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Sold on 06/05/2024
Jim Maskel of Advantage Realty, Inc.

723 E Jefferson St, Morris, IL 60450

  • $225,000

    Last sold 06/05/2024 after 16 Days

  • 4

    bed

  • 2

    bath

Multi-family not for sale
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About 723 E Jefferson St

Property type Multi-family
Neighborhood
Year built 1945
HOA fee $0/month
Lot size 5,663 Sqft
Property description
Are you seeking to expand your portfolio with rental properties? This 2-unit property presents an excellent opportunity, all on one lot. Rent out both units for optimal returns, or reside in one while leasing the other to offset the mortgage. Enjoy the convenience of maintenance-free exteriors and replacement windows in both homes. The front unit features a full basement with a shower, while the rear unit offers parking accessible from the alley and sits on a crawl space. Each unit comes with appliances, gas-forced heat, central A/C, patio areas, and a shed. Tenants are responsible for all utilities. This is an estate sale, being sold As-Is.
Listed by
Listing Agent - Jim Maskel
Listing Office - Advantage Realty, Inc.
Source: MRED mls logo
MLS#12026745 • last updated 2 years ago
Movoto checked MRED for data 10 minutes ago
Overview
Levels/Style Ranch
MLS # 12026745
SubType 1 Story Unit/s
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.13
Property Tax $ 3690.5
Year Built 1945
Buyer Agent Commission 3% - $200, % Of Gross Sale Price
Interior
Basement Partial, Unfinished
Total # of Rooms 6
Exterior
Foundation Block
Roof Asphalt
Parking Desc Space/s
Other Structures Shed(s)
Exterior Features Patio
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 2
Location
Area Morris
County Grundy
Elementary School Morris Grade School
Elementary School District 54
High School Morris Community High School
Middle School District 54
Middle School Morris Grade School
High School District 101
APN 503378006
Directions Rt. 47 To Jefferson St. E To Homes On Right
Multifamily Details
Gross Income 22200
We are not permitted to show value estimates for this property.
  • Jul 2024
    mls logo MLS # 12026745
  • Jul 15, 2024 Sold
    $225,000 (-4.6%)
  • Jul 10, 2024 Pending
    —
  • Jun 5, 2024 Active
    —
  • May 20, 2024 Listed
    $235,850
  • 723 E Jefferson St
    $225K
  • Morris
    —
  • 60450
    $364K -1% y/y
  • Morris
    $366K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
White Oak Elementary School
public Grades PK, K-5
Morris School District 54
6/10
Shabbona Middle School
public Grades 6-8
Morris School District 54
7/10
Morris Community High School
public Grades 9-12
Morris Chsd 101 School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • IL
  • Grundy County
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  • 60450
  • 723 E Jefferson St
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