1561 N Division St - Office FOR SALE


Morris, IL 60450
$599,000 USD
815-791-1672
1561 N Division St, Morris, IL for Sale
$599,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

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1561 N Division St
Morris, IL 60450


HIGHLIGHTS

  • Heavy Traffic Count
  • Large Lot with access to Rt. 47
  • Main Business District

OVERVIEW

This versatile 50' x 50' 4,600 sq. ft. building, 2,300 sq. ft. main level and 2,300 sq. ft. basement, formerly a medical office, sits on a generous 8.43-acre lot with adjacent vacant land included in the sale. Inside, you'll find 10 exam rooms-8 already outfitted with plumbing-3 bathrooms, a spacious reception area, and 2 private offices. The property also boasts a full basement that was once finished and could easily be restored, offering even more usable space. With ample parking and excellent visibility, this property is ideal for businesses seeking prime exposure. Sold "as-is," this is a fantastic opportunity for investors or expanding businesses.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

8.43 AC

LAND SF

367,211 SF

ZONING

B-3 Commercial

APN/PARCEL ID

02-34-351-014

ASK ABOUT THIS PROPERTY

David WelterRE/MAX Residential OfficeMore Info
815-791-1672

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David WelterRE/MAX Residential OfficeMore Info
815-791-1672

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.