Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Liberty St Morris, IL 60450

    • Commercial real estate
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 02, 2024
    Location Intelligence
    Property ID
    US28-3847183
    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

    • Commercial real estate

    Property Details for Liberty St

    Lot size
    0.10 lot acres
    Property type
    Commercial real estate
    APN
    05-04-486-010
    APU
    504486010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morris
    County
    Grundy
    State
    Illinois
    Longitude
    -88.4231
    Latitude
    41.3588
    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
    $849
    $9,877
    $976
    $10,853
    -
    $29,631
    $2,928
    $32,559

    Comparable in this City

    • Value Estimation by Request

      1616 Twilight Dr, Unit 1680

      COMMERCIAL (GENERAL)
      1616 Twilight Dr, Morris, IL 60450-3392
      View Details
    • Value Estimation by Request
      0.08 Acres

      1023 Douglas St

      COMMERCIAL (GENERAL) • 0.08 Acres
      1023 Douglas St, Morris, IL 60450-1907
      View Details
    • Value Estimation by Request
      2.20 Acres

      222 Gore Rd

      COMMERCIAL (GENERAL) • 2.20 Acres
      222 Gore Rd, Morris, IL 60450-7406
      View Details
    • Value Estimation by Request

      1262 Leah Rd Ste A

      COMMERCIAL (GENERAL)
      1262 Leah Rd Ste A, Morris, IL 60450-8952
      View Details
    • Value Estimation by Request
      0.06 Acres

      514 Liberty St

      COMMERCIAL (GENERAL) • 0.06 Acres
      514 Liberty St, Morris, IL 60450-1848
      View Details
    • Value Estimation by Request
      8.95 Acres

      201 Ottawa Bnd Dr, Unit 241

      COMMERCIAL (GENERAL) • 8.95 Acres
      201 Ottawa Bnd Dr, Morris, IL 60450-1664
      View Details

    Similar Nearby for Sale

    • $799,000
      8,700 SF

      Downtown Morris Mixed-Use Gem

      Two buildings, 8700 sq ft, prime location.
      310/312 Liberty St, Morris, IL 60450
      View Details
    • Contact for pricing
      21.50 Acres

      Prime Industrial Land Near I-80

      21.5 Acres, Channahon, IL - Ideal for Distribution
      0 180 & Brisbin Rd, Morris, IL 60450
      View Details
    • $599,000
      2,484 SF

      Prime Morris Commercial Property

      Versatile 8.34-acre medical building, $599,000
      1561 Division St, Morris, IL 60450
      View Details
    • Contact for pricing
      289.44 Acres

      Channahon Industrial Land Opportunity

      Prime I-80 Logistics Land, 289 Acres
      0 Tabler Rd, Morris, IL 60450
      View Details
    • $868,000
      1.93 Acres

      Waterfront Land on Lincoln Lake

      Exceptional waterfront parcel for building a dream home.
      0000 Wahoo Ct, Morris, IL 60450
      View Details
    • Contact for pricing
      750 SF

      Remodeled Commercial Space in Morris

      Versatile, move-in-ready commercial space in downtown Morris, Illinois.
      710 Liberty St, Morris, IL 60450
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr

      Heated Warehouse with Loading Dock

      25,000 sq ft warehouse for lease in Morris, IL.
      922 Armstrong St, Morris, IL 60450
      View Details
    • Contact for pricing
      5,700 SF

      Restaurant Space Near I-80

      5,700 SF restaurant space with redevelopment opportunity near I-80.
      2685 Sycamore Dr, Morris, IL 60450
      View Details
    • $2.00 SF/Yr
      29,621 SF

      Secured Outdoor Storage Near I-80

      Secure outdoor gravel lot for lease near I-80 and Route 47.
      10808 N Tabler Rd, Morris, IL 60450
      View Details
    • $12 SF/Yr

      Retail Space in Morris, IL

      Retail space with open floor plan and ample parking.
      1459 Division St, Morris, IL 60450
      View Details
    • $32 SF/Yr
      19,000 SF

      Class A Medical Office in Morris, IL

      Modern Medical Office Space Available
      1600 Us-6, Morris, IL 60450
      View Details
    • $12 SF/Yr

      Commercial Unit in Morris, IL

      2,000 SF commercial unit available for immediate move-in.
      425 Us Rt 6, Morris, IL 60450
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Liberty St
    Morris, IL 60450
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.