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    Morris, IL
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    Morris, IL Multifamily Properties for Sale

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    Minooka, IL Mazon, IL Diamond, IL Coal City, IL Seneca, IL Wilmington, IL Marseilles, IL Braidwood, IL
    Mixed-Use Multifamily with Storage
    Updated: Jun 8
    Mixed-Use Multifamily with Storage

    1015 douglas Street E, Morris, IL 60450

    $600,000
    5 income‑producing apartments in Morris, currently fully rented
    Includes a large storage garage (~2,400 SF) for cars, boats, RVs, jet skis, and motorcycles, with overhead doors front and back plus a side entry
    Main level: refreshed 1 bed/1 bath apartment (Apt 5), formerly shop office, with utilities included and electric baseboard heat
    Upstairs: 1 bed/1 bath apartment (Apt 4) with utilities included and electric baseboard heat
    Upstairs unit mix includes two 3 bed/1 bath apartments (Apts 1 and 2) and one 3 bed/2 bath apartment (Apt 3), with tenants paying electric and gas forced air heat (and owner paying water/sewer/dumpster average $660/mo)
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    Two-Unit All-Brick Ranch Duplex
    Updated: Jun 24
    Two-Unit All-Brick Ranch Duplex

    301-303 Carriage Drive, Morris, IL 60450

    $445,000
    All‑brick ranch two‑unit property in Saratoga School District
    Each unit has 2 bedrooms and 1.5 baths with private in‑unit main floor laundry
    Attached 1‑car garage plus full basements for each unit
    Public water and public sewer; heating uses natural gas
    Separately metered utilities paid by tenants
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    All-Brick Two-Unit Ranch Duplex
    All-Brick Two-Unit Ranch Duplex

    301-303 Carriage Drive, Morris, IL 60450

    $445,000
    2,560 sqft

    Two separate two-bedroom units each include 1.5 baths, in-unit laundry, and attached garages.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multifamily with Storage Garage
    Multifamily with Storage Garage

    1015 Douglas Street, Morris, IL 60450

    $600,000

    Fully rented 5-unit apartment building with a large storage garage and overhead doors for drive-through access.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Morris, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    RV Park Lot with Travel Trailer
    RV Park Lot with Travel Trailer

    2795 E 28th Lot 621 Road, Seneca, IL 61360

    $35,000
    0.11 AC lot

    Flat lot in a gated RV community backing to a creek; includes a 2018 travel trailer and new rooftop A/C.

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    RV Campground Lot with Trailer
    RV Campground Lot with Trailer

    2795 E 28th Lot 1438 Road, Seneca, IL 61360

    $30,000

    Lot 1438 includes a 1998 32-foot one-bedroom travel trailer and covered deck in a gated RV campground.

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    Turnkey RV Park Model on Corner Lot
    Turnkey RV Park Model on Corner Lot

    2795 East 28th Road, Marseilles, IL 61341

    $54,900

    Fully furnished 1988 park model on a gated community corner lot with updated interior and outdoor living improvements.

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    RV Park Lot with Wooded Backdrop
    RV Park Lot with Wooded Backdrop

    2795 East 28th Road, Marseilles, IL 61341

    Contact for pricing

    Gated RV campground lot with a deck needing TLC and storage shed, backing up to a wooded common area.

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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.

    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

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    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

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    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Commercial Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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    Morris, IL Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Morris, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 2,560 square feet of properties for sale, with an estimated market value of $2,090,000.

    Sale prices for multifamily properties in Morris, IL start at $445,000, averaging $522,500, and reaching up to $600,000 — 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

    Apartment buildings 2
    Duplexes 2

    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 $522.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grundy County

    New Delisted

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