1561 N Division St Morris, IL 60450
Property profile & analytics
1561 N Division St Morris, IL 60450
- Commercial land
- 6.74 lot acres
Property ID
US28-0735430
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Ultimate Rides / Car Dealership
Property Details for 1561 N Division St
- Lot size
- 6.74 lot acres
- Property type
- Commercial land
- APN
- 02-34-351-009
- APU
- 234351009
Description
This exceptional commercial property, located at 1561 N Division Street in Morris, Illinois, presents a unique investment opportunity. The substantial 4,600 square foot building sits on a generous 8.34-acre lot, including adjacent vacant land, providing ample space for expansion or future development. Previously used as a medical office, the building features ten exam rooms, eight of which are plumbed and ready for immediate use. Three bathrooms, a large reception area, and two private offices provide a functional and well-organized layout. A full basement, previously finished, offers significant potential for additional usable space, subject to any necessary renovations. The property benefits from excellent visibility and ample parking, ensuring convenient access for clients and employees. The sale includes the building and land "as is," presenting a compelling opportunity for investors or businesses seeking a prominent location with significant expansion potential in a thriving community. The property's size and versatile layout make it suitable for a wide range of commercial uses. The 2,484 square feet of main floor space, combined with the basement, offers a significant amount of usable area. The inclusion of the adjacent vacant land adds to the property's overall value and potential for future development.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Morris
- County
- Grundy
- State
- Illinois
- Longitude
- -88.4188
- Latitude
- 41.3744
- 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
$984
$13,558
$0.00
$13,558
-
$40,674
$0.00
$40,674
