Active
316/318 Liberty Street
Morris IL, 60450
$980,000
$65.33 per sqft
Active
15,000 sqft
Other
Built in 1885
Courtesy of Century 21 Coleman-Hornsby
The Gebhard Building - A Historic Gem in Downtown Morris, IL! Built in 1885 by Louis Gerhard, founder of Gerhard Brewery, the Gebhard Building is a timeless landmark located in the heart of the Morris Downtown Historic District. Spanning approximately 15,000 square feet across three floors, this property blends historic charm with modern amenities, making it an excellent investment opportunity. The building features a diverse mix of long-term tenants, including 7 commercial and office spaces and 6 residential apartments. It offers flexible use potential, making it ideal for retail, office, or residential rental income. Recent updates ensure the building is well-maintained, preserving its architectural integrity while enhancing functionality. With a prime location in Morris' vibrant downtown, known for its bustling shops, restaurants, and events, the Gebhard Building presents a unique chance to own a piece of local history with reliable cash flow potential. This is a rare opportunity for investors or business owners seeking a historically significant property with established tenants in a thriving community.
12191549
MLSⓇ ID
October 26, 2024
Listed
November 22, 2024
Updated
Map
316/318 Liberty Street
Morris IL, 60450
Interior Features
Total Stories
3
Floor Description
Varies
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Other Property Details
Area Name
Morris
Taxes
$12,031
Tax Frequency
Annually
Days on Market
7
Garage
No
View
No
County
Grundy
Municipality
Morris
Pool
No
Zoning
COMMR
Courtesy of Century 21 Coleman-Hornsby, Tom Wawczak,
Listing Contact: 815-942-9190
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Hexagon Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 11/22/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 7:20 AM UTC, 11/22/2024
