124 W Illinois Avenue Morris, IL $ 1,600,000
124 W Illinois Avenue
$ 1,600,000
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124 W Illinois Avenue

Morris, IL, 60450
$ 1,600,000
Bedrooms-- Baths-- Sq 17,112

Monthly Estimate*

$ 10,103

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Commercial Property for sale in Morris, IL

for $1,600,000. This 17,112 square foot building was built in 1950 on a lot size of 0.440771.

Positioned prominently in Morris' Downtown Business District near the Grundy County Courthouse and surrounded by beautifully preserved historic buildings, this impressive all-brick multi-use commercial property, characterized by soaring arched windows, offers approximately 17,112 square feet of above-grade floor area plus a dry basement. Excellent condition, versatile floor plans, established tenants, and a prime downtown location make this a unique opportunity for an investor, owner-user, or business seeking a prominent commercial presence. The property currently accommodates Sublime Wear USA, National Disability Experts Law Firm, and Chicago Title, demonstrating the building's ability to serve a wide variety of professional, retail, office, and service-oriented businesses. A concrete parking lot provides seven on-site parking spaces, with two municipal parking lots directly across the street providing an additional 43 parking spaces for employees, customers, and clients. An outdoor patio area provides an attractive space for several tables and creates additional possibilities for tenant use or customer enjoyment. The 124 E. Illinois Ave. Sublime Wear USA space offers an impressive open commercial space featuring a soaring ceiling in the front portion of the building. The space includes a convenient lunchroom, second-floor office area overlooking the open floor area, and a private second-floor office highlighted by a wall of windows overlooking the front portion of the space. The font portion of the space has glass overhead doors that let in plenty of natural light and can be opened to allow the space to transition to the patio area. Men's and women's restrooms are included, along with an overhead delivery door providing convenient access to the alley behind the building. The 110 W. Illinois Ave. Chicago Title space is thoughtfully designed for professional office use, featuring a welcoming front office adjoining a customer waiting room, a large private conference room, three private offices, and an open area ideal for cubicles or additional workstations. Men's and women's restrooms are conveniently located adjacent to this space. The 128 & 130 W. Illinois Ave. National Disability Experts space consists of two separate suites connected by a common vestibule. Each two-story suite offers its own restroom and flexible space suitable for private offices, work areas, or a variety of professional uses. The building has been exceptionally well maintained through the years and offers the character and presence of an established downtown commercial property while providing the functionality today's businesses require. Its prominent location near the courthouse, municipal parking, historic downtown buildings, and other established businesses provides excellent visibility and convenient accessibility. A rare opportunity to acquire a substantial, versatile commercial building in the heart of Downtown Morris-with established tenants, multiple suites, parking, outdoor patio space, and the flexibility to accommodate a wide range of businesses. Recent upgrades include a new roof in 2021 and four new rooftop HVAC units in 2022.

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 18,227

Style

Commercial

Lot Size

0.440771

Year Built

1950

Town/City

Morris

County/Region

Grundy

MLS | Web ID

12710687

Features
General
Cooling Central Individual
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available Cable Available
Possession Closing Tenant's Rights
Roof Membrane Metal
Zoning COMMR
Construction Materials Brick Block Wood
Year Built 1950
Electric Circuit Breakers Over 600 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Scavenger Sewer
Stories Count 2
Township Morris
Property Subtype Other
Tax Year 2025
Current Use Commercial
Gross Income 135000
Additional Parcels Description 0509227012
Assoc Fee Paid Per Not Applicable
County Grundy
Net Operating Income 0
Operating Expense 18227
Property Type Commercial Sale Retail/Stores
Status New
Directions I80 to Rt.47 (south) to Illinois Ave. (west)
City Morris
Number Of Units Total 1
MLS Area Morris
Lot Size Square Feet 19200
Tax Annual Amount 18227.26
Additional Parcels Y/N Y
Leasable Area 0
Standard Status Active
Cap Rate 8.4
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Interior
Flooring Carpet Concrete Vinyl Sealed
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 17112
Lot Dimensions 120X160
Frontage Type City Street
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* Excluded Features
List By
Century 21 Coleman-Hornsby

Broker

shawn.hornsbyc21@gmail.com

Email

Affordability Calculator

$11,621
Per Month
87%
13%
0%
Monthly Principal & Interest
$10,103
Monthly Property Taxes
$1,519
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/26/2026$1,600,000 Listed Price

Map


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124 W Illinois Avenue, Morris, IL, 60450 is a Commercial Property for sale at $1,600,000 with 17,112 sqft and a lot size of 0.440771. 124 W Illinois Avenue was built in 1950. The property's zip code is 60450 which is in Morris, IL