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Retail Space with Pylon Signage
New
For Lease
$13 SF/Yr

180 E WAVERLY Street, Morris, IL 60450

Divisible retail or office space with planned storefront upgrades and prominent placement among established commercial tenants.

Space Size9,300 SF
Days on Market4

Property Features for 180 E WAVERLY Street

General Information

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

Space & Availability

Available Space 9,300 SF
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 Family Restaurant, F.S. Grain Corporate Headquarters
Traffic Count 22,000 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

pylon sign

Building Details

Year Built 1968
Stories 1
Units 4
Tenancy Multi
Listing Agency: Century 21 Coleman-Hornsby
Listed By: Shawn Hornsby · License #471015656
Source: Ozmentrealestate
Added: Aug 7 Changed: Aug 8 Last Checked: Aug 9 at 1:12PM

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 retail and office space is available for lease within an established shopping center. The layout measures approximately 76 feet wide by 117 feet deep and includes an 11.5-by-53.5-foot mezzanine at the rear. The space may be divided, and the owner plans to install new storefront doors and windows. Zoning is COMMR.

The property fronts Illinois Route 47, which carries more than 22,000 vehicles per day according to the Illinois Department of Transportation. It sits between Fitness Premier and Lady Lux/Turtle's Restaurant, with Turtle's Family Restaurant, Fitness Premier Health Club, and F.S. Grain Corporate Headquarters among the surrounding businesses. Jewel-Osco is adjacent, and Walgreens is located one-half block away. A 3' x 14' panel on the shopping center's illuminated pylon sign is included.

Key Highlights

  • Approximately 9,300 SF of retail and office space available for lease
  • Space measures approximately 76' wide x 117' deep, plus an 11.5' x 53.5' rear mezzanine
  • Divisible layout with planned installation of new storefront doors and windows

Property Analytics

Current Use

Retail space

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
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

794
Businesses Nearby

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?
Retail space - Divisible retail or office space with planned storefront upgrades and prominent placement among established commercial tenants.
Where is this retail space located?
The property is located at 180 E WAVERLY Street 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 and office space available for lease; Space measures approximately 76' wide x 117' deep, plus an 11.5' x 53.5' rear mezzanine; Divisible layout with planned installation of new storefront doors and windows
More about this property
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