720-722 E North Street
Morris, IL, 60450 $ 325,000
Bedrooms4 Baths4.1 Sq 2,064 Monthly Estimate*
$ 2,001
for $325,000 with 4 bedrooms and 4 full baths, 1 half bath. This 2,064 square foot home was built in 1980 on a lot size of 0.24.
Well-maintained all brick side-by-side ranch duplex offering an excellent investment opportunity. Property improvements in the last 5 years include a newer roof, and a new furnace and a/c in the north unit. Both units have been very well maintained. Each 2-bedroom unit features an attached 1.5-car garage, wood deck, spacious living areas, and functional layouts designed for comfortable living. The south unit includes a cozy living room with a wood-burning fireplace, kitchen with appliances and breakfast bar, dining area, laundry room, two generously sized bedrooms, and two full bathrooms. The north unit offers a bright living room, kitchen with appliances, dining area, laundry room, two spacious bedrooms, one full bathroom, and one half bathroom. Both units feature sliding glass doors leading to backyard decks, and each attached garage measures approximately 13' x 23'. The south unit is currently leased month-to-month, while the north unit is under a written lease agreement. Please note: the duplexes cannot be separately sold, as the property shares one water main, one sewer connection, and sits on a single lot. Offered at $325,000 which amounts to $162,500 per unit. This rental investment property is in a great location - near a park/playground, a short walk to Stratton Park riverside park, and within easy walking distance of downtown Morris with its shops, restaurants, events and festivals.
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FeaturesExteriorModel RANCH TWO UNIT
Parking Features Garage Door Opener Yes Garage Owned Attached Garage
Water Source Public
Total Parking 2
Lot Dimensions 71X143
Lot Size Acres 0.24
Waterfront Y/N N
Other Equipment TV-Cable Ceiling Fan(s) Multiple Water Heaters
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GeneralSewer Public Sewer
Heating Natural Gas
Possession Tenant's Rights Lease Out Stand
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Architectural Style Ranch
Construction Materials Brick
Year Built 1980
Township Morris
Tax Year 2024
Ownership Fee Simple
Community Features Park Curbs Sidewalks Street Lights Street Paved
County Grundy
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Shed(s)
Total Rooms 10
Status New
Directions I-80 to Rt.47 (south) to North St (east) to duplex.
High School Morris Community High School
City Morris
High School District 101
MLS Area Morris
Elementary School Morris Grade School
Tax Annual Amount 8003.32
Middle/Junior High School Morris Grade School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 54
Elementary School District 54
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InteriorBasement Crawl Space
Total Bedrooms 4
Total Baths 4
Bedrooms Possible 4
Full Baths Building 3
Half Baths Building 1
Total Number of Units 2
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* Excluded FeaturesList ByCentury 21 Coleman-HornsbyBroker
shawn.hornsbyc21@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,001
- Monthly Property Taxes
- $667
- 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 NearbyMulti-family listings in Morris, IL
Average List Price $379,233
Percent of Sale Price 17%
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.
2503548 Elementary School
2503547 Middle School
Morris Community High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/13/2026 | $325,000 | | Listed Price |