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Listing provided courtesy of Crosstown REALTORS IncMREDas Distributed by MLSGrid- MLS# 12632988MLS Provider

1015 douglas Street EMorris, IL 60450

Commercial · 7 Beds
$600,000 Active

1015 douglas Street E Overview

Time on Site:
21 days
Visits:
0

A terrific opportunity in Morris! 5 income producing apartments AND a large storage garage, approx 2400 sq ft, which brings in additional revenue storing cars, boats, Rv's jet skis, motorcyles etc. overhead doors front and back provide easy in and out, plus there's a side entry. The building is currently fully rented. The main level features a refreshed 1 Bed, 1 Bath, (apt 5) which used to be the former shop office, utilities included in rent, electric baseboard heat. Upstairs, find another 1 bedroom, 1 bath residence, (Apt 4) utilities also included in rent, electric baseboard heat. Also upstairs, 2 units with 3 beds/1 bath, (apts 1 and 2)Tenants pay for electric and gas forced air heat. One 3 bedroom, 2 bath, tenant pays gas forecd air heat, (Apt 3). Owner pays water/sewer/dumpster averaging 660/mos and electric for common area and units 3,4,5.

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1015 douglas Street E Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 73500
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1950

Location/Region

  • County Or Parish: Grundy
  • MLS Area Major: Morris

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $5,352.84
  • Tax Year: 2024

General Information

  • Parcel Number: 0503405004
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

General Information

  • Basement: None
  • Cooling: Window Unit(s)
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 73 x 133.55

Building Exterior/Construction

  • Construction Materials: Wood

General Information

  • Number Of Units Total: 5

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 3
  • Baths Total: 2
  • Units Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

1015 douglas Street E Neighborhood

Community

60450 (Morris) Demographics

40
Median Age
124
Population Density (per sq. mile)
35%
College Educated
$72,505
Estimated Median Income
5,436
Estimated Total Home Owners
3,285
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1015 douglas Street E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1015 douglas Street E Market Data

Based on the last 30 days in this zip code

$398,275
Average List Price
$193
Average Price per Square Foot
17
Properties Sold
48
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

1015 douglas Street E History

Date Event Value Agent
6/13/2026Source: MRED Status Change
Active
6/8/2026Source: MRED Added to Database
June 08, 2026