$165,000
$205,000
19.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
5,227 Sqft Lot
SOLD DATE : 04/14/2025
Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12140722
Sold Date 04/14/25
Style Traditional
Bedrooms 4
Year Built 1920
Annual Tax Amount $4,063
Tax Year 2022
Lot Size 5,227 Sqft
Lot Dimensions 44X121
Property Sub-Type Two to Four Units
Property Description
2-Unit Just Blocks From Downtown Morris. Both Units Have 2 Bedrooms And 1 Bathroom. There Is Also A Basement And A 2-Car Garage. Both Tenants Are LONG-Term And Would Like To Stay. Owners Are Letting This One Go Because They Are Relocating. As-Is. Don't Miss Out On This Outstanding Investment Opportunity! BUYERS: Morris rents for these units could be anywhere from $1400-$1600 at current rates. That would value the property at $280,000-$320,000. This Is Priced In Accordance With The Work That Needs To Be Done And The Relocation Of The Owners (So They Cannot Complete The Work Themselves). There Is Plenty Of Equity Available For You!
Location
State IL
County Grundy
Area Morris
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Morris Grade School
Middle Schools Morris Grade School
High Schools Morris Community High School
School District 54 , 54, 101
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Jamie Haake • Re/Max Ultimate Professionals
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "