Morton, IL Commercial Real Estate for Lease and Sale

Explore 15 listings of Morton commercial real estate to find the best space for your business.

1035 W Jackson St

1035 W Jackson St, Morton, IL
Property

Retail

25,622 SF
Availability

5 Spaces

38,918 SF
Year Built

2004
For Lease Contact for pricing
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Field Shopping Center

1909-2137 S Main Street Morton, Morton, IL
Property

Retail

139,893 SF
Availability

12 Spaces

61,825 SF
For Lease

$7.00/SF/YR
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Field Shopping Center

1909-2141 South Main Street, Morton, IL
Property

Retail

139,893 SF
Availability

11 Spaces

60,329 SF
Year Built

1965
For Lease

$7.00 - $8.00/SF/YR
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332 Detroit Avenue

332 Detroit Avenue, Morton, IL
Property

Retail

21,540 SF
For Sale

$1,399,000
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600 S. Main St.

600 S. Main St., Morton, IL
Property

Retail

10,480 SF
Availability

1 Space

2,960 SF
For Lease Contact for pricing
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115 North Main Street
Hub & Spoke
115 North Main Street, Morton, IL
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

24/7 security

Bike storage

Complimentary coffee & tea

Ergonomic furniture

High-speed internet

High-speed wifi

Kitchen

Printer

TV/Monitor

White boards
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1810 S Main St

1810 S Main St, Morton, IL
Property

Other

13,200 SF
Year Built

1979
For Sale

Subject to Offer
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1209 SW Adams St

1209 SW Adams St, South Peoria, Peoria, IL
Property

Office

800 SF
For Sale

$149,000
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632 S. Main Street

632 S. Main Street, Creve Coeur, IL
Property

Office

2,740 SF
Year Built

1991
For Sale

$457,741
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718-720 SW Adams St

718-720 SW Adams St, Downtown Peoria, Peoria, IL
Property

Industrial

8,700 SF
For Sale

$499,000
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127 Fauber Ln

127 Fauber Ln, East Peoria, IL
Property

Industrial

5,600 SF
For Sale

$308,000
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Griffin Ave

Griffin Ave, Pekin, IL
Property

VacantLand
For Sale

$599,000
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1503 Washington Rd

1503 Washington Rd, Washington, IL
Property

Office

27,500 SF
Year Built

1967
For Sale

$399,000
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840-908 SW Washington

840-908 SW Washington, South Peoria, Peoria, IL
Property

Industrial

55,632 SF
For Sale

$799,000
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Washington Plaza

2273 Washington Road, Washington, IL
Property

Retail

106,790 SF
Availability

7 Spaces

22,746 SF
Year Built

1970
For Lease

$6.00 - $10.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Morton commercial real estate market incorporates 2,652 square feet of office space across 3 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Morton commercial real estate market includes 337,428 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Morton incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Morton is represented by Retail space, which accounts for 162,534 square feet of available listings.

Meanwhile, most of the listings of commercial property for sale in Morton are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Morton is $7 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Morton can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Morton, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $8 per square foot. In particular, the property type commanding the highest lease rates in Morton was Retail space.

The average size of a commercial property in Morton depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Morton, the average size of an office property is 2,652 square feet.
Retail properties here incorporate an average of 67,486 square feet.

Morton, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Morton currently add up to 162,534 square feet. Local retail availability includes 162,534 square feet across 4 retail space(s).

Property Type	Count of Listings	Total SF
Retail	4	162,534

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Morton, IL. Currently, there is 24,192 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	1	2,652
Retail	1	21,540

Morton, IL Commercial Real Estate for Lease and Sale

1035 W Jackson St

Field Shopping Center

Field Shopping Center

332 Detroit Avenue

600 S. Main St.

115 North Main Street

1810 S Main St

1209 SW Adams St

632 S. Main Street

718-720 SW Adams St

127 Fauber Ln

Griffin Ave

1503 Washington Rd

840-908 SW Washington

Washington Plaza

Frequently Asked Questions

Morton, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Morton, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Morton, IL?

What factors affect the price of commercial real estate in Morton, IL?

What is the average rent for commercial space in Morton, IL?

What are the best areas for commercial real estate in Morton, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Morton, IL?

Morton, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us