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$190,000 Just Listed
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Property Description
This 4,400 square foot commercial building offers a solid investment opportunity with durable masonry construction and excellent functionality. Located on high visibility Route 64 in Mt. Morris, the property features five overhead doors, three-phase electric, and an existing smoke and dust removal system, making it well suited for automotive, shop, or light industrial use. Zoned commercial, the building provides flexibility for a wide range of income producing possibilities, including rental space, vehicle or equipment storage, or owner user operations. Strong location, versatile layout, and commercial zoning make this property an attractive option for investors seeking long term value and adaptability.
Full Property Details
Full Property Details for 402 E Il Route 64
General
- Price: $190,000
- Taxes: $4,390 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12546831
- Updated: 1/14/2026
- Added to Site: 1 day(s) ago
Location
- Area: Mount Morris
- County: Ogle
- Township: Mt. Morris
- Driving Directions: In Mt. Morris on IL RT 64, just past the RR tracks on the right.
- Location Details: Far West, Out of Area, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Exhaust Fan, Office Only, Window Unit(s)
- Heating Type: Central Heat/Individual Controls, Radiators, Other
Utilities
- Water: Community Water
- Onsite: Electricity to Site, Natural Gas Nearby, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Concrete, Block
- Exterior Const.: Concrete, Block
- Roof: Composition, Membrane
- Drive-In Doors: 5
- Loading: Exterior
- Stories/Levels: 1
- Square Feet: 4,419
- Current Bldg. Use: Commercial
- Year Built: 1970
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 18,000
- Lot Dimensions: 112 x 170 x 100 x 164
- Frontage: State Road
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1970
- Tax Amount: $4,390.6
- Tax Year: 2024
Disclosures and Reports
- Property ID: 8263780140000
Listed by RE/MAX of Rock Valley
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Schools
Schools serving 402 E Il Route 64
School District:Oregon Community Unit School District 220
| Name | Grades | Distance |
|---|---|---|
Oregon Elementary School 1150 Jefferson Street, Oregon, IL 61061 | PK-6 | 4.7 mi |
David L Rahn Junior High School 105 West Brayton Road, Mount Morris, IL 61054 | 7-8 | 0.6 mi |
Oregon High School, Oregon, IL 210 South 10th Street, Oregon, IL 61061 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 402 E Il Route 64
Date
Details
Price
Change
Source
1/14/2026
Listed
$190,000
—
MLS
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 402 E Il Route 64
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,391
9%
$45,277
9%
2023
$4,025
11%
$41,650
17%
2021
$3,618
-6%
$35,449
-7%
2022
$3,851
6%
$38,250
9%
2020
$3,649
5%
$35,204
5%
2019
$3,462
8%
$33,369
6%
2018
$3,194
—
$31,480
—
2017
$3,205
—
$31,480
—
2016
$3,206
-1%
$31,480
—
2015
$3,230
2%
$31,480
—
2014
$3,180
-2%
$31,480
-7%
2013
$3,261
—
$33,694
—
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 402 E Il Route 64
402 E Il Route 64, Mount Morris, IL 61054 (MLS# 12546831) is a Commercial property. 402 E Il Route 64 is currently listed for $190,000 and was received on January 14, 2026. Want to learn more about 402 E Il Route 64? Do you have questions about finding other Commercial real estate for sale in Mount Morris? You can browse all Mount Morris real estate or contact a Coldwell Banker agent to request more information.

