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    100 Commercial Drive

    Morris, IL 60450
    • $1,275,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: 10835383
    UPDATED: 107 min ago
    $1,275,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,950
      SQFT
    • $61
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1999
    County:
    Area:

    School Ratings & Info

    Description

    12 unit 20,950 sq.ft. commercial strip mall 87.1% occupied with written leases, in the heart of busy Morris commercial corridor. Broad spectrum of tenants including long term restaurant, finance company, carpet business, tobacco shop. Ample parking. Access to Route 47 and Route 6. Parcel is 2.85 acres; adjoins 3.70 acres commercial lot available for immediate development. Neighbors include Walgreens, BP Gas station, Bowling Alley, McDonalds. Call for details.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-09-23T23:51:01.15 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    100 Commercial Drive Morris, IL 60450

    • Price: $1,275,000
    • Status: Active
    • Updated: 107 min ago
    • MLS #: 10835383
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    20,950
    SQFT
    $61
    $/SQFT
    1999
    Built
    Neighborhood:
    Morris
    County:
    Grundy
    Area:
    Morris
    Property Description
    12 unit 20,950 sq.ft. commercial strip mall 87.1% occupied with written leases, in the heart of busy Morris commercial corridor. Broad spectrum of tenants including long term restaurant, finance company, carpet business, tobacco shop. Ample parking. Access to Route 47 and Route 6. Parcel is 2.85 acres; adjoins 3.70 acres commercial lot available for immediate development. Neighbors include Walgreens, BP Gas station, Bowling Alley, McDonalds. Call for details.
    Exterior Features

    Foundation Concrete Frontage Access City Street Lot Dimensions 190X536X211X100X20X437 Lot Sq Ft 124146 Number Of TLDocks 0 Roof Coverings Metal Roof Structure Truss

    Interior Features

    Air Conditioning Central AirCentral Individual Fire Protection Sprinklers-Wet Number Of Drive In Doors 0 Number Of Stories 1 Outdoor Parking 51-100 SpacesPrivate Lot

    Property Features

    Current Use Commercial Electrical Service Circuit BreakersSeparate Meters Expense Year 2019 Exterior Building Type Steel SidingBrick Extra Storage Spaces Available YN No Financial Amounts For Total Building Rental Onl Yes Gross Rentable Area 20950 Gross Rental Income Amount 201008 Heat Ventilation Forced AirGas Max Avail Sq Ft Rentable 4800 Min Avail Sq Ft Rentable 1600 Net Oper Income Amount 110804 Net Operating Income Year 2019 Net Rentable Area 20950 Number Of Tenants 9 Possession ClosingTenant's Rights Property Offered For Sale Only Tax Year 2019 Taxes 25000 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatInsuranceWater/SewerVaries By Tenant Total Annual Exp 77950 Total Annual Expense Source Owner Projection Total Annual Income 201008 Total Monthly Income 16750 Township Saratoga Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-MunicipalWater To Site Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Advantage Realty, Inc.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-09-23T23:51:01.15 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647