403 Spellisy Ct | Morris, IL 60450
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403 Spellisy Ct
Morris, IL 60450
Land Portfolio Morris, IL · Land For Sale · 38.04 AC Total
Investment Highlights
- Over 38-acres of shovel-ready, commercial land for development off US Hwy 6 and N Division St, a major retail corridor in the area.
- Strategically positioned with excellent visibility on US Highway 6 with an average traffic count of nearly 15,000 vehicles per day.
- Located in a growing market with daytime employment at 10,384 within a five-mile radius.
- Total consumer spending within a five-mile radius is over $247 million, with retail spending per capita at $12,746.
- Excellent value-add opportunity where a new owner can realize gains through development and disposition.
Executive Summary
In Morris, Illinois, this land portfolio is just over 38-acres of commercial and industrial land broken up into 14 lots. Located just off US Highway 6 and less than a mile from I-80 and Route 47, this site is strategically positioned in a major retail corridor. A brand-new ALDI recently opened next door along with a new Goodwill, and the parcels wrap just north and east of a Walmart Supercenter. Other major national retailers nearby include Starbucks, Dunkin', Dollar Tree, Dollar General, GameStop, Walgreens, Burger King, McDonald's, Wendy's, and more within a mile. With plenty of distribution and commercial development in the Morris area helping drive job growth, the historically strong employers in the energy, health care, and farming sectors help support a relatively recession-proof economy. The Town of Morris boasts a population of nearly 16,000 with a historically steady growth rate and an average household income of $90,304 within a five-mile radius. US Highway 6 enjoys traffic counts of nearly 15,000 vehicles per day, and with proximity to the intersection of I-80 and Route 47, customers are never far.
PROPERTY FACTS
Sale Type | Investment | Individually For Sale | 14 |
Status | Active | Total Land Area | 38.04 AC |
Number of Properties | 14 |
Sale Type | Investment |
Status | Active |
Number of Properties | 14 |
Individually For Sale | 14 |
Total Land Area | 38.04 AC |
Properties
Property Name / Address | Property Type | Size | Individual Price |
---|---|---|---|
Lot 6
403 Spellisy Ct, Morris, IL 60450 |
Land | 3.09 AC | $1,617,432 |
Lot 7
406 Spellisy Ct, Morris, IL 60450 |
Land | 1.52 AC | $796,968 |
Lot 8
415 Arthur Ave, Morris, IL 60450 |
Land | 1.68 AC | $879,396 |
Lot 9
336 Spellisy Ct, Morris, IL 60450 |
Land | 1.50 AC | $426,335 |
Lot 10
2566 Mission Pky, Morris, IL 60450 |
Land | 1.50 AC | $424,678 |
Lot 12
308 Spellisy Ct, Morris, IL 60450 |
Land | 3.22 AC | $911,612 |
Lot 13
300 Spellisy Ct, Morris, IL 60450 |
Land | 2.83 AC | $803,459 |
Lot 14
309 Spellisy Ct, Morris, IL 60450 |
Land | 3.50 AC | $991,341 |
Lot 15
323 Spellisy Ct, Morris, IL 60450 |
Land | 2.15 AC | $608,764 |
Lot 16
339 Spellisy Ct, Morris, IL 60450 |
Land | 2.11 AC | $599,424 |
Lot 5
449 Spellisy Ct, Morris, IL 60450 |
Land | 5.43 AC | $2,838,348 |
Lot 2
445 Arthur Ave, Morris, IL 60450 |
Land | 1.91 AC | $1,000,000 |
Lot 4
467 Arthur, Morris, IL 60450 |
Land | 5.05 AC | $2,641,416 |
Lot 3
455 Arthur Ave, Morris, IL 60450 |
Land | 2.55 AC | $1,331,544 |
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