Address
310/312 Liberty Street, Morris, IL
Price
$ 799,000
Property Attributes
- MLS#11940000
- TypeCommercial
- CountyGRUNDY
- CityMorris
- AreaMorris
- Zip60450
- StyleCommercial
- Year Built1915
- Taxes$ 10099
- Price$ 799,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8700
- Lot Size3,600 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Very well maintained and total recent rehab of these two centrally located downtown Morris buildings on Liberty Street. Presently one PIN but could be separated after purchase. Currently used for food and beverage operation. Business is not included. There are kitchens in the back of both buildings and all equipment remains. 310 building has large main floor dining/gathering space and a kitchen. The second floor has two additional dining/party rooms. One with main floor exterior access. 312 building features a bar and dining area on both floors, his & her bathrooms on both floors and an additional party room on the second floor. First floor features full kitchen. Second floor also has exterior access. Finishing this building is a completely finished basement featuring walk-in coolers, freezers and dry storage. Additional kitchen prep space also. Different design elements throughout the building, such as stone fireplace, brick walls extensive use of corrugated steel and chain link fencing for a unique design feature. One of the only downtown buildings which features elevator access between floors. Current tenant would like to remain if possible.
| Price History | |
|---|---|
| 12/5/2023 | Listed $799,000 |
General Features
| Cooling | Central Air,Zoned,Ceiling Fan(s) |
|---|---|
| Possession | Closing |
| Roof | Composition,Membrane |
| Zoning | COMMR |
| Year Built | 1915 |
| Electric | Circuit Breakers,Separate Meters,Service - 101 to 200 Amps,Service - 201 to 600 Amps |
| Tenant Pays | Air Conditioning,Electricity,Heat,Janitorial Service,Sewer |
| Stories | 2 |
| Township | Morris |
| Property SubType | Neighborhood Storefront |
| Tax Year | 2022 |
| Current Use | Commercial |
| Gross Income | 52000 |
| County | Grundy |
| Net Operating Income | 39080 |
| Insurance Expense | 2821 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Rt. 47 to Jefferson Street,West to Liberty Street,South on Liberty to property on right. |
| City | Morris |
| Total Units | 1 |
| MLS Area | Morris |
| Lot Size Square Feet | 3600 |
| Street Name | Liberty |
| Tax Annual Amount | 10099 |
| Additional Parcels Y/N | No |
| Days on Market | 99 |
| Standard Status | Active |
| Property Type | Retail/Stores |
Interior Features
| Flooring | Concrete,Tile,Wood |
|---|---|
| Street Suffix | Street |
Exterior Features
| Building Area Total | 8700 |
|---|---|
| Lot Dimensions | 40 X 90 |
| Frontage Type | City Street |
| Exterior | Brick,Cedar |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60450
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 17, 2024 7:43 PM UTC 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.
Data is updated as of May 17, 2024 7:43 PM UTC
