8
See all 8 photos
$205,000
Est. payment /mo
4 BD
2 BA
5,227 Sqft Lot
Active
310 W Jackson ST Morris, IL 60450
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UPDATED:
12/16/2024 06:07 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12140722
Style Traditional
Bedrooms 4
Year Built 1920
Annual Tax Amount $4,063
Tax Year 2022
Lot Size 5,227 Sqft
Lot Dimensions 44X121
Property Description
2-Unit Just Blocks From Downtown Morris. Both Units Have 2 Bedrooms And 1 Bathroom. There Is Also A Basement And A 2-Car Garage. Both Tenants Are LONG-Term And Would Like To Stay. Owners Are Letting This One Go Because They Are Relocating. As-Is. Don't Miss Out On This Outstanding Investment Opportunity! BUYERS: Morris rents for these units could be anywhere from $1200-$1600 at current rates. That would value the property at $240,000-$320,000. YES the lower unit needs work. If you are doing the work yourself, it might only be $10k giving a buyer significant equity even at full list price. This is an outstanding opportunity.
Location
State IL
County Grundy
Area Morris
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Porch
Parking Features Detached
Garage Spaces 2.0
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Morris Grade School
Middle Schools Morris Grade School
High Schools Morris Community High School
School District 54 , 54, 101
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ryan Van Der Karr • Tiered Real Estate