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    Morris, IL
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    Morris, IL Residential Income Properties for Sale

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    Minooka, IL Mazon, IL Diamond, IL
    Multifamily Property with Storage Garage
    $600,000
    Multifamily Property with Storage Garage

    1015 douglas Street E, Morris, IL 60450

    Five rented apartments plus a large storage garage with overhead doors support flexible residential and storage operations.
    • 5 income‑producing apartments plus a large storage garage (~2,400 SF)
    • Garage has overhead doors at the front and back plus a side entry for easy vehicle access
    • Building is currently fully rented
    • Main level: refreshed 1 bed/1 bath (apt 5) with utilities included in rent and electric baseboard heat
    • Upstairs: 1 bed/1 bath (apt 4) with utilities included in rent and electric baseboard heat
    Updated: Jun 8
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

    Multi-Unit Residential Property with Garage
    $285,000
    Multi-Unit Residential Property with Garage

    Two well-maintained units with separate bedroom layouts, plus an unfinished basement and detached 2-car garage.

    807 Farragut Place, Joliet, IL 60435

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    Updated Two-Flat Multifamily Property
    $175,000
    Updated Two-Flat Multifamily Property

    Well-maintained two-unit duplex with recent building updates and separate second-floor entrance options.

    528 Water Street, Joliet, IL 60436

    View details
    Dwight, IL Two-Unit Property
    $130,000
    0.17 Acres
    Dwight, IL Two-Unit Property

    Two-unit residential property in Dwight, Illinois with income potential.

    123 W Waupansie Street, Dwight, IL 60420

    View details
    Historic Dwight Mixed-Use Building
    $250,000
    4,500 SF
    Historic Dwight Mixed-Use Building

    4,200 SF mixed-use building with restaurant and apartments.

    118 East Main Street, Dwight, IL 60420

    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.

    Waterfront Lot in Hidden Lakes
    $47,900
    0.70 Acres
    Waterfront Lot in Hidden Lakes

    Nearly 3/4 acre waterfront lot in established Hidden Lakes.

    1859 Erin Lane, Morris, IL 60450

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    Goose Lake Township Land Parcel
    $125,000
    5.37 Acres
    Goose Lake Township Land Parcel

    5+ acre parcel in Goose Lake Township, Morris, IL.

    N Dresden Road, Morris, IL 60450

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    Highlands Subdivision Land Available
    $72,000
    0.67 Acres
    Highlands Subdivision Land Available

    Residential land in Channahon's Highlands Subdivision with utilities.

    26222 W Highland Drive lot: 112, Channahon, IL 60410

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    Wooded Lot in Prime Location
    $69,000
    1.31 Acres
    Wooded Lot in Prime Location

    1.3-acre wooded lot near parks, schools, and I-80.

    9015 E McEvilly Road, Minooka, IL 60447

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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
    Lot: 12.47 Acres
    Value Estimation by Request
    Parklake Dr

    0 Parklake Dr, Morris, IL 60450

    View details

    Morris, IL Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Morris, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $600,000.

    Sale prices for residential income properties in Morris, IL start at $600,000, averaging $600,000, 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

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

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

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grundy County

    New Delisted

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