Medical Premises

Morris, IL Medical Office Space for Sale

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Minooka, IL Mazon, IL Verona, IL Diamond, IL Coal City, IL Wilmington, IL Seneca, IL Braidwood, IL
Medical Office Building with Basement
Updated: Oct 22, 2024
Medical Office Building with Basement

1561 N Division Street, Morris, IL 60450

$550,000
8.34 AC lot
4,600 sq. ft. building with 2,300 sq. ft. main level and 2,300 sq. ft. basement
10 exam rooms, including 8 equipped with plumbing
3 bathrooms, reception area, and 2 private offices
Adjacent vacant land included in the sale
1983 construction with central air conditioning
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Medical Office Building with Basement
Updated: Apr 4
Medical Office Building with Basement

1561 N Division St, Morris, IL 60450

$550,000
2,484 sqft
10 exam rooms, with 8 already outfitted with plumbing
Full basement with prior finished use and restoration potential
3 bathrooms, spacious reception area, and 2 private offices
8.43‑acre lot with adjacent vacant land included in the sale
Constructed in 1983
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Medical Office Building with Parking
Medical Office Building with Parking

114 W. Waverly St., Morris, IL 60450

Contact for pricing
1,900 sqft

Accessible one-story medical office with exam rooms, patient reception, staff amenities, and paved on-site parking.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Morris, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Occupied Medical Office Building
Occupied Medical Office Building

903 129th Infantry Dr, Joliet, IL 60435

$2,427,000
17,312 sqft 2.23 AC lot

Healthcare-focused office property with multiple established medical specialties and full occupancy.

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Office Condo with Flexible Layout
Office Condo with Flexible Layout

16007 Executive Dr, Crest Hill, IL 60403

$585,000
3,158 sqft

Open-plan workspace includes a kitchen, private meeting room, and dedicated server storage.

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Move-In Ready Office Building
Move-In Ready Office Building

2435 Glenwood Ave, Joliet, IL 60435

$1,250,000
10,311 sqft

Freestanding, recently renovated office building with finished lower level and on-site parking near a medical center.

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Single-Story Office Building
Single-Story Office Building

1640 Willow Circle Drive, Crest Hill, IL 60435

$1,900,000
1.47 AC lot

Multi-suite property supports medical, professional office, financial services, and potential retail conversion uses.

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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 Land with Road Frontage
Commercial Land with Road Frontage

2234 S Eola Road, Aurora, IL 60503

$475,000
1.06 AC lot

Commercial land in Aurora with COMMR zoning and stated flexibility for several business uses.

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Off-Market Properties in Morris, IL

Consider similar Off-Market properties in Morris, 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
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Morris, IL Medical Office Space Market Trends and Statistics

Explore 4 medical office space for sale in Morris, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,384 square feet of properties for sale, with an estimated market value of $1,100,000.

Sale prices for medical spaces in Morris, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office buildings 7
Office Units 7
Medical Office Space 3

Demographics Overview

Population 21K
Population Growth (5Y) +2.2%
Median Household Income $81,716
College Educated 33.9%

High-Yield Neighborhoods for Investment

Identify Morris submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60450 $550K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grundy County

New Delisted

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