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Two-Lot Residential Redevelopment Land
For Sale
Under Contract
$70,000

523 Bedford Road, Morris, IL 60450

LAND - Morris, IL

Property SizeContact for details
Lot Size0.32 Acres
Days on Market56

Property Features for 523 Bedford Road

General Information

Property type Land
Property subtype Other
Elementary school Morris Grade School
Middle school Morris Grade School
High school Morris Community High School
Elementary school district 54
Middle school district 54
High school district 101
Directions 80W to US Rt 47 South to Rt 6 West
Subdivision Morris
Standard status Active Under Contract
APN 0504202011
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6569

Utilities

Utilities Natural Gas Available
Heating system Natural Gas
Cooling system Window Unit(s)
Listing Agency: Keller Williams Infinity · Keller Williams Realty
Listed By: Brooke Olson · License #475186243
Added: Jun 24 Changed: Aug 16 Last Checked: Aug 18 at 1:06PM
MLS# 12687329

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is a two-lot residential property totaling 0.32 acres and includes an existing residence. The home is described as requiring significant renovations, with options to renovate or consider redevelopment or tear-down based on buyer plans.

The property is located in Morris, Illinois at 523 Bedford Road. Public remarks note the site’s visibility and exposure along Route 6, and that it is surrounded by commercial properties.

For due diligence, buyers should review zoning and redevelopment requirements. This site is being marketed for investors and redevelopment-focused users seeking a parcel with frontage along a high-traffic corridor.

Key Highlights

  • .32‑acre, two‑lot property on high‑traffic Route 6
  • Existing residence on site; may be renovated or considered for redevelopment/tear down
  • Zoned residential and surrounded by commercial properties

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Hair Salon HVAC Service Garden Center Parking Lot & Garage Furniture & Home Goods

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
Paved road access

Location Intelligence

Trade Area within ½ mile

742
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two-lot property in Morris, IL with an existing residence on a 0.32-acre parcel near commercial neighbors.
Where is this residential land & home lot located?
The property is located at 523 Bedford Road Morris, IL.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: .32‑acre, two‑lot property on high‑traffic Route 6; Existing residence on site; may be renovated or considered for redevelopment/tear down; Zoned residential and surrounded by commercial properties
More about this property
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