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    8815 Morris Il Morris, IL 60450

    Sponsored
    For Sale
    Contact for pricing

    Flexible Industrial Space, Excellent Location

    Property size:
    250,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 8815 N. Rt. Illinois 47 in Morris, Illinois (zip code 60450), offers a range of warehouse spaces from 250,000 to 1,900,000 square feet. Situated in a thriving business-friendly area, the property benefits from excellent visibility on Illinois Route 47 and enjoys strong labor demographics. Its strategic location provides unparalleled access to major transportation arteries, including a 1.3-mile proximity to the full I-80 interchange, 16 miles to the I-55 full interchange, and 28 miles to both UP and BNSF intermodal facilities. The property is fully annexed, zoned (M-1), and entitled, ensuring a streamlined development process. The site's convenient location offers easy access to a four-way interchange at I-80 via Route 47 (Division Street) and is less than 17 minutes from I-55. The flexible space options cater to a variety of business needs, making this an ideal location for companies seeking efficient and strategically located warehouse facilities in Grundy County, Illinois. This development is a partnership with Seefried Industrial Properties.

    Property Features for 8815 Morris Il

    General Information

    Property type
    Distribution properties
    Square Feet
    250,000 SF

    HighLights

    • Prime Morris, IL location with excellent highway access (1.3 miles to I‑80, 16 miles to I‑55), strong workforce, and high visibility on IL Route 47.
    • Fully entitled and ready for development.
    • Exceptional access to major interstates via I‑80 interchange (1.3 miles) and proximity to I‑55 (under 17 minutes).
    • Build‑to‑suit options available.
    • Developed in partnership with Seefried Industrial Properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Morris
    County
    Grundy
    State
    Illinois
    Longitude
    -88.4403883
    Latitude
    41.3906653

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    FAQs

    What type of property is this?
    Distribution property - Flexible Industrial Space, Excellent Location
    Where is this distribution property located?
    The property is located at 8815 Morris Il Morris, IL.
    What are key features of this property?
    This property features: Prime Morris, IL location with excellent highway access (1.3 miles to I-80, 16 miles to I-55), strong workforce, and high visibility on IL Route 47.; Fully entitled and ready for development.; Exceptional access to major interstates via I-80 interchange (1.3 miles) and proximity to I-55 (under 17 minutes).
    Request Owner's contact information
    8815 Morris Il Morris, IL 60450
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    Morris, IL 60450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8815 Morris Il Morris, IL 60450
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