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$550,000 -$49,000 (-8.18%) Price Reduced
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Property Description
This versatile 50' x 50' 4,600 sq. ft. building, 2,300 sq. ft. main level and 2,300 sq. ft. basement, formerly a medical office, sits on a generous 8.43-acre lot with adjacent vacant land included in the sale. Inside, you'll find 10 exam rooms-8 already outfitted with plumbing-3 bathrooms, a spacious reception area, and 2 private offices. The property also boasts a full basement that was once finished and could easily be restored, offering even more usable space. With ample parking and excellent visibility, this property is ideal for businesses seeking prime exposure. Sold "as-is," this is a fantastic opportunity for investors or expanding businesses.
Full Property Details
Full Property Details for 1561 N Division St
General
- Price: $550,000
- Taxes: $12,186 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12194178
- Updated: 3/23/2026
- Added to Site: 522 day(s) ago
Interior
- Interior Features: Basement
Location
- Area: Morris
- County: Grundy
- Township: Saratoga
- Driving Directions: Rt. 47 on east side of street across from Walgreens
- Location Details: Far West, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Construction: Brick, Block, Wood
- Exterior Const.: Brick, Block, Wood
- Stories/Levels: 1
- Square Feet: 2,484
- Current Bldg. Use: Medical/Dental
- Year Built: 1983
Lot Features
- Lot Size (Acres): 8.34
- Lot Size (Sq. Ft.): 363,290
- Frontage: City Street, Public Road, US Highway
- Potential Use: Commercial, Retail, Special Use
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1983
- Tax Amount: $12,186
- Tax Year: 2024
Disclosures and Reports
- Property ID: 234351014
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Schools
Schools serving 1561 N Division St
School Districts:Morris Community High School District 101, Morris School District 54
| Name | Grades | Distance |
|---|---|---|
White Oak Elementary School 2001 Dupont Avenue, Morris, IL 60450 | PK-5 | 1.7 mi |
Shabbona Middle School 725 School Street, Morris, IL 60450 | 6-8 | 0.7 mi |
Morris Community High School 1000 Union Street, Morris, IL 60450 | 9-12 | 0.9 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 1561 N Division St
Date
Details
Price
Change
Source
3/23/2026
Price Reduced
$550,000
-8.18%
MLS
10/22/2024
Listed
$599,000
76.18%
MLS
3/22/2012
Sold
$340,000
—
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 1561 N Division St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,047
13%
$14,423
13%
2022
$926
5%
$12,753
7%
2021
$880
—
$11,939
6%
2021
$880
4%
$11,263
—
2020
$847
—
$11,263
—
2018
$846
2%
$11,295
2%
2017
$826
3%
$11,056
3%
2016
$800
1%
$10,714
1%
2015
$792
6%
$10,562
5%
2014
$745
-2%
$10,036
-4%
2013
$764
-1%
$10,420
-2%
2012
$768
—
$10,580
—
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 1561 N Division St
1561 N Division Street, Morris, IL 60450 (MLS# 12194178) is a Commercial property. 1561 N Division Street is currently listed for $550,000 and was received on October 22, 2024. Want to learn more about 1561 N Division Street? 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.

