534 Bedford RdMorris, IL 60450

  • Other commercial real estate
  • 1,750 SF
For Lease
$13/SF/YR View listing

Property Details for 534 Bedford Rd

Property size (Sq ft)
1,750 SF
Property type
Other commercial real estate
APN
02-33-458-001
APU
233458001

Description

This exceptional 1,700 square foot office building, located at 534 Bedford Rd in Morris, Illinois, presents a unique investment opportunity. Situated on the corner of Rt 6 (Bedford Rd) & Michael Dr in the Bedford & Michael submarket of Grundy County, this single-story building offers versatile space ideal for a variety of uses. The property features a traditional office layout, but is also well-suited for coworking or creative office spaces. Built in 2019, the building boasts modern amenities including 100-amp circuit breakers. The layout potentially allows for eight individual offices or rooms, complemented by two separate bathrooms. The property is classified as Office, Retail, and Special Purpose, offering flexibility for diverse business needs. This prime location in Grundy County provides excellent visibility and accessibility. The building's recent renovation ensures modern functionality and efficiency, making it an attractive option for businesses seeking a well-maintained and adaptable workspace. The multiple tenancy option allows for flexibility in leasing arrangements. This is a rare opportunity to secure a well-located and versatile commercial property in a thriving area. Contact us today to learn more about this exceptional offering.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $361,679
    Hospitality
    $331,296
    Educational
    $275,635
    Medical
    $285,114
    Retail
    $428,765
534 Bedford Rd, Morris, Illinois
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Location Insight

City
Morris
County
Grundy
State
Illinois
Latitude
41.3725
Longitude
-88.4308
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,418
$5,639
$110,358
$115,997
-
$16,917
$331,074
$347,991

FAQs

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