300 Liberty Street

Morris, Illinois 60450

Closed / MLS #09327959 / Commercial / Mixed Use / Morris

Listing information updated 12/26/2023 at 3:03pm

APPROXIMATELY 7500 SQUARE FOOT TWO STORY HISTORIC BUILDING LOCATED IN THE MORRIS DOWNTOWN RETAIL/BUSINESS DISTRICT. MAIN FLOOR INCLUDES FOUR COMMERCIAL USES AND SECOND FLOOR INCLUDES UP TO 11 OFFICE SUITES SOME OF WHICH ARE CONNECTED FOR LARGER USERS. PREVIOUS TENANTS INCLUDED MORRIS CHAMBER OF COMMERCE, LAW FIRM, INSURANCE, ETC. NEW FURNACE AND CENTRAL AIR INSTALLED BUT NEEDS REHAB. HAS NOT BEEN LEASED IN A NUMBER OF YEARS. ALL UTILITIES ARE SEPARATE. MAIN FLOOR COMMERCIAL UNITS HAVE BASEMENTS. ALL LONG TERM TENANTS, 10 PLUS YEARS. RENTS CURRENTLY BELOW MARKET. ALL TENANTS INDICATE WILLINGNESS TO REMAIN BUT ARE CURRENTLY ON MONTH TO MONTH. NEW ROOF 2005, NEW FURNACE AND CENTRAL AIR IN A COUPLE OF THE DOWNSTAIRS RETAIL UNITS AND MANY UPGRADES.

Full Features

Built:

1885

Cooling System:

Central Air

Stories:

Roof:

Membrane

Current Use:

Commercial, Other

Potential Use:

Retail

Zoning:

OTHER

# of Offices:

Building Square Feet:

6,720

Current Net Income:

$31,507

Taxes & Assessments

Tax Amount:

$6,493

Tax Year:

2016

Location

Zip Code:

60450

City:

Morris

County:

Grundy

Listing Office: Advantage Realty, Inc

Listing Office Phone: 815.942.5252

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/26/2023 at 3:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

New Listings in Morris, IL

Recently Sold Homes in Morris, IL

Popular Neighborhoods near Morris, IL

300 Liberty Street is a commercial / mixed use which sold for $325,000. This commercial / mixed use has been listed on @properties since August 29th, 2016 and was built in 1885.