$495,000

555 Michael Drive, Morris, IL 60450

  • 5,250 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2001
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $94/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

Investment Opportunity - Fully Leased Commercial Warehouse in Morris! Investors, take note of this exceptional income-producing property in Morris. This 5,250 sq. ft. warehouse building is currently occupied by a successful CrossFit facility and is fully leased, offering immediate rental income. The building features excellent functionality with (3) 12' x 12' overhead doors and (2) 16' x 14' overhead doors, all equipped with automatic openers. North Unit:** Approximately 23' x 50' with a 12' x 17' mezzanine. **Interior Unit:** Approximately 59' x 50' featuring a mezzanine along the rear wall a half bath, and water heater. **South Unit:** Approximately 23' x 50' with no mezzanine. Each "unit" includes a separate steel service entrance door, providing convenient tenant access. Located with access from Michael Drive behind We Care, this versatile warehouse property offers a strong investment opportunity in a desirable Morris location. Fully rented and generating income-ideal for investors seeking a turnkey commercial asset or 1031 exchange opportunity. Tenant pays Real Property Taxes, Repairs & Maintenance, Water/Sewer, All Utilities, Exterior Maintenance & Trash Collection. Seller pays insurance. Also two small detached storage units that are on month to month lease basis included in the income details provided. PLEASE ABSOLUTELY DO NOT APPROACH THE PROPERTY WITHOUT A SCHEDULED APPOINTMENT. AND PLEASE DO NOT APPROACH THE EXISTING TENANTS.

Listing Status:
Active
Data Last Updated:
July 6, 2026 at 7:18AM
Listing Office:
Advantage Realty, Inc. : 815-942-5252
Listing Agent:
Anitra Brase : 815-942-5252
MLS ID:
12654773
  • A/C: None
  • General: Concrete Perimeter
  • Road/Access: City StreetPublic RoadSignal Intersection
  • Originating MLS: mred
  • County: Grundy
  • Zoning: WRHSE0233458003
  • Utilities: Electric to SiteNatural Gas AvailableWater AvailableCircuit Breakers
  • Sewer: Holding Tank
  • Source: mred

This listing courtesy of Anitra Brase , Advantage Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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