Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

1561 Division St Morris, IL 60450

  • Commercial land
  • 6.74 lot acres
For Sale
Last Sale
Feb 05, 2021
$340,000
Value Estimations
Cap Rate Potential
Location Intelligence
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.

Current Use by Public Records

  • Ultimate Rides / Car Dealer

Property Details for 1561 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
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message