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.
Morris is located in Illinois. Morris, Illinois has a population of 14,601. Morris is less family-centric than the surrounding county with 29.97% of the households containing married families with children. The county average for households married with children is 37%.
The median household income in Morris, Illinois is $65,911. The median household income for the surrounding county is $81,764 compared to the national median of $69,021. The median age of people living in Morris is 37.8 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 15.3 degrees. The average rainfall is approximately 37.6 inches per year, with 22.4 inches of snow per year.