513/517 Michael Dr., Morris, IL
Others for Sale - $289,500 - 2,080 Sq. Ft. on 0.13 acres
Agent Info
Shawn Hornsby CENTURY 21 Coleman-Hornsby |
Property Info
CIMLS# | 1147786 |
Location 513/517 Michael Dr. Morris IL 60450 | |
Updated | April 18th, 2024 |
Type | Others |
Price | $289,500 |
Building | 2,080 Sq. Ft. |
Land | 0.13 acres |
Property Description
This brick and vinyl commercial building is highly visible from a signaled intersection on busy west Rt.6 in Morris. This property has been owned by the seller for 31 years. It is fully depreciated so it is time for the next investor to add it to their portfolio. This attractive building has two commercial units on the first floor leased by a beauty salon and a construction company. The entire second floor is a two bedroom apartment, in very good condition, with a deck that overlooks green space. The appliances in the apartment are included in the sale. The parking lot is striped for 8 spaces. This building has been well maintained and features newer vinyl windows, a high efficiency boiler that is 6 years old, a water heater installed March 2023, and many other recent improvements. Apartment tenant and beauty shop tenant have leases in place. This is your chance to own a three unit income producing property in a great location in Morris!