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    Grundy County, IL Medical Office Space for Sale

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    Versatile Building on Large Lot
    Updated: Oct 22, 2024
    Versatile Building on Large Lot

    1561 N Division Street, Morris, IL 60450

    $550,000
    2,484 sqft 8.34 AC lot
    Large 8.43‑acre lot with adjacent vacant land included.
    Versatile 4,600 sq. ft. building with 2,300 sq. ft. on the main level and a 2,300 sq. ft. basement.
    Ten exam rooms, including eight with plumbing, three bathrooms, reception area, and two private offices.
    Full basement that was once finished and could be restored.
    Ample parking and excellent visibility.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1561 N Division Street, Morris, IL 60450

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $34K
      Annual

    • Price @ 7% Cap

      $489K
      Suggested

    • Last Sold

      Feb 2021
      $340K
    View Property Analytics
    Former Medical Office Building
    Updated: Oct 22, 2024
    Former Medical Office Building

    1561 N Division Street, Morris, IL 60450

    $550,000
    4,600 sqft 8.34 AC lot
    Large 8.43‑acre lot with adjacent vacant land included.
    Versatile 4,600 sq. ft. building (2,300 sq. ft. main level and 2,300 sq. ft. basement).
    Features 10 exam rooms (8 with plumbing), 3 bathrooms, reception area, and 2 private offices.
    Full basement that can be restored for additional usable space.
    Ample parking and excellent visibility for businesses.
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Grundy County, IL, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Lot on Eola Road
    Commercial Lot on Eola Road

    2234 S Eola Road, Aurora, IL 60503

    $475,000
    1.06 AC lot

    Commercial lot with frontage on Eola Road in Aurora, IL.

    View details
    Mokena Commercial Land Opportunity
    Mokena Commercial Land Opportunity

    Lot 16 191st Street, Mokena, IL 60448

    $1,275,000
    8.57 AC lot

    Prime commercial land available in Mokena's 'Great Corridor'.

    View details
    Westmont Commercial Land For Sale
    Westmont Commercial Land For Sale

    3920 N CASS Avenue, Westmont, IL 60559

    $399,500
    0.17 AC lot

    Vacant lot suitable for commercial or residential development.

    View details
    Crestwood Commercial Lot on Cicero
    Crestwood Commercial Lot on Cicero

    14101 South Cicero Avenue, Crestwood, IL 60418

    $749,900
    1.00 AC lot

    Prime commercial lot in Crestwood business district with high exposure.

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    Off-Market Properties in Grundy County, IL

    Consider similar Off-Market properties in Grundy County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1600 Us-6
    Medical Office Space

    1600 Us-6, Morris, IL 60450

    Value Estimation by Request
    19,000 sqft 3.00 AC lot
    View details

    Grundy County, IL Medical Office Space Market Trends and Statistics

    Explore 3 medical office space for sale in Grundy County, IL on our real estate platform. These investment opportunities span a total of 7,084 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for medical spaces in Grundy County, IL average $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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