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    Morris, IL
    Residential Income

    Morris, IL Residential Income Properties for Sale

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    Minooka, IL Mazon, IL Diamond, IL Coal City, IL Verona, IL Newark, IL Seneca, IL Wilmington, IL
    5-Unit Apartment Building with Garage
    Updated: Jun 8
    5-Unit Apartment Building with Garage

    1015 douglas Street E, Morris, IL 60450

    $600,000
    5 apartments with a mix of 1‑bedroom and 3‑bedroom units
    Approximately 2400 sq ft storage garage with overhead doors at the front and rear
    Garage includes a separate side entrance for access
    Unit mix includes two 1‑bedroom/1‑bath, two 3‑bedroom/1‑bath, and one 3‑bedroom/2‑bath residence
    Currently fully rented
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    Brick Duplex with Attached Garages
    Updated: Aug 20
    Brick Duplex with Attached Garages

    720-722 E North Street, Morris, IL 60450

    $307,546
    Two 2‑bedroom ranch units on one lot
    All‑brick construction with YearBuilt 1980
    Each unit includes an attached garage measuring approximately 13' x 23'
    Both residences feature backyard decks accessed through sliding glass doors
    South unit includes two full bathrooms and a wood‑burning fireplace
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    Multifamily with Storage Garage
    Multifamily with Storage Garage

    1015 Douglas Street, Morris, IL 60450

    $600,000

    Fully rented 5-unit apartment building with a large storage garage and overhead doors for drive-through access.

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    See hot listings in Morris

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Historic Church Residential Income Property
    Historic Church Residential Income Property

    300 W Jefferson Street #A, Morris, IL 60450

    $225,000

    Renovated multi-level condominium with distinctive architectural details, private bedroom-level separation, and heated underground parking.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Morris, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Apartment Building with Detached Outbuilding
    Apartment Building with Detached Outbuilding

    400 Main Street, Mazon, IL 60444

    $649,900
    0.23 AC lot

    Efficiency apartments with shared kitchen and laundry amenities, plus a separately improved accessory building.

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    Furnished Park Model in Gated RV Park
    Furnished Park Model in Gated RV Park

    2795 E 28th Lot 417 Road, Seneca, IL 61360

    $36,000
    0.11 AC lot

    One-bedroom unit with covered deck, screen room, and central air conditioning.

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    Turnkey RV Park Lot
    Turnkey RV Park Lot

    2795 E 28th Lot 621 Road, Seneca, IL 61360

    $35,000
    0.11 AC lot

    Gated recreational lot with a furnished travel trailer, creek setting, outdoor amenities, and access to community facilities.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    190 W Maple St, Coal City, IL 60416

    $239,500

    Two separately metered residences include a remodeled main unit and an upstairs apartment with its own exterior entrance.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Residential Land Lot
    Waterfront Residential Land Lot

    1859 Erin Lane, Morris, IL 60450

    $47,400
    0.70 AC lot

    Wooded waterfront homesite offers private water frontage and utilities available at the site.

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    Agricultural Land Parcel for Sale
    Agricultural Land Parcel for Sale

    N Dresden Road, Morris, IL 60450

    $112,500
    5.37 AC lot

    5.37-acre agricultural residential parcel in Goose Lake Township, part of a subdividable parent tract with flood-plain portion.

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    Buildable Country Lot with Curb Cut
    Buildable Country Lot with Curb Cut

    2908 E 29th Road, Seneca, IL 61360

    $95,000
    2.76 AC lot

    Buildable lot in a subdivision with a curb cut already in place and electricity nearby.

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    Premium Homesite in Lake Forrest
    Premium Homesite in Lake Forrest

    25028 Old Oak Lane, Shorewood, IL 60404

    $125,000
    1.00 AC lot

    Exceptional double lot in Shorewood's sought-after Lake Forrest community.

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    Off-Market Properties in Morris, IL

    Consider similar Off-Market properties in Morris, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Parklake Dr
    Land

    0 Parklake Dr, Morris, IL 60450

    Estimated value:
    No data
    12.47 AC lot
    View details

    Morris, IL Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Morris, IL, showcased through 4 active listings on our real estate platform.

    Sale prices for residential income properties in Morris, IL start at $225,000, averaging $433,136, and reaching up to $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 4
    Apartment buildings 2
    Duplexes 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) +2.2%
    Median Household Income $81,716
    College Educated 33.9%

    High-Yield Neighborhoods for Investment

    Identify Morris submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60450 $382.6K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grundy County

    New Delisted

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