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    Minooka, IL Mazon, IL Diamond, IL Coal City, IL Verona, IL Newark, IL Seneca, IL Wilmington, IL
    5-Unit Apartment Building with Garage
    Updated: Jun 8
    5-Unit Apartment Building with Garage

    1015 douglas Street E, Morris, IL 60450

    $600,000
    5 apartments with a mix of 1‑bedroom and 3‑bedroom units
    Approximately 2400 sq ft storage garage with overhead doors at the front and rear
    Garage includes a separate side entrance for access
    Unit mix includes two 1‑bedroom/1‑bath, two 3‑bedroom/1‑bath, and one 3‑bedroom/2‑bath residence
    Currently fully rented
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    Multifamily with Storage Garage
    Updated: May 1
    Multifamily with Storage Garage

    1015 Douglas Street, Morris, IL 60450

    $600,000
    Fully rented 5‑unit apartment building plus a large storage garage with overhead doors at the front and back
    Garage includes drive‑through access (front and back overhead doors) plus a side entry
    Storage garage space is used to generate additional revenue for cars, boats, RVs, jet skis, and motorcycles
    Year built: 1950; main level includes refreshed 1BR/1BA (apt 5) formerly shop office
    Units 1, 2, and 3: 3BR/1BA (apts 1 and 2) with tenants paying electric and gas forced‑air heat; 3BR/2BA (apt 3) with tenant paying gas forced‑air heat
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    See hot listings in Morris

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Morris, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    6-Unit Townhouse-Style Apartment Building
    6-Unit Townhouse-Style Apartment Building

    101 Nicholson Street, Joliet, IL 60435

    $950,000
    0.25 AC lot

    Two-story residences feature private basements, individual layouts, and dedicated off-street parking.

    View details
    Six-Unit Brick Apartment Building
    Six-Unit Brick Apartment Building

    219 Youngs Avenue, Joliet, IL 60432

    $640,000
    0.17 AC lot

    Updated apartments offer separate utilities, private rear access, and on-site parking in Joliet.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1119 Elizabeth Ct, Crest Hill, IL 60403

    $925,000
    4,000 sqft

    All-electric multifamily property with updated building systems, resident-paid electric, and on-site laundry facilities.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1119 Elizabeth Court, Crest Hill, IL 60403

    $925,000
    0.23 AC lot

    Brick construction with central air, newer major systems, and shared laundry facilities.

    View details

    Morris, IL Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Morris, IL on our real estate platform.

    Sale prices for two-family homes in Morris, IL average $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 21K
    Population Growth (5Y) +2.2%
    Median Household Income $81,716
    College Educated 33.9%

    High-Yield Neighborhoods for Investment

    Identify Morris submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60450 $600K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grundy County

    New Delisted

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