Morris, IL 60450,316/318 Liberty Street
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Morris, IL 60450,316/318 Liberty Street
Morris, IL 60450,316/318 Liberty Street
Morris, IL 60450,316/318 Liberty Street
Morris, IL 60450,316/318 Liberty Street
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316/318 Liberty Street Morris, IL 60450

15,000 SqFt


UPDATED:

10/31/2024 05:06 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 15,000 sqft

Price per Sqft $65

MLS Listing ID 12191549

Year Built 1885

Annual Tax Amount $12,031

Tax Year 2023

Lot Dimensions 60X110

Property Description

The Gebhard Building - A Historic Gem in Downtown Morris, IL! Built in 1885 by Louis Gerhard, founder of Gerhard Brewery, the Gebhard Building is a timeless landmark located in the heart of the Morris Downtown Historic District. Spanning approximately 15,000 square feet across three floors, this property blends historic charm with modern amenities, making it an excellent investment opportunity. The building features a diverse mix of long-term tenants, including 7 commercial and office spaces and 6 residential apartments. It offers flexible use potential, making it ideal for retail, office, or residential rental income. Recent updates ensure the building is well-maintained, preserving its architectural integrity while enhancing functionality. With a prime location in Morris' vibrant downtown, known for its bustling shops, restaurants, and events, the Gebhard Building presents a unique chance to own a piece of local history with reliable cash flow potential. This is a rare opportunity for investors or business owners seeking a historically significant property with established tenants in a thriving community.

Location

State IL

County Grundy

Zoning COMMR

Interior

Cooling Central Air, Window Unit(s)

Flooring Varies

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site

View Y/N true

Building

Foundation Concrete Perimeter, Stone

Structure Type Brick,Concrete,Stone,Wood Frame


Listed by Tom Wawczak • Century 21 Coleman-Hornsby

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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316/318 Liberty Street