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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 Newark, IL Seneca, IL Wilmington, IL Marseilles, 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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    Multifamily with Storage Garage
    Updated: May 5
    Multifamily with Storage Garage

    1015 Douglas Street, Morris, IL 60450

    $600,000
    Fully rented 5‑unit apartment building plus a large storage garage with overhead doors at the front and back
    Garage includes drive‑through access (front and back overhead doors) plus a side entry
    Storage garage space is used to generate additional revenue for cars, boats, RVs, jet skis, and motorcycles
    Year built: 1950; main level includes refreshed 1BR/1BA (apt 5) formerly shop office
    Units 1, 2, and 3: 3BR/1BA (apts 1 and 2) with tenants paying electric and gas forced‑air heat; 3BR/2BA (apt 3) with tenant paying gas forced‑air heat
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    Historic Church Residential Income Property
    Historic Church Residential Income Property

    300 W Jefferson Street #A, Morris, IL 60450

    $125,000
    1 unit  1 building  3-story  Built 1900

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

    2 spaces  In-unit laundry
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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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    Brick Duplex with Attached Garages
    Brick Duplex with Attached Garages

    720-722 E North Street, Morris, IL 60450

    $307,546
    2 units  1 building  Built 1980  brick  Multi-tenant

    Two ranch-style residences offer separate decks, practical layouts, and established lease arrangements near parks and downtown Morris.

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    4 active listings match your search: Residential Income for sale in Morris, IL. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

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

    9-Unit Efficiency Apartment Building
    9-Unit Efficiency Apartment Building

    400 Main Street, Mazon, IL 60444

    $649,900
    9 units  3,062 sqft  2 buildings  Built 1969

    Residents share kitchen and laundry facilities, and each apartment has a refrigerator and microwave.

    9 x efficiency  Shared kitchen  Laundry area
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    Apartment Building with Detached Outbuilding
    Apartment Building with Detached Outbuilding

    400 Main Street, Mazon, IL 60444

    $649,900
    9 units  2 buildings  Built 1969  0.23 acres  Multi-tenant

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

    9 x efficiency  Shared kitchen  Laundry area  In-unit refrigerator  In-unit microwave
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    Furnished Park Model With Loft
    Furnished Park Model With Loft

    2795 E 28th Lot 322 Road, Seneca, IL 61360

    $45,000
    Built 1998  0.12 acres

    Gated RV campground property with furnished accommodations, outdoor deck, storage shed, and access to community amenities.

    Utilities to site  Deck  Shed
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    Furnished Park Model with Gazebo
    Furnished Park Model with Gazebo

    2795 E 28th Lot 968 Road, Seneca, IL 61360

    $38,000
    1 unit  1 building  Built 1995  Furnished  $153/mo HOA

    Seasonal gated-community property with flexible sleeping space, central air, and included furnishings and outdoor equipment.

    Utilities to site  Pools  Stocked fishing ponds  Pavilions  Basketball courts  Sand volleyball  Gaga ball  Bags
    View details

    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.

    Agricultural Land Parcel for Sale
    Agricultural Land Parcel for Sale

    N Dresden Road, Morris, IL 60450

    $112,500
    5.37 acres  Agricultural Residential
    Highway access

    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 acres

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

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    Marseilles Land: Dream Home Canvas
    Marseilles Land: Dream Home Canvas

    02950 E 24th Road, Marseilles, IL 61341

    $148,000
    2.67 acres

    2.67 acres near I-80, perfect for single-family haven.

    View details
    Wilmington, IL Multi-Family Lot
    Wilmington, IL Multi-Family Lot

    Buchanan Street, Wilmington, IL 60481

    $65,000
    0.62 acres

    Multi-family lot zoned R-5 in Wilmington, Illinois.

    View details

    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.

    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 investment properties in Morris, IL start at $125,000, averaging $408,136, 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 $408.1K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grundy County

    New Delisted

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Morris, IL

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    RE/MAX Top Properties
    101 E. Waverly St. Morris, IL 60450
    Phone: (815) 942-1133
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