1950 E Old Pine Bluff Road, Morris, IL 60450

Local realty services provided by:Better Homes and Gardens Real Estate Connections
1950 E Old Pine Bluff Road,Morris, IL 60450
$425,000
  • 12 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: shawn hornsby
Office: century 21 coleman-hornsby
MLS#:12563755
Source:MLSNI

Price summary

  • Price:$425,000

About this home

This is your chance to own a unique multi-unit property in the thriving community of Morris, IL. This dual-building property, sprawled over a substantial 0.47-acre lot with a single PIN, offers exceptional income potential and is now available for sale after being owned for over 45 years by the seller. Featuring four rental units, the property includes a side-by-side ranch-style duplex and a side-by-side two-story duplex. Each unit boasts three comfortable bedrooms, an eat-in kitchen, a living room and a well-appointed bathroom, ensuring spacious living arrangements and strong rental appeal. With current rents significantly below market value - where three-bedroom apartments in Morris rent for $1,250 - there is a considerable upside potential for adjusting rents to match market standards, resulting in enhanced cash flow. Tenants cover all their utility costs, and all are on flexible month-to-month leases, providing new ownership with the agility to adjust operations as needed. The

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Home facts

  • Year built:1964
  • Listing ID #:12563755
  • Added:2 day(s) ago
  • Updated:February 10, 2026 at 11:59 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Roof:Asphalt
  • Year built:1964
  • Lot area:0.47 Acres

Schools

  • High school:Morris Community High School
  • Middle school:Morris Grade School
  • Elementary school:Morris Grade School

Finances and disclosures

  • Price:$425,000
  • Tax amount:$9,043 (2024)
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