Advertise
    Morris, IL
    Residential Income

    Morris, IL Residential Income Properties for Sale

    Notify Me
    List
    Map
    Minooka, IL Mazon, IL Coal City, IL Diamond, IL Verona, IL Seneca, IL Wilmington, IL Marseilles, IL
    Apartment Building with Storage Garage
    Updated: Jun 8
    Apartment Building with Storage Garage

    1015 douglas Street E, Morris, IL 60450

    $600,000
    Five fully rented apartments on one property
    Approximately 2,400 SF storage garage with overhead doors at front and back
    Side entry to the storage garage for added access
    Main‑level Apt 5: refreshed 1 bed/1 bath; utilities included; electric baseboard heat
    Upstairs Apts 1 and 2: 3 beds/1 bath; tenants pay electric and gas forced air heat
    View details
    All-Brick Two-Unit Ranch Duplex
    Updated: Jun 23
    All-Brick Two-Unit Ranch Duplex

    301-303 Carriage Drive, Morris, IL 60450

    $445,000
    2,560 sqft
    All‑brick ranch built in 1990 offering two separate 2‑bedroom units
    Each unit has 1.5 baths, private in‑unit main floor laundry, and an attached 1‑car garage
    Full basements and concrete patio overlooking an open field
    Updated roof and HVAC system
    All utilities are completely separate and paid by the tenants
    View details
    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.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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.

    RV Campground Lot with Trailer
    RV Campground Lot with Trailer

    2795 E 28th Lot 1438 Road, Seneca, IL 61360

    $30,000

    Lot 1438 includes a 1998 32-foot one-bedroom travel trailer and covered deck in a gated RV campground.

    View details
    Mobile Home & RV Park with Pads
    Mobile Home & RV Park with Pads

    430 N Crotty Ln, Seneca, IL 61360

    Contact for pricing

    Twenty-four-pad mobile home park with city water and sewer, offering month-to-month tenant leases.

    View details
    Turnkey RV Park Model on Corner Lot
    Turnkey RV Park Model on Corner Lot

    2795 East 28th Road, Marseilles, IL 61341

    $54,900

    Fully furnished 1988 park model on a gated community corner lot with updated interior and outdoor living improvements.

    View details
    RV Park Lot with Wooded Backdrop
    RV Park Lot with Wooded Backdrop

    2795 East 28th Road, Marseilles, IL 61341

    Contact for pricing

    Gated RV campground lot with a deck needing TLC and storage shed, backing up to a wooded common area.

    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 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.

    View details
    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.

    View details
    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.

    View details
    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.

    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.

    Parklake Dr
    Land

    0 Parklake Dr, Morris, IL 60450

    Value Estimation by Request
    12.47 AC lot
    View details

    Morris, IL Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Morris, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,560 square feet of properties for sale, with an estimated market value of $1,645,000.

    Sale prices for residential income properties in Morris, IL start at $445,000, averaging $548,333, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 3
    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 $522.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grundy County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Morris, IL

    Popular Categories

    Most Searched ZIP Codes in Morris, IL

    • 60450

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!