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$325,000

Est. payment - /mo

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4 Beds

4 Baths

10,454 Sqft Lot

New

720-722 E North ST Morris, IL 60450

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12645395

Style Ranch

Bedrooms 4

Year Built 1980

Annual Tax Amount $8,003

Tax Year 2024

Lot Size 10,454 Sqft

Lot Dimensions 71X143

Property Sub-Type Two to Four Units

Property Description

Well-maintained all brick side-by-side ranch duplex offering an excellent investment opportunity. Property improvements in the last 5 years include a newer roof, and a new furnace and a/c in the north unit. Both units have been very well maintained. Each 2-bedroom unit features an attached 1.5-car garage, wood deck, spacious living areas, and functional layouts designed for comfortable living. The south unit includes a cozy living room with a wood-burning fireplace, kitchen with appliances and breakfast bar, dining area, laundry room, two generously sized bedrooms, and two full bathrooms. The north unit offers a bright living room, kitchen with appliances, dining area, laundry room, two spacious bedrooms, one full bathroom, and one half bathroom. Both units feature sliding glass doors leading to backyard decks, and each attached garage measures approximately 13' x 23'. The south unit is currently leased month-to-month, while the north unit is under a written lease agreement. Please note: the duplexes cannot be separately sold, as the property is on one lot that cannot be split. Tenants pay electric, gas, water, sewer & garbage. Offered at $325,000 which amounts to $162,500 per unit. This rental investment property is in a great location - near a park/playground, a short walk to Stratton Park riverside park, and within easy walking distance of downtown Morris with its shops, restaurants, events and festivals.

Location

State IL

County Grundy

Area Morris

Zoning MULTI

Body of Water RANCH TWO UNIT

Rooms

Basement Crawl Space

Interior

Heating Natural Gas

Equipment TV-Cable, Ceiling Fan(s), Multiple Water Heaters

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

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

Listed by Shawn Hornsby of Century 21 Coleman-Hornsby

Nearby School & Business

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106