Entity Owned Property summary
This exceptional investment opportunity presents a three-unit industrial condo building situated on a generous 2.41-acre lot at 1302 Spruce Street in Morris, Illinois. Constructed in 2008, the building boasts a robust steel frame construction, ensuring durability and longevity. The property offers a substantial 15,000 square feet of space, ideally suited for a variety of industrial uses. The building's electrical infrastructure is robust, featuring an 800-amp, three-phase electrical service,… capable of handling significant power demands. Furthermore, the building includes four 12-foot overhead doors, facilitating easy loading and unloading of goods and equipment. Currently, one of the three units is available for lease, presenting an immediate income stream for the new owner. This presents a unique opportunity to acquire a well-maintained, strategically located industrial property with significant potential for both immediate rental income and future appreciation. The property's size, modern construction, and ample power supply make it an attractive prospect for a wide range of industrial businesses. The 2.41-acre lot provides ample space for expansion or outdoor storage. This is a turnkey investment ready for immediate occupancy and income generation. Don't miss this chance to own a piece of Morris's thriving industrial sector.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.05 ac
- APN
- 05-03-178-024
- Assessed value · 2023
- $63,474
- Annual tax · 2023
- $4,968
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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