$950,000
Active Under Contract
62 Days Online
0 Beds0 Baths13,600 SQFT
Active Under Contract

423 Liberty Street Morris, IL 60450

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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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyGrundy
  • Taxes$7,108
  • HOA/Condo/Coop Fees$0
  • Days on Site61 Days
  • MLS StatusActive Under Contract
  • MLS ID Number12104305
  • Home Size Source N/A
  • Year Built1870
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Electric Circuit Breakers
  • Number of Stories 2
  • Property Sub Type Business
  • Zoning RTAIL
  • Number Of Stories 2

Interior Features

  • Cooling Central Air

Community Features

  • Township Morris
  • MLS Area Morris

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Monthly Payment (Est.)

$4,774
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