Morris, IL 60450,213 Liberty Street
Morris, IL 60450,213 Liberty Street
Morris, IL 60450,213 Liberty Street
Morris, IL 60450,213 Liberty Street
Morris, IL 60450,213 Liberty Street
Morris, IL 60450,213 Liberty Street
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$384,000

$399,900

4.0%
Est.Price: ?

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Est. payment /mo

3,000 SqFt


SOLD DATE : 12/31/2022

Key Details

Sold Price $384,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $128

MLS Listing ID 11663192

Sold Date 12/31/22

Year Built 1875

Annual Tax Amount $3,844

Tax Year 2020

Lot Dimensions 50X125

Property Sub-Type Mixed Use

Property Description

Fantastic, FULLY Renovated, two-story mixed-use building, with TURN-KEY restaurant and residential apartment, located in the heart of historic, downtown Morris. Morris, IL is a bustling Illinois River Town, nestled an hour southwest of Chicago with direct access from high traffic Route 6, Route 47 and Interstate 80. Visitors flock day & night from the surrounding cities and greater Chicagoland area for Morris' famous year round special events and festivals (such as, Liberty Arts Festival, Grundy County Corn Festival, Morris Cruise Nights, Home for the Holidays Festival, 3 French Hens Country Market, and numerous holiday parades), shopping at one-of-a-kind boutiques and specialty shops, year-round outdoor recreation (watersports, hiking, biking, hunting, etc..) and popular nightlife. This well-known and locally adored restaurant was revitalized and renovated in 2019, and then opened for business in 2020. Extensive outdoor seating, large inside dining area with breakfast bar, and warm and inviting modern farmhouse decor and friendly atmosphere! AND, it has yet to meet its full potential! Catering and/or dinner menu would also make a great addition. Other outstanding notables include, restaurant currently holds a full liquor license, full basement w/ office and additional storage, possible bonus income from gaming machines that were recently added, LOW REAL ESTATE TAXES, extended permit for outdoor seating though 2022 (reviewed by the city on a yearly basis), and completely renovated upstairs apartment currently rented by excellent, long term tenant on a month-to-month basis. (Pictures of apartment taken prior to tenant moving in). The list goes on and on! This property is a MUST SEE! List price includes: Real Estate w/ Improvements; fully functioning restaurant, all fixtures and equipment (excluding leased gaming machines and leased commercial dishwasher and ice maker in restaurant), electronics & state of the art POS software, inventory, Central Security System/Alarm, restored/high exposure LED marquee sign, and apartment stove refrigerator, microwave and window air conditioning unit. EVERYTHING is ready for the next owner! TRULY TURN-KEY! PLEASE CONTACT LISTING AGENT OR CO-LIST AGENT FOR FURTHER INFORMATION AND TO SCHEDULE ALL SHOWINGS. DO NOT CONTACT THE OWNER, STAFF, CUSTOMERS OR VENDORS. FINANCIALS CAN BE SHARED AFTER THE EXECUTION OF A CONFIDENTIALITY AGREEMENT.

Location

State IL

County Grundy

Zoning COMMR

Interior

Cooling Wall Sleeve

Fireplace N

Exterior

View Y/N true

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Listed by Thomas Cunningham • Real Broker, LLC
Bought with Garry Schroeder • Coldwell Banker Today's, Realtors
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50 S Main St, Naperville, IL, 60540, USA

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