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 $30,925. Commercial real estate sale prices in Morgan County have a median of $170,950. The last 24 months of sales history has seen 484 sales, with 184 sales greater than $250,000, 54 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 $68.

Values and sold prices (last 24 months) United States Illinois Morgan County
Average price/sqft $1,569 $298 $110
Median price/sqft $101 $84 $68
Average sold price $1,215,213 $1,460,186 $410,700
Median sold price $186,304 $207,182 $170,950
Number of sales 2,886,754 96,955 484
Number of sales over $250k 1,202,594 44,025 184
Number of sales over $1m 323,569 14,281 54
Number of sales over $10m 49,909 2,212 --
Average total tax amount $6,520 $10,268 $2,588
Average assessed value $288,098 $59,426 $30,925
Average market value $329,971 $231,445 $59,398

Morgan County commercial real estate property averages

The average lot size of commercial real estate properties in Morgan County is 562,163 sf. This is 192% above the Illinois average.

Property averages United States Illinois Morgan County
Average lot size 841,144 sf 460,207 sf 1,228,099 sf
Median lot size 25,552 sf 10,429 sf 562,163 sf
Average building area 1,521 sf 214 sf 484 sf
Median building area 59 sf 60 sf 68 sf
Median year built 1964 1936 1962
Average number of units 20 13 11
Median number of units 2 3 6

Morgan County commercial real estate total supply

There are 10,572 commercial real estate properties in Morgan County. This is 197% below the Illinois average. The total acerage is 114,746 acres and the aggregate building area for commercial real estate properties in Morgan County is 121,138 sf.

Supply United States Illinois Morgan County
Number of parcels 51,092,560 2,048,837 10,572
Aggregate lot acerage 616,568,166 10,681,860 114,746
Aggregate building area 7,966,355,086 sf 39,417,216 sf 121,138 sf
Aggregate units 90,620,061 3,121,244 1,002

Morgan County commercial real estate industrial mortgages

There are 1,422 mortgages for commercial real estate properties across Morgan County in the Reonomy database. The average value of those mortgages is $37,231,106. This is 111% above the Illinois average.

Debt United States Illinois Morgan County
Number of mortgages 15,805,722 1,240,902 1,422
Average value of mortgages $8,744,434 $10,611,418 $37,231,106

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