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1299 Leah Rd

13,000 SF 100% Leased Industrial Building Morris, IL 60450 $1,490,000 ($115/SF)

Warehouses Illinois Morris 1299 Leah Rd, Morris, IL 60450

Investment Highlights

  • Conveniently situated in a high-traffic area with excellent visibility and easy access.
  • Includes 2.25 acres of land with utilities in place for two additional buildings
  • Easy access to major roads and highways, facilitating smooth transportation and logistics.

Executive Summary

This property presents a fantastic opportunity for investors seeking immediate income with long-term growth potential. The existing leased units provide steady monthly revenue, while the additional land offers significant value-add potential through future development.

Attachments

Industrial Condos Leah Rd

Property Facts

Price $1,490,000 Rentable Building Area 13,000 SF
Price Per SF $115 No. Stories 1
Sale Type Investment Year Built 2009
Property Type Industrial Parking Ratio 1.2/1,000 SF
Property Subtype Warehouse Clear Ceiling Height 16 FT
Building Class B No. Drive In / Grade-Level Doors 10
Lot Size 4.88 AC
Price $1,490,000
Price Per SF $115
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 4.88 AC
Rentable Building Area 13,000 SF
No. Stories 1
Year Built 2009
Parking Ratio 1.2/1,000 SF
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 10

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
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DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Chicago
2,705,994
56
1 h 13 m
Indianapolis
867,125
208
4 h 6 m
Detroit
672,662
312
5 h 53 m
Columbus
892,533
386
7 h 24 m
Nashville
669,053
463
8 h 58 m
Memphis
650,618
505
9 h 46 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
54,097
Total Labor Force
29,599
Unemployment Rate
4.35%
Median Household Income
$88,229
Warehouse Employees
6,782
High School Education Or Higher
94.60%

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-34-280-002
  • 02-34-280-003
  • 02-34-280-005
  • 02-34-280-011
  • 02-34-280-006
  • 02-34-280-007
  • 02-34-280-004
  • 02-34-280-001
  • 02-34-280-010
 Improvements Assessment $220,217
Land Assessment $141,246 Total Assessment $361,463

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-34-280-002
  • 02-34-280-003
  • 02-34-280-005
  • 02-34-280-011
  • 02-34-280-006
  • 02-34-280-007
  • 02-34-280-004
  • 02-34-280-001
  • 02-34-280-010
Land Assessment
$141,246
Improvements Assessment
$220,217
Total Assessment
$361,463

zoning

Zoning Code I (Industrial Zoning)
I (Industrial Zoning)
(815) 318-0404

Contact

  • Listing ID: 34331890

  • Date on Market: 12/31/2024

  • Last Updated:

  • Address: 1299 Leah Rd, Morris, IL 60450

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1299 Leah Rd, Morris, IL for sale Other- Image 5 of 7
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1299 Leah Rd
(815) 318-0404 x

1299 Leah Rd

Peter Fleming

(815) 318-0404

(815) 318-0404

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