802 Liberty Street, MORRIS IL 60450 Photo 1 802 Liberty Street, MORRIS IL 60450 Photo 2 802 Liberty Street, MORRIS IL 60450 Photo 3 802 Liberty Street, MORRIS IL 60450 Photo 4
Listing Courtesy of Century 21 Coleman-Hornsby

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802 Liberty Street - Here's an opportunity to invest in beautiful, nostalgic downtown Morris. With 6400 total sq. ft., this building has 4 upstair apartments which are currently leased to longterm tenants. The main floor is 3200 sq. ft. of space which can be used for retail or office space and is currently leased. This property also includes a detached 2 car garage, which is located in the rear of the building and is currently used for storage by the current owner but could be leased for additional income.

Listing information

  • MLS® ID: 09354476
  • Status: Active
  • New Construction: No
  • County: Grundy
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1898
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $5,659

Features

Air Conditioning Central Air, Window Unit/s
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Brick
Electrical Service Circuit Breakers, Fuses, Separate Meters
Exterior Building Type Brick
Fire Protection None
Foundation Stone
Franchisor Feed(y/n) No
Geographic Locale Southwest Suburban
Heat/Ventilation Forced Air, Gas
Information 24-Hr Notice Required, Listing Agent Must Accompany, Show-Call Listing Office
Location Central Business District
Misc Inside Basement
Other # Of Apts - 4, # Of Offices - 0, # Of Tenants - 5, # Of Units - 5, # Of Window/Ac - 4, Approx Total Bldg Sq Ft - 6400, Electricity Expense - 0, Fuel Expense - 0, Gross Rent Multiplier - 8.44, Gross Rental Income $ - 3050, Insurance Expense - 4000, Monthly Rental Price - 1000, Net Oper Income $ - 26741, Other Expenses - 0, Scavenger Expense - 0, Tax Year - 2015, Total Annual Exp - 5800, Total Annual Income - 36600, Total Monthly Income - 0, Township - Morris, Water Expense - 1800, Zoning Type - Commr
Potential Use Commercial, Retail
Property Type Mixed Use
Roof Coverings Rubber
Roof Structure Mansard, Pitched
Tenant Pays Air Conditioning, Electric, Heat
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site
Listing Courtesy of Century 21 Coleman-Hornsby