Multifamily with Storage
1015 Douglas Street Morris, IL 60450
1015 Douglas Street, Morris, IL, 60450
$600,000
For Sale
$600,000
Fully rented 5-unit apartment building with a large storage garage and overhead doors for drive-through access.
Days on Market86
Property Features for 1015 Douglas Street
General Information
- Standard status
- Active
- Property subtype
- Multi Family 5+ / Multi Family 5+-Other
Building Details
- Year Built
- 1950
Listing Agency
Crosstown REALTORS Inc
(815) 482-8734
Listed by
Karen Robertson · License #471002185
(815) 482-8734
Source
Compass
Added: Apr 24 Checked: Jul 17 at 2:27 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crosstown REALTORS Inc
Investment Insights
Based on property information with market context.
This for-sale multifamily property features five income-producing apartments and a large storage garage designed to generate additional revenue. The storage garage includes overhead doors at both the front and back for easy in-and-out access, along with a side entry. Apartment mix includes one 1 bed/1 bath unit on the main level and multiple 1 bed/1 bath and larger 3 bed/2 bath units upstairs.
The building is currently fully rented. Units 1 and 2 (upstairs) and apartments 4 and 5 are described as having electric and gas forced-air heat or electric baseboard heat depending on the unit. Tenants pay for electric and gas for the forced-air heated units, while utilities are indicated as included in rent for units 4 and 5. The owner covers water/sewer/dumpster, which is described as averaging $660 per month, as well as electric for common area and units 3, 4, and 5.
The building is currently fully rented. Units 1 and 2 (upstairs) and apartments 4 and 5 are described as having electric and gas forced-air heat or electric baseboard heat depending on the unit. Tenants pay for electric and gas for the forced-air heated units, while utilities are indicated as included in rent for units 4 and 5. The owner covers water/sewer/dumpster, which is described as averaging $660 per month, as well as electric for common area and units 3, 4, and 5.
Key Highlights
- 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
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully rented 5-unit apartment building with a large storage garage and overhead doors for drive-through access.
Where is this apartment building located?
The property is located at 1015 Douglas Street Morris, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 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
