Morris, IL 60450,310 W Jackson ST
Morris, IL 60450,310 W Jackson ST
Morris, IL 60450,310 W Jackson ST
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$205,000
Est. payment /mo
4 Beds
2 Baths
5,227 Sqft Lot
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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


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Midwest Real Estate Data (MRED) IDX
Listed by Ryan Van Der Karr • Tiered Real Estate

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310 W Jackson ST