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$235,850   Price Analysis
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723 E Jefferson St
Morris, IL 60450
4 bed 2 bath unknown SqFt ($0/SqFt)
5,663SqFt lot. Built 1945
Listed 2024-05-20, Taxes $3,539
USDA Eligible
near Morris, IL
 

Are you seeking to expand your portfolio with rental properties? This 2-unit property presents an excellent opportunity

* Has Contingent Offer *

All on one lot. Rent out both units for optimal returns or reside in one while leasing the other to offse t the mortgage. Enjoy the convenience of maintenance-free exteriors and replacment windows in both homes.

The front unit features a full basement with a shower, while the rear unit offers parking accessible from the alley and sits on a crawl space. Each unit comes with appliances, gas-forced heat, central A/C, patio areas and a shed. Tenants are responsible for all utilities. This is an estate sale, being sold As-Is.


Presented by Jim Maskel at
Advantage Realty, Inc.
Listing Agent Photo

Property MLS #12026745 from MRED

Bedrooms: 4
Bedrooms Possible: 4

Total Rooms: 6
Basement Features: Partial
Basement Description: Unfinished

Total Bathrooms: 2
Full Bathrooms: 2

Heating Features: Natural Gas, Forced Air

Patio
Other Structures: Shed(s)

Lot Description: Sidewalks, Streetlights
Lot Size Acres: 0.13
Lot Size Dimensions: 45 X 127
Lot Size Square Feet: 5663

Parking Features: Off Alley, Alley Access
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Morris Grade School
High School: Morris Community High School
High School District: 101

Morris Community High School is a public high school located approximately 1 miles away.
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Shabbona Middle School is a public middle school located approximately 1.2 miles away.
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White Oak Elementary School is a public elementary school located approximately 2 miles away.
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Immaculate Conception School is a private elementary and middle school located approximately 0.2 miles away.
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Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Unit 1 Total Actual Rent: 950
Unit 2 Total Actual Rent: 900

Annual Tax Amount: 3690.50
Source Listing Status: Active Under Contract
County: Grundy
Directions: Rt. 47 to Jefferson St. E to homes on right
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 0503378006
Postal Code Plus 4: 6045
Township: Morris
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$37,019 + $7,576
$44,595
$3,539
2020$36,074 + $7,383
$43,457
$3,499
2019$34,193 + $6,998
$41,191
$3,298
2018$33,530 + $6,862
$40,392
$3,247
2017$31,767 + $6,501
$38,268
$3,056
2016$31,518 + $6,450
$37,968
$3,027
2015$30,256 + $6,192
$36,448
$2,915
2014$29,466 + $6,030
$35,496
$2,764
2013$30,640 + $6,270
$36,910
$2,809
2012$32,750 + $6,700
$39,450
$2,947
2011$35,990 + $7,360
$43,350
$3,132
2010$37,160 + $7,600
$44,760
$3,197
2008$37,700 + $7,710
$45,410
$2,921
2007$35,200 + $7,200
$42,400
$2,921
2006$32,200 + $6,590
$38,790
$2,612

Listed 2024-05-20
$235,850
MRED

Year Built: 1945
Foundation Details: Block
Property Age: 79
Roof: Asphalt
Architectural Style: Ranch

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.