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Shopping Center Retail/Office Suite with Mezzanine
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For Lease
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180 E WAVERLY Street, Morris, IL 60450

Highly visible retail/office space in a Morris shopping center with a back mezzanine and improvements planned for new storefront access.

Property Size9,300 SF
Days on Market7

Property Features for 180 E WAVERLY Street

General Information

Standard status Active
Size 9,300 SF
Net Rentable 9,300 SF
Property subtype Retail

Space & Availability

Contiguous Space 9,300 SF
Divisible Yes
Space Use Office
Sublease No

Site & Location

Frontage 76 ft
Pylon Signage Yes
Anchor Co-Tenants Fitness Premier, Lady Lux/Turtle's Restaurant, Turtle's Family Restaurant, F.S. Grain Corporate Headquarters
Traffic Count 22,000 vehicles/day
Highway Access Yes

Building Details

Year Built 1968
Tenancy Multi
Listing Agency: Century 21 Coleman-Hornsby
Listed By: Shawn Hornsby · License #IL
Source: Crexi
Added: Jul 25 Changed: Jul 30 Last Checked: Jul 30 at 3:33AM

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 Century 21 Coleman-Hornsby

Investment Insights

Based on property information with market context.

Approximately 9,300 square feet of highly visible retail/office space is available for lease within one of Morris’ shopping centers along busy Illinois Route 47. The space is positioned between Fitness Premier and Lady Lux/Turtle's Restaurant, with named co-tenancy including Turtle's Family Restaurant, Fitness Premier Health Club, and the F.S. Grain Corporate Headquarters.

The location provides exceptional exposure on Route 47, with IDOT-reported traffic exceeding 22,000 vehicles per day. It is also convenient to nearby retail and services, just one-half block from Walgreens and adjacent to Jewel-Osco.

The offered space is approximately 76' wide by 117' deep, plus an 11.5' by 53.5' mezzanine level at the back. For signage and visibility, the center includes a generous 3' by 14' panel on the illuminated pylon sign. To support tenant branding and operations, the owner will install new storefront doors and windows. The space could be divided, and CAD drawings are available in the photos. The property was built in 1968.

Key Highlights

  • Approximately 9,300 SF of retail/office space available for lease
  • IDOT‑reported exposure to more than 22,000 vehicles per day on Route 47
  • Positioned between Fitness Premier and Lady Lux/Turtle's Restaurant in Morris

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Electrical Service Garden Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Catering Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

794
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60450, IL

20,877
Population
9,306
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
94%
High-School Grad
157.6 sq mi
ZIP Area
132
Density / Sq Mi
$81,716
Median Household Income
$45,813
Median Earnings
$1,122
Median Rent
$266,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Highly visible retail/office space in a Morris shopping center with a back mezzanine and improvements planned for new storefront access.
Where is this shopping center located?
The property is located at 180 E WAVERLY Street Morris, IL.
What are key features of this property?
This property features: Approximately 9,300 SF of retail/office space available for lease; IDOT‑reported exposure to more than 22,000 vehicles per day on Route 47; Positioned between Fitness Premier and Lady Lux/Turtle's Restaurant in Morris
More about this property
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