Recently Listed New Construction 0000 Locust Road
Morris, IL, 60450 $ 750,000
Baths0.0 Monthly Estimate*
$ 4,618
Studio for $750,000. The lot size is 15.54.
This 15.54-acre residential development site is located in the Deer Ridge subdivision, Morris, Illinois and minutes from the I-80/Rt 47 interchange. This is a developers/builder's dream scenario. The parcel is the final chapter in this sought after subdivision, offering the chance for quick builds, sales, and closings. The parcel is already designed for approximately 40 single-family residential lots, ensuring a straightforward path to development. A benefit of this parcel is having the necessary utilities conveniently onsite, streamlining the construction process and lowering initial costs. Also, further benefits include entry monuments, green space, retention areas, and a city park already in place saving the next builder significant time and money. This is the ideal setup for builders looking to hit the ground running. Elegant entranceways create a welcoming ambiance for all residents/guests, wide streets with sidewalks on every lot create an easy way for residents to stroll around the subdivision, onsite pond allows for resident fishing, and the neighborhood park creates a place to play and connect with others. The park is walking distance from this parcel and includes a designated walking path, sledding/exercise hill, playground equipment, and 2 baseball fields. As the final phase for Deer Ridge subdivision, this development promises premium living spaces within a well- established and thriving community surrounded by other single-family homes. Residents enjoy easy access to nearby schools, national chain restaurants, shopping, golf, hospital, Walmart, Menards, along with a brand-new YMCA. Minutes away by car is historic downtown Morris which has a vibrant mix of casual restaurants, small local businesses, bars, salons, upscale dining, bike rental, and places to hear live music. Strategically located along I-80 in the far Southwest suburbs of Chicago, this location is home to many new businesses including the Costco distribution center, the Proctor and Gamble distribution center, along with numerous new national restaurants/shops. This is a rare opportunity for builders to make a significant impact in a growing area with extremely low inventory of new homes for buyers to currently choose from. Previous builder completed closings ahead of their schedule as the demand in Morris for new construction is high. For more information, plans, and viewing arrangements contact us today. This property is waiting for a visionary developer to seize the moment and complete the last phase of this thriving subdivision.
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FeaturesGeneralUtilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Closing
Zoning SINGL
Township Saratoga
Tax Year 2024
Current Use Development
Ownership Fee Simple w/ HO Assn.
County Grundy
Property Type Land Land
Status New
Directions Route 6 to Ashton Rd to Locust Rd
High School Morris Community High School
City Morris
High School District 101
MLS Area Morris
Elementary School Saratoga Elementary School
Tax Annual Amount 645
Middle/Junior High School Saratoga Elementary School
Standard Status Active
Middle/Junior School District 60C
Elementary School District 60C
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ExteriorTotal Parking 0
Lot Dimensions 825X825
Lot Size Acres 15.54
Road Surface Type Asphalt
Frontage Length 0000
Frontage Type Public Road
Waterfront Y/N N
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* Excluded FeaturesList ByBrummel Properties, Inc.Broker
Laura@brummelproperties.com;Lauratomsa@me.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,618
- Monthly Property Taxes
- $54
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Morris, IL
Average List Price $357,048
Percent of Sale Price 52%
About Morris, IL 13,647 Population
12% Since 2002
$ 57,159 Median Income
39.34 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
1539636 Elementary School
1539636 Middle School
Morris Community High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/9/2026 | $750,000 | | Listed Price |