Listing provided courtesy of RE/MAX Top PropertiesMREDas Distributed by MLSGrid- MLS# 12194178MLS Provider

1561 N Division StreetMorris, IL 60450

Commercial · 2,484 Sq. ft. | 8.34 Acres
$550,000 Re-activated

1561 N Division Street Overview

Time on Site:
615 days
Visits:
5

This versatile 50' x 50' 4,600 sq. ft. building, 2,300 sq. ft. main level and 2,300 sq. ft. basement, formerly a medical office, sits on a generous 8.43-acre lot with adjacent vacant land included in the sale. Inside, you'll find 10 exam rooms-8 already outfitted with plumbing-3 bathrooms, a spacious reception area, and 2 private offices. The property also boasts a full basement that was once finished and could easily be restored, offering even more usable space. With ample parking and excellent visibility, this property is ideal for businesses seeking prime exposure. Sold as-is, this is a fantastic opportunity for investors or expanding businesses.

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1561 N Division Street Facts & Features

  • Type Commercial
  • Sq. ft. 2,484
  • Price/Sq.ft. $221
  • Lot 8.34 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Gross
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1983

Business Information

  • Current Use: Medical/Dental

Location/Region

  • County Or Parish: Grundy
  • MLS Area Major: Morris
  • Township: Saratoga

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $12,186.00
  • Tax Year: 2024

General Information

  • Parcel Number: 0234351014
  • Possible Use: Commercial,Retail,Special Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 2484

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 4600
  • Stories: 1

Unit Information

  • Unit SqFt.: 4600

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street,Public Road,US Highway
  • Lot Size Acres: 8.34
  • Lot Size Dimensions: 0
  • Lot Size Square Feet: 363290
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick, Block, Wood

General Information

  • Utilities: Electric to Site,Natural Gas Available,Water Available

1561 N Division Street Neighborhood

Community

60450 (MORRIS) Demographics

40
Median Age
124
Population Density (per sq. mile)
35%
College Educated
$72,505
Estimated Median Income
5,436
Estimated Total Home Owners
3,285
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1561 N Division Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1561 N Division Street Market Data

Based on the last 30 days in this zip code

$398,275
Average List Price
$193
Average Price per Square Foot
17
Properties Sold
48
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

1561 N Division Street History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Re-activated
5/7/2026Source: MRED Status Change
Contingent
3/28/2026Source: MRED Status Change
Active
3/23/2026Source: MRED Price Reduction
$550,000 -8.2%
3/23/2026Source: MRED Status Change
Price Change
10/27/2024Source: MRED Status Change
Active
10/22/2024Source: MRED Added to Database
October 22, 2024