Active
316/318 Liberty Street
Morris IL, 60450
$980,000
$65.33 per sqft
Active
15,000 sqft
Other
Built in 1885
Courtesy of Century 21 Coleman-Hornsby
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.
12191549
MLSⓇ ID
October 26, 2024
Listed
November 22, 2024
Updated
Map
316/318 Liberty Street
Morris IL, 60450
Interior Features
Total Stories
3
Floor Description
Varies
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Other Property Details
Area Name
Morris
Taxes
$12,031
Tax Frequency
Annually
Days on Market
7
Garage
No
View
No
County
Grundy
Municipality
Morris
Pool
No
Zoning
COMMR
Courtesy of Century 21 Coleman-Hornsby, Tom Wawczak,
Listing Contact: 815-942-9190
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Data last updated 7:20 AM UTC, 11/22/2024