Morris, IL 60450,423 Liberty Street
Morris, IL 60450,423 Liberty Street
Morris, IL 60450,423 Liberty Street
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$950,000
Est. payment /mo
13,600 SqFt
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UPDATED:

10/18/2024 02:54 PM

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 13,600 sqft

Price per Sqft $69

MLS Listing ID 12104305

Year Built 1870

Annual Tax Amount $7,108

Tax Year 2023

Lot Dimensions 61X120

Property Description

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.

Location

State IL

County Grundy

Zoning RTAIL

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true


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Listed by David Welter • RE/MAX Top Properties

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Andy Svalesen

Agent | License ID: 475.198802

+1(312) 248-9882

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423 Liberty Street