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Lakeland Rd
Morton, IL 61550
Land For Sale · 64.75 AC

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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
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 64.75 AC
Zoning C2 - General Commercial - retail, restaurants, office, service establishments, entertainment venues.

1 Lot Available

Lot

Price $8,786,575 CAD
Price Per AC $135,700.00 CAD
Lot Size 64.75 AC

64.75 Acres of Prime Developable Land – DIVISIBLE!

Property Taxes

Property Taxes

Parcel Number
06-06-08-300-014
Land Assessment
$72,905 CAD
Improvements Assessment
$0 CAD
Total Assessment
$72,905 CAD
  • Listing ID: 26415566

  • Date on Market: 2022-08-17

  • Last Updated:

  • Address: Lakeland Rd, Morton, IL 61550

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