Commercial real estate in Morgan County

Search commercial real estate records in Morgan County to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Morgan County commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

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Reonomy operates the most comprehensive database for Morgan County Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Morgan County commercial real estate professionals. Members from Morgan County include brokers, investors and service providers, many of whom specialize in Morgan County Commercial Real Estate.

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Morgan County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Morgan County is $28,858. Commercial real estate sale prices in Morgan County have a median of $175,000. The last 24 months of sales history has seen 403 sales, with 162 sales greater than $250,000, 38 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Morgan County over the last 24 months is $36.

Values and sold prices (last 24 months) United States Illinois Morgan County
Average price/sqft $1,429 $328 $69
Median price/sqft $115 $105 $36
Average sold price $1,175,028 $1,495,239 $365,677
Median sold price $192,662 $189,608 $175,000
Number of sales 3,653,861 138,679 403
Number of sales over $250k 1,530,048 57,466 162
Number of sales over $1m 369,680 16,398 38
Number of sales over $10m 55,427 2,843 --
Average total tax amount $5,912 $8,914 $2,323
Average assessed value $302,534 $64,065 $28,858
Average market value $377,431 $272,532 $88,203

Morgan County commercial real estate property averages

The average lot size of commercial real estate properties in Morgan County is 49,583 sf. This is 130% above the Illinois average.

Property averages United States Illinois Morgan County
Average lot size 818,966 sf 379,359 sf 819,177 sf
Median lot size 24,701 sf 10,418 sf 49,583 sf
Average building area 1,170 sf 195 sf 552 sf
Median building area 73 sf 81 sf 46 sf
Median year built 1970 1959 1965
Average number of units 16 9 7
Median number of units 2 2 4

Morgan County commercial real estate total supply

There are 12,233 commercial real estate properties in Morgan County. This is 198% below the Illinois average. The total acerage is 103,600 acres and the aggregate building area for commercial real estate properties in Morgan County is 107,200 sf.

Supply United States Illinois Morgan County
Number of parcels 57,284,908 2,456,673 12,233
Aggregate lot acerage 883,661,852 11,835,035 103,600
Aggregate building area 8,074,578,464 sf 58,160,444 sf 107,200 sf
Aggregate units 87,963,611 2,394,329 1,491

Morgan County commercial real estate industrial mortgages

There are 3,561 mortgages for commercial real estate properties across Morgan County in the Reonomy database. The average value of those mortgages is $14,962,598. This is 91% above the Illinois average.

Debt United States Illinois Morgan County
Number of mortgages 39,329,028 3,179,390 3,561
Average value of mortgages $5,222,868 $5,580,890 $14,962,598

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