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Residential Development Land in Morris
For Sale
$750,000
Pending

Locust Road lot 137, Morris, IL 60450

LAND - Morris, IL

Lot Size15.54 Acres
Days on Market114

Property Features for Locust Road lot 137

General Information

Property type Land
Property subtype Other
Zoning SINGL
Elementary school Saratoga Elementary School
Middle school Saratoga Elementary School
High school Morris Community High School
Elementary school district 60C
Middle school district 60C
High school district 101
Directions Route 6 to Ashton Rd to Locust Rd
Subdivision Morris
Standard status Pending
APN 0232326013
Lot size 15.54 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 645

Utilities

Utilities Water Available
Listing Agency: Brummel Properties, Inc.
Listed By: Laura Tomsa · License #471016446
Added: Apr 8 Changed: May 13 Last Checked: Jul 30 at 4:06PM
MLS# 12613597

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.

Located in the Deer Ridge subdivision of Morris, Illinois, this 15.54-acre residential development site is situated minutes from the I-80/Rt 47 interchange. Designed for approximately 40 single-family residential lots, the parcel benefits from onsite utilities, streamlining the construction process. Existing entry monuments, green space, retention areas, and a city park are already in place. The neighborhood features elegant entranceways, wide streets with sidewalks, and an onsite pond. The park, within walking distance, includes a walking path, sledding/exercise hill, playground equipment, and two baseball fields. As the final phase of the Deer Ridge subdivision, the development offers premium living spaces within a well-established community surrounded by single-family homes. Residents have convenient access to schools, national chain restaurants, shopping, golf facilities, a hospital, Walmart, Menards, and a YMCA. Historic downtown Morris, with its restaurants, local businesses, bars, salons, dining options, bike rental services, and live music venues, is a short drive away. Positioned along I-80 in the southwest suburbs of Chicago, the location is near the Costco and Proctor & Gamble distribution centers, along with various new national restaurants and shops. This is an opportunity for builders to develop in a growing area with low inventory of new homes. The property is suited for a developer to complete the final phase of this subdivision.

Key Highlights

  • Final phase of the sought‑after Deer Ridge subdivision, offering immediate development potential.
  • Designed for approximately 40 single‑family residential lots with utilities conveniently onsite, reducing initial costs and streamlining construction.
  • Existing infrastructure includes entry monuments, green space, retention areas, and a city park, saving significant time and money.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

95
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 15.54-acre residential development site in Deer Ridge subdivision.
Where is this residential land & home lot located?
The property is located at Locust Road lot 137 Morris, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Final phase of the sought‑after Deer Ridge subdivision, offering immediate development potential.; Designed for approximately 40 single‑family residential lots with utilities conveniently onsite, reducing initial costs and streamlining construction.; Existing infrastructure includes entry monuments, green space, retention areas, and a city park, saving significant time and money.
More about this property
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