Property for Sale: 300 LIBERTY, MORRIS, IL 60450 SOLD

$325,000
$325,000
300 LIBERTY, MORRIS, IL 60450 SOLD
$325,000
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Selling Price: $325,000
Original List Price: $348,000
Sold at 93.4% of list price
Sold Date: 08/10/2018

Type Commercial
Year Built 1885

City MORRIS
County Grundy

MLS 09327959
Status Closed
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.

Lot & Building Features

Construction Brick, Stone
Cooling Central Air
Tax Year 2016
Lot Dimensions 40X91 ft

Price History of 300 LIBERTY, MORRIS, IL

Date Name Price Difference
12/31/1969 Listing Price $325,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 300 LIBERTY, MORRIS, IL

Location Map Street View
Photo of Nancy Hotchkiss
Direct: 312-339-3405
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Advantage Realty, Inc, Stephen Barr
Sold by Realty Executives Elite, Christopher Knollin
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20%
1%
6.75%
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$
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Advantage Realty, Inc