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Land Parcel with RT 47 Frontage
For Sale
$3,338,750

3948 Division Street Morris, Morris, IL 60450

Frontage on RT 47 plus an included private residence offers flexibility for retail, commercial, or warehouse-oriented use.

Property SizeContact for details
Days on Market52

Property Features for 3948 Division Street Morris

General Information

Standard status Active
Property subtype Land
Zoning AGRIC

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $1,627

Amenities

Well
State Road
355X340X200X340X175X1200X600X1320X1300X2525
53.42
No
355
Asphalt
Listing Agency:
Listed By: Jaycee Ochoa
Source: Remaxadream
Added: Jun 30 Changed: Aug 8 Last Checked: Aug 8 at 8:04AM

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 Jaycee Ochoa

Investment Insights

Based on property information with market context.

This for-sale land parcel includes frontage on RT 47 and offers flexibility for multiple commercial directions, including retail, general commercial use, or possible warehouse-oriented use. A private residence is included as part of the property.

The parcel is adjacent to a mixed commercial use area just to the north of the RT 47 and I-80 interchange at Morris, IL. With access via RT 47, the property is positioned for businesses seeking visibility and straightforward routing.

For tenants, buyers, and operators, the combination of RT 47 frontage and on-site residence can support a variety of planning approaches, depending on the intended end use and development concept. Those considering retail or commercial development may value the main-road frontage, while warehouse-focused users can evaluate the site for logistics and facility layout. The property’s mixed-use surroundings and interchange proximity may also be relevant for site selection and customer access planning.

Key Highlights

  • 53.42‑acre property with frontage on RT 47 (road surface: asphalt)
  • Frontage length of 355 on RT 47 with lot dimensions listed as 355x340x200x340x175x1200x600x1320x1300x2525
  • Water source: well

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Auto Parts Store Big Box & Wholesale Store

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

82
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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Frontage on RT 47 plus an included private residence offers flexibility for retail, commercial, or warehouse-oriented use.
Where is this commercial land located?
The property is located at 3948 Division Street Morris Morris, IL.
What is the asking price?
The asking price for this property is $3,338,750.
What are key features of this property?
This property features: 53.42‑acre property with frontage on RT 47 (road surface: asphalt); Frontage length of 355 on RT 47 with lot dimensions listed as 355x340x200x340x175x1200x600x1320x1300x2525; Water source: well
More about this property
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