traffic counts on nearby roads (Morton Ave: 14,800 CPD, Courtland: 4,550 CPD, Veterans Rd: 4,950 CPD).
  • Ample space for large-scale projects.
  • Potential for rezoning.

Property Details for 0 Lakeland Rd

Property type
Land, Industrial properties
Lot Size (sq. ft)
2,613,600 SF

Location Insight

City
Morton
County
Tazewell
State
Illinois
Latitude
40.6308518
Longitude
-89.4714137

FAQs

What type of property is this?
Land - Prime 60-acre development opportunity in Morton, IL.
Where is the land located?
The property is located at Lakeland Rd Morton, IL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 60-acre build-to-suit opportunity in Morton, IL.; C2 zoning allows for commercial or industrial development.; High-visibility location on W Lakeland Rd with easy access to major roadways.
How can I contact the broker?
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0 Lakeland Rd
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