Property profile

1600 Us-6 Morris, IL 60450

OFF-MARKET
Retail properties & Spaces
19,000 SF 3 ac lot Built 2005
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Property summary

AI-generated overview

This exceptional Class A medical office building, situated on three acres in Morris, Illinois, presents a unique leasing opportunity. Completed in 2005 and extensively renovated in 2023, the single-story, 19,000 square foot building boasts a prime location at 1600 US-6, in Grundy County. The property is categorized as both retail and office space, currently configured as a single suite, though it's designed to accommodate multiple tenants. One space of 6,025 square feet is immediately available for lease. The building's modern design and recent renovations ensure a high-quality, efficient workspace. Its convenient location offers excellent visibility and accessibility for patients and staff. The property's ample land area provides ample parking and potential for future expansion. This is an ideal opportunity for medical professionals seeking a well-maintained, modern facility in a thriving community. The property's Class A designation reflects its superior construction, amenities, and location. This is a rare opportunity to secure a prominent medical office space in a desirable location. The address is 1600 US-6, Morris, IL 60450.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2005
Total area 19,000 SF
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1600 Us-6 Morris, IL 60450
Morris metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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