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Shopping Center Retail/Office Suite with Mezzanine
For Lease
$13 SF/Yr

180 E Waverly St, Morris, IL 60450

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

Space Size9,300 SF
Days on Market50

Property Features for 180 E Waverly St

General Information

Standard status Active
Size 9,300 SF
Net Rentable 9,300 SF

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 #471015656
Source: Grandviewrealtyservices
Added: Jul 28 Changed: Sep 8 Last Checked: Sep 14 at 1:21PM

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

774
Businesses Nearby
141k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 31% Groceries 24% Home Improvements & Furnishings 4%
Jewel-Osco Groceries
34,474 visits/mo 0.1 miles
McDonald's Dining
28,164 visits/mo 0.3 miles
Circle K Shops & Services
15,287 visits/mo 0.3 miles
Casey's General Store Shops & Services
12,712 visits/mo 0.4 miles
Taco Bell Dining
10,065 visits/mo 0.5 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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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 St Morris, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
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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