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$325,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • 2 Car Garage
  • Updated 1 day ago
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Well-maintained all brick side-by-side ranch duplex offering an excellent investment opportunity. Property improvements in the last 5 years include a newer roof, and a new furnace and a/c in the north unit. Both units have been very well maintained. Each 2-bedroom unit features an attached 1.5-car garage, wood deck, spacious living areas, and functional layouts designed for comfortable living. The south unit includes a cozy living room with a wood-burning fireplace, kitchen with appliances and breakfast bar, dining area, laundry room, two generously sized bedrooms, and two full bathrooms. The north unit offers a bright living room, kitchen with appliances, dining area, laundry room, two spacious bedrooms, one full bathroom, and one half bathroom. Both units feature sliding glass doors leading to backyard decks, and each attached garage measures approximately 13' x 23'. The south unit is currently leased month-to-month, while the north unit is under a written lease agreement. Please note: the duplexes cannot be separately sold, as the property is on one lot that cannot be split. Tenants pay electric, gas, water, sewer & garbage. Offered at $325,000 which amounts to $162,500 per unit. This rental investment property is in a great location - near a park/playground, a short walk to Stratton Park riverside park, and within easy walking distance of downtown Morris with its shops, restaurants, events and festivals.

Full Property Details for 720-722 E North St

General

  • Price: $325,000
  • Taxes: $8,003 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12645395
  • Updated: 5/15/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Complex Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Crawl Spac

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Cable TV, Ceiling Fan(s), Multiple Water Heaters
  • Other Features: School Bus Service

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: Morris
  • County: Grundy
  • Township: Morris
  • Driving Directions: I-80 to Rt.47 (south) to North St (east) to duplex.

School Information

  • School District: 54
  • Elem School District: 54
  • Midd School District: 54
  • High School District: 101
  • Elementary School: Morris Grade School
  • Middle School: Morris Grade School
  • High School: Morris Community High School
  • Private School: Morris Community High School

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Model: RANCH TWO UNIT
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Roof: Asphalt
  • Year Built: 1980

Unit Information

  • Units in Building: 2

Manufactured Home

  • Model: RANCH TWO UNIT

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 71 x 143
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1980
  • Tax Amount: $8,003.32
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 503329011

Listed by Century 21 Coleman-Hornsby

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— 720-722 E North St —

  • Century 21 Coleman-Hornsby

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NMLS#: 1598647

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Price & Sales History for 720-722 E North St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/12/2026
Listed
$325,000
31.31%
MLS
4/01/2021
Sold
$247,500
—
Public Record
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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 for 720-722 E North St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,860
15%
$100,425
15%
2022
$6,827
4%
$87,235
6%
2021
$6,547
—
$82,500
-3%
2021
$6,547
-4%
$84,924
6%
2020
$6,838
9%
$80,496
3%
2018
$6,254
6%
$77,793
6%
2017
$5,886
1%
$73,703
1%
2016
$5,831
4%
$73,126
4%
2015
$5,614
5%
$70,199
3%
2014
$5,324
-2%
$68,367
-4%
2013
$5,412
-5%
$71,090
-6%
2012
$5,676
—
$75,970
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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720-722 E North Street, Morris, IL 60450 (MLS# 12645395) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 720-722 E North Street is currently listed for $325,000 and was received on May 12, 2026. Want to learn more about 720-722 E North Street? Do you have questions about finding other Multi-Family real estate for sale in Morris? You can browse all Morris real estate or contact a Coldwell Banker agent to request more information.

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