IL > Morris
Morris, IL 60450,316/318 Liberty ST
Morris, IL 60450,316/318 Liberty ST
Morris, IL 60450,316/318 Liberty ST
Morris, IL 60450,316/318 Liberty ST
Morris, IL 60450,316/318 Liberty ST
Morris, IL 60450,316/318 Liberty ST
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Legacy Properties

Legacy Properties

+1(224) 999-9100
$ 980,000
Est. payment | /mo

15,000 SqFt

Save
$ 980,000
Est. payment | /mo
Save

15,000 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 15,000 sqft

Price per Sqft $65

MLS Listing ID 12191549

Year Built 1885

Annual Tax Amount $12,031

Tax Year 2023

Lot Dimensions 60X110

Property Sub-Type Mixed Use

Property Description

The Gebhard Building - A Historic Gem in Downtown Morris, IL! Built in 1885 by Louis Gebhard, founder of Gebhard 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.

Location

State IL

County Grundy

Area Morris

Zoning COMMR

Interior

Cooling Central Air, Window Unit(s)

Flooring Varies

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available

Building

Dwelling Type Mixed Use

Level or Stories 3

Structure Type Brick,Concrete,Stone,Wood,Frame,Block

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tom Wawczak • Century 21 Coleman-Hornsby
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

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316/318 Liberty ST