Morris, IL Office Spaces for Sale

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Minooka, IL Mazon, IL Diamond, IL

Updated: Oct 23, 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%
Above avg (5.9%)
Est. NOI

$33K
Annual
Mortgage

$259K
May 1998
Last Sold

Feb 2021
$340K

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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.

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Remodeled Executive Office Suite

115 W Main Street, Morris, IL 60450

$225,000

Move-in-ready suite with reception, private office amenities, and five on-site parking spaces in downtown Morris.

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Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 3 Active listings in Morris, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, 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.

Downtown Wilmington Mixed-Use Investment

116-118 S Water Street, Wilmington, IL 60481

$1,165,000

0.30 AC lot

Turnkey, leased mixed-use property in downtown Wilmington.

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Flex Building with Two-Bay Car Wash

1135 S Water Street, Wilmington, IL 60481

$2,500,000

4.06 AC lot

Flexible commercial building with private offices, large shop space, and an on-site two-bay car wash.

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Versatile Commercial Building in Coal City

275 S Broadway Street, Coal City, IL 60416

$222,500

Free-standing commercial building in Coal City's downtown area.

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Downtown Coal City Historic Building

335 S Broadway St, Coal City, IL 60416

$200,000

2,200 sqft

Remodeled historic building in downtown Coal City's business district.

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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 Building on Main Street

146 E Main Street, Braidwood, IL 60408

$145,000

1,600 sqft · 0.36 AC lot

1,600 sq ft commercial building on busy Main Street.

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Plainfield, IL Commercial Land

Dayfield Drive, Plainfield, IL 60544

$575,000

1.87 AC lot

1.87 acre commercial land for sale in Plainfield, IL.

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Land in Plainfield, Illinois

Dayfield Drive lot: 1-3, Plainfield, IL 60544

$2,975,000

7.88 AC lot

7.88 acre commercial land available in Plainfield, Illinois.

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Commercial Land at Madison Street

7521 Madison Street, Forest Park, IL 60130

$4,500,000

Commercial land available at Madison & Des Plaines.

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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.

OFFICE (GENERAL)

316 Liberty St, Morris, IL 60450-2140

Unit 318

$870,000

Estimated value

6,304 sqft · 0.15 AC lot

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OFFICE (GENERAL)

619 Wauponsee St, Morris, IL 60450-1840

Value Estimation by Request

1,258 sqft · 0.11 AC lot

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OFFICE (GENERAL)

316 Franklin St, Morris, IL 60450-2218

Value Estimation by Request

1,907 sqft · 0.17 AC lot

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OFFICE (GENERAL)

114 Wn St, Morris, IL 60450-1833

Value Estimation by Request

2,178 sqft · 0.15 AC lot

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OFFICE (GENERAL)

118 Jackson St, Morris, IL 60450-1891

Value Estimation by Request

3,420 sqft · 0.17 AC lot

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OFFICE (GENERAL)

3585 En Rd, Morris, IL 60450

Unit 47

Value Estimation by Request

0.72 AC lot

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OFFICE (GENERAL)

417 Liberty St, Morris, IL 60450-2613

Value Estimation by Request

2,309 sqft · 0.06 AC lot

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OFFICE (GENERAL)

1561 Division St, Morris, IL 60450-1798

Value Estimation by Request

1.69 AC lot

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OFFICE (GENERAL)

501 Liberty St, Morris, IL 60450-1847

Value Estimation by Request

1,235 sqft · 0.03 AC lot

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OFFICE (GENERAL)

322 Liberty St, Morris, IL 60450-2131

Value Estimation by Request

5,835 sqft · 0.10 AC lot

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OFFICE (GENERAL)

109 En St, Morris, IL 60450-1866

Value Estimation by Request

2,160 sqft · 0.15 AC lot

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OFFICE (GENERAL)

Jefferson St, Morris, IL 60450

Value Estimation by Request

1,171 sqft · 0.03 AC lot

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OFFICE (GENERAL)

1367 Division St, Morris, IL 60450-1431

Value Estimation by Request

2,213 sqft · 0.36 AC lot

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Medical Office Space

1600 Us-6, Morris, IL 60450

Value Estimation by Request

19,000 sqft · 3.00 AC lot

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OFFICE (GENERAL)

115 Main St, Morris, IL 60450-2135

Value Estimation by Request

1,560 sqft · 0.08 AC lot

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OFFICE (GENERAL)

503 12th Liberty St, Morris, IL 60450-1847

Value Estimation by Request

624 sqft · 0.03 AC lot

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OFFICE (GENERAL)

110 Jackson St, Morris, IL 60450-1802

Value Estimation by Request

1,406 sqft · 0.17 AC lot

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Morris, IL Office Spaces Market Trends and Statistics

Explore 20 office spaces for sale in Morris, IL, showcased through 3 active listings 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 office spaces in Morris, IL start at $550,000, averaging $550,000, and reaching up to $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

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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Morris, IL Office Spaces for Sale

1561 N Division Street, Morris, IL 60450

1561 N Division Street, Morris, IL 60450

115 W Main Street, Morris, IL 60450

Opportunities in Nearby Cities

116-118 S Water Street, Wilmington, IL 60481

1135 S Water Street, Wilmington, IL 60481

275 S Broadway Street, Coal City, IL 60416

335 S Broadway St, Coal City, IL 60416

Potential Development Sites for Consideration

146 E Main Street, Braidwood, IL 60408

Dayfield Drive, Plainfield, IL 60544

Dayfield Drive lot: 1-3, Plainfield, IL 60544

7521 Madison Street, Forest Park, IL 60130

Off-Market Properties in Morris, IL

316 Liberty St, Morris, IL 60450-2140

619 Wauponsee St, Morris, IL 60450-1840

316 Franklin St, Morris, IL 60450-2218

114 Wn St, Morris, IL 60450-1833

118 Jackson St, Morris, IL 60450-1891

3585 En Rd, Morris, IL 60450

417 Liberty St, Morris, IL 60450-2613

1561 Division St, Morris, IL 60450-1798

501 Liberty St, Morris, IL 60450-1847

322 Liberty St, Morris, IL 60450-2131

109 En St, Morris, IL 60450-1866

Jefferson St, Morris, IL 60450

1367 Division St, Morris, IL 60450-1431

1600 Us-6, Morris, IL 60450

115 Main St, Morris, IL 60450-2135

503 12th Liberty St, Morris, IL 60450-1847

110 Jackson St, Morris, IL 60450-1802

Morris, IL Office Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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