Sold

Closed

423 Liberty Street

Morris IL, 60450

$825,000


$60.66 per sqft

Sold

Closed

13,600 sqft

Commercial

Built in 1870

Courtesy of RE/MAX Top Properties

This large, corner two-story commercial property in downtown Morris seamlessly blends historical charm with modern updates. Recently rehabbed with the highest quality materials, the building features new waterline and plumbing, new sewer line, upgraded electrical service, and an advanced HVAC system. Safety is a top priority with a whole-building sprinkler system and state-of-the-art security. Inside, the sandblasted exposed brick maintains a nostalgic look while adding a modern feel. Currently home to an interior design shop and insurance agency, the first floor can easily be converted into one large space, ideally suited for a restaurant, with a grease trap already in place and ready for hoods, equipment, and walk-in coolers/freezers. The versatile second floor, presently used for showroom storage, offers numerous possibilities, such as apartments or an event center, with restored hardwood floors and a bathroom already installed. An existing elevator shaft simplifies potential conversions. Once a bustling roller skating rink, this property retains its historical allure while accommodating modern business needs. Located in a TIF district, it may also qualify for city grants and low-interest loans, enhancing its appeal. This beautifully restored building presents a unique opportunity for entrepreneurs to establish a business in the heart of downtown Morris.

12104305

MLS ID

July 11, 2024

Listed

November 28, 2024

Updated

Map

423 Liberty Street
Morris IL, 60450

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

Morris


Taxes

$7,108


Tax Frequency

Annually


Days on Market

98


Garage

No


View

No


County

Grundy


Municipality

Morris


Pool

No


Zoning

RTAIL

Listing History

Date

Event

Price

11/26/2024

Sold

$825,000

10/18/2024

Under contract

Courtesy of RE/MAX Top Properties, David Welter,
Listing Contact: 815-791-1672 

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 11/28/2024. 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 8:36 AM UTC, 11/28/2024

 

 

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