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$1,600,000 Just Listed
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Property Description
Positioned prominently in Morris' Downtown Business District near the Grundy County Courthouse and surrounded by beautifully preserved historic buildings, this impressive all-brick multi-use commercial property, characterized by soaring arched windows, offers approximately 17,112 square feet of above-grade floor area plus a dry basement. Excellent condition, versatile floor plans, established tenants, and a prime downtown location make this a unique opportunity for an investor, owner-user, or business seeking a prominent commercial presence. The property currently accommodates Sublime Wear USA, National Disability Experts Law Firm, and Chicago Title, demonstrating the building's ability to serve a wide variety of professional, retail, office, and service-oriented businesses. A concrete parking lot provides seven on-site parking spaces, with two municipal parking lots directly across the street providing an additional 43 parking spaces for employees, customers, and clients. An outdoor patio area provides an attractive space for several tables and creates additional possibilities for tenant use or customer enjoyment. The 124 E. Illinois Ave. Sublime Wear USA space offers an impressive open commercial space featuring a soaring ceiling in the front portion of the building. The space includes a convenient lunchroom, second-floor office area overlooking the open floor area, and a private second-floor office highlighted by a wall of windows overlooking the front portion of the space. The font portion of the space has glass overhead doors that let in plenty of natural light and can be opened to allow the space to transition to the patio area. Men's and women's restrooms are included, along with an overhead delivery door providing convenient access to the alley behind the building. The 110 W. Illinois Ave. Chicago Title space is thoughtfully designed for professional office use, featuring a welcoming front office adjoining a customer waiting room, a large private conference room, three private offices, and an open area ideal for cubicles or additional workstations. Men's and women's restrooms are conveniently located adjacent to this space. The 128 & 130 W. Illinois Ave. National Disability Experts space consists of two separate suites connected by a common vestibule. Each two-story suite offers its own restroom and flexible space suitable for private offices, work areas, or a variety of professional uses. The building has been exceptionally well maintained through the years and offers the character and presence of an established downtown commercial property while providing the functionality today's businesses require. Its prominent location near the courthouse, municipal parking, historic downtown buildings, and other established businesses provides excellent visibility and convenient accessibility. A rare opportunity to acquire a substantial, versatile commercial building in the heart of Downtown Morris-with established tenants, multiple suites, parking, outdoor patio space, and the flexibility to accommodate a wide range of businesses. Recent upgrades include a new roof in 2021 and four new rooftop HVAC units in 2022.
Full Property Details
Full Property Details for 124 W Illinois Ave
General
- Price: $1,600,000
- Taxes: $18,227 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12710687
- Updated: 9/26/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Common Lunchroom(s), Common Meeting Room(s), Accessible Entrance, Accessible Washroom/s, Heavy Floor Load, Multi-Tenant, Overhead Door(s), Private Restroom(s), Storage Inside, Basement, High-Speed Communication Circuits, Mezzanine
- Flooring: Carpet, Concrete, Vinyl, Sealed
Additional Information
- Security/Safety: Partially Sprinklered, Sprinklers (Wet)
Location
- Area: Morris
- County: Grundy
- Township: Morris
- Driving Directions: I80 to Rt.47 (south) to Illinois Ave. (west)
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Ceiling Units, Central Heat/Individual Controls, Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available, Cable Available
Structural Information
- Construction: Brick, Block, Wood
- Exterior Const.: Brick, Block, Wood
- Foundation: Concrete Perimeter
- Roof: Membrane, Metal
- Ceiling Height: 22
- Drive-In Doors: 1
- Sub-Flooring: Carpet, Concrete, Vinyl, Sealed
- Stories/Levels: 2
- Square Feet: 17,112
- Current Bldg. Use: Commercial
- Year Built: 1950
Unit Information
- # Tenants: 3
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 19,200
- Lot Dimensions: 120 x 160
- Frontage: City Street
- Drainage: Floor Drains, Storm Sewers
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $18,227
- Security Deposit: Partially Sprinklered, Sprinklers-Wet
- Assessment Year: 1950
- Tax Amount: $18,227.26
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Scavenger, Sewer
Disclosures and Reports
- Documents Avail.: Rent Roll, Leases, Floor Plan, Tax Bill
- Property ID: 509227013
Listed by Century 21 Coleman-Hornsby
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Schools
Schools serving 124 W Illinois Ave
School Districts:Morris School District 54, Morris Community High School District 101
| Name | Grades | Distance |
|---|---|---|
White Oak Elementary School 2001 Dupont Avenue, Morris, IL 60450 | PK-5 | 1.6 mi |
Shabbona Middle School 725 School Street, Morris, IL 60450 | 6-8 | 1 mi |
Morris Community High School 1000 Union Street, Morris, IL 60450 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 W Illinois Ave
Date
Details
Price
Change
Source
9/26/2026
Listed
$1,600,000
106.45%
MLS
7/20/2021
Sold
$775,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 124 W Illinois Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,613
9%
$186,713
9%
2024
$13,403
15%
$171,250
15%
2022
$11,642
4%
$148,758
6%
2021
$11,165
—
$140,683
3%
2021
$11,165
1%
$137,091
6%
2020
$11,039
8%
$129,944
2%
2018
$10,244
6%
$127,424
6%
2017
$9,641
1%
$120,724
1%
2016
$9,550
4%
$119,777
4%
2015
$9,196
5%
$114,982
3%
2014
$8,720
-2%
$111,981
-4%
2013
$8,864
-5%
$116,440
-6%
2012
$9,297
—
$124,440
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124 W Illinois Ave
124 W Illinois Avenue, Morris, IL 60450 (MLS# 12710687) is a Commercial property. 124 W Illinois Avenue is currently listed for $1,600,000 and was received on September 26, 2026. Want to learn more about 124 W Illinois Avenue? Do you have questions about finding other Commercial real estate for sale in Morris? You can browse all Morris real estate or contact a Coldwell Banker agent to request more information.

