513/517 Michael Drive Unit# 513, Morris, IL 60450

  • $279,500
  • $329,000
513/517 Michael Drive Unit# 513, Morris, IL 60450
For Sale
513/517 Michael Drive Unit# 513, Morris, IL 60450
  • $279,500
  • $329,000

Overview

Property ID: 19610655
  • Commercial Sale
  • Property Type
  • 1966
  • Year Built

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! Seller financing available.

  • Address 513/517 Michael Drive Unit# 513
  • City Morris
  • State/county IL
  • Zip/Postal Code 60450
  • Country United States

Details

Updated on August 25, 2024 at 5:12 am
  • Property ID: 19610655
  • Price: $279,500
  • Year Built: 1966
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 2080
  • MLS#: MRD11875775
  • Office Name: CENTURY 21 COLEMAN-HORNSBY
  • Agent Name: Shawn Hornsby
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD79987
  • List Agent MLSID: MRD702003
  • List Date: 2023-09-02T05:59:58.000Z
  • Roof: Composition
  • Cooling: Window Unit(s)
  • Tax Annual: 4187.52
  • Tax Year: 2022
  • Flooring: Carpet,Tile,Varies
  • County: Grundy
  • Property SubType: Mixed Use

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