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Financial
Distress signals
Property profile

115 Main St Morris, IL 60450

OFF-MARKET
Other office properties
Property ID
US28-1556611
1,560 SF 0.08 ac lot Built 1870
Last sale Jul 2026
Trust Owned Owner of record is a trust. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a renovated executive office suite located at 115 W Main Street in downtown Morris, Illinois. It was completely remodeled in 2007 and includes a front reception area for client access, along with a restroom. The suite also contains a private executive office with an attached private bath, kitchenette, lounge area, and a fireplace, plus a separate rear office area that has been used as storage and could be converted to expanded office use. A full basement provides additional…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$36k
Assessed land$13k
Assessed improvement$22k
Effective rate7.83%

Value estimate

· Oct 2026
$240k
$216k – $264k
AI approach$240k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$77 – $278
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGRUNDY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.2
Dental Office12.6
Kitchen & Bath11.4

Location

115 Main St Morris, IL 60450-2135
County assessor Recorded deeds · 5 transfers 11 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
316 Liberty, Morris, IL 60450-2140 $985,000 May 2025 6,304 SF
619 Wauponsee, Morris, IL 60450-1840 $305,000 Sep 2024 1,258 SF
316 Franklin, Morris, IL 60450-2218 $170,000 Sep 2022 1,907 SF
114 Wn, Morris, IL 60450-1833 $275,000 Aug 2022 2,178 SF
118 Jackson, Morris, IL 60450-1891 $490,000 Jul 2022 3,420 SF
3585 En, Morris, IL 60450 $405,000 Jun 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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